Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $59.25.
KLIC has been the topic of several research reports. Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Wall Street Zen raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Finally, Needham & Company LLC lifted their target price 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.
Get Our Latest Stock Analysis on KLIC
Kulicke and Soffa Industries Stock Performance
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.67 by $0.12. The firm 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 business’s revenue was up 49.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, research analysts predict that Kulicke and Soffa Industries will post 2.85 EPS for the current year.
Kulicke and Soffa Industries Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Thursday, March 19th were paid a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, March 19th. Kulicke and Soffa Industries’s payout ratio is presently 78.85%.
Insider Buying and Selling
In related news, Director Mui Sung Yeo sold 20,000 shares of Kulicke and Soffa Industries stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total value of $2,000,000.00. Following the transaction, the director directly owned 59,197 shares of the company’s stock, valued at $5,919,700. The trade was a 25.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director David Jeffrey Richardson sold 9,364 shares of Kulicke and Soffa Industries stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total transaction of $675,987.16. Following the completion of the transaction, the director directly owned 17,694 shares in the company, valued at approximately $1,277,329.86. The trade was a 34.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 30,864 shares of company stock valued at $2,830,457 over the last three months. 1.20% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. CloudAlpha Capital Management Limited Hong Kong purchased a new position in shares of Kulicke and Soffa Industries in the third quarter worth $1,250,000. Public Sector Pension Investment Board increased its position in Kulicke and Soffa Industries by 13.1% during the 3rd quarter. Public Sector Pension Investment Board now owns 203,406 shares of the semiconductor company’s stock valued at $8,266,000 after purchasing an additional 23,482 shares during the period. Summit Global Investments purchased a new position in Kulicke and Soffa Industries during the 3rd quarter valued at $1,346,000. Fort Washington Investment Advisors Inc. OH increased its position in 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 purchasing an additional 175,744 shares during the period. Finally, Elo Mutual Pension Insurance Co purchased a new position in Kulicke and Soffa Industries during the 3rd quarter valued at $883,000. 98.22% of the stock is owned by hedge funds and other institutional investors.
Kulicke and Soffa Industries Company 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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