Summit Global Investments Decreases Stock Position in Kulicke and Soffa Industries, Inc. $KLIC

Posted by Stanley Muller on Jul 22nd, 2026

Summit Global Investments cut its position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Free Report) by 36.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,165 shares of the semiconductor company’s stock after selling 10,522 shares during the period. Summit Global Investments’ holdings in Kulicke and Soffa Industries were worth $1,194,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. CIBC Asset Management Inc raised its stake in Kulicke and Soffa Industries by 3.4% in the 4th quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock valued at $238,000 after purchasing an additional 171 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Kulicke and Soffa Industries by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock valued at $344,000 after purchasing an additional 172 shares in the last quarter. Pallas Capital Advisors LLC boosted its stake in Kulicke and Soffa Industries by 2.6% during the 4th quarter. Pallas Capital Advisors LLC now owns 7,368 shares of the semiconductor company’s stock worth $336,000 after purchasing an additional 190 shares during the last quarter. ProShare Advisors LLC grew its holdings in shares of Kulicke and Soffa Industries by 2.0% during the fourth quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock worth $452,000 after buying an additional 198 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Kulicke and Soffa Industries by 3.0% during the fourth quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock worth $316,000 after buying an additional 205 shares in the last quarter. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Price Performance

Shares of KLIC opened at $108.54 on Wednesday. The firm has a 50-day simple moving average of $110.88 and a two-hundred day simple moving average of $83.80. The stock has a market cap of $5.68 billion, a PE ratio of 104.37 and a beta of 1.62. Kulicke and Soffa Industries, Inc. has a 1-year low of $31.32 and a 1-year high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last issued its quarterly earnings data 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 analyst estimates 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 for the quarter was up 49.8% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, sell-side analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were paid a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio is 78.85%.

Insider Buying and Selling at Kulicke and Soffa Industries

In related news, CEO Lester A. Wong sold 60,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 50,743 shares of the company’s stock, valued at approximately $6,175,930.53. This represents a 54.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Peter T. M. Kong sold 1,551 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $110.00, for a total value of $170,610.00. Following the transaction, the director 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 SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 98,051 shares of company stock valued at $11,333,480. Corporate insiders own 1.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on KLIC. Needham & Company LLC raised their price target 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. 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. Finally, Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $59.25.

View Our Latest Stock Report on KLIC

Kulicke and Soffa Industries Company Profile

(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.