Systematic Financial Management LP Grows Stake in Cohu, Inc. $COHU

Key Points

• Systematic Financial Management LP increased its holdings in Cohu, Inc. by 1.9%, owning 939,784 shares valued at approximately $13.8 million as of the latest SEC filing.
• Several institutional investors made significant changes to their positions in Cohu, with Sterling Capital Management LLC notably increasing their stake by 826.9% in the fourth quarter.
• Cohu reported better-than-expected quarterly earnings, with an EPS of $0.02, surpassing the consensus estimate of ($0.02) and showing a 2.9% year-over-year revenue increase.

Systematic Financial Management LP increased its stake in shares of Cohu, Inc. (NASDAQ:COHU - Free Report) by 1.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 939,784 shares of the semiconductor company's stock after acquiring an additional 17,678 shares during the period. Systematic Financial Management LP owned about 2.02% of Cohu worth $13,824,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of COHU. Victory Capital Management Inc. grew its holdings in Cohu by 18.6% during the first quarter. Victory Capital Management Inc. now owns 3,731,981 shares of the semiconductor company's stock worth $54,897,000 after acquiring an additional 585,234 shares during the period. Frontier Capital Management Co. LLC boosted its position in Cohu by 52.2% during the fourth quarter. Frontier Capital Management Co. LLC now owns 1,139,325 shares of the semiconductor company's stock worth $30,420,000 after purchasing an additional 390,558 shares in the last quarter. Royce & Associates LP boosted its position in Cohu by 16.4% during the first quarter. Royce & Associates LP now owns 1,679,478 shares of the semiconductor company's stock worth $24,705,000 after purchasing an additional 237,084 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new position in Cohu during the first quarter worth approximately $3,287,000. Finally, Meros Investment Management LP boosted its position in Cohu by 1,701.3% during the fourth quarter. Meros Investment Management LP now owns 180,133 shares of the semiconductor company's stock worth $4,810,000 after purchasing an additional 170,133 shares in the last quarter. 94.67% of the stock is owned by institutional investors and hedge funds.

Cohu Price Performance

Shares of NASDAQ:COHU traded down $0.21 during trading on Monday, reaching $20.27. The stock had a trading volume of 254,607 shares, compared to its average volume of 399,635. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.51 and a current ratio of 4.88. The business has a fifty day moving average price of $19.57 and a 200-day moving average price of $18.03. The stock has a market cap of $946.20 million, a PE ratio of -10.84 and a beta of 1.25. Cohu, Inc. has a 1-year low of $12.57 and a 1-year high of $29.42.

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 (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.04. The firm had revenue of $107.68 million for the quarter, compared to analyst estimates of $106.00 million. Cohu had a negative return on equity of 3.74% and a negative net margin of 22.11%.The business's revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted ($0.01) earnings per share. Cohu has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that Cohu, Inc. will post -0.36 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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