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

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

Other institutional investors and hedge funds also recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Kulicke and Soffa Industries by 10.0% in the first quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock valued at $2,118,000 after acquiring an additional 5,836 shares during the period. AQR Capital Management LLC boosted its stake in shares of Kulicke and Soffa Industries by 168.8% during the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock worth $1,631,000 after purchasing an additional 31,048 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Kulicke and Soffa Industries by 2.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 877 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Kulicke and Soffa Industries by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock valued at $5,140,000 after purchasing an additional 11,522 shares during the last quarter. Finally, Jane Street Group LLC raised its position in Kulicke and Soffa Industries by 55.7% in the 1st quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock worth $2,206,000 after purchasing an additional 23,923 shares during the period. 98.22% of the stock is owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Price Performance

Shares of KLIC opened at $105.87 on Wednesday. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 101.80 and a beta of 1.62. 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 50-day moving average of $108.26 and a 200 day moving average of $79.61.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 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 net margin of 7.16% and a return on equity of 7.29%. The company’s revenue for the quarter was up 49.8% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, equities analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share 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. Shareholders of record on Thursday, June 18th will be issued a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 78.85%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Needham & Company LLC boosted their target price on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Kulicke and Soffa Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

Insider Activity at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, Director Peter T. M. Kong sold 1,551 shares of Kulicke and Soffa Industries 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 sale, the director directly owned 100,009 shares of the company’s stock, valued at $11,000,990. The trade was a 1.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Nelson Munpun Wong sold 15,000 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $113.72, for a total value of $1,705,800.00. Following the completion of the sale, the senior vice president owned 71,369 shares of the company’s stock, valued at $8,116,082.68. This represents a 17.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 98,051 shares of company stock worth $11,333,480 over the last three months. Corporate insiders own 1.20% 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.