Charles Schwab Investment Management Inc. Boosts Holdings in Amkor Technology, Inc. $AMKR

Key Points

• Charles Schwab Investment Management Inc. has increased its stake in Amkor Technology by 4.3% during the first quarter, now owning approximately 2.09 million shares valued at $37.78 million.
• Significant insider activity was reported as major shareholder John T. Kim purchased 441,589 shares for a total of about $9.65 million, increasing his position by 13.19%.
• Amkor Technology recently announced a $0.0827 quarterly dividend, with a 1.4% yield, to be paid on September 23rd, marking a payout ratio of 26.83%.

Charles Schwab Investment Management Inc. lifted its stake in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 4.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,092,078 shares of the semiconductor company's stock after purchasing an additional 85,805 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.85% of Amkor Technology worth $37,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of AMKR. UG Investment Advisers Ltd. bought a new stake in Amkor Technology in the 1st quarter worth about $21,057,000. Wellington Management Group LLP increased its holdings in Amkor Technology by 34.9% in the 4th quarter. Wellington Management Group LLP now owns 1,529,348 shares of the semiconductor company's stock worth $39,289,000 after buying an additional 395,242 shares in the last quarter. Vanguard Group Inc. increased its holdings in Amkor Technology by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 16,025,236 shares of the semiconductor company's stock worth $289,416,000 after buying an additional 361,010 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Amkor Technology by 110.7% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 674,785 shares of the semiconductor company's stock worth $17,335,000 after buying an additional 354,457 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in Amkor Technology by 7.9% in the 4th quarter. First Trust Advisors LP now owns 4,778,790 shares of the semiconductor company's stock worth $122,767,000 after buying an additional 350,809 shares in the last quarter. Hedge funds and other institutional investors own 42.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. The Goldman Sachs Group assumed coverage on Amkor Technology in a report on Thursday, July 10th. They issued a "neutral" rating and a $20.00 price objective for the company. Morgan Stanley reiterated an "equal weight" rating on shares of Amkor Technology in a report on Tuesday, July 29th. JPMorgan Chase & Co. lifted their price objective on Amkor Technology from $25.00 to $27.00 and gave the stock an "overweight" rating in a report on Tuesday, July 29th. B. Riley lifted their price objective on Amkor Technology from $18.00 to $24.00 and gave the stock a "neutral" rating in a report on Tuesday, July 29th. Finally, UBS Group lifted their price objective on Amkor Technology from $23.00 to $25.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Amkor Technology presently has a consensus rating of "Hold" and an average target price of $26.44.

Amkor Technology Stock Performance

Shares of Amkor Technology stock traded up $0.88 during trading hours on Friday, reaching $24.09. 2,200,979 shares of the stock traded hands, compared to its average volume of 2,682,271. The company has a 50 day moving average price of $22.10 and a 200 day moving average price of $20.16. The firm has a market capitalization of $5.95 billion, a price-to-earnings ratio of 19.59 and a beta of 1.85. Amkor Technology, Inc. has a one year low of $14.03 and a one year high of $33.69. The company has a quick ratio of 1.70, a current ratio of 1.89 and a debt-to-equity ratio of 0.28.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.06. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.42 billion. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The firm's revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.27 EPS. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. On average, equities research analysts expect that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Wednesday, September 3rd will be paid a dividend of $0.0827 per share. The ex-dividend date is Wednesday, September 3rd. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.4%. Amkor Technology's payout ratio is 26.83%.

Insider Activity at Amkor Technology

In related news, EVP Mark N. Rogers sold 15,000 shares of the business's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $23.58, for a total transaction of $353,700.00. Following the completion of the transaction, the executive vice president directly owned 23,862 shares in the company, valued at approximately $562,665.96. The trade was a 38.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder John T. Kim acquired 441,589 shares of the business's stock in a transaction that occurred on Friday, August 1st. The shares were bought at an average price of $21.85 per share, with a total value of $9,648,719.65. Following the completion of the purchase, the insider owned 3,789,479 shares in the company, valued at $82,800,116.15. This trade represents a 13.19% increase in their position. The disclosure for this purchase can be found here. 26.90% of the stock is currently owned by corporate insiders.

About Amkor Technology

Amkor Technology, Inc provides outsourced semiconductor packaging and test services in the United States, Japan, Europe, the Middle East, Africa, and the Asia Pacific. It offers turnkey packaging and test services, including semiconductor wafer bump, wafer probe, wafer back-grind, package design, packaging, system-level and final test, and drop shipment services; flip chip scale package products for smartphones, tablets, and other mobile consumer electronic devices; flip chip stacked chip scale packages that are used to stack memory digital baseband, and as applications processors in mobile devices; flip-chip ball grid array packages for various networking, storage, computing, automotive, and consumer applications; and memory products for system memory or platform data storage.