Bogart Wealth LLC Has $4.40 Million Stake in KLA Corporation $KLAC

Bogart Wealth LLC decreased its position in KLA Corporation (NASDAQ:KLAC) by 18.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,914 shares of the semiconductor company’s stock after selling 1,147 shares during the quarter. Bogart Wealth LLC’s holdings in KLA were worth $4,402,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of KLAC. GAMMA Investing LLC increased its position in shares of KLA by 40.1% in the first quarter. GAMMA Investing LLC now owns 2,463 shares of the semiconductor company’s stock valued at $1,674,000 after acquiring an additional 705 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of KLA by 4.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,221 shares of the semiconductor company’s stock valued at $15,787,000 after acquiring an additional 1,090 shares during the last quarter. GAM Holding AG increased its position in shares of KLA by 27.0% in the first quarter. GAM Holding AG now owns 2,592 shares of the semiconductor company’s stock valued at $1,762,000 after acquiring an additional 551 shares during the last quarter. Heartland Bank & Trust Co increased its position in shares of KLA by 15.8% in the first quarter. Heartland Bank & Trust Co now owns 1,190 shares of the semiconductor company’s stock valued at $809,000 after acquiring an additional 162 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC increased its position in shares of KLA by 1.4% in the first quarter. MinichMacGregor Wealth Management LLC now owns 12,680 shares of the semiconductor company’s stock valued at $8,620,000 after acquiring an additional 172 shares during the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

KLA Trading Up 0.7%

Shares of NASDAQ:KLAC opened at $1,106.66 on Monday. KLA Corporation has a 12-month low of $551.33 and a 12-month high of $1,155.00. The stock has a market cap of $145.72 billion, a PE ratio of 36.42, a P/E/G ratio of 3.19 and a beta of 1.50. The business has a 50 day moving average of $980.52 and a 200-day moving average of $865.27. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 1.25.

KLA (NASDAQ:KLAC) last issued its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.53 by $0.85. KLA had a return on equity of 112.41% and a net margin of 33.41%.The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.08 billion. During the same quarter in the previous year, the company posted $6.60 earnings per share. The business’s revenue was up 23.6% on a year-over-year basis. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. As a group, equities research analysts forecast that KLA Corporation will post 31.59 earnings per share for the current year.

KLA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Monday, August 18th were issued 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 was Monday, August 18th. KLA’s payout ratio is currently 25.01%.

Wall Street Analyst Weigh In

KLAC has been the topic of a number of recent research reports. Cantor Fitzgerald lifted their target price on KLA from $950.00 to $1,170.00 and gave the company a “neutral” rating in a research report on Wednesday, October 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of KLA in a report on Wednesday, October 8th. The Goldman Sachs Group lifted their price target on KLA from $980.00 to $1,120.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Barclays lifted their price target on KLA from $590.00 to $750.00 and gave the stock an “equal weight” rating in a report on Monday, July 28th. Finally, Bank of America lifted their price target on KLA from $1,000.00 to $1,300.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Nine research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat.com, KLA presently has a consensus rating of “Hold” and a consensus target price of $1,009.40.

Insider Transactions at KLA

In related news, insider Ahmad A. Khan sold 13,716 shares of the business’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 completion of the sale, the insider directly owned 27,372 shares in the company, valued at approximately $24,128,418. The trade was a 33.38% decrease in their ownership of the stock. The sale was disclosed in a 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 of the company’s stock, valued at approximately $84,805,950.24. This trade represents a 10.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 32,566 shares of company stock worth $29,313,522 over the last quarter. Company insiders own 91.48% of the company’s stock.

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.