Kulicke and Soffa Industries, Inc. $KLIC Stock Purchased by Capstone Capital Management Ltd

Capstone Capital Management Ltd grew its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 233.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,999 shares of the semiconductor company’s stock after purchasing an additional 9,099 shares during the quarter. Capstone Capital Management Ltd’s holdings in Kulicke and Soffa Industries were worth $1,225,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Kulicke and Soffa Industries during the second quarter worth $1,204,835,000. The Manufacturers Life Insurance Company bought a new stake in Kulicke and Soffa Industries during the 2nd quarter worth approximately $153,050,000. Bank of New York Mellon Corp acquired a new position in shares of Kulicke and Soffa Industries in the second quarter valued at approximately $98,778,000. Fort Washington Investment Advisors Inc. OH raised its holdings in shares of Kulicke and Soffa Industries by 40.2% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 454,215 shares of the semiconductor company’s stock worth $42,810,000 after acquiring an additional 130,162 shares during the period. Finally, Algert Global LLC boosted its stake in Kulicke and Soffa Industries by 83.3% in the 2nd quarter. Algert Global LLC now owns 319,794 shares of the semiconductor company’s stock worth $42,776,000 after purchasing an additional 145,302 shares during the period. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on KLIC. B. Riley Financial decreased their price objective on Kulicke and Soffa Industries from $105.00 to $86.00 and set a “neutral” rating for the company in a report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research note on Friday, August 7th. Needham & Company LLC increased their price target on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Zacks Research cut Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Kulicke and Soffa Industries currently has an average rating of “Hold” and an average target price of $85.33.

Kulicke and Soffa Industries Price Performance

KLIC stock opened at $80.43 on Wednesday. The company has a 50 day simple moving average of $87.15 and a 200 day simple moving average of $95.36. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of 37.06 and a beta of 1.55. Kulicke and Soffa Industries, Inc. has a 1 year low of $35.02 and a 1 year high of $135.80.

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 for the quarter, beating the consensus estimate 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 company had revenue of $330.41 million for the quarter, compared to the consensus estimate of $308.50 million. During the same quarter last year, the business posted $0.07 EPS. Kulicke and Soffa Industries’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, equities research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Investors of record on Thursday, September 17th were paid a $0.2050 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 17th. Kulicke and Soffa Industries’s payout ratio is currently 37.79%.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Ltd. (NASDAQ: KLIC) designs, manufactures and supports equipment used in the assembly and packaging of semiconductor and electronic components. Its technologies help manufacturers connect semiconductor dies to packages, attach and assemble components, and produce finished devices for use in electronics, communications, automotive, industrial and other applications.

The company’s product portfolio includes wire bonding equipment, die attach systems, wedge bonding solutions and related tools, materials and services.