First Trust Advisors LP Purchases 296,057 Shares of Amkor Technology, Inc. $AMKR

Key Points

• First Trust Advisors LP increased its Amkor stake by 17.6%, buying 296,057 shares to hold 1,981,609 shares (about a 0.80% stake) valued at roughly $56.3 million.
• Amkor beat Q results with $0.69 EPS vs. $0.43 expected and $1.89B revenue (up 15.9% YoY), spurring analyst upgrades including JPMorgan raising its target to $65, though the consensus rating remains a "Hold" with an average target of $49.86.

First Trust Advisors LP lifted its position in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 17.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,981,609 shares of the semiconductor company's stock after buying an additional 296,057 shares during the period. First Trust Advisors LP owned approximately 0.80% of Amkor Technology worth $56,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of AMKR. Allianz Asset Management GmbH grew its position in Amkor Technology by 47.0% during the third quarter. Allianz Asset Management GmbH now owns 519,461 shares of the semiconductor company's stock valued at $14,753,000 after buying an additional 166,091 shares during the period. Norges Bank bought a new position in Amkor Technology in the second quarter worth approximately $17,221,000. Wealth Enhancement Advisory Services LLC raised its position in Amkor Technology by 53.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 59,386 shares of the semiconductor company's stock worth $1,767,000 after acquiring an additional 20,710 shares during the period. WINTON GROUP Ltd boosted its stake in shares of Amkor Technology by 70.4% during the 2nd quarter. WINTON GROUP Ltd now owns 97,108 shares of the semiconductor company's stock worth $2,038,000 after acquiring an additional 40,129 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its stake in shares of Amkor Technology by 61.1% during the 2nd quarter. Squarepoint Ops LLC now owns 229,734 shares of the semiconductor company's stock worth $4,822,000 after acquiring an additional 87,138 shares during the last quarter. Institutional investors own 42.76% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AMKR shares. The Goldman Sachs Group upped their price objective on Amkor Technology from $38.00 to $43.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 10th. Wall Street Zen raised Amkor Technology from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 28th. Weiss Ratings restated a "hold (c)" rating on shares of Amkor Technology in a research report on Wednesday, January 21st. JPMorgan Chase & Co. raised their price objective on Amkor Technology from $32.00 to $65.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 10th. Finally, Zacks Research cut Amkor Technology from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 25th. Three equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $49.86.

Insider Buying and Selling

In other Amkor Technology news, Director Guillaume Marie Jean Rutten sold 20,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $48.80, for a total transaction of $976,000.00. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Kevin Engel sold 11,000 shares of Amkor Technology stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $46.21, for a total transaction of $508,310.00. Following the sale, the executive vice president owned 349 shares in the company, valued at approximately $16,127.29. The trade was a 96.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 98,500 shares of company stock worth $4,720,685 in the last quarter. 26.90% of the stock is owned by insiders.

Amkor Technology Trading Up 1.7%

Shares of Amkor Technology stock opened at $43.94 on Wednesday. The company has a market capitalization of $10.87 billion, a P/E ratio of 29.10 and a beta of 1.94. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.01 and a current ratio of 2.27. The company has a fifty day moving average of $48.29 and a 200 day moving average of $38.29. Amkor Technology, Inc. has a fifty-two week low of $14.03 and a fifty-two week high of $57.09.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last posted its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.26. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The business had revenue of $1.89 billion for the quarter, compared to analysts' expectations of $1.84 billion. During the same period last year, the firm earned $0.43 earnings per share. The business's quarterly revenue was up 15.9% on a year-over-year basis. Amkor Technology has set its Q1 2026 guidance at 0.180-0.280 EPS. On average, sell-side analysts anticipate that Amkor Technology, Inc. will post 1.47 earnings per share for the current fiscal year.

Amkor Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 12th will be paid a dividend of $0.0835 per share. This represents a $0.33 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 12th. Amkor Technology's dividend payout ratio (DPR) is 21.85%.

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.

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