Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) have been assigned a consensus rating of “Moderate Buy” from the five research firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $69.6667.

Several equities research analysts recently weighed in on the stock. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research note on Friday, August 7th. Finally, Needham & Company LLC upped their price target on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, August 6th.

Insider Activity

In related news, SVP Nelson Munpun Wong sold 15,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the transaction, the senior vice president owned 71,369 shares in the company, valued at $8,116,082.68. This represents 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 the SEC website. Also, Director Peter T. M. Kong sold 1,551 shares of the firm’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 transaction of $170,610.00. Following the completion of the sale, the director owned 100,009 shares in the company, valued at $11,000,990. This represents a 1.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 76,551 shares of company stock valued at $9,179,010 in the last 90 days. 1.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Hedge funds and other institutional investors have recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Kulicke and Soffa Industries by 12.6% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 877 shares of the semiconductor company’s stock valued at $117,000 after buying an additional 98 shares in the last quarter. CIBC Asset Management Inc lifted its position in shares of Kulicke and Soffa Industries by 3.4% in the fourth quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock valued at $238,000 after acquiring an additional 171 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Kulicke and Soffa Industries by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock worth $344,000 after acquiring an additional 172 shares during the period. ProShare Advisors LLC grew its position in shares of Kulicke and Soffa Industries by 2.0% during the fourth quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock worth $452,000 after purchasing an additional 198 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in Kulicke and Soffa Industries by 3.0% during the 4th quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock valued at $316,000 after purchasing an additional 205 shares during the period. 98.22% of the stock is owned by institutional investors.

Kulicke and Soffa Industries Stock Performance

NASDAQ KLIC opened at $81.03 on Monday. Kulicke and Soffa Industries has a 12 month low of $35.02 and a 12 month high of $135.80. The stock’s fifty day moving average price is $102.27 and its 200-day moving average price is $90.50. The stock has a market cap of $4.24 billion, a P/E ratio of 37.34 and a beta of 1.67.

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

Kulicke and Soffa Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Thursday, September 17th will be paid a dividend of $0.205 per share. The ex-dividend date is Thursday, September 17th. This represents a $0.82 annualized dividend and a yield of 1.0%. Kulicke and Soffa Industries’s dividend payout ratio is currently 37.79%.

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.