First Trust Advisors LP Raises Stock Holdings in SK Telecom Co., Ltd. $SKM

Posted by Stanley Muller on Aug 5th, 2026

First Trust Advisors LP boosted its holdings in shares of SK Telecom Co., Ltd. (NYSE:SKM – Free Report) by 243.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 155,294 shares of the Wireless communications provider’s stock after purchasing an additional 110,096 shares during the period. First Trust Advisors LP’s holdings in SK Telecom were worth $4,549,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Royal Bank of Canada increased its position in SK Telecom by 8.2% in the 1st quarter. Royal Bank of Canada now owns 43,999 shares of the Wireless communications provider’s stock valued at $936,000 after acquiring an additional 3,316 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in SK Telecom during the 1st quarter worth approximately $85,000. Millennium Management LLC lifted its position in SK Telecom by 160.7% during the 1st quarter. Millennium Management LLC now owns 226,848 shares of the Wireless communications provider’s stock worth $4,823,000 after acquiring an additional 139,829 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of SK Telecom by 46.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 260,140 shares of the Wireless communications provider’s stock valued at $5,531,000 after purchasing an additional 83,030 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of SK Telecom by 10.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,732 shares of the Wireless communications provider’s stock valued at $134,000 after purchasing an additional 560 shares during the last quarter.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Zacks Research raised SK Telecom from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. Wall Street Zen upgraded shares of SK Telecom from a “hold” rating to a “buy” rating in a research report on Saturday, July 4th. Weiss Ratings cut shares of SK Telecom from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. HSBC upgraded shares of SK Telecom from a “reduce” rating to a “hold” rating in a research note on Thursday, May 7th. Finally, JPMorgan Chase & Co. upgraded shares of SK Telecom from a “neutral” rating to an “overweight” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, SK Telecom currently has an average rating of “Reduce”.

View Our Latest Analysis on SK Telecom

SK Telecom Price Performance

Shares of NYSE SKM opened at $34.84 on Wednesday. The stock has a market cap of $13.37 billion, a price-to-earnings ratio of 58.06, a PEG ratio of 0.20 and a beta of 0.64. SK Telecom Co., Ltd. has a 52 week low of $19.66 and a 52 week high of $47.18. The company’s 50-day moving average price is $34.85 and its 200 day moving average price is $32.97. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.57.

SK Telecom (NYSE:SKM – Get Free Report) last announced its earnings results on Friday, May 8th. The Wireless communications provider reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.10. The firm had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.98 billion. SK Telecom had a return on equity of 2.78% and a net margin of 2.03%. As a group, research analysts forecast that SK Telecom Co., Ltd. will post 2.76 earnings per share for the current fiscal year.

SK Telecom Company Profile

(Free Report)

SK Telecom Co, Ltd. (NYSE:SKM) is South Korea’s largest wireless carrier, offering a comprehensive range of mobile telecommunications services. The company operates 5G, 4G LTE and IoT networks, providing voice, data and messaging solutions to consumers and businesses. Beyond traditional wireless services, SK Telecom delivers fixed-line broadband, digital content platforms, cloud computing and cybersecurity offerings designed to support enterprise digital transformation and the growing demand for high-speed connectivity.

Established in 1984 as Korea Mobile Telecommunications Services, SK Telecom pioneered cellular service commercialization in South Korea and has continually expanded into new technology areas.