TFB Advisors LLC Has $380,000 Position in KLA Corporation $KLAC

TFB Advisors LLC raised its stake in shares of KLA Corporation (NASDAQ:KLAC) by 14.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 559 shares of the semiconductor company’s stock after purchasing an additional 70 shares during the period. TFB Advisors LLC’s holdings in KLA were worth $380,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Alpine Bank Wealth Management bought a new position in KLA in the 1st quarter worth $35,000. Olde Wealth Management LLC acquired a new stake in shares of KLA in the first quarter valued at about $36,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of KLA in the first quarter valued at about $37,000. Hazlett Burt & Watson Inc. bought a new position in shares of KLA in the first quarter worth about $45,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position in shares of KLA by 527.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 69 shares of the semiconductor company’s stock worth $47,000 after purchasing an additional 58 shares during the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have issued reports on KLAC shares. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $920.00 target price (up previously from $870.00) on shares of KLA in a report on Tuesday, July 8th. UBS Group raised their price objective on shares of KLA from $775.00 to $960.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Cowen reaffirmed a “hold” rating on shares of KLA in a research report on Thursday, May 1st. TD Cowen increased their price target on shares of KLA from $800.00 to $900.00 and gave the company a “hold” rating in a report on Friday, August 1st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of KLA from $900.00 to $1,070.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Eight equities 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, the stock has an average rating of “Hold” and a consensus price target of $890.59.

KLA Trading Up 0.3%

Shares of KLAC stock opened at $878.44 on Thursday. The firm has a fifty day moving average of $904.12 and a 200-day moving average of $783.62. The stock has a market cap of $115.92 billion, a price-to-earnings ratio of 28.91, a P/E/G ratio of 2.98 and a beta of 1.44. KLA Corporation has a 52-week low of $551.33 and a 52-week high of $959.26. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62.

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

KLA Announces Dividend

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

KLA announced that its board has authorized a stock buyback program on Wednesday, April 30th that permits the company to buyback $5.00 billion in shares. This buyback authorization permits the semiconductor company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Insider Activity at KLA

In other KLA news, CAO Virendra A. Kirloskar sold 39 shares of the stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $891.50, for a total transaction of $34,768.50. Following the completion of the transaction, the chief accounting officer directly owned 2,616 shares in the company, valued at $2,332,164. This represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Richard P. Wallace sold 10,801 shares of KLA stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total value of $9,868,657.68. Following the transaction, the chief executive officer directly owned 92,818 shares of the company’s stock, valued at approximately $84,805,950.24. The trade was a 10.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,889 shares of company stock valued at $17,257,637 in the last 90 days. 0.12% of the stock is owned by corporate insiders.

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.