Kulicke and Soffa Industries (NASDAQ:KLIC) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Kulicke and Soffa Industries (NASDAQ:KLIC) from a hold rating to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

Other equities analysts also recently issued research reports about the stock. Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday. Needham & Company LLC boosted their price target 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, Wall Street Zen raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $59.25.

Kulicke and Soffa Industries Stock Performance

Shares of KLIC opened at $98.00 on Monday. Kulicke and Soffa Industries has a 1 year low of $31.21 and a 1 year high of $107.01. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 94.23 and a beta of 1.66. The firm has a fifty day moving average of $74.95 and a 200-day moving average of $59.93.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, beating 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 company had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. During the same quarter in the previous year, the company posted ($0.52) earnings per share. The company’s revenue for the quarter was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Analysts predict that Kulicke and Soffa Industries will post 2.61 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Thursday, March 19th were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, March 19th. Kulicke and Soffa Industries’s dividend payout ratio is presently 78.85%.

Insider Buying and Selling at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, Director David Jeffrey Richardson sold 9,364 shares of the company’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $72.19, for a total value of $675,987.16. Following the completion of the sale, the director directly owned 17,694 shares of the company’s stock, valued at approximately $1,277,329.86. This represents a 34.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Zi Yao Lim sold 1,500 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $102.98, for a total transaction of $154,470.00. Following the completion of the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 30,007 shares of company stock valued at $2,208,370. 1.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Institutional investors and hedge funds have recently bought and sold shares of the business. Summit Securities Group LLC acquired a new stake in Kulicke and Soffa Industries during the 1st quarter worth about $26,000. Advisory Services Network LLC acquired a new position in shares of Kulicke and Soffa Industries in the 3rd quarter valued at about $29,000. Meeder Asset Management Inc. acquired a new position in shares of Kulicke and Soffa Industries in the 4th quarter valued at about $30,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Kulicke and Soffa Industries in the 3rd quarter valued at about $33,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Kulicke and Soffa Industries by 2,665.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 933 shares during the period. 98.22% of the stock is owned by institutional investors and hedge funds.

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.