Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Free Report) by 40.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 607,136 shares of the semiconductor company’s stock after purchasing an additional 175,744 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned about 1.16% of Kulicke and Soffa Industries worth $27,661,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. The Manufacturers Life Insurance Company lifted its position in Kulicke and Soffa Industries by 21.1% in the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after buying an additional 409,116 shares during the last quarter. Invesco Ltd. increased its position in shares of Kulicke and Soffa Industries by 5.5% during the second quarter. Invesco Ltd. now owns 718,632 shares of the semiconductor company’s stock valued at $24,865,000 after acquiring an additional 37,225 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its position in shares of Kulicke and Soffa Industries by 541.4% during the third quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock valued at $27,038,000 after acquiring an additional 561,571 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Kulicke and Soffa Industries by 54.9% in the 3rd quarter. Russell Investments Group Ltd. now owns 350,995 shares of the semiconductor company’s stock valued at $14,265,000 after acquiring an additional 124,425 shares during the period. Finally, AQR Capital Management LLC raised its stake in shares of Kulicke and Soffa Industries by 549.8% in the 2nd quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock valued at $11,117,000 after acquiring an additional 271,868 shares during the period. 98.22% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
KLIC has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Weiss Ratings lowered Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. 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. Finally, Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. One investment 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 issued a Sell rating to the stock. According to MarketBeat.com, Kulicke and Soffa Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.50.
Insiders Place Their Bets
In related news, Director Mui Sung Yeo sold 19,143 shares of Kulicke and Soffa Industries stock in a transaction 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 completion of the transaction, the director directly owned 78,522 shares in the company, valued at approximately $5,652,013.56. This trade represents a 19.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David Jeffrey Richardson sold 9,364 shares of the business’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total value of $675,987.16. Following the transaction, the director directly owned 17,694 shares of the company’s stock, valued at $1,277,329.86. The trade was a 34.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 106,605 shares of company stock valued at $6,780,486. 1.20% of the stock is owned by company insiders.
Kulicke and Soffa Industries Stock Performance
Shares of KLIC opened at $64.68 on Friday. The company’s 50-day simple moving average is $65.51 and its 200-day simple moving average is $51.17. Kulicke and Soffa Industries, Inc. has a 1 year low of $26.63 and a 1 year high of $77.50. The stock has a market capitalization of $3.38 billion, a PE ratio of -53.45 and a beta of 1.58.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last announced its earnings results 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. The firm 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 for the quarter was up 20.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, sell-side analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current year.
Kulicke and Soffa Industries Announces Dividend
The business 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 of this dividend is Thursday, March 19th. This represents a $0.82 dividend on an annualized basis and a dividend 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.
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