Creative Planning increased its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Free Report) by 63.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 56,706 shares of the semiconductor company’s stock after buying an additional 21,983 shares during the period. Creative Planning owned 0.11% of Kulicke and Soffa Industries worth $1,962,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. True Wealth Design LLC boosted its holdings in Kulicke and Soffa Industries by 7,609.1% in the second quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 837 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Kulicke and Soffa Industries by 789.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 925 shares of the semiconductor company’s stock worth $32,000 after purchasing an additional 821 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in Kulicke and Soffa Industries in the 2nd quarter worth about $34,000. Caitong International Asset Management Co. Ltd grew its position in Kulicke and Soffa Industries by 280.9% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,234 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 910 shares during the last quarter. Finally, Federated Hermes Inc. increased its stake in Kulicke and Soffa Industries by 1,763.5% during the 1st quarter. Federated Hermes Inc. now owns 1,379 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 1,305 shares in the last quarter. Institutional investors own 98.22% of the company’s stock.
Analyst Ratings Changes
Several research analysts have recently issued reports on KLIC shares. DA Davidson reiterated a “buy” rating and issued a $55.00 target price on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Wall Street Zen raised Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research report on Saturday. Needham & Company LLC increased their target price on Kulicke and Soffa Industries from $40.00 to $46.00 and gave the company a “buy” rating in a research note on Friday, November 21st. TD Cowen lifted their target price on Kulicke and Soffa Industries from $36.00 to $38.00 and gave the stock a “hold” rating in a report on Thursday, August 7th. Finally, B. Riley reaffirmed a “neutral” rating and set a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $44.50.
Kulicke and Soffa Industries Trading Up 4.8%
Shares of KLIC stock opened at $43.56 on Wednesday. Kulicke and Soffa Industries, Inc. has a 12-month low of $26.63 and a 12-month high of $52.08. The stock has a market capitalization of $2.27 billion, a P/E ratio of 544.50 and a beta of 1.64. The firm’s 50 day moving average is $39.95 and its 200 day moving average is $36.90.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last released its quarterly earnings results on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.06. The firm had revenue of $177.56 million for the quarter, compared to analysts’ expectations of $169.84 million. Kulicke and Soffa Industries had a negative return on equity of 1.06% and a net margin of 0.90%.The company’s revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.34 EPS. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. As a group, equities analysts predict that Kulicke and Soffa Industries, Inc. 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. Shareholders of record on Thursday, September 18th were given a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, September 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently -4,100.00%.
Kulicke and Soffa Industries 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.
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