Fort Washington Investment Advisors Inc. OH Sells 155,750 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Fort Washington Investment Advisors Inc. OH reduced its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 25.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 451,386 shares of the semiconductor company’s stock after selling 155,750 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Kulicke and Soffa Industries were worth $29,665,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Kulicke and Soffa Industries by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock valued at $160,053,000 after purchasing an additional 20,535 shares during the last quarter. Kingsview Wealth Management LLC purchased a new position in Kulicke and Soffa Industries in the fourth quarter worth about $3,245,000. Elo Mutual Pension Insurance Co purchased a new position in Kulicke and Soffa Industries in the third quarter worth about $883,000. Jain Global LLC bought a new position in shares of Kulicke and Soffa Industries in the third quarter worth approximately $6,300,000. Finally, Nano Cap New Millennium Growth Fund L P bought a new position in shares of Kulicke and Soffa Industries in the fourth quarter worth approximately $911,000. 98.22% of the stock is currently owned by institutional investors.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ:KLIC opened at $125.22 on Monday. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.32 and a fifty-two week high of $133.41. The business has a 50-day simple moving average of $102.69 and a two-hundred day simple moving average of $75.88. The firm has a market cap of $6.55 billion, a price-to-earnings ratio of 120.40 and a beta of 1.69.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.12. The business had revenue of $242.62 million for the quarter, compared to analysts’ expectations 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 quarter in the prior year, the business earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, research analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be given a dividend of $0.205 per share. The ex-dividend date is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.7%. Kulicke and Soffa Industries’s dividend payout ratio is 78.85%.

Insider Buying and Selling

In other Kulicke and Soffa Industries news, General Counsel Zi Yao Lim sold 1,500 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $102.98, for a total transaction of $154,470.00. Following the completion of the sale, the general counsel directly owned 21,214 shares in the company, valued at approximately $2,184,617.72. The trade was a 6.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lester A. Wong sold 60,000 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 98,051 shares of company stock valued at $11,333,480 in the last ninety days. Corporate insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on KLIC. Needham & Company LLC increased their price target on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $59.25.

Kulicke and Soffa Industries 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.