Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) have earned an average recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $59.25.

KLIC has been the topic of a number of recent analyst reports. Zacks Research lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Needham & Company LLC raised their price target on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th.

Insiders Place Their Bets

In other news, Director Mui Sung Yeo sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the transaction, the director directly owned 59,197 shares of the company’s stock, valued at approximately $5,919,700. This trade represents a 25.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, General Counsel Zi Yao Lim sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total transaction of $154,470.00. Following the transaction, the general counsel directly owned 21,214 shares in the company, valued at approximately $2,184,617.72. This trade represents a 6.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 98,051 shares of company stock worth $11,333,480. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. USA Financial Formulas bought a new stake in Kulicke and Soffa Industries during the 1st quarter valued at $44,000. Nolet Wealth Management LLC bought a new stake in shares of Kulicke and Soffa Industries in the second quarter valued at about $219,000. Fulton Bank N.A. purchased a new stake in Kulicke and Soffa Industries in the second quarter worth about $284,000. CoreCap Advisors LLC purchased a new stake in Kulicke and Soffa Industries in the second quarter worth about $275,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in Kulicke and Soffa Industries by 12.6% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 877 shares of the semiconductor company’s stock worth $117,000 after acquiring an additional 98 shares in the last quarter. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ KLIC opened at $93.84 on Thursday. The business’s 50 day moving average price is $109.04 and its 200-day moving average price is $86.98. Kulicke and Soffa Industries has a fifty-two week low of $31.32 and a fifty-two week high of $135.80. The company has a market cap of $4.91 billion, a price-to-earnings ratio of 90.23 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 7.29% and a net margin of 7.16%.The firm had revenue of $330.41 million during the quarter, compared to analyst estimates of $308.50 million. During the same period last year, the company earned $0.07 EPS. Kulicke and Soffa Industries’s quarterly revenue was up 122.6% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Sell-side analysts predict that Kulicke and Soffa Industries will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were given a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is 78.85%.

Kulicke and Soffa Industries Company 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.