Hsbc Holdings PLC Invests $535,000 in Kulicke and Soffa Industries, Inc. $KLIC

Hsbc Holdings PLC bought a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,724 shares of the semiconductor company’s stock, valued at approximately $535,000.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Kulicke and Soffa Industries by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock valued at $160,053,000 after buying an additional 20,535 shares during the period. Kingsview Wealth Management LLC acquired a new position in shares of Kulicke and Soffa Industries in the fourth quarter worth about $3,245,000. Fort Washington Investment Advisors Inc. OH raised its position in shares of Kulicke and Soffa Industries by 40.7% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 607,136 shares of the semiconductor company’s stock worth $27,661,000 after acquiring an additional 175,744 shares during the period. Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of Kulicke and Soffa Industries during the 4th quarter worth about $911,000. Finally, Total Wealth Planning & Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries during the 4th quarter worth about $970,000. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Zacks Research downgraded Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Finally, Needham & Company LLC raised their price objective on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Kulicke and Soffa Industries presently has a consensus rating of “Hold” and an average price target of $59.25.

Kulicke and Soffa Industries Stock Down 7.8%

KLIC stock opened at $99.02 on Friday. Kulicke and Soffa Industries, Inc. has a 52 week low of $31.32 and a 52 week high of $135.80. The firm has a 50-day simple moving average of $110.86 and a 200-day simple moving average of $82.62. The stock has a market capitalization of $5.18 billion, a P/E ratio of 95.21 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $228.75 million. During the same period last year, the company posted ($0.52) EPS. Kulicke and Soffa Industries’s quarterly revenue was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, analysts expect that Kulicke and Soffa Industries, Inc. 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 was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were given a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is presently 78.85%.

Insider Activity

In related news, SVP Nelson Munpun Wong sold 15,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $113.72, for a total value of $1,705,800.00. Following the completion of the transaction, the senior vice president directly owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. This represents a 17.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lester A. Wong sold 60,000 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $121.71, for a total value of $7,302,600.00. Following the completion of the transaction, the chief executive officer directly owned 50,743 shares of the company’s stock, valued at approximately $6,175,930.53. This represents a 54.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 98,051 shares of company stock valued at $11,333,480 in the last three months. Company insiders own 1.20% 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.