Algert Global LLC Has $7.51 Million Stock Holdings in Kulicke and Soffa Industries, Inc. $KLIC

Algert Global LLC increased its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 148.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 184,700 shares of the semiconductor company’s stock after buying an additional 110,210 shares during the period. Algert Global LLC owned 0.35% of Kulicke and Soffa Industries worth $7,506,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. The Manufacturers Life Insurance Company increased its stake in shares of Kulicke and Soffa Industries by 21.1% during the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock worth $81,241,000 after purchasing an additional 409,116 shares during the period. American Century Companies Inc. grew its holdings in Kulicke and Soffa Industries by 20.4% in the 2nd quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock valued at $80,043,000 after buying an additional 392,691 shares in the last quarter. Geode Capital Management LLC grew its holdings in Kulicke and Soffa Industries by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 1,280,025 shares of the semiconductor company’s stock valued at $44,295,000 after buying an additional 10,722 shares in the last quarter. Invesco Ltd. increased its position in Kulicke and Soffa Industries by 5.5% during the 2nd quarter. Invesco Ltd. now owns 718,632 shares of the semiconductor company’s stock worth $24,865,000 after buying an additional 37,225 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Kulicke and Soffa Industries by 1.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 445,483 shares of the semiconductor company’s stock worth $15,414,000 after buying an additional 7,088 shares during the period. Institutional investors and hedge funds own 98.22% of the company’s stock.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ:KLIC opened at $66.14 on Tuesday. Kulicke and Soffa Industries, Inc. has a 52-week low of $26.63 and a 52-week high of $77.50. The company has a market capitalization of $3.46 billion, a PE ratio of -54.66 and a beta of 1.57. The company has a fifty day moving average of $63.66 and a 200-day moving average of $49.55.

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

Kulicke and Soffa Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Thursday, March 19th will be given a dividend of $0.205 per share. The ex-dividend date is Thursday, March 19th. This represents a $0.82 annualized dividend and a dividend yield of 1.2%. Kulicke and Soffa Industries’s dividend payout ratio is -67.77%.

Insider Activity

In other Kulicke and Soffa Industries news, SVP Robert Nestor Chylak sold 7,098 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $73.28, for a total value of $520,141.44. Following the transaction, the senior vice president directly owned 22,987 shares of the company’s stock, valued at approximately $1,684,487.36. The trade was a 23.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mui Sung Yeo sold 19,143 shares of the stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $71.98, for a total value of $1,377,913.14. Following the transaction, the director owned 78,522 shares in the company, valued at $5,652,013.56. The trade was a 19.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 106,605 shares of company stock worth $6,780,486. 1.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. DA Davidson restated a “buy” rating and issued a $55.00 price target on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Needham & Company LLC boosted their price objective on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. B. Riley Financial reaffirmed a “neutral” rating and set a $39.00 target price (up from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Finally, Weiss Ratings downgraded shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Kulicke and Soffa Industries currently has an average rating of “Moderate Buy” and a consensus price target of $50.50.

About Kulicke and Soffa Industries

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.