Needham & Company LLC Issues Positive Forecast for Kulicke and Soffa Industries (NASDAQ:KLIC) Stock Price

Kulicke and Soffa Industries (NASDAQ:KLIC) had its price objective increased by Needham & Company LLC from $40.00 to $46.00 in a research report sent to investors on Friday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.

A number of other equities analysts have also recently issued reports on the stock. TD Cowen upped their price target on shares of Kulicke and Soffa Industries from $36.00 to $38.00 and gave the stock a “hold” rating in a research note on Thursday, August 7th. B. Riley raised their price objective on shares of Kulicke and Soffa Industries from $30.00 to $35.00 and gave the company a “neutral” rating in a research note on Friday, October 10th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Kulicke and Soffa Industries presently has an average rating of “Hold” and an average price target of $44.50.

Kulicke and Soffa Industries Stock Performance

Shares of KLIC traded up $1.85 during mid-day trading on Friday, reaching $40.88. The company had a trading volume of 973,605 shares, compared to its average volume of 564,854. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 511.00 and a beta of 1.64. The firm has a 50-day moving average price of $39.85 and a 200 day moving average price of $36.67. Kulicke and Soffa Industries has a 52 week low of $26.63 and a 52 week high of $52.08.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $169.84 million. During the same quarter in the previous year, the business earned $0.34 earnings per share. The firm’s quarterly 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, research analysts forecast that Kulicke and Soffa Industries will post 0.93 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 Tuesday, October 7th. Stockholders of record on Thursday, September 18th were paid a $0.205 dividend. The ex-dividend date was Thursday, September 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.0%. Kulicke and Soffa Industries’s payout ratio is currently -4,100.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. True Wealth Design LLC grew its position in Kulicke and Soffa Industries by 7,609.1% in the 2nd quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 837 shares during the period. Advisory Services Network LLC bought a new position in shares of Kulicke and Soffa Industries during the 3rd quarter valued at $29,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Kulicke and Soffa Industries by 789.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 925 shares of the semiconductor company’s stock worth $32,000 after buying an additional 821 shares during the last quarter. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Kulicke and Soffa Industries in the 3rd quarter worth $33,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Kulicke and Soffa Industries by 2,665.7% in the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 933 shares during the period. Institutional investors own 98.22% of the company’s stock.

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.