KLA Corporation $KLAC Shares Purchased by Teza Capital Management LLC

Teza Capital Management LLC lifted its stake in KLA Corporation (NASDAQ:KLAC) by 5.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 557 shares of the semiconductor company’s stock after purchasing an additional 30 shares during the period. Teza Capital Management LLC’s holdings in KLA were worth $379,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in KLAC. Activest Wealth Management increased its holdings in shares of KLA by 4,100.0% in the first quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 41 shares during the last quarter. Alpine Bank Wealth Management purchased a new position in KLA in the first quarter worth approximately $35,000. Olde Wealth Management LLC purchased a new position in KLA in the first quarter worth approximately $36,000. Saudi Central Bank purchased a new position in KLA in the first quarter worth approximately $36,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in KLA in the first quarter worth approximately $37,000. Institutional investors and hedge funds own 86.65% of the company’s stock.

Insider Buying and Selling

In other news, EVP Brian Lorig sold 8,049 shares of the 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 directly owned 11,479 shares in the company, valued at approximately $10,488,132.72. This trade represents a 41.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ahmad A. Khan sold 13,716 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $881.50, for a total value of $12,090,654.00. Following the completion of the sale, the insider owned 27,372 shares in the company, valued at approximately $24,128,418. The trade was a 33.38% decrease in their ownership of the stock. 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 three months. 0.12% of the stock is currently owned by insiders.

KLA Stock Up 3.6%

Shares of NASDAQ KLAC opened at $905.09 on Monday. The stock has a market cap of $119.44 billion, a P/E ratio of 29.78, a PEG ratio of 3.08 and a beta of 1.48. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 1.25. KLA Corporation has a 12-month low of $551.33 and a 12-month high of $959.26. The business’s fifty day simple moving average is $903.20 and its 200-day simple moving average is $793.96.

KLA (NASDAQ:KLAC) last announced its quarterly earnings data 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. The business had revenue of $3.17 billion for 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 company’s revenue for the quarter was up 23.6% compared to the same quarter last year. During the same period last year, the firm earned $6.60 earnings per share. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. As a group, equities analysts predict that KLA Corporation will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Morgan Stanley increased their price objective on KLA from $916.00 to $928.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Citigroup increased their price objective on KLA from $1,035.00 to $1,060.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. TD Cowen increased their price objective on KLA from $800.00 to $900.00 and gave the stock a “hold” rating in a research report on Friday, August 1st. The Goldman Sachs Group started coverage on KLA in a research report on Thursday, July 10th. They set a “neutral” rating and a $980.00 price target for the company. Finally, Wall Street Zen lowered KLA from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. Eight investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently 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.