Financiere des Professionnels Fonds d investissement inc. Buys New Holdings in Kulicke and Soffa Industries, Inc. $KLIC

Financiere des Professionnels Fonds d investissement inc. purchased a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,131 shares of the semiconductor company’s stock, valued at approximately $1,257,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its stake 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 valued at $60,917,000 after purchasing an additional 514,983 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in shares of Kulicke and Soffa Industries by 10.1% during the 1st quarter. Illinois Municipal Retirement Fund now owns 28,177 shares of the semiconductor company’s stock worth $1,852,000 after purchasing an additional 2,595 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in Kulicke and Soffa Industries during the 1st quarter worth approximately $7,599,000. Emerald Mutual Fund Advisers Trust increased its position in Kulicke and Soffa Industries by 8.3% during the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 349,295 shares of the semiconductor company’s stock worth $22,956,000 after purchasing an additional 26,838 shares in the last quarter. Finally, Emerald Advisers LLC raised its holdings in Kulicke and Soffa Industries by 5.5% in the first quarter. Emerald Advisers LLC now owns 568,996 shares of the semiconductor company’s stock valued at $37,394,000 after buying an additional 29,882 shares during the period. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Price Performance

Shares of NASDAQ KLIC opened at $97.22 on Friday. Kulicke and Soffa Industries, Inc. has a 1-year low of $31.32 and a 1-year high of $135.80. The business has a 50-day moving average of $110.75 and a 200-day moving average of $82.73. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 93.48 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, beating the consensus estimate 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 company’s revenue was up 49.8% on a year-over-year basis. During the same period last year, the business posted ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Research 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 was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were given a $0.205 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.82 annualized dividend and a yield of 0.8%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 78.85%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on KLIC shares. Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Needham & Company LLC increased their price objective 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. Finally, Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Kulicke and Soffa Industries presently has a consensus rating of “Hold” and an average price target of $59.25.

Insider Buying and Selling

In other news, CEO Lester A. Wong sold 60,000 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the transaction, the chief executive officer directly owned 50,743 shares of the company’s stock, valued at approximately $6,175,930.53. The trade was a 54.18% decrease in their ownership of the stock. The transaction 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 shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the transaction, the senior vice president owned 71,369 shares of the company’s stock, valued at $8,116,082.68. This trade represents a 17.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 98,051 shares of company stock valued at $11,333,480 over the last three months. Company insiders own 1.20% of the company’s stock.

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.