Vanguard Group Inc. Has $289.42 Million Position in Amkor Technology, Inc. $AMKR

Key Points

• Vanguard Group Inc. increased its stake in Amkor Technology, Inc. by 2.3% during the first quarter, now holding approximately 6.49% of the company, valued at around $289 million.
• Amkor Technology reported a quarterly earnings per share (EPS) of $0.22, exceeding analysts' expectations and showing a revenue of $1.51 billion, which is up 3.4% year-over-year.
• The company announced a dividend of $0.0827 per share to be paid on September 23rd, providing a 1.4% dividend yield.

Vanguard Group Inc. raised its stake in Amkor Technology, Inc. (NASDAQ:AMKR - Free Report) by 2.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,025,236 shares of the semiconductor company's stock after purchasing an additional 361,010 shares during the period. Vanguard Group Inc. owned approximately 6.49% of Amkor Technology worth $289,416,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Amkor Technology by 15.0% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 10,886 shares of the semiconductor company's stock valued at $197,000 after purchasing an additional 1,423 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Amkor Technology by 22.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 20,963 shares of the semiconductor company's stock worth $379,000 after acquiring an additional 3,885 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of Amkor Technology by 32.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 22,260 shares of the semiconductor company's stock worth $403,000 after acquiring an additional 5,447 shares during the period. M&T Bank Corp increased its position in shares of Amkor Technology by 36.9% during the 1st quarter. M&T Bank Corp now owns 52,816 shares of the semiconductor company's stock worth $954,000 after purchasing an additional 14,236 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Amkor Technology by 54.9% during the 1st quarter. GAMMA Investing LLC now owns 4,853 shares of the semiconductor company's stock worth $88,000 after purchasing an additional 1,721 shares in the last quarter. 42.76% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMKR has been the subject of a number of recent analyst reports. DA Davidson dropped their target price on shares of Amkor Technology from $36.00 to $30.00 and set a "buy" rating for the company in a research report on Tuesday, April 29th. B. Riley raised their price objective on shares of Amkor Technology from $18.00 to $24.00 and gave the company a "neutral" rating in a research report on Tuesday, July 29th. UBS Group raised their price objective on shares of Amkor Technology from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. JPMorgan Chase & Co. raised their price objective on shares of Amkor Technology from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. Finally, Needham & Company LLC raised their price objective on shares of Amkor Technology from $22.00 to $28.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $26.44.

Amkor Technology Trading Up 3.8%

Shares of NASDAQ:AMKR traded up $0.88 during trading on Friday, hitting $24.09. 2,200,979 shares of the company's stock were exchanged, compared to its average volume of 2,682,271. Amkor Technology, Inc. has a 1-year low of $14.03 and a 1-year high of $33.69. The firm has a 50-day moving average price of $22.10 and a two-hundred day moving average price of $20.19. The company has a current ratio of 1.89, a quick ratio of 1.70 and a debt-to-equity ratio of 0.28. The firm has a market cap of $5.95 billion, a P/E ratio of 19.59 and a beta of 1.85.

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

Amkor Technology Dividend Announcement

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

Insider Transactions at Amkor Technology

In related news, EVP Mark N. Rogers sold 15,000 shares of Amkor Technology stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $23.58, for a total transaction of $353,700.00. Following the transaction, the executive vice president owned 23,862 shares of the company's stock, valued at $562,665.96. This trade represents a 38.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Sujoda Management, Llc acquired 441,589 shares of the firm's stock in a transaction that occurred 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 acquisition, the insider owned 3,789,479 shares of the company's stock, valued at approximately $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 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.