38,000 Shares in Kulicke and Soffa Industries, Inc. $KLIC Purchased by Icon Advisers Inc. Co.

Icon Advisers Inc. Co. bought a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 38,000 shares of the semiconductor company’s stock, valued at approximately $1,315,000. Icon Advisers Inc. Co. owned approximately 0.07% of Kulicke and Soffa Industries at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in KLIC. Invesco Ltd. grew its position in shares of Kulicke and Soffa Industries by 188.4% in the first quarter. Invesco Ltd. now owns 681,407 shares of the semiconductor company’s stock valued at $22,473,000 after purchasing an additional 445,148 shares during the last quarter. Woodline Partners LP raised its position in shares of Kulicke and Soffa Industries by 1,401.7% during the 1st quarter. Woodline Partners LP now owns 438,667 shares of the semiconductor company’s stock worth $14,467,000 after purchasing an additional 409,456 shares during the last quarter. American Century Companies Inc. lifted its stake 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. Copeland Capital Management LLC grew its holdings in Kulicke and Soffa Industries by 14.5% during the 2nd quarter. Copeland Capital Management LLC now owns 1,645,508 shares of the semiconductor company’s stock valued at $56,935,000 after buying an additional 207,899 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in Kulicke and Soffa Industries by 6.0% during the 1st quarter. Vanguard Group Inc. now owns 3,476,131 shares of the semiconductor company’s stock valued at $114,643,000 after buying an additional 197,619 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

Kulicke and Soffa Industries Stock Performance

KLIC opened at $45.12 on Monday. Kulicke and Soffa Industries, Inc. has a 1 year low of $26.63 and a 1 year high of $52.08. The company’s 50 day simple moving average is $40.13 and its 200 day simple moving average is $37.13. The stock has a market capitalization of $2.36 billion, a PE ratio of 563.94 and a beta of 1.64.

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

Analyst Upgrades and Downgrades

KLIC has been the subject of a number of analyst reports. TD Cowen boosted their price target on Kulicke and Soffa Industries from $36.00 to $38.00 and gave the stock a “hold” rating in a report on Thursday, August 7th. Weiss Ratings reissued a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research note on Tuesday, November 25th. B. Riley restated a “neutral” rating and issued a $39.00 target price (up from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. 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. Finally, Needham & Company LLC boosted their price objective on shares of Kulicke and Soffa Industries from $40.00 to $46.00 and gave the company a “buy” rating in a research report on Friday, November 21st. One investment 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $44.50.

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.