California State Teachers Retirement System Boosts Stock Holdings in Kulicke and Soffa Industries, Inc. $KLIC

Key Points

• California State Teachers Retirement System increased its KLIC stake by 22.1% in the first quarter, bringing its holdings to 61,216 shares worth approximately $4.0 million. Institutional investors collectively own 98.22% of the company.
• Kulicke and Soffa reported a strong fiscal third quarter, with EPS of $1.20 beating estimates of $1.06 and revenue of $330.4 million surpassing expectations of $308.5 million. Revenue surged 122.6% year over year, supported by improving semiconductor demand.
• Growth prospects remain tied to thermal-compression bonding expansion: management is targeting more than $100 million in fiscal 2026 TCB revenue and about $400 million in annual system capacity. Needham raised its price target to $115, although the broader analyst consensus remains “Hold.”

California State Teachers Retirement System boosted its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 22.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,216 shares of the semiconductor company's stock after buying an additional 11,070 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of Kulicke and Soffa Industries worth $4,023,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of KLIC. Vanguard Group Inc. raised its stake in shares of Kulicke and Soffa Industries by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company's stock worth $160,053,000 after acquiring an additional 20,535 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in Kulicke and Soffa Industries by 21.1% in the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company's stock valued at $81,241,000 after acquiring an additional 409,116 shares in the last quarter. Morgan Stanley grew its holdings in Kulicke and Soffa Industries by 6.7% in the fourth quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company's stock worth $56,054,000 after purchasing an additional 77,527 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Kulicke and Soffa Industries by 125.0% in 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 during the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of Kulicke and Soffa Industries by 22.3% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 813,669 shares of the semiconductor company's stock worth $37,071,000 after purchasing an additional 148,374 shares in the last quarter. Institutional investors own 98.22% of the company's stock.

Kulicke and Soffa Industries News Summary

Here are the key news stories impacting Kulicke and Soffa Industries this week:

• Positive Sentiment: Quarterly results exceeded expectations. Kulicke and Soffa reported fiscal Q3 earnings of $1.20 per share, compared with the $1.06 consensus estimate, while revenue reached $330.4 million versus expectations of $308.5 million. Revenue increased 122.6% year over year, and earnings rose substantially from $0.07 per share in the prior-year quarter. Kulicke and Soffa Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Thermal-compression bonding demand is accelerating. Management is expanding TCB capacity as customer demand rebounds, targeting more than $100 million in fiscal 2026 TCB revenue and approximately $400 million in annual system capacity. This supports expectations for continued growth in advanced semiconductor packaging. KLIC Earnings Call Highlights TCB Capacity Expansion
• Positive Sentiment: Needham raised its price target. Needham & Company lifted its target from $105 to $115 and maintained a “Buy” rating, signaling increased confidence in KLIC’s earnings recovery and growth outlook. Needham Raises Kulicke and Soffa Price Target
• Neutral Sentiment: Improving sales and inventory trends provide additional support. Recent coverage highlights stronger sales and improving inventory levels, although investors will continue to monitor whether the semiconductor-cycle recovery broadens and remains durable. Kulicke and Soffa Strong Sales and Improving Inventory

Kulicke and Soffa Industries Trading Up 0.7%

Shares of KLIC stock opened at $91.31 on Friday. Kulicke and Soffa Industries, Inc. has a twelve month low of $34.56 and a twelve month high of $135.80. The stock has a market cap of $4.78 billion, a P/E ratio of 42.08 and a beta of 1.67. The stock has a 50 day moving average of $108.54 and a 200 day moving average of $87.24.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.14. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.The firm had revenue of $330.41 million for the quarter, compared to analysts' expectations of $308.50 million. During the same period last year, the firm earned $0.07 EPS. The company's quarterly revenue 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, research analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were given a dividend of $0.205 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.9%. Kulicke and Soffa Industries's payout ratio is presently 37.79%.

Insider Activity at Kulicke and Soffa Industries

In other news, General Counsel Zi Yao Lim sold 1,500 shares of the company's stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total value of $154,470.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 approximately $6,175,930.53. The trade was a 54.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 98,051 shares of company stock worth $11,333,480 in the last 90 days. 1.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

KLIC has been the subject of several recent analyst reports. Needham & Company LLC raised their price target on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday. Zacks Research lowered shares of Kulicke and Soffa Industries from a "strong-buy" rating to a "hold" rating in a research report 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 research note on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Kulicke and Soffa Industries presently has an average rating of "Hold" and an average target price of $69.67.

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.

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