Arkadios Wealth Advisors increased its position in  KLA Corporation (NASDAQ:KLAC – Free Report) by 7.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,157 shares of the semiconductor company’s stock after purchasing an additional 146 shares during the quarter. Arkadios Wealth Advisors’ holdings in KLA were worth $1,932,000 as of its most recent SEC filing. 
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ulland Investment Advisors LLC bought a new position in KLA during the second quarter worth about $32,000. Sentry Investment Management LLC bought a new position in KLA during the second quarter worth about $36,000. Activest Wealth Management boosted its holdings in KLA by 4,100.0% during the first quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock worth $29,000 after buying an additional 41 shares during the last quarter. Olde Wealth Management LLC bought a new position in KLA during the first quarter worth about $36,000. Finally, Saudi Central Bank bought a new position in KLA during the first quarter worth about $36,000. 86.65% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have issued reports on KLAC. Evercore ISI raised their target price on KLA from $1,000.00 to $1,350.00 and gave the stock an “outperform” rating in a report on Thursday. Cowen restated a “hold” rating on shares of KLA in a report on Thursday. New Street Research raised their target price on KLA from $980.00 to $1,230.00 and gave the stock a “neutral” rating in a report on Friday. Wall Street Zen cut KLA from a “buy” rating to a “hold” rating in a report on Saturday, July 5th. Finally, Stifel Nicolaus set a $1,260.00 price objective on KLA in a report on Thursday. Twelve investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $1,228.29.
Insider Buying and Selling at KLA
In other KLA news, EVP Brian Lorig sold 8,049 shares of the business’s stock in a transaction that occurred 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 owned 11,479 shares in the company, valued at approximately $10,488,132.72. The trade was a 41.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Richard P. Wallace sold 10,801 shares of the business’s 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 completion of the sale, the chief executive officer owned 92,818 shares in the company, valued at $84,805,950.24. The trade was a 10.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 32,566 shares of company stock worth $29,313,522. Corporate insiders own 91.48% of the company’s stock.
KLA Trading Down 0.5%
NASDAQ:KLAC opened at $1,208.74 on Friday. The stock has a market capitalization of $159.17 billion, a PE ratio of 37.95, a price-to-earnings-growth ratio of 3.56 and a beta of 1.50. The business’s 50-day simple moving average is $1,037.12 and its 200-day simple moving average is $901.29. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.62 and a quick ratio of 1.83. KLA Corporation has a fifty-two week low of $551.33 and a fifty-two week high of $1,284.47.
KLA (NASDAQ:KLAC – Get Free Report) last released its earnings results on Wednesday, October 29th. The semiconductor company reported $8.81 EPS for the quarter, beating the consensus estimate of $8.47 by $0.34. The firm had revenue of $3.21 billion for the quarter, compared to analysts’ expectations of $3.17 billion. KLA had a return on equity of 113.10% and a net margin of 33.83%.The business’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.33 EPS. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. Sell-side analysts expect that KLA Corporation will post 31.59 earnings per share for the current fiscal year.
KLA Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Monday, August 18th were paid a $1.90 dividend. The ex-dividend date was Monday, August 18th. This represents a $7.60 annualized dividend and a yield of 0.6%. KLA’s payout ratio is presently 25.01%.
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.
Recommended Stories
- Five stocks we like better than KLA
 - 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
 - Amazon Earnings: 3 Catalysts That Could Drive Shares to $300
 - How to Invest in Blue Chip Stocks
 - Why Chipotle Stock May Bounce After a Brutal Sell-Off
 - How to trade using analyst ratings
 - Why VGT May Be a Smarter Bet Than Chasing Individual Tech Stocks
 
Receive News & Ratings for KLA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KLA and related companies with MarketBeat.com's FREE daily email newsletter.
