Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) have been given an average recommendation of “Moderate Buy” by the six ratings firms that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $59.25.
A number of equities research analysts recently commented on KLIC shares. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Needham & Company LLC lifted their target price on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Finally, Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th.
View Our Latest Report on KLIC
Kulicke and Soffa Industries Stock Performance
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, beating 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 analysts’ expectations of $228.75 million. During the same period last year, the business posted ($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, sell-side analysts predict that Kulicke and Soffa Industries will post 2.85 EPS for the current fiscal year.
Kulicke and Soffa Industries Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be issued a dividend of $0.205 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.8%. Kulicke and Soffa Industries’s payout ratio is 78.85%.
Insider Transactions at Kulicke and Soffa Industries
In related news, General Counsel Zi Yao Lim sold 1,500 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total transaction of $154,470.00. Following the completion of the transaction, the general counsel directly owned 21,214 shares in the company, valued at approximately $2,184,617.72. This trade represents a 6.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mui Sung Yeo sold 20,000 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total value 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 represents a 25.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of KLIC. Invesco Ltd. raised its position in Kulicke and Soffa Industries by 347.9% during the fourth quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock valued at $34,945,000 after acquiring an additional 595,753 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its position in shares of 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 buying an additional 561,571 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Kulicke and Soffa Industries by 125.0% in the first quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock valued at $60,917,000 after buying an additional 514,983 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of 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 buying an additional 409,116 shares in the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Kulicke and Soffa Industries by 549.8% in the second quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock valued at $11,117,000 after buying an additional 271,868 shares in the last quarter. 98.22% of the stock is currently owned by hedge funds and other institutional investors.
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.
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