NewEdge Advisors LLC Raises Position in KLA Corporation $KLAC

NewEdge Advisors LLC raised its stake in KLA Corporation (NASDAQ:KLAC) by 54.9% during the first quarter, Holdings Channel reports. The firm owned 20,354 shares of the semiconductor company’s stock after purchasing an additional 7,218 shares during the period. NewEdge Advisors LLC’s holdings in KLA were worth $13,836,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 3Chopt Investment Partners LLC bought a new stake in shares of KLA in the 1st quarter worth about $402,000. GAMMA Investing LLC grew its position in KLA by 40.1% in the 1st quarter. GAMMA Investing LLC now owns 2,463 shares of the semiconductor company’s stock worth $1,674,000 after purchasing an additional 705 shares during the last quarter. Confluence Wealth Services Inc. bought a new position in KLA in the 1st quarter worth about $1,479,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of KLA by 2.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 138,990 shares of the semiconductor company’s stock valued at $93,624,000 after acquiring an additional 3,846 shares in the last quarter. Finally, NBC Securities Inc. bought a new position in shares of KLA in the first quarter valued at approximately $55,000. Institutional investors and hedge funds own 86.65% of the company’s stock.

KLA Stock Up 3.6%

KLAC stock opened at $905.09 on Friday. KLA Corporation has a 12-month low of $551.33 and a 12-month high of $959.26. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 1.25. The company has a market cap of $119.44 billion, a price-to-earnings ratio of 29.78, a PEG ratio of 3.08 and a beta of 1.48. The company has a 50 day moving average of $903.20 and a two-hundred day moving average of $793.84.

KLA (NASDAQ:KLAC) last posted its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share (EPS) 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 analyst estimates of $3.08 billion. During the same period last year, the business posted $6.60 EPS. KLA’s revenue was up 23.6% compared to the same quarter last year. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. On average, equities analysts anticipate that KLA Corporation will post 31.59 earnings per share for the current fiscal year.

KLA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Monday, August 18th were issued a dividend of $1.90 per share. This represents a $7.60 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, August 18th. KLA’s dividend payout ratio (DPR) is presently 25.01%.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Stifel Nicolaus increased their target price on shares of KLA from $770.00 to $922.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Wall Street Zen downgraded shares of KLA from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. UBS Group upped their price target on shares of KLA from $775.00 to $960.00 and gave the company a “neutral” rating in a research report on Monday, July 21st. Citigroup upped their price target on shares of KLA from $1,035.00 to $1,060.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Finally, Oppenheimer upped their price target on shares of KLA from $740.00 to $950.00 and gave the company an “outperform” rating in a research report on Tuesday, June 17th. Eight equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $890.59.

Insider Buying and Selling at KLA

In other news, insider Ahmad A. Khan sold 13,716 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the insider directly owned 27,372 shares of the company’s stock, valued at approximately $24,128,418. This trade represents a 33.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Brian Lorig sold 8,049 shares of KLA stock in a transaction dated 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 transaction, the executive vice president directly owned 11,479 shares of the company’s stock, valued at $10,488,132.72. This represents a 41.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 32,605 shares of company stock valued at $29,348,291 over the last quarter. 0.12% of the stock is currently owned by insiders.

KLA Company 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.