Pallas Capital Advisors LLC Acquires New Stake in Kulicke and Soffa Industries, Inc. $KLIC

Pallas Capital Advisors LLC acquired a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 6,916 shares of the semiconductor company’s stock, valued at approximately $925,000.

Several other hedge funds have also added to or reduced their stakes in KLIC. Royal Bank of Canada increased its holdings in shares of Kulicke and Soffa Industries by 10.0% during the first quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock valued at $2,118,000 after acquiring an additional 5,836 shares in the last quarter. AQR Capital Management LLC boosted its stake in Kulicke and Soffa Industries by 168.8% in the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock worth $1,631,000 after purchasing an additional 31,048 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Kulicke and Soffa Industries by 2.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 877 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Kulicke and Soffa Industries by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock valued at $5,140,000 after purchasing an additional 11,522 shares during the last quarter. Finally, Jane Street Group LLC grew its position in Kulicke and Soffa Industries by 55.7% during the 1st quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock valued at $2,206,000 after purchasing an additional 23,923 shares during the last quarter. 98.22% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on KLIC. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. Finally, Needham & Company LLC raised their price target on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $69.67.

Insider Buying and Selling at Kulicke and Soffa Industries

In other 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 transaction of $1,705,800.00. Following the transaction, the senior vice president directly owned 71,369 shares of the company’s stock, 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 link. Also, Director Peter T. M. Kong sold 1,551 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total value of $170,610.00. Following the completion of the transaction, the director owned 100,009 shares in the company, valued at approximately $11,000,990. This trade represents a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 76,551 shares of company stock worth $9,179,010. Insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Stock Down 9.5%

Shares of NASDAQ KLIC opened at $92.06 on Wednesday. The firm’s 50-day moving average price is $107.15 and its 200-day moving average price is $89.24. The company has a market cap of $4.82 billion, a PE ratio of 42.42 and a beta of 1.67. Kulicke and Soffa Industries, Inc. has a 52-week low of $35.02 and a 52-week high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.14. The firm had revenue of $330.41 million during the quarter, compared to analysts’ expectations of $308.50 million. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The firm’s quarterly revenue was up 122.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.07 earnings per share. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. As a group, equities research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.205 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.9%. Kulicke and Soffa Industries’s payout ratio is currently 37.79%.

Kulicke and Soffa Industries 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.