Amundi Trims Position in Kulicke and Soffa Industries, Inc. $KLIC

Key Points

• Amundi reduced its Kulicke and Soffa stake by 28.9% in the second quarter, selling 16,932 shares and retaining 41,728 shares valued at approximately $5.6 million. Institutional investors collectively own 98.22% of the company.
• Kulicke and Soffa reported strong quarterly results, with EPS of $1.20 versus the $1.06 consensus and revenue of $330.4 million, up 122.6% year over year. The company issued fourth-quarter 2026 EPS guidance of $1.278–$1.562.
• The company declared a quarterly dividend of $0.205 per share, equivalent to an annualized $0.82 dividend and a 1.0% yield. Analyst sentiment remains a “Moderate Buy,” while Needham raised its price target to $115.

Amundi trimmed its holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 28.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 41,728 shares of the semiconductor company's stock after selling 16,932 shares during the period. Amundi owned 0.08% of Kulicke and Soffa Industries worth $5,582,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in KLIC. Summit Securities Group LLC purchased a new stake in Kulicke and Soffa Industries during the 1st quarter worth $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Kulicke and Soffa Industries during the 2nd quarter worth approximately $28,000. Advisory Services Network LLC acquired a new position in shares of Kulicke and Soffa Industries in the 3rd quarter valued at approximately $29,000. Meeder Asset Management Inc. acquired a new position in shares of Kulicke and Soffa Industries in the 4th quarter valued at approximately $30,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Kulicke and Soffa Industries by 2,665.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company's stock valued at $33,000 after buying an additional 933 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company's stock.

Kulicke and Soffa Industries Trading Up 3.8%

Shares of Kulicke and Soffa Industries stock opened at $86.13 on Friday. The company's 50-day moving average price is $93.16 and its two-hundred day moving average price is $91.05. Kulicke and Soffa Industries, Inc. has a 52 week low of $35.02 and a 52 week high of $135.80. The stock has a market cap of $4.51 billion, a PE ratio of 39.69 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.14. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The company had revenue of $330.41 million during the quarter, compared to analyst estimates of $308.50 million. During the same quarter last year, the firm posted $0.07 EPS. The business's revenue for the quarter was up 122.6% on a year-over-year basis. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Thursday, September 17th will be issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, September 17th. Kulicke and Soffa Industries's payout ratio is presently 37.79%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on KLIC. Zacks Research raised shares of Kulicke and Soffa Industries from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 11th. Weiss Ratings reissued a "hold (c)" rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. Finally, Needham & Company LLC boosted their price objective on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Kulicke and Soffa Industries presently has an average rating of "Moderate Buy" and an average target price of $69.67.

Insider Activity

In other news, CEO Lester Wong sold 60,000 shares of the business's stock in a transaction on 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 directly owned 50,743 shares of the company's stock, valued at $6,175,930.53. The trade was a 54.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.20% of the stock is owned by insiders.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Ltd. develops and manufactures equipment and tools used in semiconductor and electronic assembly. Its solutions support the packaging, interconnection and assembly of integrated circuits, light-emitting diodes and other electronic components.

The company's product portfolio includes wire bonding systems, wedge bonders, die attach equipment, advanced packaging systems and related consumables. Its technologies are used in applications such as automotive electronics, consumer electronics, communications, computing, power semiconductors and optoelectronics.

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