Kovitz Investment Group Partners LLC Invests $3.29 Million in Cohu, Inc. $COHU

Key Points

• Kovitz Investment Group Partners LLC acquired a new stake in Cohu, Inc. with 223,447 shares valued at approximately $3.3 million, increasing its ownership to about 0.48% of the company.
• Cohu's stock is currently trading at $19.53, down 1.7%, with a market capitalization of approximately $911.66 million and a price-to-earnings ratio of -10.44.
• Research analysts have mixed opinions on Cohu, with a consensus rating of "Moderate Buy" and an average target price of $27.17, despite recent reductions in price targets from various firms.

Kovitz Investment Group Partners LLC acquired a new position in shares of Cohu, Inc. (NASDAQ:COHU - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 223,447 shares of the semiconductor company's stock, valued at approximately $3,287,000. Kovitz Investment Group Partners LLC owned about 0.48% of Cohu at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of COHU. LPL Financial LLC grew its stake in Cohu by 10.3% in the 4th quarter. LPL Financial LLC now owns 15,514 shares of the semiconductor company's stock valued at $414,000 after buying an additional 1,452 shares during the last quarter. Wells Fargo & Company MN grew its stake in Cohu by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 77,180 shares of the semiconductor company's stock valued at $2,061,000 after buying an additional 1,480 shares during the last quarter. Invesco Ltd. grew its stake in Cohu by 0.7% in the 4th quarter. Invesco Ltd. now owns 208,108 shares of the semiconductor company's stock valued at $5,556,000 after buying an additional 1,398 shares during the last quarter. Sterling Capital Management LLC grew its stake in Cohu by 826.9% in the 4th quarter. Sterling Capital Management LLC now owns 1,483 shares of the semiconductor company's stock valued at $40,000 after buying an additional 1,323 shares during the last quarter. Finally, Barclays PLC grew its stake in Cohu by 5.1% in the 4th quarter. Barclays PLC now owns 81,523 shares of the semiconductor company's stock valued at $2,176,000 after buying an additional 3,923 shares during the last quarter. 94.67% of the stock is currently owned by institutional investors and hedge funds.

Cohu Stock Performance

Shares of NASDAQ:COHU traded up $1.04 on Friday, reaching $20.48. 276,359 shares of the company's stock were exchanged, compared to its average volume of 401,092. The company has a fifty day moving average of $19.54 and a 200-day moving average of $18.08. Cohu, Inc. has a twelve month low of $12.57 and a twelve month high of $29.42. The company has a market capitalization of $956.01 million, a price-to-earnings ratio of -10.95 and a beta of 1.25. The company has a current ratio of 4.88, a quick ratio of 3.51 and a debt-to-equity ratio of 0.01.

Cohu (NASDAQ:COHU - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $0.02 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.04. Cohu had a negative net margin of 22.11% and a negative return on equity of 3.74%. The company had revenue of $107.68 million during the quarter, compared to the consensus estimate of $106.00 million. During the same quarter in the prior year, the firm posted ($0.01) EPS. The firm's quarterly revenue was up 2.9% on a year-over-year basis. Cohu has set its Q3 2025 guidance at EPS. On average, research analysts predict that Cohu, Inc. will post -0.36 EPS for the current fiscal year.

Analyst Ratings Changes

COHU has been the topic of a number of research reports. Stifel Nicolaus decreased their price target on shares of Cohu from $35.00 to $28.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Wall Street Zen lowered shares of Cohu from a "hold" rating to a "sell" rating in a research note on Tuesday, May 13th. TD Cowen decreased their price target on shares of Cohu from $27.00 to $22.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Finally, Needham & Company LLC restated a "hold" rating on shares of Cohu in a research report on Friday, May 2nd. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Cohu has a consensus rating of "Moderate Buy" and a consensus price target of $27.17.

Cohu Company Profile

Cohu, Inc, through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors.