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

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $59.25.

KLIC has been the subject of several recent analyst reports. Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Needham & Company LLC increased their price objective on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th.

Kulicke and Soffa Industries Stock Up 1.6%

KLIC opened at $117.27 on Wednesday. The firm has a market cap of $6.14 billion, a price-to-earnings ratio of 112.76 and a beta of 1.70. Kulicke and Soffa Industries has a fifty-two week low of $31.32 and a fifty-two week high of $124.75. The company’s 50-day moving average price is $94.83 and its 200 day moving average price is $71.52.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.67 by $0.12. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The firm had revenue of $242.62 million during the quarter, compared to analysts’ expectations of $228.75 million. During the same quarter in the prior year, the firm earned ($0.52) EPS. Kulicke and Soffa Industries’s quarterly revenue was up 49.8% on a year-over-year basis. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Research analysts anticipate that Kulicke and Soffa Industries will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be given a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio is 78.85%.

Insider Activity at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries 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 value of $1,705,800.00. Following the completion of the sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Peter T. M. Kong sold 1,551 shares of the 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 of the company’s stock, valued at approximately $11,000,990. The trade was a 1.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 38,051 shares of company stock worth $4,030,880 in the last quarter. 1.20% of the stock is owned by corporate insiders.

Institutional Trading of Kulicke and Soffa Industries

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Invesco Ltd. lifted its holdings in shares of Kulicke and Soffa Industries by 347.9% during the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after acquiring an additional 595,753 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Kulicke and Soffa Industries by 541.4% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock worth $27,038,000 after acquiring an additional 561,571 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Kulicke and Soffa Industries by 125.0% during the 1st quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock worth $60,917,000 after acquiring an additional 514,983 shares during the period. The Manufacturers Life Insurance Company lifted its holdings 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 worth $81,241,000 after acquiring an additional 409,116 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in shares of Kulicke and Soffa Industries by 549.8% during the 2nd quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock worth $11,117,000 after acquiring an additional 271,868 shares during the period. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Company 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.