William Blair Investment Management LLC Takes Position in Kulicke and Soffa Industries, Inc. $KLIC

William Blair Investment Management LLC bought a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 192,709 shares of the semiconductor company’s stock, valued at approximately $25,777,000.

A number of other hedge funds have also made changes to their positions in the company. Summit Securities Group LLC acquired a new position in Kulicke and Soffa Industries in the first quarter valued at about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Kulicke and Soffa Industries during the second quarter worth approximately $28,000. Advisory Services Network LLC acquired a new stake in shares of Kulicke and Soffa Industries during the third quarter worth approximately $29,000. Meeder Asset Management Inc. bought a new position in shares of Kulicke and Soffa Industries in the fourth quarter valued at approximately $30,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Kulicke and Soffa Industries by 2,665.7% in the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 933 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Kulicke and Soffa Industries Stock Performance

NASDAQ:KLIC opened at $85.75 on Friday. The company has a market cap of $4.49 billion, a price-to-earnings ratio of 39.52 and a beta of 1.67. The stock’s fifty day moving average price is $105.75 and its two-hundred day moving average price is $89.60. 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 earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.06 by $0.14. The company had revenue of $330.41 million during the quarter, compared to analysts’ expectations of $308.50 million. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.The business’s revenue for the quarter was up 122.6% on a year-over-year basis. During the same period last year, the firm earned $0.07 EPS. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were given a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 37.79%.

Insiders Place Their Bets

In other Kulicke and Soffa Industries news, CEO Lester A. Wong sold 60,000 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the transaction, the chief executive officer directly owned 50,743 shares in the company, valued at approximately $6,175,930.53. This represents a 54.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Nelson Munpun Wong sold 15,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the transaction, the senior vice president directly owned 71,369 shares in the company, valued at $8,116,082.68. This trade represents a 17.37% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 76,551 shares of company stock valued at $9,179,010. 1.20% of the stock is currently owned by insiders.

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.