KLA (NASDAQ:KLAC – Get Free Report) had its price target boosted by Deutsche Bank Aktiengesellschaft from $930.00 to $1,070.00 in a note issued to investors on Tuesday,MarketScreener reports. The brokerage presently has a “hold” rating on the semiconductor company’s stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 0.55% from the company’s previous close.
KLAC has been the topic of several other research reports. JPMorgan Chase & Co. increased their price objective on shares of KLA from $900.00 to $1,070.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Stifel Nicolaus upped their target price on KLA from $770.00 to $922.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. UBS Group increased their price target 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. Raymond James Financial reissued an “outperform” rating and issued a $950.00 price target (up previously from $850.00) on shares of KLA in a research report on Friday, August 1st. Finally, The Goldman Sachs Group began coverage on KLA in a report on Thursday, July 10th. They set a “neutral” rating and a $980.00 price target for the company. Seven research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $916.76.
Get Our Latest Analysis on KLA
KLA Trading Down 0.0%
KLA (NASDAQ:KLAC – Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share for the quarter, beating the consensus estimate of $8.53 by $0.85. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.08 billion. KLA had a return on equity of 112.41% and a net margin of 33.41%.KLA’s revenue was up 23.6% on a year-over-year basis. During the same period in the previous year, the firm posted $6.60 EPS. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. Sell-side analysts anticipate that KLA will post 31.59 EPS for the current fiscal year.
Insiders Place Their Bets
In other KLA news, CEO Richard P. Wallace sold 10,801 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer owned 92,818 shares in the company, valued at $84,805,950.24. This trade represents a 10.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ahmad A. Khan sold 13,716 shares of KLA stock in a transaction that occurred on 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 in the company, valued at $24,128,418. This trade represents a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 32,605 shares of company stock worth $29,348,291. Company insiders own 0.12% of the company’s stock.
Hedge Funds Weigh In On KLA
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Fiduciary Alliance LLC boosted its position in KLA by 1.6% during the 1st quarter. Fiduciary Alliance LLC now owns 1,920 shares of the semiconductor company’s stock worth $1,305,000 after buying an additional 31 shares during the period. NBC Securities Inc. acquired a new position in shares of KLA during the first quarter valued at about $55,000. Fragasso Financial Advisors Inc grew its position in KLA by 9.5% in the 1st quarter. Fragasso Financial Advisors Inc now owns 647 shares of the semiconductor company’s stock valued at $440,000 after purchasing an additional 56 shares during the period. LVW Advisors LLC boosted its position in shares of KLA by 7.2% during the first quarter. LVW Advisors LLC now owns 418 shares of the semiconductor company’s stock valued at $284,000 after buying an additional 28 shares during the last quarter. Finally, Merit Financial Group LLC boosted its holdings in KLA by 18.6% during the first quarter. Merit Financial Group LLC now owns 2,336 shares of the semiconductor company’s stock worth $1,588,000 after purchasing an additional 367 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.
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.
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