MAI Capital Management Buys 14 Shares of KLA Corporation $KLAC

MAI Capital Management grew its stake in shares of KLA Corporation (NASDAQ:KLAC) by 1.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,365 shares of the semiconductor company’s stock after buying an additional 14 shares during the period. MAI Capital Management’s holdings in KLA were worth $928,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. IFC Advisors LLC boosted its stake in KLA by 4.6% during the 1st quarter. IFC Advisors LLC now owns 342 shares of the semiconductor company’s stock worth $232,000 after acquiring an additional 15 shares during the last quarter. Trust Investment Advisors raised its holdings in KLA by 1.3% in the first quarter. Trust Investment Advisors now owns 1,188 shares of the semiconductor company’s stock worth $808,000 after purchasing an additional 15 shares during the period. Lockerman Financial Group Inc. boosted its position in shares of KLA by 3.8% during the first quarter. Lockerman Financial Group Inc. now owns 438 shares of the semiconductor company’s stock worth $298,000 after purchasing an additional 16 shares in the last quarter. Childress Capital Advisors LLC grew its holdings in shares of KLA by 3.3% in the 1st quarter. Childress Capital Advisors LLC now owns 495 shares of the semiconductor company’s stock valued at $337,000 after buying an additional 16 shares during the period. Finally, Sunflower Bank N.A. increased its position in shares of KLA by 4.7% in the 1st quarter. Sunflower Bank N.A. now owns 381 shares of the semiconductor company’s stock valued at $259,000 after buying an additional 17 shares in the last quarter. 86.65% of the stock is owned by institutional investors.

Insider Activity

In other KLA news, insider Ahmad A. Khan sold 13,716 shares of the company’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $881.50, for a total transaction of $12,090,654.00. Following the sale, the insider directly owned 27,372 shares of the company’s stock, valued at approximately $24,128,418. This represents a 33.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Brian Lorig sold 8,049 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total transaction of $7,354,210.32. Following the completion of the sale, the executive vice president owned 11,479 shares of the company’s stock, valued at approximately $10,488,132.72. This represents a 41.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,605 shares of company stock valued at $29,348,291 in the last ninety days. Corporate insiders own 0.12% of the company’s stock.

KLA Price Performance

NASDAQ:KLAC opened at $843.90 on Thursday. KLA Corporation has a 52-week low of $551.33 and a 52-week high of $959.26. The company has a market cap of $111.36 billion, a P/E ratio of 27.77, a P/E/G ratio of 2.97 and a beta of 1.48. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62. The stock’s 50-day simple moving average is $903.49 and its 200 day simple moving average is $791.85.

KLA (NASDAQ:KLAC) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $9.38 EPS for the quarter, beating the consensus estimate of $8.53 by $0.85. The firm had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.08 billion. KLA had a return on equity of 112.41% and a net margin of 33.41%.The business’s quarterly revenue was up 23.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.60 earnings per share. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. As a group, sell-side analysts forecast that KLA Corporation will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Monday, August 18th were paid a $1.90 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $7.60 annualized dividend and a dividend yield of 0.9%. KLA’s dividend payout ratio (DPR) is currently 25.01%.

Analyst Ratings Changes

Several research firms have weighed in on KLAC. Cantor Fitzgerald reiterated an “overweight” rating on shares of KLA in a report on Tuesday, June 24th. UBS Group boosted their price objective on KLA from $775.00 to $960.00 and gave the company a “neutral” rating in a research report on Monday, July 21st. Deutsche Bank Aktiengesellschaft downgraded shares of KLA from a “buy” rating to a “hold” rating and set a $790.00 target price on the stock. in a report on Tuesday, May 20th. Stifel Nicolaus upped their price target on shares of KLA from $770.00 to $922.00 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, The Goldman Sachs Group started coverage on shares of KLA in a research report on Thursday, July 10th. They set a “neutral” rating and a $980.00 price objective for the company. Eight equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $890.59.

KLA Profile

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.