Strs Ohio Acquires 6,200 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Strs Ohio boosted its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) by 59.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,700 shares of the semiconductor company’s stock after buying an additional 6,200 shares during the quarter. Strs Ohio’s holdings in Kulicke and Soffa Industries were worth $1,098,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. CIBC Asset Management Inc boosted 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 valued at $238,000 after acquiring an additional 171 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of Kulicke and Soffa Industries by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock worth $344,000 after acquiring an additional 172 shares in the last quarter. Pallas Capital Advisors LLC lifted its stake in shares of Kulicke and Soffa Industries by 2.6% during the 4th quarter. Pallas Capital Advisors LLC now owns 7,368 shares of the semiconductor company’s stock worth $336,000 after purchasing an additional 190 shares during the last quarter. ProShare Advisors LLC boosted its position in Kulicke and Soffa Industries by 2.0% during the fourth quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock valued at $452,000 after purchasing an additional 198 shares in the last quarter. Finally, HighTower Advisors LLC boosted its position in Kulicke and Soffa Industries by 3.0% during the fourth quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock valued at $316,000 after purchasing an additional 205 shares in the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Insider Buying and Selling

In other Kulicke and Soffa Industries news, Director Mui Sung Yeo sold 20,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total value of $2,000,000.00. Following the completion of the transaction, the director 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Peter T. M. Kong sold 1,551 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total transaction of $170,610.00. Following the completion of the transaction, the director directly owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. This represents a 1.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 98,051 shares of company stock worth $11,333,480 over the last ninety days. Company insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Price Performance

Shares of KLIC stock opened at $105.87 on Wednesday. The stock’s fifty day moving average price is $108.26 and its 200 day moving average price is $79.61. Kulicke and Soffa Industries, Inc. has a 1-year low of $31.32 and a 1-year high of $135.80. The company has a market cap of $5.54 billion, a price-to-earnings ratio of 101.80 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.12. The company had revenue of $242.62 million during the quarter, compared to analysts’ expectations of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The firm’s revenue was up 49.8% compared to the same quarter last year. During the same period last year, the business posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities research analysts anticipate that Kulicke and Soffa Industries, Inc. 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 will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be given a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 78.85%.

Analysts Set New Price Targets

A number of equities analysts have commented on KLIC shares. Needham & Company LLC boosted their target price on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 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, Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $59.25.

Get Our Latest Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries Profile

(Free Report)

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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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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