Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Receives Consensus Rating of “Hold” from Analysts

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) have been assigned an average recommendation of “Hold” from the six brokerages that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $59.25.

KLIC has been the topic of several recent analyst reports. Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Finally, Needham & Company LLC lifted their price target on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 7th.

Kulicke and Soffa Industries Stock Performance

KLIC traded up $2.02 during trading on Friday, reaching $113.41. 609,579 shares of the stock were exchanged, compared to its average volume of 1,351,486. The stock has a market cap of $5.93 billion, a P/E ratio of 109.05 and a beta of 1.62. Kulicke and Soffa Industries has a twelve month low of $31.32 and a twelve month high of $135.80. The stock’s 50 day moving average price is $109.78 and its two-hundred day moving average price is $80.71.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.12. The firm had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The company’s quarterly revenue was up 49.8% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Equities research analysts predict that Kulicke and Soffa Industries will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.82 annualized dividend and a yield of 0.7%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 78.85%.

Insider Activity

In other news, Director Peter T. M. Kong sold 1,551 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. This represents a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mui Sung Yeo sold 20,000 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total value of $2,000,000.00. Following the transaction, the director owned 59,197 shares in the company, valued at $5,919,700. The trade was a 25.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 98,051 shares of company stock valued at $11,333,480. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Nolet Wealth Management LLC acquired a new position in shares of Kulicke and Soffa Industries in the 2nd quarter valued at approximately $219,000. Fulton Bank N.A. acquired a new stake in shares of Kulicke and Soffa Industries during the second quarter valued at about $284,000. CoreCap Advisors LLC bought a new stake in shares of Kulicke and Soffa Industries during the second quarter worth about $275,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Kulicke and Soffa Industries by 12.6% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 877 shares of the semiconductor company’s stock worth $117,000 after purchasing an additional 98 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in Kulicke and Soffa Industries by 2,774.2% in the 1st quarter. NewEdge Advisors LLC now owns 891 shares of the semiconductor company’s stock valued at $59,000 after acquiring an additional 860 shares during the period. 98.22% of the stock is owned by institutional investors.

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.