326 Shares in KLA Corporation $KLAC Purchased by Dorsey Wright & Associates

Dorsey Wright & Associates bought a new stake in KLA Corporation (NASDAQ:KLAC) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 326 shares of the semiconductor company’s stock, valued at approximately $292,000.

Other hedge funds also recently modified their holdings of the company. Invenio Wealth Partners LLC boosted its position in KLA by 9.7% during the second quarter. Invenio Wealth Partners LLC now owns 464 shares of the semiconductor company’s stock worth $416,000 after acquiring an additional 41 shares during the last quarter. Rothschild Investment LLC lifted its stake in shares of KLA by 36.5% during the 2nd quarter. Rothschild Investment LLC now owns 2,078 shares of the semiconductor company’s stock worth $1,861,000 after purchasing an additional 556 shares during the period. Citizens Financial Group Inc. RI raised its stake in KLA by 1.5% during the second quarter. Citizens Financial Group Inc. RI now owns 8,419 shares of the semiconductor company’s stock worth $7,541,000 after purchasing an additional 125 shares during the period. Keyvantage Wealth LLC acquired a new position in shares of KLA in the 2nd quarter valued at $217,000. Finally, Zions Bancorporation National Association UT grew its stake in shares of KLA by 27.6% during the 2nd quarter. Zions Bancorporation National Association UT now owns 375 shares of the semiconductor company’s stock valued at $336,000 after buying an additional 81 shares during the period. 86.65% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other KLA news, insider Ahmad A. Khan sold 13,716 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $881.50, for a total value of $12,090,654.00. Following the transaction, the insider directly owned 27,372 shares of the company’s stock, valued at $24,128,418. This represents a 33.38% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Richard P. Wallace sold 10,803 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $1,203.10, for a total transaction of $12,997,089.30. Following the transaction, the chief executive officer directly owned 81,211 shares of the company’s stock, valued at approximately $97,704,954.10. This represents a 11.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 91.48% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on KLAC. Susquehanna increased their target price on KLA from $745.00 to $1,125.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Bank of America upped their price target on KLA from $1,000.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. Rothschild & Co Redburn lifted their price objective on KLA from $1,100.00 to $1,300.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. Cantor Fitzgerald boosted their target price on KLA from $1,170.00 to $1,350.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of KLA from $1,070.00 to $1,200.00 and gave the company a “hold” rating in a report on Thursday, October 30th. Twelve research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, KLA presently has an average rating of “Hold” and a consensus price target of $1,241.50.

KLA Stock Performance

Shares of NASDAQ:KLAC opened at $1,167.46 on Thursday. The business’s 50-day simple moving average is $1,114.02 and its 200 day simple moving average is $949.71. The company has a market cap of $153.39 billion, a P/E ratio of 36.65, a PEG ratio of 3.56 and a beta of 1.52. 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 one year low of $551.33 and a one year high of $1,284.47.

KLA (NASDAQ:KLAC) last announced its earnings results on Wednesday, October 29th. The semiconductor company reported $8.81 earnings per share for the quarter, beating the consensus estimate of $8.47 by $0.34. KLA had a net margin of 33.83% and a return on equity of 113.10%. The business had revenue of $3.21 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same period in the prior year, the firm earned $7.33 earnings per share. The business’s quarterly revenue was up 13.0% compared to the same quarter last year. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. On average, sell-side analysts forecast that KLA Corporation will post 31.59 earnings per share for the current fiscal year.

KLA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th will be given a dividend of $1.90 per share. This represents a $7.60 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, November 17th. KLA’s payout ratio is presently 23.86%.

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.