Kulicke and Soffa Industries (NASDAQ:KLIC) Price Target Raised to $57.00

Kulicke and Soffa Industries (NASDAQ:KLIC) had its price objective upped by Needham & Company LLC from $46.00 to $57.00 in a research report released on Tuesday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.

A number of other analysts also recently issued reports on the stock. DA Davidson reissued a “buy” rating and set a $55.00 price target on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 24th. B. Riley restated a “neutral” rating and set a $39.00 target price (up from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a report on Monday, December 29th. Finally, Wall Street Zen upgraded Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $47.25.

Kulicke and Soffa Industries Stock Down 0.1%

Shares of KLIC opened at $53.95 on Tuesday. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of -2,696.15 and a beta of 1.63. Kulicke and Soffa Industries has a 52 week low of $26.63 and a 52 week high of $55.96. The stock’s 50-day moving average price is $44.38 and its 200-day moving average price is $39.97.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings results on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. The company had revenue of $177.56 million during the quarter, compared to the consensus estimate of $169.84 million. Kulicke and Soffa Industries had a negative return on equity of 1.64% and a net margin of 0.03%.Kulicke and Soffa Industries’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.34 earnings per share. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. As a group, equities analysts anticipate that Kulicke and Soffa Industries will post 0.93 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 18th were paid a $0.205 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.5%. Kulicke and Soffa Industries’s payout ratio is currently -4,100.00%.

Insider Buying and Selling at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, SVP Nelson Munpun Wong sold 5,004 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $50.07, for a total value of $250,550.28. Following the transaction, the senior vice president owned 156,369 shares in the company, valued at approximately $7,829,395.83. This trade represents a 3.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, General Counsel Zi Yao Lim sold 1,000 shares of Kulicke and Soffa Industries stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $45.00, for a total transaction of $45,000.00. Following the sale, the general counsel directly owned 23,714 shares in the company, valued at approximately $1,067,130. This trade represents a 4.05% decrease in their position. The SEC filing for this sale provides additional information. 3.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Hedge funds have recently bought and sold shares of the stock. True Wealth Design LLC increased its holdings in shares of Kulicke and Soffa Industries by 7,609.1% in the 2nd quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 837 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of Kulicke and Soffa Industries during the 3rd quarter worth approximately $29,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Kulicke and Soffa Industries by 789.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 925 shares of the semiconductor company’s stock valued at $32,000 after buying an additional 821 shares in the last quarter. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Kulicke and Soffa Industries in the 3rd quarter valued at $33,000. Finally, EverSource Wealth Advisors LLC grew its position in shares of 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 during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

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.