UBS Group AG lessened its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Free Report) by 27.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 107,026 shares of the semiconductor company’s stock after selling 39,899 shares during the quarter. UBS Group AG’s holdings in Kulicke and Soffa Industries were worth $4,876,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Kulicke and Soffa Industries by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock valued at $160,053,000 after acquiring an additional 20,535 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Kulicke and Soffa Industries by 21.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after acquiring an additional 409,116 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Kulicke and Soffa Industries by 5.5% during the 2nd quarter. Invesco Ltd. now owns 718,632 shares of the semiconductor company’s stock valued at $24,865,000 after acquiring an additional 37,225 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Kulicke and Soffa Industries by 541.4% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock valued at $27,038,000 after acquiring an additional 561,571 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of Kulicke and Soffa Industries by 40.7% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 607,136 shares of the semiconductor company’s stock valued at $27,661,000 after acquiring an additional 175,744 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. Needham & Company LLC raised 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. Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. 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 analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Kulicke and Soffa Industries presently has a consensus rating of “Moderate Buy” and an average price target of $59.25.
Kulicke and Soffa Industries Trading Down 0.1%
KLIC opened at $101.09 on Friday. The company has a market cap of $5.29 billion, a price-to-earnings ratio of 97.20 and a beta of 1.66. The company’s 50 day moving average is $79.94 and its 200 day moving average is $62.95. Kulicke and Soffa Industries, Inc. has a 12-month low of $31.21 and a 12-month high of $107.01.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. The company had revenue of $242.62 million for the quarter, compared to the consensus estimate of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The firm’s revenue was up 49.8% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.
Kulicke and Soffa Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Thursday, March 19th were issued a $0.205 dividend. The ex-dividend date of this dividend was Thursday, March 19th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.8%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 78.85%.
Insiders Place Their Bets
In other Kulicke and Soffa Industries news, Director David Jeffrey Richardson sold 9,364 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $72.19, for a total transaction of $675,987.16. Following the sale, the director owned 17,694 shares in the company, valued at approximately $1,277,329.86. This trade represents a 34.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mui Sung Yeo sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the sale, the director owned 59,197 shares in the company, valued at approximately $5,919,700. The trade was a 25.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 30,864 shares of company stock worth $2,830,457. Company insiders own 1.20% of the company’s stock.
Kulicke and Soffa Industries 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.
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