Kulicke and Soffa Industries’ (KLIC) Neutral Rating Reaffirmed at B. Riley

B. Riley reiterated their neutral rating on shares of Kulicke and Soffa Industries (NASDAQ:KLIC) in a research report sent to investors on Friday morning,Benzinga reports. The brokerage currently has a $39.00 target price on the semiconductor company’s stock, up from their previous target price of $35.00.

Several other research analysts also recently commented on KLIC. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research note on Wednesday. Needham & Company LLC raised their target price on shares of Kulicke and Soffa Industries from $40.00 to $46.00 and gave the stock a “buy” rating in a research report on Friday. Finally, TD Cowen lifted their price target on shares of Kulicke and Soffa Industries from $36.00 to $38.00 and gave the company a “hold” rating in a research note on Thursday, August 7th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Kulicke and Soffa Industries currently has a consensus rating of “Hold” and an average target price of $44.50.

Kulicke and Soffa Industries Trading Up 4.7%

Shares of KLIC stock traded up $1.85 on Friday, reaching $40.88. 973,605 shares of the company’s stock were exchanged, compared to its average volume of 564,854. The company’s fifty day simple moving average is $39.85 and its 200 day simple moving average is $36.67. Kulicke and Soffa Industries has a 52 week low of $26.63 and a 52 week high of $52.08. The stock has a market capitalization of $2.13 billion, a PE ratio of 511.00 and a beta of 1.64.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results 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. Kulicke and Soffa Industries had a negative return on equity of 1.06% and a net margin of 0.90%.The business had revenue of $177.56 million for the quarter, compared to analyst estimates of $169.84 million. During the same quarter last year, the firm posted $0.34 earnings per share. The business’s revenue was down 2.1% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. As a group, sell-side analysts predict that Kulicke and Soffa Industries will post 0.93 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 7th. Investors of record on Thursday, September 18th were given a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, September 18th. This represents a $0.82 dividend on an annualized basis and a yield of 2.0%. Kulicke and Soffa Industries’s dividend payout ratio is presently -4,100.00%.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Several institutional investors and hedge funds have recently bought and sold shares of KLIC. Jacobs Levy Equity Management Inc. boosted its position in shares of Kulicke and Soffa Industries by 541.4% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock worth $27,038,000 after purchasing an additional 561,571 shares in the last quarter. Invesco Ltd. increased its position in Kulicke and Soffa Industries by 188.4% during the 1st quarter. Invesco Ltd. now owns 681,407 shares of the semiconductor company’s stock valued at $22,473,000 after buying an additional 445,148 shares in the last quarter. Fort Washington Investment Advisors Inc. OH acquired a new stake in Kulicke and Soffa Industries in the third quarter worth about $17,532,000. Woodline Partners LP grew its stake in shares of Kulicke and Soffa Industries by 1,401.7% during the first quarter. Woodline Partners LP now owns 438,667 shares of the semiconductor company’s stock worth $14,467,000 after acquiring an additional 409,456 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Kulicke and Soffa Industries by 21.1% during the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after acquiring an additional 409,116 shares in the last quarter. 98.22% of the stock is owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.