Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) have earned an average recommendation of “Moderate Buy” from the five brokerages that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $69.6667.

Several analysts have issued reports on the stock. Needham & Company LLC upped 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 report on Thursday, August 6th. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th.

Insider Activity

In related news, Director Peter T. M. Kong sold 1,551 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $110.00, for a total value of $170,610.00. Following the sale, the director directly owned 100,009 shares of the company’s stock, valued at $11,000,990. This trade 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 is available through this link. Also, SVP Nelson Munpun Wong sold 15,000 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $113.72, for a total value of $1,705,800.00. Following the transaction, the senior vice president owned 71,369 shares in the company, valued at approximately $8,116,082.68. This represents a 17.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 76,551 shares of company stock valued at $9,179,010. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Kulicke and Soffa Industries during the 2nd quarter valued at approximately $1,204,835,000. California State Teachers Retirement System boosted its stake in Kulicke and Soffa Industries by 12,902.6% during the second quarter. California State Teachers Retirement System now owns 7,959,656 shares of the semiconductor company’s stock worth $1,064,684,000 after acquiring an additional 7,898,440 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new stake in Kulicke and Soffa Industries in the second quarter worth about $153,050,000. Bank of New York Mellon Corp purchased a new stake in Kulicke and Soffa Industries in the second quarter worth about $98,778,000. Finally, Invesco Ltd. increased its stake in shares of Kulicke and Soffa Industries by 347.9% during the fourth quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock valued at $34,945,000 after purchasing an additional 595,753 shares in the last quarter. Institutional investors own 98.22% of the company’s stock.

Kulicke and Soffa Industries Stock Performance

NASDAQ KLIC opened at $81.03 on Monday. The company has a market capitalization of $4.24 billion, a P/E ratio of 37.34 and a beta of 1.67. The company has a fifty day moving average of $102.27 and a 200-day moving average of $90.50. Kulicke and Soffa Industries has a 52-week low of $35.02 and a 52-week high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping 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 business had revenue of $330.41 million during the quarter, compared to analyst estimates of $308.50 million. During the same quarter in the prior year, the firm earned $0.07 earnings per share. 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. As a group, analysts forecast that Kulicke and Soffa Industries will post 3.38 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Thursday, September 17th will be given a dividend of $0.205 per share. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.82 annualized dividend and a yield of 1.0%. Kulicke and Soffa Industries’s dividend payout ratio is presently 37.79%.

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.