Kulicke and Soffa Industries (NASDAQ:KLIC) Reaches New 12-Month High – Still a Buy?

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) reached a new 52-week high during trading on Tuesday . The stock traded as high as $108.50 and last traded at $105.35, with a volume of 78654 shares changing hands. The stock had previously closed at $104.40.

Wall Street Analysts Forecast Growth

KLIC has been the subject of several research reports. Needham & Company LLC upped their price target on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Weiss Ratings upgraded 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, Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $59.25.

Kulicke and Soffa Industries Stock Performance

The company has a market cap of $5.53 billion, a PE ratio of 101.55 and a beta of 1.66. The stock’s 50-day simple moving average is $83.21 and its 200 day simple moving average is $64.82.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. Kulicke and Soffa Industries’s quarterly revenue was up 49.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, sell-side analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 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, July 8th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.205 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. Kulicke and Soffa Industries’s dividend payout ratio is presently 78.85%.

Insiders Place Their Bets

In other Kulicke and Soffa Industries news, General Counsel Zi Yao Lim sold 1,500 shares of the company’s stock in a transaction 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 completion of the transaction, the general counsel owned 21,214 shares in the company, valued at approximately $2,184,617.72. This represents a 6.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mui Sung Yeo sold 20,000 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the completion of the transaction, the director owned 59,197 shares of the company’s stock, valued at $5,919,700. This represents a 25.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Kulicke and Soffa Industries

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Kulicke and Soffa Industries by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock valued at $160,053,000 after purchasing an additional 20,535 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Kulicke and Soffa Industries by 21.1% in 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 purchasing an additional 409,116 shares in the last quarter. Morgan Stanley increased its holdings in shares of Kulicke and Soffa Industries by 6.7% in the 4th quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company’s stock valued at $56,054,000 after purchasing an additional 77,527 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Kulicke and Soffa Industries by 125.0% in the 1st quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock valued at $60,917,000 after purchasing an additional 514,983 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its holdings in shares of Kulicke and Soffa Industries by 22.3% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 813,669 shares of the semiconductor company’s stock valued at $37,071,000 after purchasing an additional 148,374 shares in the last quarter. Hedge funds and other institutional investors 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.