Livforsakringsbolaget Skandia Omsesidigt Buys Shares of 257,670 KLA Corporation $KLAC

Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of KLA Corporation (NASDAQ:KLAC) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 257,670 shares of the semiconductor company’s stock, valued at approximately $77,608,000. KLA makes up 2.5% of Livforsakringsbolaget Skandia Omsesidigt’s portfolio, making the stock its 8th largest position.

Other large investors have also recently made changes to their positions in the company. TOWER TRUST & INVESTMENT Co raised its stake in shares of KLA by 829.7% in the second quarter. TOWER TRUST & INVESTMENT Co now owns 7,456 shares of the semiconductor company’s stock valued at $2,249,000 after purchasing an additional 6,654 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of KLA in the second quarter valued at $2,522,430,000. Abacus FCF Advisors LLC acquired a new position in shares of KLA during the second quarter worth approximately $20,763,000. Handelsbanken Fonder AB raised its holdings in KLA by 978.2% during the 2nd quarter. Handelsbanken Fonder AB now owns 858,984 shares of the semiconductor company’s stock worth $259,164,000 after purchasing an additional 779,317 shares during the last quarter. Finally, Butensky & Cohen Financial Security Inc. lifted its holdings in KLA by 600.7% in the second quarter. Butensky & Cohen Financial Security Inc. now owns 31,561 shares of the semiconductor company’s stock valued at $9,522,000 after buying an additional 27,057 shares during the period. 86.65% of the stock is owned by institutional investors.

KLA Stock Performance

Shares of KLAC stock opened at $175.54 on Friday. The company has a fifty day moving average price of $213.18 and a two-hundred day moving average price of $187.58. KLA Corporation has a one year low of $83.22 and a one year high of $307.37. The stock has a market cap of $229.35 billion, a P/E ratio of 47.87, a P/E/G ratio of 1.41 and a beta of 1.45. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.88 and a quick ratio of 2.03.

KLA (NASDAQ:KLAC) last released its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.05. KLA had a net margin of 35.57% and a return on equity of 87.66%. The firm had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $3.61 billion. During the same period in the previous year, the business posted $0.94 earnings per share. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. As a group, equities analysts predict that KLA Corporation will post 5.42 EPS for the current year.

KLA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, August 17th. This is a positive change from KLA’s previous quarterly dividend of $0.23. KLA’s dividend payout ratio (DPR) is 25.07%.

Insider Activity at KLA

In other news, CFO Bren D. Higgins sold 27,701 shares of the business’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $265.69, for a total value of $7,359,878.69. Following the completion of the sale, the chief financial officer owned 263,472 shares of the company’s stock, valued at approximately $70,001,875.68. The trade was a 9.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Brian Lorig sold 59,586 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $208.13, for a total transaction of $12,401,634.18. Following the completion of the transaction, the executive vice president owned 77,681 shares in the company, valued at $16,167,746.53. This trade represents a 43.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 258,533 shares of company stock valued at $55,977,470. 91.48% of the stock is currently owned by insiders.

Key Stories Impacting KLA

Here are the key news stories impacting KLA this week:

• Positive Sentiment: KLA’s AI exposure remains a long-term support. Its process-control tools are viewed as important to improving yields in advanced packaging and increasingly complex semiconductor manufacturing. What KLA’s AI-Fueled Advanced Packaging Momentum Means For Shareholders
• Positive Sentiment: Recent quarterly results exceeded expectations: revenue reached $3.66 billion, up 15.2% year over year, while EPS topped consensus. Management’s next-quarter EPS guidance of $1.06–$1.26 also points to continued growth. Analysts cited by Zacks see meaningful potential upside, although price targets are not a guarantee. Wall Street Analysts Think KLA Could Surge
• Positive Sentiment: Recent commentary remains constructive on KLA’s role as a potential “yield bottleneck” beneficiary of AI chip production and advanced manufacturing investment. KLA: The AI Yield Bottleneck Is Becoming More Valuable
• Neutral Sentiment: There was no clear new company-specific catalyst. The move instead reflects broader weakness across chip-equipment names, including declines in major semiconductor stocks that weighed on the Nasdaq-100 ETF and KLAC.
• Negative Sentiment: Investors may have considered KLA’s strong earnings insufficient relative to elevated expectations; the stock sold off after its late-July report despite beating estimates. Comparisons with faster-growing semiconductor names also weakened its near-term appeal. KLAC vs. SNDK: Which Semiconductor Stock is a Better Buy Now?
• Negative Sentiment: Recent insider activity is a headwind: KLA insiders reported open-market sales but no purchases over the past six months, including sales by senior executives. Investors also remain wary that export restrictions or weaker China demand could pressure sales and services.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Needham & Company LLC restated a “buy” rating and set a $270.00 target price on shares of KLA in a report on Wednesday, July 29th. Oppenheimer reaffirmed an “outperform” rating and set a $260.00 price target (up from $200.00) on shares of KLA in a research report on Thursday, July 16th. TD Cowen restated a “buy” rating and set a $260.00 target price (up from $200.00) on shares of KLA in a report on Thursday, July 9th. Bank of America lifted their price target on shares of KLA from $210.00 to $317.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $230.00 price objective on shares of KLA in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, KLA currently has an average rating of “Moderate Buy” and a consensus price target of $223.70.

KLA Profile

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA’s offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.