Pacer Advisors Inc. Lowers Holdings in Kulicke and Soffa Industries, Inc. $KLIC

Pacer Advisors Inc. lowered its holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 37.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 143,851 shares of the semiconductor company’s stock after selling 87,731 shares during the period. Pacer Advisors Inc.’s holdings in Kulicke and Soffa Industries were worth $5,846,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the business. Creative Planning lifted its stake in Kulicke and Soffa Industries by 63.3% in the second quarter. Creative Planning now owns 56,706 shares of the semiconductor company’s stock worth $1,962,000 after acquiring an additional 21,983 shares during the last quarter. Copeland Capital Management LLC raised its holdings in shares of Kulicke and Soffa Industries by 14.5% in the 2nd quarter. Copeland Capital Management LLC now owns 1,645,508 shares of the semiconductor company’s stock valued at $56,935,000 after purchasing an additional 207,899 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Kulicke and Soffa Industries by 134.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 18,858 shares of the semiconductor company’s stock valued at $693,000 after purchasing an additional 10,826 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Kulicke and Soffa Industries by 20.4% during the 2nd quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock worth $80,043,000 after purchasing an additional 392,691 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in shares of Kulicke and Soffa Industries by 21.0% during the second quarter. Harbor Capital Advisors Inc. now owns 45,945 shares of the semiconductor company’s stock worth $1,590,000 after purchasing an additional 7,974 shares in the last quarter. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Nelson Munpun Wong sold 5,004 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $50.07, for a total transaction of $250,550.28. Following the transaction, the senior vice president owned 156,369 shares of the company’s stock, valued at $7,829,395.83. This trade represents a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Zi Yao Lim sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $45.00, for a total value of $45,000.00. Following the sale, the general counsel directly owned 23,714 shares of the company’s stock, valued at approximately $1,067,130. This represents a 4.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.40% of the company’s stock.

Kulicke and Soffa Industries Stock Down 1.0%

NASDAQ:KLIC opened at $46.29 on Tuesday. The company has a market capitalization of $2.42 billion, a PE ratio of -2,313.34 and a beta of 1.63. Kulicke and Soffa Industries, Inc. has a 52-week low of $26.63 and a 52-week high of $50.19. The stock’s 50 day moving average price is $42.82 and its 200 day moving average price is $39.18.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings data on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.06. The business had revenue of $177.56 million during the quarter, compared to the consensus estimate of $169.84 million. Kulicke and Soffa Industries had a negative return on equity of 1.64% and a net margin of 0.03%.The company’s revenue was down 2.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.34 earnings per share. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. As a group, sell-side analysts anticipate that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Thursday, December 18th will be given a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Thursday, December 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently -4,100.00%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KLIC. B. Riley restated a “neutral” rating and issued a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Wall Street Zen raised Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 24th. Needham & Company LLC increased their price target on shares of Kulicke and Soffa Industries from $40.00 to $46.00 and gave the company a “buy” rating in a research note on Friday, November 21st. Finally, DA Davidson reissued a “buy” rating and set a $55.00 price objective on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $44.50.

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.