NFJ Investment Group LLC Makes New Investment in Kulicke and Soffa Industries, Inc. $KLIC

NFJ Investment Group LLC purchased a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 26,242 shares of the semiconductor company’s stock, valued at approximately $3,510,000.

A number of other large investors also recently modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Kulicke and Soffa Industries during the second quarter valued at about $28,000. Kilter Group LLC acquired a new stake in Kulicke and Soffa Industries in the second quarter worth about $42,000. Summit Securities Group LLC bought a new position in Kulicke and Soffa Industries in the 1st quarter valued at about $26,000. Meeder Asset Management Inc. bought a new position in Kulicke and Soffa Industries in the 4th quarter valued at about $30,000. Finally, USA Financial Formulas acquired a new position in Kulicke and Soffa Industries during the 1st quarter valued at about $44,000. 98.22% of the stock is owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Price Performance

NASDAQ KLIC opened at $85.13 on Friday. The company’s 50 day simple moving average is $106.30 and its 200 day simple moving average is $89.63. Kulicke and Soffa Industries, Inc. has a 12 month low of $35.02 and a 12 month high of $135.80. The company has a market capitalization of $4.45 billion, a P/E ratio of 39.23 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.06 by $0.14. The firm had revenue of $330.41 million during the quarter, compared to analysts’ expectations of $308.50 million. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The firm’s revenue for the quarter was up 122.6% compared to the same quarter last year. During the same period last year, the firm posted $0.07 earnings per share. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, analysts anticipate that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is presently 37.79%.

Insider Buying and Selling

In other news, SVP Nelson Munpun Wong sold 15,000 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the sale, the senior vice president directly owned 71,369 shares of the company’s stock, valued at $8,116,082.68. The trade was a 17.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Peter T. M. Kong sold 1,551 shares of the business’s stock in a transaction 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 sale, the director directly owned 100,009 shares in the company, valued at $11,000,990. This trade represents a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 76,551 shares of company stock worth $9,179,010 in the last three months. 1.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

KLIC has been the topic of a number of recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. Finally, Needham & Company LLC raised their price objective on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Kulicke and Soffa Industries presently has an average rating of “Moderate Buy” and a consensus target price of $69.67.

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.