Amkor Technology (NASDAQ:AMKR) Posts Quarterly Earnings Results, Beats Expectations By $0.23 EPS

Amkor Technology (NASDAQ:AMKR) released its quarterly earnings results on Monday. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.23, FiscalAI reports. Amkor Technology had a net margin of 6.17% and a return on equity of 9.88%. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. Amkor Technology updated its Q3 2026 guidance to 0.720-0.820 EPS.

Amkor Technology Stock Performance

Amkor Technology stock traded down $4.25 during trading on Monday, hitting $60.71. The stock had a trading volume of 10,867,544 shares, compared to its average volume of 4,896,032. The stock’s 50 day moving average is $73.36 and its two-hundred day moving average is $60.75. Amkor Technology has a 1 year low of $20.86 and a 1 year high of $96.68. The stock has a market cap of $15.05 billion, a price-to-earnings ratio of 34.69 and a beta of 2.20. The company has a quick ratio of 1.74, a current ratio of 2.01 and a debt-to-equity ratio of 0.28.

Amkor Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Wednesday, June 3rd were paid a $0.0835 dividend. The ex-dividend date was Wednesday, June 3rd. This represents a $0.33 annualized dividend and a yield of 0.6%. Amkor Technology’s dividend payout ratio is presently 18.86%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Melius Research upgraded shares of Amkor Technology from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Monday, April 6th. Needham & Company LLC upped their target price on Amkor Technology from $65.00 to $90.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Morgan Stanley increased their price target on Amkor Technology from $45.00 to $69.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 28th. The Goldman Sachs Group lifted their price target on Amkor Technology from $43.00 to $65.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Finally, B. Riley Financial cut their price objective on Amkor Technology from $90.00 to $75.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Amkor Technology presently has an average rating of “Moderate Buy” and a consensus target price of $69.25.

Insiders Place Their Bets

In other Amkor Technology news, Director Guillaume Marie Jean Rutten sold 50,000 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $74.28, for a total transaction of $3,714,000.00. Following the completion of the transaction, the director owned 502,558 shares in the company, valued at $37,330,008.24. This trade represents a 9.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $86.21, for a total transaction of $431,050.00. Following the completion of the transaction, the executive vice president owned 38,904 shares of the company’s stock, valued at $3,353,913.84. This represents a 11.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 114,000 shares of company stock worth $8,631,450 in the last ninety days. 26.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its holdings in Amkor Technology by 100.6% in the 1st quarter. Royal Bank of Canada now owns 19,345 shares of the semiconductor company’s stock valued at $349,000 after purchasing an additional 3,454,012 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of Amkor Technology by 305.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,574,607 shares of the semiconductor company’s stock worth $44,719,000 after purchasing an additional 1,186,313 shares during the period. AQR Capital Management LLC grew its position in Amkor Technology by 38.3% during the second quarter. AQR Capital Management LLC now owns 3,558,040 shares of the semiconductor company’s stock worth $74,541,000 after buying an additional 985,727 shares in the last quarter. First Trust Advisors LP grew its position in Amkor Technology by 37.4% during the fourth quarter. First Trust Advisors LP now owns 2,722,310 shares of the semiconductor company’s stock worth $107,477,000 after buying an additional 740,701 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Amkor Technology by 133.7% in the 3rd quarter. Invesco Ltd. now owns 1,229,931 shares of the semiconductor company’s stock worth $34,930,000 after acquiring an additional 703,617 shares during the last quarter. Hedge funds and other institutional investors own 42.76% of the company’s stock.

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.