Public Employees Retirement System of Ohio Buys Shares of 41,463 Amkor Technology, Inc. $AMKR

Public Employees Retirement System of Ohio purchased a new position in Amkor Technology, Inc. (NASDAQ:AMKR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 41,463 shares of the semiconductor company’s stock, valued at approximately $3,575,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Amkor Technology in the second quarter valued at $1,060,005,000. AQR Capital Management LLC lifted its stake in Amkor Technology by 18.4% during the third quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock worth $119,607,000 after purchasing an additional 653,489 shares during the last quarter. State Street Corp boosted its holdings in shares of Amkor Technology by 1.4% in the 4th quarter. State Street Corp now owns 3,473,925 shares of the semiconductor company’s stock worth $137,151,000 after purchasing an additional 47,514 shares in the last quarter. First Trust Advisors LP increased its position in shares of Amkor Technology by 37.4% during the 4th quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock valued at $107,477,000 after purchasing an additional 740,701 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Amkor Technology by 19.3% during the 1st quarter. Principal Financial Group Inc. now owns 2,622,744 shares of the semiconductor company’s stock valued at $118,107,000 after purchasing an additional 423,629 shares during the last quarter. 42.76% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AMKR shares. Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. B. Riley Financial decreased their price target on shares of Amkor Technology from $75.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 28th. Bank of America initiated coverage on shares of Amkor Technology in a research note on Thursday, August 27th. They issued a “buy” rating and a $70.00 price objective for the company. Needham & Company LLC reiterated a “buy” rating and issued a $90.00 target price on shares of Amkor Technology in a research report on Tuesday, July 28th. Finally, Morgan Stanley boosted their price target on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.33.

Insider Buying and Selling at Amkor Technology

In other news, EVP Mark N. Rogers sold 5,000 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $59.78, for a total value of $298,900.00. Following the sale, the executive vice president directly owned 38,904 shares of the company’s stock, valued at approximately $2,325,681.12. This represents a 11.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Kevin K. Engel sold 3,221 shares of the firm’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $47.00, for a total value of $151,387.00. Following the transaction, the chief executive officer owned 9,666 shares of the company’s stock, valued at $454,302. The trade was a 24.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 50,221 shares of company stock valued at $3,059,887 over the last three months. 26.40% of the stock is currently owned by corporate insiders.

Amkor Technology Price Performance

Shares of Amkor Technology stock opened at $46.94 on Friday. The company has a quick ratio of 1.91, a current ratio of 2.17 and a debt-to-equity ratio of 0.50. The company has a market cap of $11.66 billion, a PE ratio of 21.05, a P/E/G ratio of 0.58 and a beta of 2.22. The business has a 50 day moving average of $59.29 and a 200 day moving average of $61.06. Amkor Technology, Inc. has a 52 week low of $23.38 and a 52 week high of $96.68.

Amkor Technology (NASDAQ:AMKR) last released its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The business had revenue of $1.90 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the previous year, the business posted $0.22 earnings per share. The firm’s revenue for the quarter was up 25.6% compared to the same quarter last year. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, equities research analysts forecast that Amkor Technology, Inc. will post 2.6 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 22nd. Investors of record on Wednesday, September 2nd will be paid a $0.0835 dividend. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 2nd. Amkor Technology’s dividend payout ratio (DPR) is presently 14.80%.

About Amkor Technology

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.