Bank of New York Mellon Corp Buys 514,983 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Bank of New York Mellon Corp increased its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 125.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 926,915 shares of the semiconductor company’s stock after acquiring an additional 514,983 shares during the quarter. Bank of New York Mellon Corp’s holdings in Kulicke and Soffa Industries were worth $60,917,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. raised its holdings in Kulicke and Soffa Industries by 347.9% during the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after purchasing an additional 595,753 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in shares of Kulicke and Soffa Industries by 541.4% in the 3rd 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. The Manufacturers Life Insurance Company increased its position in shares of Kulicke and Soffa Industries by 21.1% during the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock worth $81,241,000 after buying an additional 409,116 shares during the period. AQR Capital Management LLC increased its position in shares of Kulicke and Soffa Industries by 549.8% during the second quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock worth $11,117,000 after buying an additional 271,868 shares during the period. Finally, Deprince Race & Zollo Inc. bought a new position in Kulicke and Soffa Industries during the fourth quarter worth $10,278,000. 98.22% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Kulicke and Soffa Industries news, CEO Lester A. Wong sold 60,000 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the transaction, the chief executive officer owned 50,743 shares in the company, valued at approximately $6,175,930.53. This represents a 54.18% decrease in their ownership of the stock. The transaction was disclosed in a filing 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 shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the transaction, the director owned 100,009 shares of the company’s stock, valued at $11,000,990. This represents a 1.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 98,051 shares of company stock worth $11,333,480 in the last quarter. Insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on KLIC shares. Zacks Research lowered shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Needham & Company LLC increased their price target 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. Finally, Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $59.25.

Kulicke and Soffa Industries Stock Performance

KLIC stock opened at $105.60 on Thursday. The stock’s 50 day simple moving average is $110.91 and its 200 day simple moving average is $84.23. The company has a market cap of $5.53 billion, a P/E ratio of 101.54 and a beta of 1.62. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.32 and a fifty-two week high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 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 analysts’ expectations of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The company’s revenue for the quarter was up 49.8% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Equities analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were given a $0.205 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.82 annualized dividend and a yield of 0.8%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 78.85%.

Kulicke and Soffa Industries 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.