Kulicke and Soffa Industries (NASDAQ:KLIC) Shares Gap Up After Earnings Beat

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)’s stock price gapped up prior to trading on Thursday following a better than expected earnings announcement. The stock had previously closed at $35.29, but opened at $40.00. Kulicke and Soffa Industries shares last traded at $40.0050, with a volume of 305,715 shares traded.

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 net margin of 0.90% and a negative return on equity of 1.06%. The company had revenue of $177.56 million during the quarter, compared to analysts’ expectations of $169.84 million. During the same period in the prior year, the business posted $0.34 earnings per share. The firm’s revenue for the quarter was down 2.1% on a year-over-year basis. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS.

Kulicke and Soffa Industries Dividend Announcement

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

Wall Street Analyst Weigh In

KLIC has been the subject of a number of research analyst reports. TD Cowen increased their target price on Kulicke and Soffa Industries from $36.00 to $38.00 and gave the company a “hold” rating in a report on Thursday, August 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research report on Thursday, November 13th. B. Riley raised their price objective on Kulicke and Soffa Industries from $30.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, October 10th. Finally, Needham & Company LLC lifted their target price on shares of Kulicke and Soffa Industries from $37.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, August 7th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $42.00.

Institutional Trading of Kulicke and Soffa Industries

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Advisory Services Network LLC acquired a new position in Kulicke and Soffa Industries in the third quarter valued at approximately $29,000. Foster Dykema Cabot & Partners LLC acquired a new stake in Kulicke and Soffa Industries during the third quarter worth $33,000. True Wealth Design LLC raised its position in Kulicke and Soffa Industries by 7,609.1% in the second quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 837 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in Kulicke and Soffa Industries by 789.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 925 shares of the semiconductor company’s stock valued at $32,000 after purchasing an additional 821 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Kulicke and Soffa Industries by 2,665.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 933 shares during the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Trading Up 13.7%

The firm has a market capitalization of $2.09 billion, a PE ratio of 501.13 and a beta of 1.64. The business has a fifty day moving average price of $39.81 and a two-hundred day moving average price of $36.60.

About Kulicke and Soffa Industries

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.