Invesco Ltd. Has $24.65 Million Stock Holdings in Amkor Technology, Inc. $AMKR

Key Points

• Invesco Ltd. increased its stake in Amkor Technology by 201.4%, acquiring an additional 911,886 shares, bringing its total holdings to 1,364,719 shares valued at approximately $24.65 million.
• Amkor Technology recently beat earnings estimates with earnings per share (EPS) of $0.22 and reported quarterly revenues of $1.51 billion, surpassing analyst expectations of $1.42 billion.
• The company declared a quarterly dividend of $0.0827 per share, set to be paid on September 23rd, representing an annualized yield of 1.4%.

Invesco Ltd. grew its position in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 201.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,364,719 shares of the semiconductor company's stock after purchasing an additional 911,886 shares during the quarter. Invesco Ltd. owned approximately 0.55% of Amkor Technology worth $24,647,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Covestor Ltd raised its position in shares of Amkor Technology by 31.2% in the first quarter. Covestor Ltd now owns 11,294 shares of the semiconductor company's stock valued at $205,000 after purchasing an additional 2,689 shares during the period. Deutsche Bank AG raised its position in shares of Amkor Technology by 11.8% in the first quarter. Deutsche Bank AG now owns 21,429 shares of the semiconductor company's stock valued at $387,000 after purchasing an additional 2,255 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Amkor Technology by 4.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,092,078 shares of the semiconductor company's stock valued at $37,783,000 after purchasing an additional 85,805 shares during the period. Vanguard Group Inc. raised its position in shares of Amkor Technology by 2.3% in the first quarter. Vanguard Group Inc. now owns 16,025,236 shares of the semiconductor company's stock valued at $289,416,000 after purchasing an additional 361,010 shares during the period. Finally, ING Groep NV bought a new position in shares of Amkor Technology in the first quarter valued at approximately $1,420,000. Institutional investors own 42.76% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AMKR. Morgan Stanley reissued an "equal weight" rating on shares of Amkor Technology in a research report on Tuesday, July 29th. B. Riley boosted their target price on shares of Amkor Technology from $18.00 to $24.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 29th. JPMorgan Chase & Co. boosted their target price on shares of Amkor Technology from $25.00 to $27.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 29th. Needham & Company LLC boosted their target price on shares of Amkor Technology from $22.00 to $28.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Finally, DA Davidson dropped their target price on shares of Amkor Technology from $36.00 to $30.00 and set a "buy" rating on the stock in a research report on Tuesday, April 29th. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $26.44.

Amkor Technology Stock Performance

AMKR stock traded up $0.21 on Tuesday, reaching $24.36. 1,768,539 shares of the company were exchanged, compared to its average volume of 2,589,535. Amkor Technology, Inc. has a 12 month low of $14.03 and a 12 month high of $33.69. The stock's fifty day moving average price is $22.25 and its 200 day moving average price is $20.15. The firm has a market capitalization of $6.02 billion, a PE ratio of 19.80 and a beta of 1.85. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.89 and a quick ratio of 1.70.

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

Amkor Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd will be issued a $0.0827 dividend. This represents a $0.33 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, September 3rd. Amkor Technology's payout ratio is 26.83%.

Insider Buying and Selling at Amkor Technology

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

Amkor Technology Company Profile

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.