Ninety One UK 13F: New $55M Stake in SK hynix (SKHY)

Ninety One UK established a brand-new position in SK hynix Inc. (SKHY) according to a Form 13F filing with the SEC on October 15, 2026. Because 13F reports look backward at activity from the previous quarter, the filing shows holdings as of that date and may not reflect the fund's exact current holdings today.

What Changed in Ninety One UK's SK hynix Position

The firm opened a new stake by purchasing 299,059 shares of the South Korean semiconductor manufacturer. The total value of the newly acquired shares came to $55,071,715.

Other Institutional Activity in SK hynix

Other institutional investors were also busy adjusting their exposure to SK hynix during the same reporting window. Sapient Capital LLC grew its holdings by 30,160 shares, ending with 60,319 shares worth about $8,232,940. Oak Grove Capital LLC added 42,900 shares to own 85,800 shares valued at roughly $11,710,842. Sarasin & Partners LLP boosted its position by adding 159,070 shares, closing the period with 318,139 shares valued at $43,422,793. Unicom Systems, Inc. lifted its stake by 89,300 shares to finish with 178,600 shares worth $24,377,114. Additionally, Montrusco Bolton Investments Inc. grew its holdings by 27,458 shares, ending with 54,917 shares valued at approximately $7,495,621.

SK hynix Inc. Stock Down 5.9%

SK hynix shares recently traded around $137.45 as of October 16, 2026. The stock was trading below its 50-day moving average of $170.81 and below its 200-day moving average of $166.53. It sits about 31.2% below its 52-week high of $199.87 and roughly 10.1% above its 52-week low of $124.80.

Recent Earnings

SK hynix reported trailing-twelve-month revenue of $189,170,609,815,552 and trailing-twelve-month earnings per share of $15.68. The company posted a net profit margin of 85.6% and a return on equity of 92.7%. Its year-over-year revenue growth reached 256.8%. 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 represents a dividend yield of 0.08% based on recent share prices. The company's dividend payout ratio stands at 0.0%.

Analysts Set New Price Targets

Wall Street analysts have updated their outlooks on the stock ahead of the upcoming earnings release. On August 4, 2026, Wolfe Research initiated coverage on the stock with an Outperform rating and a $200.00 price target. On the same day, RBC Capital initiated coverage with an Outperform rating and a $200.00 target, while Cantor Fitzgerald initiated an Overweight rating with a $300.00 price target. Needham maintained its Buy rating on August 24, 2026, raising its price target from $200.00 to $220.00. Later, on September 10, 2026, JP Morgan initiated an Overweight rating with a price target of $245.00. Overall, the stock carries a consensus strong buy rating with a mean price target of $252.21 across 14 analyst opinions.

About SK hynix

Headquartered in Icheon-si, South Korea, SK hynix researches, develops, and manufactures semiconductor devices for customers around the world. The company produces a wide array of memory products including server, graphics, mobile, PC, and consumer DRAM, alongside NAND flash memory, solid-state drives, and foundry services. Institutional interest remains high as the company navigates demand cycles in the global chip market.

Bottom Line

Ninety One UK's new investment highlights institutional positioning in the memory chip sector. Investors will likely look toward the company's upcoming earnings report on October 27, 2026, for further updates on financial performance. SEC filings only reveal past portfolio adjustments, so continued tracking in future reports will show whether the fund holds or expands its stake. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.