Canada Pension Plan Investment Board Takes Position in Kulicke and Soffa Industries, Inc. $KLIC

Canada Pension Plan Investment Board bought a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the 2nd quarter, HoldingsChannel reports. The fund bought 17,900 shares of the semiconductor company’s stock, valued at approximately $2,394,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Kingsview Wealth Management LLC purchased a new stake in Kulicke and Soffa Industries in the 4th quarter worth about $3,245,000. Louisiana State Employees Retirement System acquired a new stake in Kulicke and Soffa Industries during the 1st quarter worth about $1,525,000. Vanguard Group Inc. boosted its position in Kulicke and Soffa Industries by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after acquiring an additional 20,535 shares during the period. Nano Cap New Millennium Growth Fund L P purchased a new position in Kulicke and Soffa Industries during the 4th quarter valued at about $911,000. Finally, Hillsdale Investment Management Inc. purchased a new position in Kulicke and Soffa Industries during the 1st quarter valued at about $7,599,000. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Insider Activity

In related news, CEO Lester A. Wong sold 60,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $121.71, for a total value of $7,302,600.00. Following the transaction, the chief executive officer owned 50,743 shares in the company, valued at approximately $6,175,930.53. This represents a 54.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Nelson Munpun Wong sold 15,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the senior vice president directly owned 71,369 shares in the company, valued at approximately $8,116,082.68. The trade was a 17.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 76,551 shares of company stock worth $9,179,010 in the last three months. 1.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

KLIC has been the subject of a number of research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. Finally, Needham & Company LLC boosted their price objective 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 investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.67.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ:KLIC opened at $81.03 on Monday. Kulicke and Soffa Industries, Inc. has a 1 year low of $35.02 and a 1 year high of $135.80. The business has a fifty day simple moving average of $102.27 and a 200 day simple moving average of $90.50. The firm has a market cap of $4.24 billion, a price-to-earnings ratio of 37.34 and a beta of 1.67.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.14. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.The firm had revenue of $330.41 million during the quarter, compared to analysts’ expectations of $308.50 million. During the same quarter last year, the firm earned $0.07 earnings per share. The business’s revenue for the quarter was up 122.6% on a year-over-year basis. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, sell-side analysts forecast that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Thursday, September 17th will be paid a dividend of $0.205 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.0%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 37.79%.

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.