Jain Global LLC purchased a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 155,013 shares of the semiconductor company’s stock, valued at approximately $6,300,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH acquired a new position in shares of Kulicke and Soffa Industries in the third quarter worth about $17,532,000. The Manufacturers Life Insurance Company grew its position in shares of Kulicke and Soffa Industries by 21.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after acquiring an additional 409,116 shares during the period. American Century Companies Inc. grew its position in shares of Kulicke and Soffa Industries by 20.4% during the 2nd quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock valued at $80,043,000 after acquiring an additional 392,691 shares during the period. AQR Capital Management LLC increased its stake in shares of Kulicke and Soffa Industries by 549.8% in the 2nd quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock valued at $11,117,000 after purchasing an additional 271,868 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of Kulicke and Soffa Industries by 54.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 350,995 shares of the semiconductor company’s stock valued at $14,265,000 after purchasing an additional 124,425 shares in the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. DA Davidson reiterated a “buy” rating and set a $55.00 price target on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Weiss Ratings downgraded Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Needham & Company LLC increased their target price on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, B. Riley Financial reissued a “neutral” rating and issued a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $50.50.
Insider Buying and Selling
In other Kulicke and Soffa Industries news, General Counsel Zi Yao Lim sold 1,000 shares of Kulicke and Soffa Industries stock in a transaction on Monday, February 9th. The shares were sold at an average price of $71.54, for a total transaction of $71,540.00. Following the sale, the general counsel owned 22,714 shares of the company’s stock, valued at $1,624,959.56. The trade was a 4.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Robert Nestor Chylak sold 7,098 shares of the stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $73.28, for a total transaction of $520,141.44. Following the completion of the sale, the senior vice president owned 22,987 shares of the company’s stock, valued at $1,684,487.36. This trade represents a 23.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 106,605 shares of company stock worth $6,780,486 in the last ninety days. Company insiders own 1.20% of the company’s stock.
Kulicke and Soffa Industries Trading Up 2.7%
Shares of Kulicke and Soffa Industries stock opened at $66.14 on Tuesday. Kulicke and Soffa Industries, Inc. has a twelve month low of $26.63 and a twelve month high of $77.50. The firm has a market capitalization of $3.46 billion, a PE ratio of -54.66 and a beta of 1.57. The firm’s 50-day moving average price is $63.66 and its 200 day moving average price is $49.55.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.33 by $0.11. The company had revenue of $199.63 million during the quarter, compared to analyst estimates of $190.03 million. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.Kulicke and Soffa Industries’s quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, sell-side analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current fiscal year.
Kulicke and Soffa Industries Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Thursday, March 19th will be paid a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, March 19th. Kulicke and Soffa Industries’s dividend payout ratio is currently -67.77%.
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.
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