Legal & General Group Plc Reduces Holdings in Kulicke and Soffa Industries, Inc. $KLIC

Legal & General Group Plc decreased its position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,444 shares of the semiconductor company’s stock after selling 5,534 shares during the period. Legal & General Group Plc’s holdings in Kulicke and Soffa Industries were worth $6,216,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in KLIC. Royal Bank of Canada grew its stake in shares of Kulicke and Soffa Industries by 10.0% in the 1st quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock valued at $2,118,000 after buying an additional 5,836 shares during the period. AQR Capital Management LLC grew its stake in shares of Kulicke and Soffa Industries by 168.8% in the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock valued at $1,631,000 after buying an additional 31,048 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Kulicke and Soffa Industries by 2.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 877 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Kulicke and Soffa Industries by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock valued at $5,140,000 after buying an additional 11,522 shares during the period. Finally, Jane Street Group LLC grew its stake in shares of Kulicke and Soffa Industries by 55.7% in the 1st quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock valued at $2,206,000 after buying an additional 23,923 shares during the period. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on KLIC. Needham & Company LLC increased their price target on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Finally, Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $59.25.

Insider Activity at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, General Counsel Zi Yao Lim sold 1,500 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $102.98, for a total transaction of $154,470.00. Following the sale, the general counsel directly owned 21,214 shares in the company, valued at $2,184,617.72. This represents a 6.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mui Sung Yeo sold 20,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the sale, the director owned 59,197 shares in the company, valued at approximately $5,919,700. This trade represents a 25.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Stock Performance

Shares of KLIC stock opened at $98.16 on Friday. The firm’s 50 day moving average price is $88.57 and its 200-day moving average price is $67.88. Kulicke and Soffa Industries, Inc. has a one year low of $31.32 and a one year high of $110.78. The firm has a market cap of $5.14 billion, a P/E ratio of 94.38 and a beta of 1.70.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.67 by $0.12. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The firm had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. During the same period in the prior year, the business posted ($0.52) EPS. The business’s revenue for the quarter was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, research analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th will be issued a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio is currently 78.85%.

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.