Kulicke and Soffa Industries (NASDAQ:KLIC) Sets New 1-Year High – Here’s What Happened

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $111.66 and last traded at $111.8780, with a volume of 446513 shares. The stock had previously closed at $102.03.

Analyst Ratings Changes

KLIC has been the subject of several research reports. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. 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. 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 report on Thursday, May 7th. One 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 has an average rating of “Moderate Buy” and a consensus target price of $59.25.

Kulicke and Soffa Industries Price Performance

The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 107.52 and a beta of 1.70. The stock has a 50-day moving average of $90.88 and a 200-day moving average of $69.50.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. The business had revenue of $242.62 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 49.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, equities analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company 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 dividend of $0.205 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 annualized dividend and a yield of 0.7%. Kulicke and Soffa Industries’s dividend payout ratio is currently 78.85%.

Insider Activity

In related news, Director Mui Sung Yeo sold 20,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the director owned 59,197 shares of the company’s stock, valued at $5,919,700. This represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, General Counsel Zi Yao Lim sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $102.98, for a total transaction of $154,470.00. Following the transaction, the general counsel owned 21,214 shares of the company’s stock, valued at approximately $2,184,617.72. This represents a 6.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Public Sector Pension Investment Board boosted its position in Kulicke and Soffa Industries by 13.1% in the third quarter. Public Sector Pension Investment Board now owns 203,406 shares of the semiconductor company’s stock valued at $8,266,000 after buying an additional 23,482 shares in the last quarter. Vanguard Group Inc. raised its position in Kulicke and Soffa Industries by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock valued at $160,053,000 after purchasing an additional 20,535 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its position in Kulicke and Soffa Industries by 40.7% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 607,136 shares of the semiconductor company’s stock valued at $27,661,000 after purchasing an additional 175,744 shares during the last quarter. Kingsview Wealth Management LLC bought a new position in Kulicke and Soffa Industries in the fourth quarter valued at about $3,245,000. Finally, Elo Mutual Pension Insurance Co bought a new position in Kulicke and Soffa Industries in the third quarter valued at about $883,000. Institutional investors own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

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.