Dimensional Fund Advisors LP Sells 362,161 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Dimensional Fund Advisors LP lessened its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 22.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,241,257 shares of the semiconductor company’s stock after selling 362,161 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Kulicke and Soffa Industries were worth $81,562,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of 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 buying an additional 20,535 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Kulicke and Soffa Industries by 21.1% during the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock worth $81,241,000 after acquiring an additional 409,116 shares in the last quarter. Morgan Stanley increased its position in shares of Kulicke and Soffa Industries by 6.7% during the fourth quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company’s stock worth $56,054,000 after acquiring an additional 77,527 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Kulicke and Soffa Industries by 125.0% in the 1st quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock worth $60,917,000 after acquiring an additional 514,983 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Kulicke and Soffa Industries by 22.3% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 813,669 shares of the semiconductor company’s stock valued at $37,071,000 after acquiring an additional 148,374 shares in the last quarter. Institutional investors own 98.22% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Zacks Research lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Weiss Ratings upgraded 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 lifted 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. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $59.25.

Kulicke and Soffa Industries Price Performance

Shares of KLIC stock opened at $88.32 on Friday. The firm has a 50-day moving average of $110.15 and a 200-day moving average of $86.00. Kulicke and Soffa Industries, Inc. has a one year low of $31.32 and a one year high of $135.80. The company has a market cap of $4.62 billion, a P/E ratio of 84.92 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.12. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The business had revenue of $242.62 million for the quarter, compared to analysts’ expectations of $228.75 million. During the same period in the previous year, the company earned ($0.52) earnings per share. The firm’s revenue for the quarter was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, research analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

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

Insider Transactions at Kulicke and Soffa Industries

In related news, SVP Nelson Munpun Wong sold 15,000 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the sale, the senior vice president directly owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. This trade represents a 17.37% 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, CEO Lester A. Wong sold 60,000 shares of Kulicke and Soffa Industries stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $121.71, for a total value of $7,302,600.00. Following the sale, the chief executive officer owned 50,743 shares in the company, valued at $6,175,930.53. This trade represents a 54.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 98,051 shares of company stock worth $11,333,480. 1.20% of the stock is owned by insiders.

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.