Beck Mack & Oliver LLC Acquires New Holdings in KLA Corporation $KLAC

Beck Mack & Oliver LLC acquired a new stake in shares of KLA Corporation (NASDAQ:KLAC) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 299 shares of the semiconductor company’s stock, valued at approximately $203,000.

A number of other institutional investors also recently added to or reduced their stakes in KLAC. AXA S.A. boosted its position in KLA by 25.5% during the fourth quarter. AXA S.A. now owns 85,871 shares of the semiconductor company’s stock valued at $54,109,000 after purchasing an additional 17,421 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in KLA by 8.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 867 shares of the semiconductor company’s stock valued at $546,000 after buying an additional 66 shares during the last quarter. Algert Global LLC raised its stake in KLA by 607.1% in the fourth quarter. Algert Global LLC now owns 3,394 shares of the semiconductor company’s stock valued at $2,139,000 after buying an additional 2,914 shares during the last quarter. BLI Banque de Luxembourg Investments purchased a new stake in KLA in the fourth quarter valued at about $1,894,000. Finally, Benjamin Edwards Inc. raised its stake in KLA by 10.1% in the fourth quarter. Benjamin Edwards Inc. now owns 1,499 shares of the semiconductor company’s stock valued at $945,000 after buying an additional 138 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.

KLA Stock Performance

Shares of NASDAQ:KLAC opened at $872.00 on Monday. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.62 and a quick ratio of 1.83. The business’s 50 day moving average price is $905.02 and its 200-day moving average price is $790.26. The firm has a market capitalization of $115.07 billion, a PE ratio of 28.69, a P/E/G ratio of 2.97 and a beta of 1.48. KLA Corporation has a 1 year low of $551.33 and a 1 year high of $959.26.

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

KLA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Monday, August 18th will be given a $1.90 dividend. The ex-dividend date is Monday, August 18th. This represents a $7.60 dividend on an annualized basis and a yield of 0.9%. KLA’s payout ratio is currently 25.01%.

Analyst Upgrades and Downgrades

KLAC has been the subject of several research analyst reports. Raymond James Financial restated an “outperform” rating and issued a $950.00 price objective (up from $850.00) on shares of KLA in a research note on Friday, August 1st. Stifel Nicolaus raised their price objective on KLA from $770.00 to $922.00 and gave the company a “buy” rating in a report on Friday, August 1st. Cantor Fitzgerald reissued an “overweight” rating on shares of KLA in a report on Tuesday, June 24th. TD Cowen raised their price objective on KLA from $800.00 to $900.00 and gave the company a “hold” rating in a report on Friday, August 1st. Finally, Morgan Stanley raised their price objective on KLA from $916.00 to $928.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Eight analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, KLA has a consensus rating of “Hold” and an average target price of $890.59.

Insider Buying and Selling at KLA

In other KLA news, EVP Brian Lorig sold 8,049 shares of KLA stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total value of $7,354,210.32. Following the sale, the executive vice president owned 11,479 shares in the company, valued at $10,488,132.72. The trade was a 41.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Richard P. Wallace sold 10,801 shares of the business’s 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 completion of the sale, the chief executive officer owned 92,818 shares in the company, valued at $84,805,950.24. This represents a 10.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 18,889 shares of company stock worth $17,257,637 over the last quarter. 0.12% of the stock is currently owned by company insiders.

About KLA

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.