KLA Corporation $KLAC Position Lessened by Rossby Financial LCC

Rossby Financial LCC decreased its stake in KLA Corporation (NASDAQ:KLAC) by 2.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 741 shares of the semiconductor company’s stock after selling 18 shares during the period. Rossby Financial LCC’s holdings in KLA were worth $664,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in KLAC. Nuveen LLC bought a new stake in shares of KLA in the 1st quarter worth approximately $348,822,000. Goldman Sachs Group Inc. lifted its holdings in shares of KLA by 27.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,852,814 shares of the semiconductor company’s stock worth $1,259,543,000 after purchasing an additional 404,634 shares during the last quarter. Amundi lifted its holdings in shares of 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 last quarter. Impax Asset Management Group plc lifted its holdings in shares of KLA by 53.3% in the 1st quarter. Impax Asset Management Group plc now owns 389,834 shares of the semiconductor company’s stock worth $264,343,000 after purchasing an additional 135,469 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in shares of KLA by 9.0% in the 1st 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. Institutional investors own 86.65% of the company’s stock.

KLA Stock Up 2.7%

KLAC opened at $1,215.13 on Tuesday. KLA Corporation has a one year low of $551.33 and a one year high of $1,221.19. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62. The stock’s fifty day moving average is $1,009.78 and its 200-day moving average is $887.54. The company has a market capitalization of $160.01 billion, a PE ratio of 39.98, a P/E/G ratio of 3.41 and a beta of 1.50.

KLA (NASDAQ:KLAC) last posted its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $9.38 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 for the quarter, compared to the consensus estimate of $3.08 billion. During the same quarter in the previous year, the business earned $6.60 EPS. The company’s quarterly revenue was up 23.6% compared to the same quarter last year. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. On average, equities analysts predict that KLA Corporation will post 31.59 EPS for the current fiscal year.

KLA Dividend Announcement

The company also recently disclosed 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 0.6%. The ex-dividend date of this dividend was Monday, August 18th. KLA’s payout ratio is currently 25.01%.

Analyst Ratings Changes

Several analysts recently issued reports on KLAC shares. Raymond James Financial reissued an “outperform” rating and issued a $950.00 price target (up previously from $850.00) on shares of KLA in a report on Friday, August 1st. Morgan Stanley set a $1,093.00 target price on KLA and gave the company an “equal weight” rating in a research note on Monday, September 22nd. Rothschild & Co Redburn lifted their target price on KLA from $800.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Wednesday, October 1st. UBS Group lifted their target price on KLA from $970.00 to $1,135.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Finally, Stifel Nicolaus lifted their target price on KLA from $922.00 to $1,050.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Ten research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $1,040.65.

Insider Transactions at KLA

In related news, insider Ahmad A. Khan sold 13,716 shares of KLA stock in a transaction 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 in the company, valued at $24,128,418. The trade was a 33.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Brian Lorig sold 8,049 shares of KLA stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total value of $7,354,210.32. Following the completion of the transaction, the executive vice president owned 11,479 shares in the company, valued at $10,488,132.72. The trade was a 41.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,566 shares of company stock valued at $29,313,522. Corporate insiders own 91.48% of the company’s stock.

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.