Kulicke and Soffa Industries (NASDAQ:KLIC) Lowered to “Hold” Rating by Zacks Research

Zacks Research cut shares of Kulicke and Soffa Industries (NASDAQ:KLIC) from a strong-buy rating to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

Other analysts also recently issued research reports about the stock. Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Needham & Company LLC raised their price objective 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. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $59.25.

Kulicke and Soffa Industries Trading Down 1.5%

Shares of KLIC opened at $104.23 on Tuesday. The firm has a market capitalization of $5.45 billion, a P/E ratio of 100.22 and a beta of 1.62. The stock’s fifty day simple moving average is $108.62 and its 200 day simple moving average is $80.02. Kulicke and Soffa Industries has a twelve month low of $31.32 and a twelve month high of $135.80.

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

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio is 78.85%.

Insider Buying and Selling

In other news, Director Mui Sung Yeo sold 20,000 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the transaction, the director owned 59,197 shares of the company’s stock, valued at approximately $5,919,700. This trade represents a 25.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Peter T. M. Kong sold 1,551 shares of Kulicke and Soffa Industries stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $110.00, for a total value of $170,610.00. Following the completion of the transaction, the director owned 100,009 shares of the company’s stock, valued at $11,000,990. This trade represents a 1.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 98,051 shares of company stock worth $11,333,480. 1.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Kulicke and Soffa Industries by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after buying an additional 20,535 shares during the period. The Manufacturers Life Insurance Company increased its stake in Kulicke and Soffa Industries by 21.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after buying an additional 409,116 shares during the period. Morgan Stanley increased its stake in Kulicke and Soffa Industries by 6.7% during the 4th quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company’s stock valued at $56,054,000 after buying an additional 77,527 shares during the period. Bank of New York Mellon Corp raised its position in shares of Kulicke and Soffa Industries by 125.0% during the 1st quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock worth $60,917,000 after buying an additional 514,983 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its position in shares of Kulicke and Soffa Industries by 22.3% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 813,669 shares of the semiconductor company’s stock worth $37,071,000 after buying an additional 148,374 shares in the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Company Profile

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.