Community Financial Services Group LLC Boosts Stock Position in KLA Corporation $KLAC

Community Financial Services Group LLC grew its position in shares of KLA Corporation (NASDAQ:KLAC) by 1.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,482 shares of the semiconductor company’s stock after purchasing an additional 126 shares during the quarter. KLA makes up about 1.5% of Community Financial Services Group LLC’s investment portfolio, making the stock its 21st largest position. Community Financial Services Group LLC’s holdings in KLA were worth $7,598,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of KLAC. Vanguard Group Inc. raised its stake in shares of KLA by 0.6% during the first quarter. Vanguard Group Inc. now owns 13,564,622 shares of the semiconductor company’s stock worth $9,221,230,000 after acquiring an additional 80,154 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of KLA by 27.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,852,814 shares of the semiconductor company’s stock valued at $1,259,543,000 after purchasing an additional 404,634 shares during the last quarter. Amundi raised its position in KLA by 18.0% in the 1st quarter. Amundi now owns 1,645,599 shares of the semiconductor company’s stock worth $1,026,983,000 after purchasing an additional 251,339 shares during the period. Pictet Asset Management Holding SA lifted its stake in KLA by 9.0% in the first quarter. Pictet Asset Management Holding SA now owns 1,586,781 shares of the semiconductor company’s stock worth $1,078,526,000 after purchasing an additional 131,620 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in KLA by 3.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 890,607 shares of the semiconductor company’s stock valued at $605,435,000 after buying an additional 33,551 shares during the period. Institutional investors own 86.65% of the company’s stock.

Insider Activity at KLA

In other KLA news, insider Ahmad A. Khan sold 13,716 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $881.50, for a total transaction of $12,090,654.00. Following the completion of the transaction, the insider owned 27,372 shares of the company’s stock, valued at approximately $24,128,418. This trade represents a 33.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Brian Lorig sold 8,049 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total transaction of $7,354,210.32. Following the completion of the sale, the executive vice president directly owned 11,479 shares in the company, valued at $10,488,132.72. This represents a 41.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 32,566 shares of company stock worth $29,313,522 over the last ninety days. 91.48% of the stock is owned by corporate insiders.

KLA Stock Up 4.7%

Shares of NASDAQ KLAC opened at $1,128.87 on Thursday. The firm has a fifty day simple moving average of $939.38 and a two-hundred day simple moving average of $831.69. KLA Corporation has a 12 month low of $551.33 and a 12 month high of $1,134.22. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 1.25. The firm has a market capitalization of $148.65 billion, a PE ratio of 37.15, a price-to-earnings-growth ratio of 3.23 and a beta of 1.50.

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

KLA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Monday, August 18th were paid a $1.90 dividend. 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 dividend payout ratio (DPR) is presently 25.01%.

Analyst Ratings Changes

Several research analysts have recently commented on KLAC shares. Cantor Fitzgerald lifted their price objective on KLA from $950.00 to $1,170.00 and gave the stock a “neutral” rating in a report on Wednesday. Wall Street Zen lowered KLA from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. JPMorgan Chase & Co. lifted their price target on KLA from $900.00 to $1,070.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. The Goldman Sachs Group started coverage on KLA in a research note on Thursday, July 10th. They set a “neutral” rating and a $980.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of KLA from $930.00 to $1,070.00 and gave the stock a “hold” rating in a research note on Tuesday. Six investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $939.17.

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.