KLA Corporation $KLAC Stock Position Boosted by Bessemer Group Inc.

Bessemer Group Inc. grew its holdings in shares of KLA Corporation (NASDAQ:KLAC) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 188,735 shares of the semiconductor company’s stock after purchasing an additional 2,117 shares during the period. Bessemer Group Inc. owned approximately 0.14% of KLA worth $169,056,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. MorganRosel Wealth Management LLC boosted its position in shares of KLA by 38.8% during the 2nd quarter. MorganRosel Wealth Management LLC now owns 1,191 shares of the semiconductor company’s stock valued at $1,067,000 after purchasing an additional 333 shares in the last quarter. Cullen Frost Bankers Inc. lifted its stake in KLA by 1.7% during the second quarter. Cullen Frost Bankers Inc. now owns 25,341 shares of the semiconductor company’s stock valued at $22,699,000 after buying an additional 418 shares in the last quarter. Whittier Trust Co. lifted its stake in KLA by 6.7% during the second quarter. Whittier Trust Co. now owns 2,179 shares of the semiconductor company’s stock valued at $1,952,000 after buying an additional 137 shares in the last quarter. Princeton Global Asset Management LLC lifted its stake in KLA by 52.7% during the second quarter. Princeton Global Asset Management LLC now owns 397 shares of the semiconductor company’s stock valued at $356,000 after buying an additional 137 shares in the last quarter. Finally, Sentry Investment Management LLC purchased a new stake in KLA during the second quarter valued at about $36,000. Institutional investors own 86.65% of the company’s stock.

Insider Buying and Selling at KLA

In other KLA news, insider Ahmad A. Khan sold 13,716 shares of the stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $881.50, for a total transaction of $12,090,654.00. Following the transaction, the insider 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Richard P. Wallace sold 10,801 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 92,818 shares in the company, valued at approximately $84,805,950.24. This trade represents a 10.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,566 shares of company stock worth $29,313,522 over the last 90 days. Insiders own 91.48% of the company’s stock.

KLA Price Performance

Shares of KLAC opened at $1,182.82 on Monday. The firm has a market cap of $155.76 billion, a PE ratio of 38.92, a PEG ratio of 3.41 and a beta of 1.50. The firm’s 50 day moving average price is $1,003.14 and its 200 day moving average price is $883.96. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62. KLA Corporation has a twelve month low of $551.33 and a twelve month high of $1,191.26.

KLA (NASDAQ:KLAC) last issued its quarterly earnings data 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 firm had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.08 billion. KLA had a net margin of 33.41% and a return on equity of 112.41%. The company’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same quarter 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, research analysts expect that KLA Corporation will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Monday, August 18th were issued a dividend of $1.90 per share. This represents a $7.60 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, August 18th. KLA’s dividend payout ratio (DPR) is 25.01%.

Analyst Ratings Changes

KLAC has been the subject of a number of analyst reports. UBS Group upped their price objective on shares of KLA from $970.00 to $1,135.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Raymond James Financial reissued an “outperform” rating and issued a $950.00 price target (up from $850.00) on shares of KLA in a research report on Friday, August 1st. Cantor Fitzgerald increased their price target on shares of KLA from $950.00 to $1,170.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 1st. Morgan Stanley set a $1,093.00 price target on shares of KLA and gave the stock an “equal weight” rating in a research report on Monday, September 22nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of KLA in a research report on Saturday. Ten analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, KLA presently has an average rating of “Hold” and a consensus price target of $1,040.65.

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.