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

Legato Capital Management LLC raised its position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 36.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 owned 0.07% of Kulicke and Soffa Industries worth $1,589,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in Kulicke and Soffa Industries by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock valued at $344,000 after buying an additional 172 shares in the last quarter. Pallas Capital Advisors LLC grew its holdings in Kulicke and Soffa Industries by 2.6% in the 4th quarter. Pallas Capital Advisors LLC now owns 7,368 shares of the semiconductor company’s stock valued at $336,000 after buying an additional 190 shares in the last quarter. ProShare Advisors LLC grew its holdings in Kulicke and Soffa Industries by 2.0% in the 4th quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock valued at $452,000 after buying an additional 198 shares in the last quarter. HighTower Advisors LLC grew its holdings in Kulicke and Soffa Industries by 3.0% in the 4th quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock valued at $316,000 after buying an additional 205 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in Kulicke and Soffa Industries by 1.9% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 11,972 shares of the semiconductor company’s stock valued at $545,000 after buying an additional 227 shares in the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Kulicke and Soffa Industries Stock Performance

KLIC opened at $104.40 on Friday. The firm has a market cap of $5.46 billion, a P/E ratio of 100.38 and a beta of 1.66. Kulicke and Soffa Industries, Inc. has a 52-week low of $31.21 and a 52-week high of $107.01. The business’s fifty day moving average is $80.72 and its 200-day moving average is $63.24.

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

Kulicke and Soffa Industries Announces Dividend

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

Insider Activity at Kulicke and Soffa Industries

In related news, General Counsel Zi Yao Lim sold 1,500 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $102.98, for a total value of $154,470.00. Following the sale, the general counsel directly owned 21,214 shares of the company’s stock, valued at $2,184,617.72. This trade represents a 6.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director David Jeffrey Richardson sold 9,364 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $72.19, for a total value of $675,987.16. Following the completion of the sale, the director directly owned 17,694 shares in the company, valued at $1,277,329.86. This trade represents a 34.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 30,864 shares of company stock valued at $2,830,457 over the last ninety days. 1.20% of the stock is owned by corporate insiders.

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.