KLA Corporation $KLAC Shares Bought by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lifted its position in KLA Corporation (NASDAQ:KLAC) by 0.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 384,990 shares of the semiconductor company’s stock after acquiring an additional 3,600 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in KLA were worth $75,046,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in KLAC. GAMMA Investing LLC grew its position in shares of KLA by 8.4% in the 3rd quarter. GAMMA Investing LLC now owns 40,495 shares of the semiconductor company’s stock valued at $7,894,000 after acquiring an additional 3,132 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of KLA by 21.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 52,603 shares of the semiconductor company’s stock valued at $10,254,000 after purchasing an additional 9,323 shares during the period. Zevenbergen Capital Investments LLC lifted its stake in KLA by 9.4% in the 3rd quarter. Zevenbergen Capital Investments LLC now owns 164,090 shares of the semiconductor company’s stock valued at $31,986,000 after purchasing an additional 14,090 shares during the last quarter. Everhart Financial Group Inc. lifted its stake in KLA by 10.4% in the 3rd quarter. Everhart Financial Group Inc. now owns 6,173 shares of the semiconductor company’s stock valued at $1,203,000 after purchasing an additional 584 shares during the last quarter. Finally, Gradient Investments LLC grew its holdings in KLA by 4.6% during the third quarter. Gradient Investments LLC now owns 85,887 shares of the semiconductor company’s stock worth $16,742,000 after purchasing an additional 3,812 shares during the period. 86.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at KLA

In other KLA news, CAO Virendra A. Kirloskar sold 4,504 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $195.50, for a total transaction of $880,532.00. Following the transaction, the chief accounting officer owned 7,972 shares in the company, valued at $1,558,526. This trade represents a 36.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Brian Lorig sold 59,586 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $208.13, for a total value of $12,401,634.18. Following the transaction, the executive vice president owned 77,681 shares in the company, valued at $16,167,746.53. The trade was a 43.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 243,339 shares of company stock valued at $46,903,454. Corporate insiders own 79.39% of the company’s stock.

KLA Trading Down 0.1%

Shares of KLAC stock opened at $196.72 on Friday. KLA Corporation has a 12-month low of $98.10 and a 12-month high of $307.37. The company has a market capitalization of $256.72 billion, a PE ratio of 53.65, a price-to-earnings-growth ratio of 1.74 and a beta of 1.45. The firm has a 50 day moving average price of $187.79 and a two-hundred day moving average price of $195.65. The company has a quick ratio of 2.03, a current ratio of 2.88 and a debt-to-equity ratio of 0.93.

KLA (NASDAQ:KLAC) last posted its earnings results on Tuesday, July 28th. The semiconductor company reported $1.05 EPS for the quarter, beating the consensus estimate of $1.00 by $0.05. The company had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.61 billion. KLA had a return on equity of 87.66% and a net margin of 35.57%.The firm’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.94 earnings per share. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. As a group, analysts predict that KLA Corporation will post 5.43 earnings per share for the current year.

KLA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were paid a $0.23 dividend. This is a boost from KLA’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, August 17th. This represents a $0.92 annualized dividend and a yield of 0.5%. KLA’s dividend payout ratio is presently 25.07%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KLAC. Barclays reissued an “overweight” rating and set a $225.00 price target on shares of KLA in a research report on Monday, July 20th. Cantor Fitzgerald reiterated an “overweight” rating and set a $325.00 target price on shares of KLA in a research note on Wednesday, July 29th. Bank of America boosted their target price on KLA from $210.00 to $317.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Needham & Company LLC restated a “buy” rating and issued a $270.00 price target on shares of KLA in a research note on Wednesday, July 29th. Finally, Stifel Nicolaus set a $250.00 price target on KLA and gave the company a “buy” rating in a report on Wednesday, July 29th. Eighteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $221.26.

KLA Profile

KLA Corporation (NASDAQ: KLAC) develops process-control and yield-management solutions used by semiconductor and electronics manufacturers. Its systems help customers detect defects, measure and analyze materials and structures, and monitor manufacturing processes throughout the production of integrated circuits and other advanced electronic components.

The company’s product portfolio includes inspection and metrology systems, wafer and reticle inspection equipment, process-control software, data analytics tools, and related services.