KLA Corporation $KLAC Stock Acquired by Value Partners Investments Inc.

Value Partners Investments Inc. boosted its stake in KLA Corporation (NASDAQ:KLAC) by 19.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,182 shares of the semiconductor company’s stock after purchasing an additional 4,061 shares during the quarter. Value Partners Investments Inc.’s holdings in KLA were worth $4,921,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Teamwork Financial Advisors LLC raised its stake in KLA by 2.5% during the third quarter. Teamwork Financial Advisors LLC now owns 70,368 shares of the semiconductor company’s stock worth $13,717,000 after purchasing an additional 1,700 shares during the period. Crown Wealth Group LLC boosted its holdings in shares of KLA by 11.0% in the 3rd quarter. Crown Wealth Group LLC now owns 1,207 shares of the semiconductor company’s stock valued at $235,000 after purchasing an additional 120 shares during the last quarter. Prairie Advisory LLC boosted its holdings in shares of KLA by 148.9% in the 3rd quarter. Prairie Advisory LLC now owns 3,064 shares of the semiconductor company’s stock valued at $597,000 after purchasing an additional 1,833 shares during the last quarter. Herold Advisors Inc. boosted its holdings in shares of KLA by 8.7% in the 3rd quarter. Herold Advisors Inc. now owns 8,544 shares of the semiconductor company’s stock valued at $1,665,000 after purchasing an additional 684 shares during the last quarter. Finally, Kaufman Rossin Wealth LLC purchased a new stake in shares of KLA during the 3rd quarter valued at $273,000. Institutional investors and hedge funds own 86.65% of the company’s stock.

KLA Stock Up 0.4%

NASDAQ:KLAC traded up $0.66 during trading hours on Monday, hitting $166.40. The stock had a trading volume of 11,643,110 shares, compared to its average volume of 11,100,209. The company has a current ratio of 2.88, a quick ratio of 2.03 and a debt-to-equity ratio of 0.93. KLA Corporation has a 1-year low of $107.20 and a 1-year high of $307.37. The business has a 50 day simple moving average of $186.66 and a two-hundred day simple moving average of $197.05. The company has a market cap of $217.15 billion, a PE ratio of 45.38, a price-to-earnings-growth ratio of 1.47 and a beta of 1.45.

KLA (NASDAQ:KLAC) last posted its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.05. KLA had a net margin of 35.57% and a return on equity of 87.66%. The company had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. During the same quarter last year, the firm posted $0.94 earnings per share. The business’s quarterly revenue was up 15.2% on a year-over-year basis. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Analysts predict that KLA Corporation will post 5.43 EPS for the current year.

KLA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Monday, August 17th. This is a positive change from KLA’s previous quarterly dividend of $0.23. KLA’s dividend payout ratio (DPR) is 25.07%.

Insider Activity

In related news, EVP MaryBeth Wilkinson sold 13,802 shares of KLA stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $195.50, for a total transaction of $2,698,291.00. Following the sale, the executive vice president owned 22,110 shares of the company’s stock, valued at $4,322,505. The trade was a 38.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Virendra A. Kirloskar sold 4,504 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $195.50, for a total transaction of $880,532.00. Following the completion of the transaction, the chief accounting officer owned 7,972 shares in the company, valued at $1,558,526. This represents a 36.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 243,339 shares of company stock valued at $46,903,454 in the last 90 days. Company insiders own 79.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on KLAC. Royal Bank Of Canada restated a “sector perform” rating and set a $180.00 price objective (up from $170.00) on shares of KLA in a report on Wednesday, July 29th. Needham & Company LLC reaffirmed a “buy” rating and issued a $270.00 target price on shares of KLA in a research report on Wednesday, July 29th. UBS Group reduced their target price on KLA from $215.00 to $200.00 and set a “neutral” rating on the stock in a report on Tuesday, September 1st. Bank of America boosted their price target on KLA from $210.00 to $317.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $225.00 price target on shares of KLA in a research note on Wednesday, July 29th. Nineteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, KLA presently has a consensus rating of “Moderate Buy” and an average target price of $221.26.

KLA Company Profile

KLA Corporation (NASDAQ: KLAC) develops process control, inspection and yield management solutions for the semiconductor and other advanced manufacturing industries. Its technologies help manufacturers identify defects, measure critical dimensions and monitor production processes to improve quality, reliability and manufacturing efficiency.

The company’s product portfolio includes wafer and reticle inspection systems, metrology and measurement tools, defect review and classification systems, and software for analyzing manufacturing data.