Kulicke and Soffa Industries, Inc. $KLIC Stock: Capstone Capital Management Ltd Raises Position

Capstone Capital Management Ltd lifted its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Free Report) by 233.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,999 shares of the semiconductor company’s stock after purchasing an additional 9,099 shares during the quarter. Capstone Capital Management Ltd’s holdings in Kulicke and Soffa Industries were worth $1,225,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Nisa Investment Advisors LLC grew its holdings in shares of Kulicke and Soffa Industries by 66.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,837 shares of the semiconductor company’s stock worth $268,000 after purchasing an additional 1,134 shares during the period. AMI Asset Management Corp purchased a new stake in shares of Kulicke and Soffa Industries in the third quarter worth about $651,000. CWA Asset Management Group LLC raised its holdings in shares of Kulicke and Soffa Industries by 64.2% during the 3rd quarter. CWA Asset Management Group LLC now owns 27,157 shares of the semiconductor company’s stock valued at $2,560,000 after buying an additional 10,621 shares during the period. Counterpoint Mutual Funds LLC boosted its holdings in Kulicke and Soffa Industries by 1,261.7% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 116,536 shares of the semiconductor company’s stock worth $10,984,000 after acquiring an additional 107,978 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH raised its stake in shares of Kulicke and Soffa Industries by 40.2% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 454,215 shares of the semiconductor company’s stock valued at $42,810,000 after purchasing an additional 130,162 shares during the period. Institutional investors and hedge funds own 98.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on KLIC. B. Riley Financial cut their price target on Kulicke and Soffa Industries from $105.00 to $86.00 and set a “neutral” rating on the stock in a research note on Tuesday. Needham & Company LLC boosted their price target on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research note on Friday, August 7th. Finally, Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $85.33.

Read Our Latest Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries Trading Down 1.1%

NASDAQ KLIC opened at $80.43 on Wednesday. Kulicke and Soffa Industries, Inc. has a 1 year low of $35.02 and a 1 year high of $135.80. The stock’s 50-day moving average price is $87.15 and its two-hundred day moving average price is $95.36. The company has a market cap of $4.21 billion, a PE ratio of 37.06 and a beta of 1.55.

Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.14. The firm had revenue of $330.41 million for the quarter, compared to analyst estimates of $308.50 million. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The company’s revenue for the quarter was up 122.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 earnings per share. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Research analysts forecast that Kulicke and Soffa Industries, Inc. will post 3.38 EPS 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. Investors of record on Thursday, September 17th were given a dividend of $0.2050 per share. The ex-dividend date was Thursday, September 17th. This represents a $0.82 annualized dividend and a yield of 1.0%. Kulicke and Soffa Industries’s dividend payout ratio is 37.79%.

Kulicke and Soffa Industries Profile

(Free Report)

Kulicke and Soffa Industries, Ltd. (NASDAQ: KLIC) designs, manufactures and supports equipment used in the assembly and packaging of semiconductor and electronic components. Its technologies help manufacturers connect semiconductor dies to packages, attach and assemble components, and produce finished devices for use in electronics, communications, automotive, industrial and other applications.

The company’s product portfolio includes wire bonding equipment, die attach systems, wedge bonding solutions and related tools, materials and services.

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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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