Copeland Capital Management LLC Sells 326,345 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Copeland Capital Management LLC decreased its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 22.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,151,020 shares of the semiconductor company’s stock after selling 326,345 shares during the quarter. Kulicke and Soffa Industries accounts for 1.7% of Copeland Capital Management LLC’s portfolio, making the stock its 11th largest position. Copeland Capital Management LLC’s holdings in Kulicke and Soffa Industries were worth $75,645,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Summit Securities Group LLC bought a new position in Kulicke and Soffa Industries in the 1st quarter valued at approximately $26,000. Advisory Services Network LLC bought a new stake in shares of Kulicke and Soffa Industries in the 3rd quarter worth $29,000. Meeder Asset Management Inc. purchased a new position in shares of Kulicke and Soffa Industries in the fourth quarter worth $30,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Kulicke and Soffa Industries by 2,665.7% during the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 933 shares in the last quarter. Finally, Salomon & Ludwin LLC lifted its holdings in shares of Kulicke and Soffa Industries by 48.4% during the fourth quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 254 shares in the last quarter. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Stock Down 1.8%

KLIC stock opened at $97.22 on Friday. The business’s 50-day moving average price is $110.75 and its 200-day moving average price is $82.73. The stock has a market cap of $5.09 billion, a P/E ratio of 93.48 and a beta of 1.62. Kulicke and Soffa Industries, Inc. has a twelve month low of $31.32 and a twelve month high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. The company had revenue of $242.62 million for the quarter, compared to analysts’ expectations of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The firm’s revenue was up 49.8% compared to the same quarter last year. During the same quarter last year, the business earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, equities research analysts expect 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 announced a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were paid a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 78.85%.

Analysts Set New Price Targets

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

Insider Activity at Kulicke and Soffa Industries

In related news, Director Peter T. M. Kong sold 1,551 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total value of $170,610.00. Following the transaction, the director directly owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. The trade was a 1.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Zi Yao Lim sold 1,500 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $102.98, for a total transaction of $154,470.00. Following the sale, the general counsel directly owned 21,214 shares of the company’s stock, valued at approximately $2,184,617.72. This trade represents a 6.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 98,051 shares of company stock worth $11,333,480 in the last three months. Corporate insiders own 1.20% of the company’s stock.

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.