Ninety One North America 13F: New $15M Stake in SK hynix (SKHY)

Ninety One North America built a fresh position in SK hynix Inc. SKHY, purchasing 83,414 shares valued at about $15.4 million. The institutional investment manager disclosed the move in a Form 13F filing filed with the Securities and Exchange Commission on October 15, 2026. Because 13F filings look backward at portfolio holdings from the end of the reporting quarter, this report captures the fund's investment stance at that time and may not reflect its current holdings today.

What Changed in Ninety One North America's SK hynix Position

The firm opened a brand-new stake in the semiconductor company during the period, picking up 83,414 shares in total. The newly initiated holdings carried a reported value of $15,360,689.00 on the filing date. This new investment places the chip maker inside the fund's portfolio as a fresh addition.

Other Institutional Activity in SK hynix

Other institutional investors also adjusted their positions in the semiconductor maker during the recent reporting cycle. Sapient Capital LLC grew its holdings by 30,160 shares, ending with 60,319 shares worth about $8.2 million. Oak Grove Capital LLC added 42,900 shares, bringing its total to 85,800 shares valued at $11.7 million. Sarasin & Partners LLP increased its stake by adding 159,070 shares to hold 318,139 shares worth $43.4 million. Unicom Systems, Inc. bought 89,300 shares, finishing with 178,600 shares valued at $24.4 million. Finally, Montrusco Bolton Investments Inc. grew its holdings by 27,458 shares, holding 54,917 shares worth $7.5 million.

SK hynix Inc. Stock Down 5.9%

SK hynix shares recently traded around $137.45 as of October 16, 2026. The stock sits below its 50-day moving average of $170.81 and below its 200-day moving average of $166.53. The shares trade below their 52-week high of $199.87 while holding above their 52-week low of $124.80.

Recent Earnings

For the trailing twelve months, the company posted revenue of $189,170,609,815,552 and earnings of $15.68 per share. The company reported a net profit margin of 85.6% and a return on equity of 92.7%. The company's next earnings report is scheduled for October 27, 2026.

Dividend

SK hynix pays an annual dividend rate of $0.11 per share, which translates to a dividend yield of 0.08%.

Analysts Set New Price Targets

Several Wall Street firms maintain positive ratings on the stock. On August 4, 2026, Wolfe Research initiated coverage with an Outperform rating and a $200.00 price target. RBC Capital also initiated coverage on August 4, 2026, with an Outperform rating and a $200.00 price target. Cantor Fitzgerald initiated an Overweight rating with a $300.00 target on August 4, 2026. Needham maintained its buy rating on August 24, 2026, raising its target to $220.00 from $200.00. JP Morgan initiated an Overweight rating on September 10, 2026, with a $245.00 price target. Wall Street maintains a strong buy consensus on the stock from 14 analysts, alongside a mean price target of $252.21.

About SK hynix Inc.

SK hynix Inc. researches, develops, manufactures, and sells semiconductor devices globally. The company produces a broad range of memory products, including server, graphics, mobile, PC, and consumer DRAM, alongside NAND flash memory, solid-state drives, and multi-chip packages. It also operates a foundry business to produce non-memory semiconductors. Institutional interest from managers like Ninety One North America highlights ongoing capital allocation toward major component suppliers powering global technology infrastructure.

Bottom Line

Investors tracking Ninety One North America will want to watch for the company's upcoming earnings report on October 27, 2026. Because 13F filings are backward-looking reports, further SEC disclosures will show whether the fund continues to hold or adjusts this position in future quarters.