Ceredex Value Advisors LLC Sells 57,063 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Ceredex Value Advisors LLC lessened its position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 14.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 331,324 shares of the semiconductor company’s stock after selling 57,063 shares during the quarter. Ceredex Value Advisors LLC owned approximately 0.64% of Kulicke and Soffa Industries worth $11,464,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KLIC. Creative Planning boosted its holdings in shares of Kulicke and Soffa Industries by 63.3% during the 2nd quarter. Creative Planning now owns 56,706 shares of the semiconductor company’s stock valued at $1,962,000 after buying an additional 21,983 shares in the last quarter. Copeland Capital Management LLC increased its stake in shares of Kulicke and Soffa Industries by 14.5% in the 2nd quarter. Copeland Capital Management LLC now owns 1,645,508 shares of the semiconductor company’s stock worth $56,935,000 after acquiring an additional 207,899 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Kulicke and Soffa Industries by 134.8% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 18,858 shares of the semiconductor company’s stock valued at $693,000 after acquiring an additional 10,826 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Kulicke and Soffa Industries by 21.0% in the second quarter. Harbor Capital Advisors Inc. now owns 45,945 shares of the semiconductor company’s stock worth $1,590,000 after purchasing an additional 7,974 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in Kulicke and Soffa Industries by 14.9% in the first quarter. Ameriprise Financial Inc. now owns 1,146,518 shares of the semiconductor company’s stock worth $37,813,000 after purchasing an additional 148,793 shares during the period. 98.22% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

KLIC has been the subject of several recent research reports. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, November 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research note on Tuesday. DA Davidson reissued 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 upgraded Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Finally, Needham & Company LLC lifted their price target on Kulicke and Soffa Industries from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

Kulicke and Soffa Industries Trading Up 0.3%

Shares of KLIC opened at $45.12 on Friday. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 563.94 and a beta of 1.64. The business’s fifty day simple moving average is $40.13 and its two-hundred day simple moving average is $37.09. Kulicke and Soffa Industries, Inc. has a 12 month low of $26.63 and a 12 month high of $52.08.

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

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.