Deutsche Bank AG Acquires Shares of 165,613 Kulicke and Soffa Industries, Inc. $KLIC

Deutsche Bank AG acquired a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 165,613 shares of the semiconductor company’s stock, valued at approximately $22,152,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Kulicke and Soffa Industries by 12.6% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 877 shares of the semiconductor company’s stock worth $117,000 after purchasing an additional 98 shares during the last quarter. CIBC Asset Management Inc grew its position in Kulicke and Soffa Industries by 3.4% during the 4th quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock worth $238,000 after purchasing an additional 171 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Kulicke and Soffa Industries by 2.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock valued at $344,000 after buying an additional 172 shares during the last quarter. ProShare Advisors LLC raised its stake in shares of Kulicke and Soffa Industries by 2.0% during the 4th quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock valued at $452,000 after buying an additional 198 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of Kulicke and Soffa Industries by 3.0% in the 4th quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock valued at $316,000 after buying an additional 205 shares during the period. Institutional investors and hedge funds own 98.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on KLIC. Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research note on Friday, August 7th. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. Finally, Needham & Company LLC upped their price objective on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $69.67.

Insider Activity

In other Kulicke and Soffa Industries news, SVP Nelson Munpun Wong sold 15,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the transaction, the senior vice president directly owned 71,369 shares in the company, valued at approximately $8,116,082.68. This represents a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Lester A. Wong sold 60,000 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the transaction, the chief executive officer owned 50,743 shares of the company’s stock, valued at $6,175,930.53. This represents a 54.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 76,551 shares of company stock worth $9,179,010 in the last quarter. Corporate insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Stock Up 0.7%

Shares of Kulicke and Soffa Industries stock opened at $85.75 on Friday. Kulicke and Soffa Industries, Inc. has a twelve month low of $35.02 and a twelve month high of $135.80. The business has a 50-day moving average price of $105.75 and a 200 day moving average price of $89.60. The firm has a market cap of $4.49 billion, a PE ratio of 39.52 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.14. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.The company had revenue of $330.41 million for the quarter, compared to the consensus estimate of $308.50 million. During the same quarter in the prior year, the business posted $0.07 earnings per share. Kulicke and Soffa Industries’s revenue for the quarter was up 122.6% on a year-over-year basis. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, sell-side analysts expect that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th were given a dividend of $0.205 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.0%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 37.79%.

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.