Legato Capital Management LLC Has $1.59 Million Holdings in Kulicke and Soffa Industries, Inc. $KLIC

Legato Capital Management LLC boosted its holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 36.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,883 shares of the semiconductor company’s stock after buying an additional 9,328 shares during the quarter. Legato Capital Management LLC’s holdings in Kulicke and Soffa Industries were worth $1,589,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Kulicke and Soffa Industries by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock valued at $160,053,000 after buying an additional 20,535 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Kulicke and Soffa Industries by 21.1% in the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after purchasing an additional 409,116 shares during the last quarter. Invesco Ltd. raised its position in Kulicke and Soffa Industries by 5.5% in the second quarter. Invesco Ltd. now owns 718,632 shares of the semiconductor company’s stock valued at $24,865,000 after purchasing an additional 37,225 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in Kulicke and Soffa Industries by 541.4% in the third quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock valued at $27,038,000 after purchasing an additional 561,571 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH raised its position in Kulicke and Soffa Industries by 40.7% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 607,136 shares of the semiconductor company’s stock valued at $27,661,000 after purchasing an additional 175,744 shares during the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Kulicke and Soffa Industries

In other news, Director Mui Sung Yeo sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the completion of the transaction, the director directly owned 59,197 shares in the company, valued at $5,919,700. This trade represents a 25.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David Jeffrey Richardson sold 9,364 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total value of $675,987.16. Following the transaction, the director owned 17,694 shares of the company’s stock, valued at $1,277,329.86. This trade represents a 34.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 30,864 shares of company stock worth $2,830,457 over the last ninety days. 1.20% of the stock is owned by insiders.

Kulicke and Soffa Industries Trading Up 3.3%

Kulicke and Soffa Industries stock opened at $104.40 on Friday. The company has a market capitalization of $5.46 billion, a PE ratio of 100.38 and a beta of 1.66. Kulicke and Soffa Industries, Inc. has a 12 month low of $31.21 and a 12 month high of $107.01. The stock has a 50-day moving average price of $80.72 and a two-hundred day moving average price of $63.24.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The company had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. During the same period last year, the company earned ($0.52) earnings per share. The firm’s revenue was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Thursday, March 19th were given a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, March 19th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 78.85%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, Needham & Company LLC increased their target price on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $59.25.

About Kulicke and Soffa Industries

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.