Amkor Technology, Inc. (NASDAQ:AMKR) Receives Average Rating of “Hold” from Analysts

Shares of Amkor Technology, Inc. (NASDAQ:AMKRGet Free Report) have earned an average recommendation of “Hold” from the eleven brokerages that are currently covering the company, Marketbeat reports. Eight equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $49.8571.

A number of research firms recently weighed in on AMKR. Needham & Company LLC upped their price objective on shares of Amkor Technology from $50.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a research report on Wednesday, January 21st. William Blair raised shares of Amkor Technology to a “neutral” rating in a research report on Monday, January 12th. The Goldman Sachs Group increased their price objective on shares of Amkor Technology from $38.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Finally, Morgan Stanley lifted their price objective on shares of Amkor Technology from $28.00 to $45.00 and gave the company an “equal weight” rating in a report on Tuesday, February 10th.

Read Our Latest Stock Analysis on Amkor Technology

Insider Transactions at Amkor Technology

In related news, CEO Kevin K. Engel sold 12,500 shares of the company’s stock in a transaction on 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 directly owned 2,953 shares in the company, valued at $143,958.75. This represents a 80.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Guillaume Marie Jean Rutten sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $48.80, for a total value of $976,000.00. Following the sale, the director directly owned 543,866 shares in the company, valued at approximately $26,540,660.80. The trade was a 3.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 52,500 shares of company stock valued at $2,585,875. Corporate insiders own 26.90% of the company’s stock.

Institutional Trading of Amkor Technology

A number of institutional investors have recently modified their holdings of the company. Allianz Asset Management GmbH lifted its holdings in shares of Amkor Technology by 47.0% during the 3rd quarter. Allianz Asset Management GmbH now owns 519,461 shares of the semiconductor company’s stock valued at $14,753,000 after purchasing an additional 166,091 shares during the last quarter. Norges Bank acquired a new position in Amkor Technology during the 2nd quarter valued at about $17,221,000. Wealth Enhancement Advisory Services LLC raised its stake in Amkor Technology by 53.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 59,386 shares of the semiconductor company’s stock valued at $1,767,000 after buying an additional 20,710 shares during the last quarter. WINTON GROUP Ltd boosted its holdings in Amkor Technology by 70.4% in the second quarter. WINTON GROUP Ltd now owns 97,108 shares of the semiconductor company’s stock worth $2,038,000 after acquiring an additional 40,129 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in Amkor Technology by 61.1% in the second quarter. Squarepoint Ops LLC now owns 229,734 shares of the semiconductor company’s stock worth $4,822,000 after acquiring an additional 87,138 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors.

Amkor Technology Stock Up 2.7%

Shares of NASDAQ:AMKR opened at $48.13 on Friday. The business’s 50 day moving average is $48.08 and its 200 day moving average is $39.09. The stock has a market cap of $11.90 billion, a P/E ratio of 31.87 and a beta of 1.94. Amkor Technology 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.

Amkor Technology (NASDAQ:AMKRGet Free Report) last issued its earnings results on Monday, February 9th. The semiconductor company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.26. Amkor Technology had a return on equity of 8.66% and a net margin of 5.57%.The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.84 billion. During the same period in the previous year, the company posted $0.43 EPS. Amkor Technology’s 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 predict that Amkor Technology will post 1.47 EPS for the current year.

Amkor Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 12th will be issued a $0.0835 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.7%. Amkor Technology’s dividend payout ratio (DPR) is currently 21.85%.

About Amkor Technology

(Get Free Report)

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.

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Analyst Recommendations for Amkor Technology (NASDAQ:AMKR)

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