Kulicke and Soffa Industries (NASDAQ:KLIC) Posts Quarterly Earnings Results, Beats Expectations By $0.14 EPS

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) announced its earnings results on Wednesday. The semiconductor company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.06 by $0.14, FiscalAI reports. The company had revenue of $330.41 million during the quarter, compared to the consensus estimate of $308.50 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The firm’s revenue for the quarter was up 122.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.07 earnings per share. Kulicke and Soffa Industries updated its Q4 2026 guidance to 1.278-1.562 EPS.

Kulicke and Soffa Industries Stock Performance

NASDAQ:KLIC traded down $0.01 during trading on Wednesday, reaching $93.84. The company’s stock had a trading volume of 1,252,528 shares, compared to its average volume of 989,533. The firm has a market cap of $4.91 billion, a price-to-earnings ratio of 90.23 and a beta of 1.67. The firm has a 50 day moving average of $109.04 and a 200-day moving average of $86.98. Kulicke and Soffa Industries has a 12 month low of $31.32 and a 12 month high of $135.80.

Kulicke and Soffa Industries Dividend Announcement

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

Insider Activity

In related news, Director Mui Sung Yeo sold 20,000 shares of the stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the completion of the transaction, the director owned 59,197 shares in the company, valued at approximately $5,919,700. This represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lester A. Wong sold 60,000 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the sale, the chief executive officer owned 50,743 shares of the company’s stock, valued at $6,175,930.53. This trade represents a 54.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 98,051 shares of company stock worth $11,333,480. 1.20% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. increased its stake in shares of Kulicke and Soffa Industries by 347.9% during the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after purchasing an additional 595,753 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Kulicke and Soffa Industries by 35.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,024 shares of the semiconductor company’s stock worth $411,000 after purchasing an additional 2,340 shares during the period. Vident Advisory LLC purchased a new position in Kulicke and Soffa Industries in the fourth quarter valued at approximately $633,000. Zacks Investment Management purchased a new position in Kulicke and Soffa Industries in the fourth quarter valued at approximately $3,700,000. Finally, Cinctive Capital Management LP purchased a new position in Kulicke and Soffa Industries in the fourth quarter valued at approximately $3,152,000. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Zacks Research cut shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Needham & Company LLC upped their price objective on shares of 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. Finally, Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Kulicke and Soffa Industries has a consensus rating of “Hold” and an average target price of $59.25.

Read Our Latest Stock Analysis on Kulicke and Soffa Industries

About Kulicke and Soffa Industries

(Get Free Report)

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.

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Earnings History for Kulicke and Soffa Industries (NASDAQ:KLIC)

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