Kulicke and Soffa Industries (NASDAQ:KLIC) Hits New 52-Week High – Here’s What Happened

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $57.93 and last traded at $57.23, with a volume of 167414 shares changing hands. The stock had previously closed at $55.35.

Wall Street Analysts Forecast Growth

KLIC has been the subject of a number of research reports. DA Davidson reiterated a “buy” rating and set a $55.00 price objective on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 24th. Needham & Company LLC raised their price target on shares of Kulicke and Soffa Industries from $46.00 to $57.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Wall Street Zen raised shares of Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Finally, B. Riley restated a “neutral” rating and set a $39.00 target price (up previously from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $47.25.

View Our Latest Report on KLIC

Kulicke and Soffa Industries Trading Up 1.9%

The company has a market cap of $2.95 billion, a P/E ratio of -2,820.59 and a beta of 1.63. The business has a 50 day moving average price of $44.69 and a 200-day moving average price of $40.20.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its quarterly earnings results on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.06. The firm had revenue of $177.56 million for the quarter, compared to analyst estimates of $169.84 million. Kulicke and Soffa Industries had a net margin of 0.03% and a negative return on equity of 1.64%. The company’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the prior 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. On average, sell-side analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Thursday, December 18th were paid a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, December 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is -4,100.00%.

Insider Transactions at Kulicke and Soffa Industries

In other news, General Counsel Zi Yao Lim sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $45.00, for a total value of $45,000.00. Following the completion of the sale, the general counsel directly owned 23,714 shares of the company’s stock, valued at $1,067,130. This trade represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Nelson Munpun Wong sold 5,004 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $50.07, for a total value of $250,550.28. Following the transaction, the senior vice president directly owned 156,369 shares in the company, valued at $7,829,395.83. The trade was a 3.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.40% of the company’s stock.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Hedge funds have recently added to or reduced their stakes in the business. True Wealth Design LLC increased its holdings in shares of Kulicke and Soffa Industries by 7,609.1% in the second quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 837 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Kulicke and Soffa Industries during the 3rd quarter worth about $29,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Kulicke and Soffa Industries by 789.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 925 shares of the semiconductor company’s stock worth $32,000 after buying an additional 821 shares during the period. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Kulicke and Soffa Industries during the 3rd quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC grew its stake in Kulicke and Soffa Industries by 2,665.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 933 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

Kulicke and Soffa Industries Company Profile

(Get 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.

Featured Articles

Receive News & Ratings for Kulicke and Soffa Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kulicke and Soffa Industries and related companies with MarketBeat.com's FREE daily email newsletter.