SK hynix Inc. $SKHY Shares Newly Purchased by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC bought a new stake in SK hynix Inc. (NASDAQ:SKHY) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,222 shares of the memory chip maker’s stock, valued at approximately $777,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Yarbrough Capital LLC bought a new position in shares of SK hynix during the 3rd quarter worth approximately $5,934,000. Lancaster Investment Management acquired a new stake in SK hynix in the 3rd quarter valued at $34,103,000. Capstone Capital Management Ltd acquired a new stake in SK hynix in the 3rd quarter valued at $1,473,000. Prime Capital Investment Advisors LLC acquired a new stake in SK hynix in the 3rd quarter valued at $6,777,000. Finally, DUTCH ASSET Corp bought a new stake in SK hynix during the 3rd quarter worth about $2,066,000.

Wall Street Analysts Forecast Growth

SKHY has been the subject of a number of recent research reports. Zacks Research upgraded shares of SK hynix to a “hold” rating in a research note on Friday, July 24th. Wolfe Research reaffirmed an “outperform” rating and issued a $250.00 target price on shares of SK hynix in a research report on Wednesday, September 23rd. Citigroup raised SK hynix to a “strong-buy” rating in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. started coverage on SK hynix in a report on Thursday, September 10th. They set an “overweight” rating and a $245.00 target price on the stock. Finally, Royal Bank Of Canada started coverage on SK hynix in a research report on Tuesday, August 4th. They set an “outperform” rating and a $200.00 price target for the company. Four analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $247.67.

More SK hynix News

Here are the key news stories impacting SK hynix this week:

• Positive Sentiment: Potential $12 billion shareholder return: Reports say SK hynix may use proceeds from the sale of its Kioxia stake for a special dividend or broader shareholder-return program. The company previously denied the specific 16 trillion won dividend report, but is expected to provide more details on October 28. Any substantial payout could support the stock and improve investor sentiment. SK Hynix Promises Shareholder Returns on October 28
• Positive Sentiment: Strong earnings expectations: Analysts anticipate record third-quarter operating profit, supported by rising DRAM prices, high-bandwidth memory (HBM) demand and growing AI-related storage needs. Some forecasts are above consensus, while multiple previews point to earnings scheduled for Wednesday. SK hynix Earnings Preview
• Positive Sentiment: Favorable industry positioning: RBC and other analysts see SK hynix benefiting from a prolonged memory upcycle. Commentary also highlights its leading HBM position, faster revenue growth than Intel and a lower valuation than Nvidia, potentially increasing its appeal among AI-focused investors. SK Hynix Seen Benefiting From Prolonged Memory Upcycle
• Positive Sentiment: Buyback completed: SK hynix reportedly completed a 40 trillion won share buyback, lifting treasury shares to 3.47%. Reduced share count and additional shareholder returns could provide support. SK hynix Completes Share Buyback
• Neutral Sentiment: Analyst support remains positive but cautious: Cantor Fitzgerald kept an “overweight” rating while reducing its target to $250, signaling substantial expected upside but also reflecting potential near-term uncertainty. Cantor Fitzgerald SK hynix Ratings
• Neutral Sentiment: Short-interest data is inconsistent: One report describes a large increase in short interest, but lists total short interest at zero shares and a zero-day days-to-cover ratio. The figures provide no reliable evidence of material short-selling pressure.
• Negative Sentiment: Valuation risk for U.S. investors: One earnings preview estimates SKHY’s U.S.-listed ADRs trade at a roughly 42% premium to Korean-listed shares, creating downside risk if that gap narrows. SK hynix Valuation Risk Preview

SK hynix Price Performance

NASDAQ:SKHY opened at $142.62 on Tuesday. SK hynix Inc. has a 1-year low of $124.80 and a 1-year high of $199.87. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.59 and a quick ratio of 2.29. The firm has a fifty day moving average price of $169.86.

SK hynix (NASDAQ:SKHY) last issued its earnings results on Tuesday, August 18th. The memory chip maker reported $8.48 earnings per share for the quarter. The firm had revenue of $51.19 billion for the quarter. As a group, equities research analysts predict that SK hynix Inc. will post 25.69 earnings per share 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.