Hillman Co. acquired a new stake in SK hynix Inc. (NASDAQ:SKHY – Free Report) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 62,613 shares of the memory chip maker’s stock, valued at approximately $11,530,000. SK hynix comprises about 4.4% of Hillman Co.’s investment portfolio, making the stock its 12th largest position.
Several other large investors have also recently made changes to their positions in SKHY. Ramsey Quantitative Systems acquired a new position in SK hynix in the 3rd quarter worth about $30,000. Financial Management Professionals Inc. acquired a new stake in shares of SK hynix in the 3rd quarter worth $129,000. Albion Financial Group UT acquired a new position in SK hynix in the third quarter valued at approximately $184,000. Boyd Wealth Management LLC purchased a new position in shares of SK hynix during the 3rd quarter worth approximately $238,000. Finally, Leslie Global Wealth LLC purchased a new position in shares of SK hynix in the third quarter valued at approximately $243,000.
More SK hynix News
Here are the key news stories impacting SK hynix this week:
- Positive Sentiment: SK hynix reported exceptionally strong third-quarter results, supported by rising DRAM and NAND average selling prices, expanding margins and surging artificial-intelligence-related demand. Analysts characterized the quarter as a potential turning point for the broader memory industry. SK hynix: A Bargain For The Ages (Earnings Analysis)
- Positive Sentiment: Management indicated that available memory capacity is effectively sold out through 2029, reflecting sustained demand from AI infrastructure and data-center customers. The company is also accelerating HBM4 production and expanding capacity. SK Hynix Just Delivered Fantastic News for Micron
- Positive Sentiment: Long-term agreements reportedly cover more than half of planned 2027–2028 capacity, improving revenue visibility and reducing exposure to the memory industry’s usual cyclicality. Strong cash generation, shareholder returns and a net-cash position further support the investment case. SK hynix: Despite Their Premium To The Korean Shares, The U.S. ADRs Are A Bargain
- Positive Sentiment: RBC reaffirmed an Outperform rating, while Rosenblatt raised its price target. Other coverage continues to describe SKHY as undervalued relative to peers despite its superior growth and profitability. Royal Bank Of Canada Reaffirms Outperform Rating
- Neutral Sentiment: SK hynix denied reports of a confirmed plan for a major U.S. NAND plant by its Solidigm subsidiary, limiting speculation about additional capital spending. SK hynix Denies Confirmed Plan for Massive U.S. NAND Plant
- Negative Sentiment: The immediate catalyst for the decline is a broad technology sell-off following disappointing Amazon and Intel results. Weakness in Samsung, Micron and SanDisk has amplified pressure across the memory-chip sector, while some investors are questioning whether SKHY’s strong outlook is already reflected in its valuation. Why are Micron, SK Hynix, and SanDisk stocks falling on Friday?
Wall Street Analyst Weigh In
A number of analysts have issued reports on the company. William Blair reaffirmed an “outperform” rating and set a $154.00 price target on shares of SK hynix in a report on Friday. Singular Research raised SK hynix to a “strong-buy” rating in a research note on Friday, July 10th. Weiss Ratings assumed coverage on SK hynix in a research report on Friday, October 2nd. They set a “hold (c)” rating for the company. Wolfe Research reiterated an “outperform” rating on shares of SK hynix in a research note on Wednesday. Finally, Wells Fargo & Company reiterated a “buy” rating on shares of SK hynix in a report on Wednesday. Four equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $247.80.
Check Out Our Latest Research Report on SK hynix
SK hynix Stock Down 7.9%
Shares of SKHY stock opened at $149.21 on Friday. The firm has a market capitalization of $1.09 trillion and a P/E ratio of 11.81. The company has a 50 day moving average of $168.89. SK hynix Inc. has a 52 week low of $124.80 and a 52 week high of $199.87. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.29 and a current ratio of 2.59.
SK hynix (NASDAQ:SKHY – Get Free Report) last posted its earnings results on Wednesday, October 28th. The memory chip maker reported $3.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.96 by ($2.12). The business had revenue of $73.86 billion for the quarter, compared to analysts’ expectations of $66.41 billion. Analysts expect that SK hynix Inc. will post 25.83 EPS for the current fiscal year.
About SK hynix
SK hynix Inc is a South Korean semiconductor company that develops and manufactures memory products and related semiconductor solutions. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives, and high-bandwidth memory (HBM) used in computing, artificial intelligence, data centers, smartphones, automotive systems, and other electronic devices.
The company serves customers globally through manufacturing, research, sales, and support operations in South Korea and other major technology markets.
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