Rhumbline Advisers Trims Position in Kulicke and Soffa Industries, Inc. $KLIC

Rhumbline Advisers decreased its holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) by 5.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 153,699 shares of the semiconductor company’s stock after selling 9,266 shares during the quarter. Rhumbline Advisers owned about 0.29% of Kulicke and Soffa Industries worth $6,246,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. True Wealth Design LLC raised its holdings 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 worth $29,000 after purchasing an additional 837 shares in the last quarter. EverSource Wealth Advisors LLC increased its position 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 valued at $33,000 after buying an additional 933 shares during the period. Federated Hermes Inc. raised its stake in 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 worth $43,000 after buying an additional 937 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in 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 worth $68,000 after buying an additional 493 shares during the period. Finally, Covestor Ltd lifted its holdings in Kulicke and Soffa Industries by 57.3% in the third quarter. Covestor Ltd now owns 1,858 shares of the semiconductor company’s stock worth $76,000 after buying an additional 677 shares during the period. Institutional investors own 98.22% of the company’s stock.

Kulicke and Soffa Industries Trading Up 2.0%

Kulicke and Soffa Industries stock opened at $70.85 on Monday. Kulicke and Soffa Industries, Inc. has a 12 month low of $26.63 and a 12 month high of $77.50. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of -58.55 and a beta of 1.67. The business’s fifty day simple moving average is $57.15 and its two-hundred day simple moving average is $46.13.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.11. The firm had revenue of $199.63 million during the quarter, compared to the consensus estimate 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 company’s revenue was up 20.2% on a year-over-year basis. During the same period last year, the company earned $0.37 earnings per share. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, equities research analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Thursday, December 18th were given a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.82 annualized dividend and a dividend yield of 1.2%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is -67.77%.

Wall Street Analyst Weigh In

KLIC has been the topic of a number of research analyst reports. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Needham & Company LLC upped their price target on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. DA Davidson reissued a “buy” rating and set a $55.00 price objective on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Weiss Ratings cut shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. Finally, Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $50.50.

View Our Latest Stock Analysis on Kulicke and Soffa Industries

Insider Activity

In related news, SVP Nelson Munpun Wong sold 39,800 shares of the company’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 value of $2,427,004.00. Following the transaction, the senior vice president directly owned 86,369 shares of the company’s stock, valued at approximately $5,266,781.62. This represents a 31.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Zi Yao Lim sold 1,000 shares of Kulicke and Soffa Industries stock in a transaction on Monday, February 9th. The stock was sold at an average price of $71.54, for a total value of $71,540.00. Following the completion of the sale, the general counsel directly owned 22,714 shares of the company’s stock, valued at approximately $1,624,959.56. The trade was a 4.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 103,245 shares of company stock valued at $6,400,049 in the last quarter. Insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Profile

(Free Report)

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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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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