Analysts Set Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) PT at $59.25

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has been given a consensus recommendation of “Hold” by the five analysts that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $69.6667.

Several research firms have recently weighed in on KLIC. Weiss Ratings reiterated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th. Needham & Company LLC increased their price target on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Finally, Zacks Research lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th.

Insiders Place Their Bets

In other news, Director Mui Sung Yeo sold 20,000 shares of Kulicke and Soffa Industries stock in a transaction 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 completion of the sale, the director owned 59,197 shares in the company, valued at $5,919,700. The trade was a 25.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lester A. Wong sold 60,000 shares of the business’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 $6,175,930.53. The trade was a 54.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 96,551 shares of company stock valued at $11,179,010 in the last ninety days. 1.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in Kulicke and Soffa Industries in the 2nd quarter valued at about $1,204,835,000. Bank of New York Mellon Corp bought a new position in Kulicke and Soffa Industries in the second quarter worth approximately $98,778,000. Invesco Ltd. boosted its holdings in Kulicke and Soffa Industries by 347.9% in the fourth quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after acquiring an additional 595,753 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake 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 acquiring an additional 561,571 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake 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 acquiring an additional 409,116 shares during the period. Institutional investors and hedge funds own 98.22% of the company’s stock.

Kulicke and Soffa Industries Price Performance

Kulicke and Soffa Industries stock opened at $95.15 on Thursday. The stock’s 50 day moving average is $107.59 and its 200 day moving average is $88.13. The firm has a market cap of $4.98 billion, a P/E ratio of 43.85 and a beta of 1.67. Kulicke and Soffa Industries has a one year low of $35.02 and a one year high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.14. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The business had revenue of $330.41 million during the quarter, compared to the consensus estimate of $308.50 million. During the same quarter in the prior year, the firm posted $0.07 EPS. The company’s revenue for the quarter was up 122.6% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Equities analysts anticipate that Kulicke and Soffa Industries will post 3.14 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is presently 37.79%.

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.