Euro Pacific Asset Management 13F: Adds $10K to UMC Stake

Euro Pacific Asset Management has increased its position in United Microelectronics Corporation (NYSE:UMC), according to its latest Form 13F filing with the SEC. The fund added 519 shares, boosting its stake by 2.9% to a total of 18,333 shares worth about $364,460. This filing reflects holdings as of the end of the reporting period and may not represent the fund's current position.

What Changed in Euro Pacific Asset Management's United Microelectronics Position

Euro Pacific Asset Management raised its stake in United Microelectronics by 2.9%, adding 519 shares to bring its total to 18,333 shares. The value of this position is approximately $364,460, indicating a continued interest in the semiconductor company.

United Microelectronics Corporation Stock Down 17.2%

Shares of United Microelectronics Corporation traded on the NYSE. The company has a market capitalization of about $63.8 billion and a P/E ratio of 24.7. Its stock has traded between $6.97 and $28.96 over the past year. The 50-day moving average is $20.45, while the 200-day moving average is $15.05. United Microelectronics has a beta of 1.703, suggesting higher volatility compared to the overall market. The company's current ratio is 2.166, with a quick ratio of 1.772 and a debt-to-equity ratio of 14.293.

Recent Earnings

United Microelectronics reported revenue of approximately $250.7 billion, with a revenue growth rate of 17%. The company's net margin stands at 33.3%, and return on equity is 21.3%. Earnings per share is noted at $1.03. The next earnings report is scheduled for October 28, 2026.

Dividend

United Microelectronics pays an annual dividend of $0.40, resulting in a yield of 1.63%. The dividend payout ratio is not specified, indicating a reinvestment strategy.

About United Microelectronics

United Microelectronics Corporation is a semiconductor wafer foundry based in Hsinchu City, Taiwan. It operates internationally, manufacturing and selling integrated circuits and providing services like circuit design, mask tooling, and wafer fabrication. The company also offers venture capital, marketing support, and various consulting services. Led by CEO Mr. Jason S. Wang, UMC employs around 20,000 people.

Bottom Line

Euro Pacific Asset Management's decision to increase its stake in United Microelectronics Corporation underscores its interest in the semiconductor sector. Investors often track such filings to gauge fund managers' confidence in a company, keeping in mind that 13F filings are backward-looking and may not reflect current holdings. With a solid market presence and ongoing earnings growth, United Microelectronics remains a company to watch.