Kulicke and Soffa Industries (NASDAQ:KLIC) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen lowered shares of Kulicke and Soffa Industries (NASDAQ:KLICFree Report) from a buy rating to a hold rating in a research report released on Saturday.

Several other equities research analysts have also commented on the company. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 24th. DA Davidson reaffirmed a “buy” rating and set a $55.00 price objective on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. B. Riley reiterated a “neutral” rating and set a $39.00 target price (up from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Weiss Ratings reissued a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a report on Monday, December 29th. Finally, Needham & Company LLC lifted their price target on Kulicke and Soffa Industries from $46.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.25.

View Our Latest Analysis on Kulicke and Soffa Industries

Kulicke and Soffa Industries Trading Down 2.7%

Shares of KLIC stock opened at $57.55 on Friday. The stock has a 50 day simple moving average of $46.49 and a 200-day simple moving average of $40.93. The company has a market cap of $3.01 billion, a price-to-earnings ratio of -2,876.06 and a beta of 1.63. Kulicke and Soffa Industries has a 12-month low of $26.63 and a 12-month high of $59.79.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last announced its quarterly earnings data on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.06. The firm had revenue of $177.56 million for the quarter, compared to analyst estimates of $169.84 million. Kulicke and Soffa Industries had a negative return on equity of 1.64% and a net margin of 0.03%.Kulicke and Soffa Industries’s quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.34 earnings per share. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. On average, equities analysts forecast that Kulicke and Soffa Industries will post 0.93 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 18th were given a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Thursday, December 18th. Kulicke and Soffa Industries’s dividend payout ratio is currently -4,100.00%.

Insiders Place Their Bets

In other Kulicke and Soffa Industries news, SVP Nelson Munpun Wong sold 30,000 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $56.53, for a total value of $1,695,900.00. Following the transaction, the senior vice president directly owned 126,369 shares in the company, valued at approximately $7,143,639.57. This represents a 19.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Zi Yao Lim sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $45.00, for a total transaction of $45,000.00. Following the sale, the general counsel directly owned 23,714 shares in the company, valued at $1,067,130. This represents a 4.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 36,004 shares of company stock worth $1,991,450. Corporate insiders own 3.40% of the company’s stock.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada raised its holdings in Kulicke and Soffa Industries by 10.0% in the 1st 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 during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Kulicke and Soffa Industries by 168.8% during the first 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Kulicke and Soffa Industries by 2.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 877 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Kulicke and Soffa Industries by 8.0% in the first 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 lifted its position in Kulicke and Soffa Industries by 55.7% during the first quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock worth $2,206,000 after buying an additional 23,923 shares during the period. Hedge funds and other institutional investors own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

(Get Free Report)

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.

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Analyst Recommendations for Kulicke and Soffa Industries (NASDAQ:KLIC)

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