Pallas Capital Advisors LLC Acquires New Holdings in Amkor Technology, Inc. $AMKR

Pallas Capital Advisors LLC bought a new stake in Amkor Technology, Inc. (NASDAQ:AMKR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,398 shares of the semiconductor company’s stock, valued at approximately $1,328,000.

Other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC boosted its holdings in shares of Amkor Technology by 18.4% during the 3rd quarter. AQR Capital Management LLC now owns 4,211,529 shares of the semiconductor company’s stock valued at $119,607,000 after acquiring an additional 653,489 shares in the last quarter. State Street Corp increased its holdings in 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 raised its position in Amkor Technology by 37.4% in the fourth 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. Principal Financial Group Inc. raised its position in Amkor Technology by 19.3% in the first 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. Finally, Fisher Asset Management LLC boosted its stake in shares of Amkor Technology by 204.5% during the fourth quarter. Fisher Asset Management LLC now owns 2,095,027 shares of the semiconductor company’s stock valued at $82,712,000 after purchasing an additional 1,407,109 shares in the last quarter. 42.76% of the stock is currently owned by institutional investors and hedge funds.

Amkor Technology Stock Performance

NASDAQ:AMKR opened at $54.84 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.91 and a current ratio of 2.17. Amkor Technology, Inc. has a fifty-two week low of $22.74 and a fifty-two week high of $96.68. The company has a 50 day simple moving average of $67.94 and a two-hundred day simple moving average of $61.12. The company has a market capitalization of $13.62 billion, a PE ratio of 24.59 and a beta of 2.25.

Amkor Technology (NASDAQ:AMKR) last issued its quarterly earnings results on Monday, July 27th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.23. Amkor Technology had a net margin of 7.45% and a return on equity of 12.27%. The firm had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the company earned $0.22 EPS. The company’s revenue for the quarter was up 25.6% on a year-over-year basis. Amkor Technology has set its Q3 2026 guidance at 0.720-0.820 EPS. Research analysts anticipate that Amkor Technology, Inc. will post 2.62 earnings per share for the current year.

Amkor Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be given a $0.0835 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $0.33 annualized dividend and a dividend yield of 0.6%. Amkor Technology’s dividend payout ratio (DPR) is 14.80%.

Insider Buying and Selling

In other Amkor Technology news, EVP Mark N. Rogers sold 5,000 shares of Amkor Technology stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $86.21, for a total value of $431,050.00. Following the completion of the sale, the executive vice president directly owned 38,904 shares in the company, valued at approximately $3,353,913.84. The trade was a 11.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Douglas A. Alexander sold 5,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $55.81, for a total value of $279,050.00. Following the transaction, the director owned 29,109 shares in the company, valued at $1,624,573.29. The trade was a 14.66% 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 45,221 shares of company stock worth $2,760,987 over the last three months. Insiders own 26.40% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Amkor Technology in a research note on Tuesday, July 28th. Morgan Stanley boosted their target price on shares of Amkor Technology from $69.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 28th. UBS Group upgraded shares of Amkor Technology from a “neutral” rating to a “buy” rating and upped their price target for the company from $80.00 to $90.00 in a research report on Friday, July 24th. Weiss Ratings raised shares of Amkor Technology from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Finally, Zacks Research upgraded Amkor Technology from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $68.12.

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.