Earnest Partners LLC Cuts Position in Amkor Technology, Inc. $AMKR

Earnest Partners LLC reduced its stake in shares of Amkor Technology, Inc. (NASDAQ:AMKR) by 4.9% in the third quarter, HoldingsChannel reports. The firm owned 4,206,353 shares of the semiconductor company’s stock after selling 218,759 shares during the period. Earnest Partners LLC’s holdings in Amkor Technology were worth $119,460,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Bessemer Group Inc. grew its stake in Amkor Technology by 72.1% in the third quarter. Bessemer Group Inc. now owns 933 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 391 shares during the last quarter. Allworth Financial LP raised its holdings in Amkor Technology by 21.5% in the second quarter. Allworth Financial LP now owns 2,640 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 467 shares in the last quarter. Ulland Investment Advisors LLC lifted its position in shares of Amkor Technology by 2.8% during the third quarter. Ulland Investment Advisors LLC now owns 18,260 shares of the semiconductor company’s stock valued at $519,000 after buying an additional 500 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of Amkor Technology by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 36,553 shares of the semiconductor company’s stock valued at $1,038,000 after buying an additional 503 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Amkor Technology by 24.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 2,784 shares of the semiconductor company’s stock valued at $58,000 after buying an additional 548 shares in the last quarter. Institutional investors own 42.76% of the company’s stock.

Insider Buying and Selling

In other Amkor Technology news, CEO Kevin K. Engel sold 12,500 shares of Amkor Technology stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $48.75, for a total transaction of $609,375.00. Following the completion of the sale, the chief executive officer owned 2,953 shares of the company’s stock, valued at approximately $143,958.75. The trade was a 80.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mark N. Rogers sold 5,000 shares of the business’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $49.28, for a total value of $246,400.00. Following the sale, the executive vice president owned 23,862 shares in the company, valued at approximately $1,175,919.36. The trade was a 17.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 47,500 shares of company stock worth $2,363,175 in the last 90 days. Insiders own 26.90% of the company’s stock.

Amkor Technology Stock Up 4.2%

AMKR stock opened at $42.99 on Friday. The stock has a market capitalization of $10.63 billion, a PE ratio of 28.47 and a beta of 1.94. Amkor Technology, Inc. has a 52 week low of $14.03 and a 52 week high of $57.09. The company has a quick ratio of 2.01, a current ratio of 2.27 and a debt-to-equity ratio of 0.28. The firm has a 50 day moving average of $48.42 and a 200 day moving average of $38.58.

Amkor Technology (NASDAQ:AMKR) last posted its quarterly earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.26. Amkor Technology had a net margin of 5.57% and a return on equity of 8.66%. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.84 billion. During the same quarter last year, the company posted $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. Sell-side analysts forecast that Amkor Technology, Inc. will post 1.47 earnings per share for the current year.

Amkor Technology Announces Dividend

The company 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 $0.0835 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.33 dividend on an annualized basis and a yield of 0.8%. Amkor Technology’s dividend payout ratio (DPR) is 21.85%.

Wall Street Analysts Forecast Growth

AMKR has been the subject of several recent analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Amkor Technology from $32.00 to $65.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 10th. Zacks Research downgraded shares of Amkor Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 25th. Morgan Stanley lifted their price target on shares of Amkor Technology from $28.00 to $45.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 10th. The Goldman Sachs Group upped their price target on Amkor Technology from $38.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 10th. Finally, B. Riley Financial raised their price objective on Amkor Technology from $29.00 to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Amkor Technology has an average rating of “Hold” and a consensus target price of $49.86.

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.