Raymond James Financial Inc. Has $4.80 Million Stock Holdings in Amkor Technology, Inc. $AMKR

Key Points

• Raymond James Financial Inc. increased its stake in Amkor Technology, Inc. by 20.5%, owning 265,826 shares worth approximately $4.8 million as per its latest SEC filing.
• Amkor Technology reported $0.22 earnings per share for the last quarter, surpassing analyst expectations of $0.16, with a revenue of $1.51 billion, reflecting a year-over-year growth of 3.4%.
• The company announced a quarterly dividend of $0.0827 per share, with an upcoming payment date on September 23rd, resulting in an annualized dividend yield of 1.4%.

Raymond James Financial Inc. raised its stake in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 20.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 265,826 shares of the semiconductor company's stock after acquiring an additional 45,255 shares during the period. Raymond James Financial Inc. owned about 0.11% of Amkor Technology worth $4,801,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. SW Investment Management LLC grew its position in Amkor Technology by 89.3% in the first quarter. SW Investment Management LLC now owns 2,650,000 shares of the semiconductor company's stock valued at $47,859,000 after acquiring an additional 1,250,000 shares during the period. American Century Companies Inc. grew its position in Amkor Technology by 8.4% in the first quarter. American Century Companies Inc. now owns 2,937,593 shares of the semiconductor company's stock valued at $53,053,000 after acquiring an additional 228,591 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Amkor Technology by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 13,398,430 shares of the semiconductor company's stock worth $241,980,000 after purchasing an additional 365,975 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Amkor Technology during the first quarter worth $182,000. Finally, Sei Investments Co. grew its holdings in shares of Amkor Technology by 9.2% during the first quarter. Sei Investments Co. now owns 628,974 shares of the semiconductor company's stock worth $11,359,000 after purchasing an additional 53,125 shares during the last quarter. 42.76% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on AMKR. JPMorgan Chase & Co. increased their target price on Amkor Technology from $25.00 to $27.00 and gave the stock an "overweight" rating in a report on Tuesday, July 29th. Wall Street Zen upgraded Amkor Technology from a "hold" rating to a "buy" rating in a report on Friday, September 5th. The Goldman Sachs Group began coverage on Amkor Technology in a report on Thursday, July 10th. They set a "neutral" rating and a $20.00 target price on the stock. B. Riley increased their target price 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 increased their target price 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 assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $26.44.

Amkor Technology Trading Down 0.3%

Shares of AMKR traded down $0.08 during trading hours on Wednesday, hitting $24.79. 2,809,819 shares of the stock traded hands, compared to its average volume of 1,731,869. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. Amkor Technology, Inc. has a 1-year low of $14.03 and a 1-year high of $32.47. The firm has a market capitalization of $6.13 billion, a PE ratio of 20.15 and a beta of 1.96. The business has a fifty day moving average of $23.03 and a 200-day moving average of $20.31.

Amkor Technology (NASDAQ:AMKR - Get Free Report) last issued 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. Amkor Technology had a return on equity of 7.23% and a net margin of 4.80%.The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter in the prior year, the firm posted $0.27 earnings per share. The firm's revenue for the quarter was up 3.4% compared to the same quarter last year. Amkor Technology has set its Q3 2025 guidance at 0.340-0.480 EPS. Analysts expect that Amkor Technology, Inc. will post 1.47 EPS for the current year.

Amkor Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 3rd will be paid a $0.0827 dividend. The ex-dividend date of this dividend is Wednesday, September 3rd. This represents a $0.33 annualized dividend and a yield of 1.3%. Amkor Technology's dividend payout ratio is presently 26.83%.

Insider Buying and Selling

In related news, major shareholder Sujoda Management, Llc bought 441,589 shares of the business's stock in a transaction on Friday, August 1st. The shares were purchased 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 of the company's stock, valued at $82,800,116.15. This represents a 13.19% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Farshad Haghighi sold 11,792 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $25.00, for a total value of $294,800.00. Following the completion of the transaction, the executive vice president directly owned 8,354 shares in the company, valued at $208,850. The trade was a 58.53% decrease in their position. The disclosure for this sale can be found here. 26.90% of the stock is currently owned by company insiders.

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.