Kulicke and Soffa Industries (NASDAQ:KLIC) Releases Earnings Results, Beats Expectations By $0.14 EPS

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) announced its quarterly earnings data on Wednesday. The semiconductor company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.06 by $0.14, FiscalAI reports. The firm had revenue of $330.41 million for the quarter, compared to the consensus estimate of $308.50 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The company’s revenue was up 122.6% on a year-over-year basis. During the same period last year, the firm earned $0.07 EPS. Kulicke and Soffa Industries updated its Q4 2026 guidance to 1.278-1.562 EPS.

Kulicke and Soffa Industries Stock Down 0.0%

NASDAQ KLIC opened at $93.84 on Thursday. Kulicke and Soffa Industries has a 52 week low of $31.32 and a 52 week high of $135.80. The business’s fifty day simple moving average is $109.04 and its 200-day simple moving average is $86.98. The firm has a market cap of $4.91 billion, a PE ratio of 90.23 and a beta of 1.67.

Kulicke and Soffa Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were paid a $0.205 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.9%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 78.85%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on KLIC shares. Needham & Company LLC lifted their price objective on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Zacks Research lowered shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $59.25.

Check Out Our Latest Report on Kulicke and Soffa Industries

Insider Buying and Selling

In other Kulicke and Soffa Industries news, CEO Lester A. Wong sold 60,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the completion of the sale, the chief executive officer owned 50,743 shares of the company’s stock, valued at $6,175,930.53. This trade represents a 54.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mui Sung Yeo sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the completion of the sale, the director directly owned 59,197 shares in the company, valued at $5,919,700. This trade represents a 25.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 98,051 shares of company stock valued at $11,333,480 in the last ninety days. Company insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Kulicke and Soffa Industries

A number of institutional investors have recently modified their holdings of the company. Invesco Ltd. grew its position 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 worth $34,945,000 after buying an additional 595,753 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in 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 worth $27,038,000 after acquiring an additional 561,571 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Kulicke and Soffa Industries by 21.1% in 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 purchasing an additional 409,116 shares in the last quarter. AQR Capital Management LLC increased its holdings in Kulicke and Soffa Industries by 549.8% in the second quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock valued at $11,117,000 after buying an additional 271,868 shares during the last quarter. Finally, Millennium Management LLC boosted its position in shares of Kulicke and Soffa Industries by 360.6% during the 3rd quarter. Millennium Management LLC now owns 219,415 shares of the semiconductor company’s stock worth $8,917,000 after acquiring an additional 171,783 shares in the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

About Kulicke and Soffa Industries

(Get Free Report)

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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Earnings History for Kulicke and Soffa Industries (NASDAQ:KLIC)

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