Sei Investments Co. Increases Stock Position in Kulicke and Soffa Industries, Inc. $KLIC

Sei Investments Co. boosted its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 70.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 221,358 shares of the semiconductor company’s stock after acquiring an additional 91,711 shares during the quarter. Sei Investments Co.’s holdings in Kulicke and Soffa Industries were worth $14,547,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Cetera Investment Advisers lifted its holdings in shares of Kulicke and Soffa Industries by 10.7% in the 1st quarter. Cetera Investment Advisers now owns 18,213 shares of the semiconductor company’s stock worth $1,197,000 after acquiring an additional 1,765 shares during the last quarter. Swiss National Bank increased its holdings in Kulicke and Soffa Industries by 0.8% in the 1st quarter. Swiss National Bank now owns 103,600 shares of the semiconductor company’s stock valued at $6,809,000 after purchasing an additional 800 shares during the last quarter. Assetmark Inc. raised its position in Kulicke and Soffa Industries by 9.1% in the first quarter. Assetmark Inc. now owns 32,606 shares of the semiconductor company’s stock valued at $2,143,000 after purchasing an additional 2,717 shares during the period. Financiere des Professionnels Fonds d investissement inc. acquired a new position in Kulicke and Soffa Industries during the first quarter worth $1,257,000. Finally, Bank of New York Mellon Corp lifted its stake in Kulicke and Soffa Industries by 125.0% during the first quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock worth $60,917,000 after purchasing an additional 514,983 shares in the last quarter. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Trading Up 6.6%

Shares of NASDAQ:KLIC opened at $88.32 on Friday. Kulicke and Soffa Industries, Inc. has a 52 week low of $31.32 and a 52 week high of $135.80. The company’s 50 day moving average is $110.15 and its two-hundred day moving average is $86.00. The company has a market cap of $4.62 billion, a PE ratio of 84.92 and a beta of 1.62.

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

Kulicke and Soffa Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is 78.85%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on KLIC shares. Needham & Company LLC raised their price target on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Zacks Research lowered shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $59.25.

Insider Activity at Kulicke and Soffa Industries

In other news, SVP Nelson Munpun Wong sold 15,000 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the transaction, the senior vice president directly owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. This represents a 17.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Peter T. M. Kong sold 1,551 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $110.00, for a total value of $170,610.00. Following the transaction, the director directly owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. This represents a 1.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 98,051 shares of company stock worth $11,333,480 over the last three months. Company insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Company 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.