Corient Private Wealth LP Purchases New Stake in Amkor Technology, Inc. $AMKR

Key Points

• Corient Private Wealth acquired 182,010 Amkor Technology shares worth approximately $15.7 million, while other institutions including BlackRock and Clal Insurance also established or increased positions. Institutional investors collectively own 42.76% of the company.
• Analysts maintain a generally positive outlook, with an overall “Moderate Buy” rating and a consensus price target of $68.33; UBS and Needham raised targets to $90.
• Amkor reported quarterly earnings of $0.70 per share and $1.90 billion in revenue, beating estimates and posting 25.6% year-over-year revenue growth. The company also declared a quarterly dividend of $0.0835 per share, implying a 0.7% annual yield.

Corient Private Wealth LP acquired a new position in shares of Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 182,010 shares of the semiconductor company's stock, valued at approximately $15,695,000. Corient Private Wealth LP owned about 0.07% of Amkor Technology as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Amkor Technology in the second quarter worth about $1,060,005,000. Royal Bank of Canada grew its position in shares of Amkor Technology by 100.6% during the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company's stock valued at $349,000 after acquiring an additional 3,454,012 shares during the period. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Amkor Technology during the 2nd quarter valued at approximately $152,110,000. Fisher Asset Management LLC increased its stake in shares of Amkor Technology by 204.5% during the 4th quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company's stock worth $82,712,000 after purchasing an additional 1,407,109 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Amkor Technology during the 4th quarter worth approximately $53,702,000. Institutional investors own 42.76% of the company's stock.

Insider Transactions at Amkor Technology

In related news, Director Winston J. Churchill sold 5,000 shares of the business's stock in a transaction on Friday, June 12th. The stock was sold at an average price of $78.20, for a total transaction of $391,000.00. Following the sale, the director directly owned 28,781 shares in the company, valued at approximately $2,250,674.20. The trade was a 14.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Guillaume Marie Jean Rutten sold 25,000 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $55.35, for a total value of $1,383,750.00. Following the sale, the director directly owned 486,732 shares in the company, valued at $26,940,616.20. This trade represents a 4.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 50,221 shares of company stock valued at $3,059,887. 26.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on AMKR shares. Morgan Stanley upped their price objective on Amkor Technology from $69.00 to $70.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 28th. Bank of America started coverage on Amkor Technology in a report on Thursday. They set a "buy" rating and a $70.00 price objective for the company. Zacks Research raised Amkor Technology from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. Needham & Company LLC restated a "buy" rating and issued a $90.00 target price on shares of Amkor Technology in a research note on Tuesday, July 28th. Finally, UBS Group raised Amkor Technology from a "neutral" rating to a "buy" rating and upped their price target for the company from $80.00 to $90.00 in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $68.33.

Amkor Technology Stock Performance

NASDAQ AMKR opened at $47.88 on Friday. The company's 50 day moving average is $62.52 and its 200-day moving average is $61.15. Amkor Technology, Inc. has a 12-month low of $23.36 and a 12-month high of $96.68. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50. The firm has a market cap of $11.90 billion, a P/E ratio of 21.47 and a beta of 2.24.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last announced its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The company had revenue of $1.90 billion for the quarter, compared to analysts' expectations of $1.81 billion. During the same period in the prior year, the company posted $0.22 EPS. Amkor Technology's revenue was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Sell-side analysts predict that Amkor Technology, Inc. will post 2.6 earnings per share for the current year.

Amkor Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Wednesday, September 2nd will be given a dividend of $0.0835 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. Amkor Technology's dividend payout ratio is currently 14.80%.

Amkor Technology 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.

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