Brokerages Set Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Target Price at $59.25

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $59.25.

A number of analysts have commented on KLIC shares. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Needham & Company LLC increased their price objective on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th.

Kulicke and Soffa Industries Stock Up 2.3%

KLIC stock opened at $127.10 on Wednesday. The company’s 50-day simple moving average is $99.85 and its 200-day simple moving average is $74.23. Kulicke and Soffa Industries has a 52-week low of $31.32 and a 52-week high of $129.65. The firm has a market cap of $6.65 billion, a P/E ratio of 122.21 and a beta of 1.70.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $228.75 million. During the same quarter in the prior year, the firm earned ($0.52) EPS. The company’s revenue for the quarter was up 49.8% on a year-over-year basis. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, analysts anticipate that Kulicke and Soffa Industries will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.205 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.6%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 78.85%.

Insider Buying and Selling at Kulicke and Soffa Industries

In related news, Director Peter T. M. Kong sold 1,551 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the completion of the transaction, the director owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. This trade represents a 1.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Zi Yao Lim sold 1,500 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total transaction of $154,470.00. Following the transaction, the general counsel directly owned 21,214 shares of the company’s stock, valued at $2,184,617.72. The trade was a 6.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 98,051 shares of company stock worth $11,333,480. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KLIC. Royal Bank of Canada boosted its position 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 buying an additional 5,836 shares during the period. AQR Capital Management LLC boosted its position 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 valued at $1,631,000 after buying an additional 31,048 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position 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 valued at $1,025,000 after buying an additional 877 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Kulicke and Soffa Industries by 8.0% in 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 buying an additional 11,522 shares during the period. Finally, Jane Street Group LLC boosted its position in Kulicke and Soffa Industries by 55.7% in the 1st quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock valued at $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.

Kulicke and Soffa Industries Company 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.