Kulicke and Soffa Industries, Inc. $KLIC Stock Bought by Bridge City Capital LLC

Key Points

• Bridge City Capital increased its KLIC position by 13.8% in the third quarter, holding 113,017 shares worth approximately $10.65 million. Institutional investors collectively own 98.22% of the company.
• Analyst sentiment is mixed, with two Buy ratings and three Hold ratings. Kulicke and Soffa has a consensus Hold rating and an average price target of $85.33.
• KLIC reported quarterly EPS of $1.20 and revenue of $330.41 million, exceeding estimates, while revenue surged 122.6% year over year. The company also pays a quarterly dividend of $0.205, representing a 1.1% annual yield.

Bridge City Capital LLC raised its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 13.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 113,017 shares of the semiconductor company's stock after buying an additional 13,686 shares during the period. Kulicke and Soffa Industries comprises about 2.2% of Bridge City Capital LLC's holdings, making the stock its 3rd largest holding. Bridge City Capital LLC owned about 0.22% of Kulicke and Soffa Industries worth $10,652,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of KLIC. Summit Securities Group LLC acquired a new position in Kulicke and Soffa Industries in the first quarter valued at approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Kulicke and Soffa Industries during the 2nd quarter worth about $28,000. Kilter Group LLC purchased a new stake in Kulicke and Soffa Industries in the 2nd quarter valued at about $42,000. USA Financial Formulas acquired a new position in shares of Kulicke and Soffa Industries in the 1st quarter valued at about $44,000. Finally, NewEdge Advisors LLC lifted its position in Kulicke and Soffa Industries by 2,774.2% during the 1st quarter. NewEdge Advisors LLC now owns 891 shares of the semiconductor company's stock worth $59,000 after acquiring an additional 860 shares in the last quarter. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on KLIC. B. Riley Financial cut their target price on Kulicke and Soffa Industries from $105.00 to $86.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 20th. Needham & Company LLC raised their price objective on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Weiss Ratings reissued a "hold (c)" rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th. Finally, Zacks Research downgraded shares of Kulicke and Soffa Industries from a "strong-buy" rating to a "hold" rating in a research note 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, Kulicke and Soffa Industries currently has a consensus rating of "Hold" and a consensus price target of $85.33.

Kulicke and Soffa Industries Stock Performance

NASDAQ:KLIC opened at $74.21 on Monday. The firm's 50-day simple moving average is $84.73 and its 200 day simple moving average is $86.16. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 34.20 and a beta of 1.65. 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 posted its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, topping 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 business had revenue of $330.41 million for the quarter, compared to the consensus estimate of $308.50 million. During the same period last year, the company earned $0.07 EPS. The firm's revenue was up 122.6% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Sell-side analysts anticipate that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, September 17th were paid a $0.2050 dividend. This represents a $0.82 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, September 17th. Kulicke and Soffa Industries's dividend payout ratio is 37.79%.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Ltd. NASDAQ: KLIC designs, manufactures and supports equipment used in the assembly and packaging of semiconductor and electronic components. Its technologies help manufacturers connect semiconductor dies to packages, attach and assemble components, and produce finished devices for use in electronics, communications, automotive, industrial and other applications.

The company's product portfolio includes wire bonding equipment, die attach systems, wedge bonding solutions and related tools, materials and services.

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