Elo Mutual Pension Insurance Co Buys Shares of 21,738 Kulicke and Soffa Industries, Inc. $KLIC

Elo Mutual Pension Insurance Co bought a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 21,738 shares of the semiconductor company’s stock, valued at approximately $883,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Teacher Retirement System of Texas increased its position in shares of Kulicke and Soffa Industries by 1.3% in the 3rd quarter. Teacher Retirement System of Texas now owns 24,655 shares of the semiconductor company’s stock valued at $1,002,000 after buying an additional 323 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in Kulicke and Soffa Industries by 1.7% during the second quarter. Baird Financial Group Inc. now owns 22,897 shares of the semiconductor company’s stock worth $792,000 after acquiring an additional 382 shares in the last quarter. Strs Ohio lifted its holdings in Kulicke and Soffa Industries by 5.1% during the third quarter. Strs Ohio now owns 8,300 shares of the semiconductor company’s stock worth $337,000 after acquiring an additional 400 shares in the last quarter. New York State Common Retirement Fund grew its stake in Kulicke and Soffa Industries by 1.2% in the third quarter. New York State Common Retirement Fund now owns 41,984 shares of the semiconductor company’s stock valued at $1,706,000 after acquiring an additional 485 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake 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 valued at $68,000 after acquiring an additional 493 shares during the period. 98.22% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director David Jeffrey Richardson sold 9,364 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total transaction of $675,987.16. Following the transaction, the director directly owned 17,694 shares of the company’s stock, valued at approximately $1,277,329.86. The trade was a 34.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Zi Yao Lim sold 1,000 shares of the stock in a transaction on Monday, February 9th. The shares were 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 owned 22,714 shares in the company, valued at approximately $1,624,959.56. This trade represents a 4.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 111,609 shares of company stock valued at $7,031,036. Insiders own 1.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on KLIC shares. Needham & Company LLC raised their price target on 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 reiterated a “neutral” rating and issued a $39.00 price objective (up from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Finally, DA Davidson restated a “buy” rating and set a $55.00 target price on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $50.50.

Kulicke and Soffa Industries Price Performance

Shares of KLIC stock opened at $61.47 on Friday. The company has a fifty day moving average price of $61.52 and a two-hundred day moving average price of $48.21. Kulicke and Soffa Industries, Inc. has a one year low of $26.63 and a one year high of $77.50. The stock has a market cap of $3.22 billion, a P/E ratio of -50.80 and a beta of 1.58.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.11. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The company had revenue of $199.63 million for the quarter, compared to analyst estimates of $190.03 million. During the same period in the previous year, the business earned $0.37 EPS. Kulicke and Soffa Industries’s revenue for the quarter was up 20.2% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, equities research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Thursday, March 19th will be paid a $0.205 dividend. The ex-dividend date is Thursday, March 19th. This represents a $0.82 annualized dividend and a yield of 1.3%. Kulicke and Soffa Industries’s dividend payout ratio is currently -67.77%.

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.