Louisiana State Employees Retirement System Makes New $1.52 Million Investment in Kulicke and Soffa Industries, Inc. $KLIC

Louisiana State Employees Retirement System purchased a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the first quarter, Holdings Channel.com reports. The fund purchased 23,200 shares of the semiconductor company’s stock, valued at approximately $1,525,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in Kulicke and Soffa Industries in the 3rd quarter valued at about $29,000. Meeder Asset Management Inc. purchased a new position in shares of Kulicke and Soffa Industries in the fourth quarter worth about $30,000. Foster Dykema Cabot & Partners LLC purchased a new position in Kulicke and Soffa Industries in the 3rd quarter valued at approximately $33,000. EverSource Wealth Advisors LLC grew its stake in Kulicke and Soffa Industries by 2,665.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 933 shares in the last quarter. Finally, Salomon & Ludwin LLC raised its holdings in Kulicke and Soffa Industries by 48.4% during the 4th quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock valued at $35,000 after acquiring an additional 254 shares during the period. Institutional investors own 98.22% of the company’s stock.

Analyst Ratings Changes

KLIC has been the subject of a number of analyst reports. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Needham & Company LLC upped their price target 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. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $59.25.

Insider Buying and Selling

In other Kulicke and Soffa Industries 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 transaction of $154,470.00. Following the sale, the general counsel owned 21,214 shares in the company, 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 document filed with the SEC, which is available at 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 sale, the director directly owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. This trade represents a 1.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 98,051 shares of company stock valued at $11,333,480 in the last three months. 1.20% of the stock is owned by corporate insiders.

Kulicke and Soffa Industries Price Performance

KLIC opened at $133.81 on Thursday. The firm has a market capitalization of $7.00 billion, a P/E ratio of 128.66 and a beta of 1.62. Kulicke and Soffa Industries, Inc. has a one year low of $31.32 and a one year high of $135.80. The company has a fifty day moving average price of $105.73 and a 200-day moving average price of $77.64.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $228.75 million. During the same quarter 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. On average, analysts expect that Kulicke and Soffa Industries, Inc. 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 will be paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is currently 78.85%.

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.