Kulicke and Soffa Industries, Inc. $KLIC Stock Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH increased its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 40.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 454,215 shares of the semiconductor company’s stock after purchasing an additional 130,162 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Kulicke and Soffa Industries were worth $42,810,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KLIC. Bank of America Corp DE bought a new position in shares of Kulicke and Soffa Industries in the 2nd quarter valued at about $32,721,000. Louisiana State Employees Retirement System acquired a new position in shares of Kulicke and Soffa Industries during the 1st quarter worth about $1,525,000. HighTower Advisors LLC increased its stake in shares of Kulicke and Soffa Industries by 362.7% during the 2nd quarter. HighTower Advisors LLC now owns 37,484 shares of the semiconductor company’s stock worth $5,014,000 after purchasing an additional 29,383 shares during the last quarter. Wellington Management Group LLP bought a new stake in shares of Kulicke and Soffa Industries in the 2nd quarter valued at about $26,086,000. Finally, Hsbc Holdings PLC bought a new stake in shares of Kulicke and Soffa Industries in the 4th quarter valued at about $535,000. 98.22% of the stock is owned by institutional investors.

Kulicke and Soffa Industries Stock Down 4.6%

Kulicke and Soffa Industries stock opened at $84.51 on Thursday. Kulicke and Soffa Industries, Inc. has a twelve month low of $35.02 and a twelve month high of $135.80. The stock has a market cap of $4.42 billion, a P/E ratio of 38.50 and a beta of 1.55. The company’s 50-day moving average price is $87.87 and its two-hundred day moving average price is $94.90.

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

Kulicke and Soffa Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, September 17th were issued a dividend of $0.2050 per share. The ex-dividend date was Thursday, September 17th. This represents a $0.82 annualized dividend and a dividend yield of 1.0%. Kulicke and Soffa Industries’s dividend payout ratio is 37.79%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research note on Friday, August 7th. Zacks Research cut Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Finally, Needham & Company LLC boosted their price target on 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. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $69.67.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Inc (NASDAQ: KLIC) develops and manufactures semiconductor and electronic assembly equipment. Its products are used in the back-end manufacturing stage, where semiconductor devices are assembled, connected, and packaged for use in electronic products.

The company’s offerings include ball bonders, wedge bonders, die attach equipment, advanced packaging systems, and related tools and consumables. These solutions support applications such as power semiconductors, automotive electronics, communications equipment, integrated circuits, light-emitting diodes, and other semiconductor devices.

Founded in 1951, Kulicke and Soffa serves semiconductor manufacturers, outsourced semiconductor assembly and test providers, and electronics producers worldwide.