Kulicke and Soffa Industries (NASDAQ:KLIC) Hits New 12-Month High – Here’s What Happened
by Danessa Lincoln · The Markets DailyKulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $50.81 and last traded at $50.57, with a volume of 124144 shares traded. The stock had previously closed at $48.35.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on KLIC shares. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 24th. Wall Street Zen upgraded Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a report on Monday, December 29th. Needham & Company LLC raised their price objective on Kulicke and Soffa Industries from $46.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, B. Riley reiterated a “neutral” rating and issued a $39.00 target price (up previously from $35.00) on shares of Kulicke and Soffa Industries in a research 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $47.25.
Get Our Latest Analysis on KLIC
Kulicke and Soffa Industries Trading Up 4.4%
The company has a market capitalization of $2.81 billion, a P/E ratio of -2,679.16 and a beta of 1.63. The stock has a 50 day moving average price of $43.81 and a 200 day moving average price of $39.78.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last issued its quarterly earnings data on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.06. The business had revenue of $177.56 million for the quarter, compared to analyst estimates of $169.84 million. Kulicke and Soffa Industries had a negative return on equity of 1.64% and a net margin of 0.03%.Kulicke and Soffa Industries’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 EPS. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. On average, research analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.
Kulicke and Soffa Industries Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Thursday, December 18th were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis 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 Activity at Kulicke and Soffa Industries
In related news, General Counsel Zi Yao Lim sold 1,000 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $45.00, for a total transaction of $45,000.00. Following the sale, the general counsel directly owned 23,714 shares in the company, valued at $1,067,130. This trade represents a 4.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Nelson Munpun Wong sold 5,004 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $50.07, for a total transaction of $250,550.28. Following the completion of the transaction, the senior vice president owned 156,369 shares of the company’s stock, valued at approximately $7,829,395.83. This trade represents a 3.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.40% of the stock is owned by company insiders.
Institutional Investors Weigh In On Kulicke and Soffa Industries
Institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its stake in Kulicke and Soffa Industries by 9.6% in the fourth quarter. GAMMA Investing LLC now owns 3,427 shares of the semiconductor company’s stock worth $156,000 after buying an additional 299 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of Kulicke and Soffa Industries by 1.3% in the 3rd quarter. Teacher Retirement System of Texas now owns 24,655 shares of the semiconductor company’s stock worth $1,002,000 after acquiring an additional 323 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Kulicke and Soffa Industries by 1.7% in the 2nd quarter. Baird Financial Group Inc. now owns 22,897 shares of the semiconductor company’s stock worth $792,000 after acquiring an additional 382 shares during the last quarter. Ifrah Financial Services Inc. boosted its stake in shares of Kulicke and Soffa Industries by 3.0% in the 2nd quarter. Ifrah Financial Services Inc. now owns 13,433 shares of the semiconductor company’s stock valued at $465,000 after purchasing an additional 386 shares in the last quarter. Finally, Strs Ohio grew its holdings in shares of Kulicke and Soffa Industries by 5.1% during the 3rd quarter. Strs Ohio now owns 8,300 shares of the semiconductor company’s stock valued at $337,000 after purchasing an additional 400 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.
Kulicke and Soffa Industries Company Profile
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.