Kulicke and Soffa Industries (NASDAQ:KLIC) Upgraded at Zacks Research

Zacks Research upgraded shares of Kulicke and Soffa Industries (NASDAQ:KLIC) from a hold rating to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

A number of other brokerages have also commented on KLIC. Needham & Company LLC increased their price objective on shares of Kulicke and Soffa Industries from $40.00 to $46.00 and gave the stock a “buy” rating in a report on Friday, November 21st. B. Riley reissued a “neutral” rating and issued a $39.00 price target (up previously from $35.00) on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Weiss Ratings restated a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research report on Wednesday, November 19th. TD Cowen upped their price objective on shares of Kulicke and Soffa Industries from $36.00 to $38.00 and gave the company a “hold” rating in a research report on Thursday, August 7th. Finally, Wall Street Zen raised Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $44.50.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ KLIC opened at $44.96 on Monday. Kulicke and Soffa Industries has a 52-week low of $26.63 and a 52-week high of $52.08. The stock has a market cap of $2.35 billion, a PE ratio of 562.00 and a beta of 1.64. The business has a fifty day moving average of $40.02 and a two-hundred day moving average of $36.96.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings results on Wednesday, November 19th. The semiconductor company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. The firm had revenue of $177.56 million for the quarter, compared to analyst estimates of $169.84 million. Kulicke and Soffa Industries had a net margin of 0.90% and a negative return on equity of 1.06%. The company’s revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.34 earnings per share. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. Analysts predict that Kulicke and Soffa Industries will post 0.93 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 7th. Investors of record on Thursday, September 18th were paid a $0.205 dividend. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $0.82 annualized dividend and a dividend yield of 1.8%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently -4,100.00%.

Hedge Funds Weigh In On Kulicke and Soffa Industries

A number of institutional investors have recently bought and sold shares of KLIC. True Wealth Design LLC raised its stake in Kulicke and Soffa Industries by 7,609.1% in the 2nd quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 837 shares during the period. Advisory Services Network LLC bought a new stake in shares of Kulicke and Soffa Industries in the third quarter valued at about $29,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of Kulicke and Soffa Industries by 789.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 925 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 821 shares during the period. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Kulicke and Soffa Industries during the 3rd quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC grew its position in Kulicke and Soffa Industries by 2,665.7% during the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after buying an additional 933 shares in the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.