Public Sector Pension Investment Board grew its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Free Report) by 13.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 203,406 shares of the semiconductor company’s stock after acquiring an additional 23,482 shares during the period. Public Sector Pension Investment Board’s holdings in Kulicke and Soffa Industries were worth $8,266,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. True Wealth Design LLC boosted 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 purchasing an additional 837 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of 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. Federated Hermes Inc. boosted its position in shares of Kulicke and Soffa Industries by 814.8% in the third quarter. Federated Hermes Inc. now owns 1,052 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 937 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Kulicke and Soffa Industries by 42.0% in the third quarter. Smartleaf Asset Management LLC now owns 1,667 shares of the semiconductor company’s stock valued at $68,000 after acquiring an additional 493 shares in the last quarter. Finally, Covestor Ltd increased its position in Kulicke and Soffa Industries by 57.3% during the third quarter. Covestor Ltd now owns 1,858 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 677 shares during the period. Institutional investors own 98.22% of the company’s stock.
Wall Street Analyst Weigh In
KLIC has been the topic of a number of analyst reports. Needham & Company LLC increased their target price on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. B. Riley Financial reissued a “neutral” rating and set a $39.00 price target (up previously from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Zacks Research cut Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, DA Davidson restated a “buy” rating and issued a $55.00 price target on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Kulicke and Soffa Industries presently has a consensus rating of “Hold” and a consensus target price of $50.50.
Insider Activity
In related news, SVP Nelson Munpun Wong sold 39,800 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $60.98, for a total transaction of $2,427,004.00. Following the completion of the sale, the senior vice president owned 86,369 shares of the company’s stock, valued at $5,266,781.62. This trade represents a 31.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Mui Sung Yeo sold 19,143 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $71.98, for a total value of $1,377,913.14. Following the completion of the sale, the director owned 78,522 shares of the company’s stock, valued at approximately $5,652,013.56. The trade was a 19.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 103,245 shares of company stock worth $6,400,049 in the last three months. Corporate insiders own 1.20% of the company’s stock.
Kulicke and Soffa Industries Trading Up 0.2%
NASDAQ KLIC opened at $71.77 on Wednesday. The firm has a market capitalization of $3.76 billion, a PE ratio of -59.31 and a beta of 1.67. The business’s 50-day moving average price is $55.90 and its two-hundred day moving average price is $45.34. Kulicke and Soffa Industries, Inc. has a 12 month low of $26.63 and a 12 month high of $77.50.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11. The company had revenue of $199.63 million for the quarter, compared to analyst estimates of $190.03 million. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.The firm’s quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.37 earnings per share. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current fiscal year.
Kulicke and Soffa Industries Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Thursday, December 18th were paid a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, December 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently -67.77%.
About Kulicke and Soffa Industries
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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