Kulicke and Soffa Industries (NASDAQ:KLIC) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Kulicke and Soffa Industries (NASDAQ:KLIC) from a hold rating to a strong-buy rating in a research report report published on Wednesday,Zacks.com reports.

A number of other equities research analysts have also recently commented on the stock. Wall Street Zen raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Needham & Company LLC increased their price target on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. B. Riley Financial reaffirmed a “neutral” rating and issued a $39.00 price objective (up previously from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Weiss Ratings lowered shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Finally, DA Davidson restated a “buy” rating and set a $55.00 target price on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $50.50.

Kulicke and Soffa Industries Trading Up 2.2%

KLIC traded up $1.51 during midday trading on Wednesday, hitting $70.97. 126,803 shares of the company were exchanged, compared to its average volume of 869,713. The company’s 50 day simple moving average is $56.69 and its 200 day simple moving average is $45.67. The firm has a market capitalization of $3.71 billion, a price-to-earnings ratio of -58.50 and a beta of 1.67. Kulicke and Soffa Industries has a 1-year low of $26.63 and a 1-year high of $77.50.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.11. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.The business had revenue of $199.63 million during the quarter, compared to analysts’ expectations of $190.03 million. During the same quarter in the previous year, the firm posted $0.37 EPS. The company’s revenue for the quarter was up 20.2% on a year-over-year basis. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, equities analysts anticipate that Kulicke and Soffa Industries will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 18th were paid a dividend of $0.205 per share. 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 1.2%. Kulicke and Soffa Industries’s payout ratio is currently -67.77%.

Insider Activity at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, SVP Nelson Munpun Wong sold 39,800 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $60.98, for a total transaction of $2,427,004.00. Following the completion of the transaction, the senior vice president owned 86,369 shares of the company’s stock, valued at $5,266,781.62. This represents a 31.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Zi Yao Lim sold 1,000 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $71.54, for a total value of $71,540.00. Following the completion of the sale, the general counsel directly owned 22,714 shares in the company, valued at $1,624,959.56. This represents a 4.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 103,245 shares of company stock worth $6,400,049 in the last quarter. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. True Wealth Design LLC grew its holdings in shares of Kulicke and Soffa Industries by 7,609.1% during the second quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock worth $29,000 after buying an additional 837 shares in the last quarter. Advisory Services Network LLC acquired a new position in Kulicke and Soffa Industries during the third quarter worth about $29,000. Meeder Asset Management Inc. purchased a new stake in Kulicke and Soffa Industries during the 4th quarter valued at about $30,000. Foster Dykema Cabot & Partners LLC acquired a new stake in Kulicke and Soffa Industries in the 3rd quarter valued at about $33,000. Finally, EverSource Wealth Advisors LLC lifted its stake in 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 worth $33,000 after purchasing an additional 933 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.