Kulicke and Soffa Industries, Inc. $KLIC Stock Holdings Increased by Counterpoint Mutual Funds LLC

Key Points

• Counterpoint Mutual Funds increased its Kulicke and Soffa stake by 1,261.7% in the third quarter, bringing its holdings to 116,536 shares valued at approximately $11.0 million. Institutional investors collectively own 98.22% of the company.
• KLIC shares were trading at $78.63, down 5.3%, with the stock well below its 50-day and 200-day moving averages. The company has a market capitalization of $4.11 billion and a 52-week range of $35.02 to $135.80.
• The company exceeded quarterly expectations, reporting $1.20 in EPS and $330.41 million in revenue, while revenue surged 122.6% year over year. Analysts’ consensus rating remains “Hold,” with an average price target of $69.67, and KLIC maintains a $0.205 quarterly dividend.

Counterpoint Mutual Funds LLC boosted its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) by 1,261.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,536 shares of the semiconductor company's stock after buying an additional 107,978 shares during the period. Kulicke and Soffa Industries accounts for approximately 0.9% of Counterpoint Mutual Funds LLC's investment portfolio, making the stock its 11th largest holding. Counterpoint Mutual Funds LLC owned 0.22% of Kulicke and Soffa Industries worth $10,984,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH grew its position in Kulicke and Soffa Industries by 40.2% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 454,215 shares of the semiconductor company's stock valued at $42,810,000 after buying an additional 130,162 shares in the last quarter. Contravisory Investment Management Inc. increased its position in shares of Kulicke and Soffa Industries by 9.4% during the 3rd quarter. Contravisory Investment Management Inc. now owns 5,439 shares of the semiconductor company's stock valued at $513,000 after purchasing an additional 467 shares during the period. GAMMA Investing LLC grew its holdings in Kulicke and Soffa Industries by 10.3% during the third quarter. GAMMA Investing LLC now owns 4,150 shares of the semiconductor company's stock worth $391,000 after acquiring an additional 388 shares during the period. Central Pacific Bank Trust Division lifted its holdings in Kulicke and Soffa Industries by 39.4% in the 3rd quarter. Central Pacific Bank Trust Division now owns 3,009 shares of the semiconductor company's stock valued at $284,000 after acquiring an additional 850 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of Kulicke and Soffa Industries during the 2nd quarter valued at about $286,000. Institutional investors and hedge funds own 98.22% of the company's stock.

Kulicke and Soffa Industries Trading Down 5.3%

Shares of KLIC stock opened at $78.63 on Friday. The firm has a market capitalization of $4.11 billion, a P/E ratio of 36.24 and a beta of 1.55. The firm's fifty day simple moving average is $87.47 and its 200 day simple moving average is $94.92. Kulicke and Soffa Industries, Inc. has a 1 year low of $35.02 and a 1 year high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last released its earnings results 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 business had revenue of $330.41 million during the quarter, compared to analysts' expectations of $308.50 million. During the same quarter last year, the company earned $0.07 earnings per share. The firm'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. Equities research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently commented on KLIC. Weiss Ratings reiterated a "hold (c)" rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th. Needham & Company LLC lifted their price objective on shares of 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. Finally, Zacks Research downgraded Kulicke and Soffa Industries from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 6th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $69.67.

About Kulicke and Soffa Industries

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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