MBL Wealth LLC Has $238,000 Stake in KLA Corporation $KLAC

MBL Wealth LLC boosted its position in shares of KLA Corporation (NASDAQ:KLAC) by 9.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 350 shares of the semiconductor company’s stock after acquiring an additional 29 shares during the period. MBL Wealth LLC’s holdings in KLA were worth $238,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KLAC. Activest Wealth Management lifted its position in KLA by 4,100.0% during the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 41 shares during the last quarter. Alpine Bank Wealth Management acquired a new position in KLA during the 1st quarter worth $35,000. Olde Wealth Management LLC acquired a new position in shares of KLA during the first quarter valued at about $36,000. Saudi Central Bank acquired a new position in shares of KLA during the first quarter valued at about $36,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of KLA during the first quarter valued at about $37,000. Institutional investors and hedge funds own 86.65% of the company’s stock.

KLA Stock Performance

NASDAQ KLAC opened at $932.63 on Thursday. The stock has a market cap of $123.07 billion, a P/E ratio of 30.69, a PEG ratio of 3.13 and a beta of 1.48. The company’s 50-day simple moving average is $904.07 and its 200 day simple moving average is $796.83. KLA Corporation has a twelve month low of $551.33 and a twelve 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.

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. The business had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.08 billion. KLA had a net margin of 33.41% and a return on equity of 112.41%. The firm’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.60 earnings per share. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. As a group, research analysts forecast that KLA Corporation will post 31.59 earnings per share for the current fiscal year.

KLA Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on KLAC shares. The Goldman Sachs Group started coverage on shares of KLA in a research report on Thursday, July 10th. They set a “neutral” rating and a $980.00 price objective for the company. Morgan Stanley upped their price objective on shares of KLA from $916.00 to $928.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $920.00 price objective (up previously from $870.00) on shares of KLA in a research report on Tuesday, July 8th. Citigroup upped their price objective 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, UBS Group upped their price objective 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. Eight research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, KLA currently has a consensus rating of “Hold” and a consensus price target of $890.59.

Insider Buying and Selling at KLA

In related news, CAO Virendra A. Kirloskar sold 39 shares of the company’s stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $891.50, for a total value of $34,768.50. Following the sale, the chief accounting officer owned 2,616 shares of the company’s stock, valued at $2,332,164. The trade was a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Richard P. Wallace sold 10,801 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total transaction of $9,868,657.68. Following the sale, the chief executive officer directly owned 92,818 shares in the company, valued at $84,805,950.24. This represents a 10.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 32,605 shares of company stock worth $29,348,291. Insiders own 0.12% of the company’s stock.

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.