Ceredex Value Advisors LLC Purchases Shares of 107,600 Kulicke and Soffa Industries, Inc. $KLIC

Ceredex Value Advisors LLC acquired a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 107,600 shares of the semiconductor company’s stock, valued at approximately $14,393,000.

Several other institutional investors have also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB raised its stake in Kulicke and Soffa Industries by 12.6% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 877 shares of the semiconductor company’s stock valued at $117,000 after purchasing an additional 98 shares during the period. CIBC Asset Management Inc boosted its stake in Kulicke and Soffa Industries by 3.4% in the 4th quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock worth $238,000 after purchasing an additional 171 shares during the period. PNC Financial Services Group Inc. boosted its stake in Kulicke and Soffa Industries by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock worth $344,000 after purchasing an additional 172 shares during the period. ProShare Advisors LLC grew its holdings in Kulicke and Soffa Industries by 2.0% during the 4th quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock valued at $452,000 after buying an additional 198 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in Kulicke and Soffa Industries by 3.0% during the 4th quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock valued at $316,000 after buying an additional 205 shares in the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on KLIC. Weiss Ratings reiterated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th. Needham & Company LLC upped their target price on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Kulicke and Soffa Industries currently has a consensus rating of “Moderate Buy” and an average target price of $69.67.

Insider Buying and Selling at Kulicke and Soffa Industries

In other news, SVP Nelson Munpun Wong sold 15,000 shares of the business’s stock in a transaction on Friday, June 12th. The shares were 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. The trade was a 17.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Peter T. M. Kong sold 1,551 shares of the company’s stock in a transaction dated 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 transaction, the director owned 100,009 shares in the company, valued at approximately $11,000,990. The trade was a 1.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 76,551 shares of company stock valued at $9,179,010 in the last quarter. 1.20% of the stock is owned by insiders.

Kulicke and Soffa Industries Stock Down 1.3%

Shares of NASDAQ:KLIC opened at $85.13 on Friday. Kulicke and Soffa Industries, Inc. has a 52 week low of $35.02 and a 52 week high of $135.80. The stock has a market capitalization of $4.45 billion, a P/E ratio of 39.23 and a beta of 1.67. The firm has a fifty day simple moving average of $106.30 and a two-hundred day simple moving average of $89.63.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.14. The business had revenue of $330.41 million during the quarter, compared to analyst estimates of $308.50 million. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.The company’s revenue for the quarter was up 122.6% on a year-over-year basis. During the same period last year, the company earned $0.07 EPS. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, analysts expect that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were given a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio is 37.79%.

Kulicke and Soffa Industries 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.