Kulicke and Soffa Industries (NASDAQ:KLIC) Sets New 52-Week High – Here’s What Happened

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $57.93 and last traded at $57.23, with a volume of 167414 shares traded. The stock had previously closed at $55.35.

Analyst Ratings Changes

Several analysts have issued reports on the stock. B. Riley restated a “neutral” rating and set a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, November 24th. Needham & Company LLC raised their price target on Kulicke and Soffa Industries from $46.00 to $57.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research note on Monday, December 29th. Finally, DA Davidson reissued a “buy” rating and set a $55.00 price objective on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. One research 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, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $47.25.

Get Our Latest Research Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries Stock Performance

The business has a 50-day simple moving average of $45.35 and a 200 day simple moving average of $40.49. The firm has a market cap of $2.90 billion, a P/E ratio of -2,769.12 and a beta of 1.63.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its earnings results on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.06. Kulicke and Soffa Industries had a negative return on equity of 1.64% and a net margin of 0.03%.The firm had revenue of $177.56 million for the quarter, compared to analysts’ expectations of $169.84 million. During the same period in the previous year, the firm earned $0.34 earnings per share. The business’s revenue was down 2.1% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. On average, research analysts expect that Kulicke and Soffa Industries, Inc. 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 1.5%. Kulicke and Soffa Industries’s payout ratio is presently -4,100.00%.

Insider Activity

In other Kulicke and Soffa Industries news, General Counsel Zi Yao Lim sold 1,000 shares of the company’s stock in a transaction that occurred 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 transaction, the general counsel owned 23,714 shares in the company, valued at approximately $1,067,130. This represents a 4.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Nelson Munpun Wong sold 5,004 shares of the stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly owned 156,369 shares of the company’s stock, valued at $7,829,395.83. This represents a 3.10% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Creative Planning boosted its stake in Kulicke and Soffa Industries by 63.3% in the 2nd quarter. Creative Planning now owns 56,706 shares of the semiconductor company’s stock worth $1,962,000 after purchasing an additional 21,983 shares in the last quarter. Copeland Capital Management LLC lifted its stake in shares of Kulicke and Soffa Industries by 14.5% in the second quarter. Copeland Capital Management LLC now owns 1,645,508 shares of the semiconductor company’s stock worth $56,935,000 after buying an additional 207,899 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Kulicke and Soffa Industries by 134.8% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 18,858 shares of the semiconductor company’s stock valued at $693,000 after buying an additional 10,826 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Kulicke and Soffa Industries by 20.4% during the second quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock valued at $80,043,000 after buying an additional 392,691 shares during the last quarter. Finally, Harbor Capital Advisors Inc. increased its position in shares of Kulicke and Soffa Industries by 21.0% during the second quarter. Harbor Capital Advisors Inc. now owns 45,945 shares of the semiconductor company’s stock valued at $1,590,000 after acquiring an additional 7,974 shares in the last quarter. 98.22% of the stock is owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Company Profile

(Get Free Report)

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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