Amkor Technology (NASDAQ:AMKR) Rating Increased to Buy at Melius Research

Melius Research upgraded shares of Amkor Technology (NASDAQ:AMKR) from a hold rating to a buy rating in a report released on Monday, MarketBeat.com reports. They currently have $60.00 price target on the semiconductor company’s stock.

A number of other analysts also recently commented on the company. The Goldman Sachs Group increased their price target on Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 10th. JPMorgan Chase & Co. increased their price target on Amkor Technology from $32.00 to $65.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. B. Riley Financial increased their price target on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a research report on Thursday, January 15th. UBS Group set a $43.00 price target on Amkor Technology in a research report on Tuesday, February 10th. Finally, Morgan Stanley increased their price target on Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 10th. Four analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $51.13.

Amkor Technology Stock Up 0.7%

Shares of NASDAQ:AMKR opened at $47.03 on Monday. The company has a market capitalization of $11.63 billion, a price-to-earnings ratio of 31.15 and a beta of 1.94. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.27 and a quick ratio of 2.01. The business’s 50-day moving average is $47.08 and its 200-day moving average is $41.05. Amkor Technology has a 1 year low of $14.03 and a 1 year high of $57.09.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.26. The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.84 billion. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The firm’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 EPS. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. Equities research analysts predict that Amkor Technology will post 1.47 earnings per share for the current year.

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were issued a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, March 12th. Amkor Technology’s dividend payout ratio is 21.85%.

Insider Buying and Selling at Amkor Technology

In other news, Director Guillaume Marie Jean Rutten sold 20,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $48.80, for a total value of $976,000.00. Following the completion of the transaction, the director directly owned 543,866 shares of the company’s stock, valued at $26,540,660.80. This trade represents a 3.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark N. Rogers sold 5,000 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $44.54, for a total value of $222,700.00. Following the completion of the transaction, the executive vice president directly owned 38,904 shares of the company’s stock, valued at $1,732,784.16. The trade was a 11.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 52,500 shares of company stock valued at $2,585,875. Company insiders own 26.90% of the company’s stock.

Institutional Investors Weigh In On Amkor Technology

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Royal Bank of Canada raised its position in Amkor Technology by 100.6% during the first quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after purchasing an additional 3,454,012 shares in the last quarter. Fisher Asset Management LLC raised its position in Amkor Technology by 204.5% during the fourth quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after purchasing an additional 1,407,109 shares in the last quarter. Norges Bank purchased a new stake in Amkor Technology during the fourth quarter valued at about $53,702,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Amkor Technology by 305.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock worth $44,719,000 after buying an additional 1,186,313 shares during the period. Finally, AQR Capital Management LLC increased its holdings in shares of Amkor Technology by 38.3% in the second quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock worth $74,541,000 after buying an additional 985,727 shares during the period. Hedge funds and other institutional investors own 42.76% of the company’s stock.

Amkor Technology Company Profile

Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.

In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.