Fort Washington Investment Advisors Inc. OH Acquires 130,162 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Key Points

• Fort Washington Investment Advisors increased its Kulicke and Soffa Industries stake by 40.2% in the third quarter, acquiring 130,162 shares and bringing its total holdings to 454,215 shares valued at approximately $42.8 million.
• Institutional investors own 98.22% of KLIC’s outstanding stock, while Wall Street sentiment remains mixed: two analysts rate it Buy and three rate it Hold, producing an average “Hold” rating and a $69.67 price target.
• Kulicke and Soffa reported strong quarterly results, with earnings of $1.20 per share and revenue of $330.41 million, up 122.6% year over year and exceeding analyst estimates. The company also declared a quarterly dividend of $0.205 per share, equivalent to a 1.0% annualized yield.

Fort Washington Investment Advisors Inc. OH raised its holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 40.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 454,215 shares of the semiconductor company's stock after acquiring an additional 130,162 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned about 0.87% of Kulicke and Soffa Industries worth $42,810,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Summit Securities Group LLC acquired a new position in shares of Kulicke and Soffa Industries in the 1st quarter valued at $26,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Kulicke and Soffa Industries in the 2nd quarter worth $28,000. Kilter Group LLC acquired a new stake in shares of Kulicke and Soffa Industries during the second quarter worth $42,000. USA Financial Formulas acquired a new stake in shares of Kulicke and Soffa Industries during the first quarter worth $44,000. Finally, GHP Investment Advisors Inc. acquired a new stake in shares of Kulicke and Soffa Industries during the first quarter worth $58,000. Institutional investors and hedge funds own 98.22% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on KLIC shares. Needham & Company LLC increased their target price on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Weiss Ratings restated a "hold (c)" rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. Finally, Zacks Research lowered Kulicke and Soffa Industries from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, October 6th. 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, the company has an average rating of "Hold" and an average target price of $69.67.

Kulicke and Soffa Industries Stock Performance

Shares of KLIC stock opened at $84.51 on Thursday. The company has a market capitalization of $4.42 billion, a P/E ratio of 38.50 and a beta of 1.55. The company's 50 day moving average price is $87.87 and its two-hundred day moving average price is $94.90. Kulicke and Soffa Industries, Inc. has a 52 week low of $35.02 and a 52 week high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $330.41 million for the quarter, compared to analyst estimates of $308.50 million. During the same quarter in the previous year, the firm posted $0.07 earnings per share. The business's 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. Analysts forecast that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Investors of record on Thursday, September 17th were given a dividend of $0.2050 per share. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $0.82 annualized dividend and a yield of 1.0%. Kulicke and Soffa Industries's dividend payout ratio is 37.79%.

Kulicke and Soffa Industries Profile

Kulicke and Soffa Industries, Inc NASDAQ: KLIC develops and manufactures semiconductor and electronic assembly equipment. Its products are used in the back-end manufacturing stage, where semiconductor devices are assembled, connected, and packaged for use in electronic products.

The company's offerings include ball bonders, wedge bonders, die attach equipment, advanced packaging systems, and related tools and consumables. These solutions support applications such as power semiconductors, automotive electronics, communications equipment, integrated circuits, light-emitting diodes, and other semiconductor devices.

Founded in 1951, Kulicke and Soffa serves semiconductor manufacturers, outsourced semiconductor assembly and test providers, and electronics producers worldwide.

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