KLA Corporation (NASDAQ:KLAC) Given Average Rating of “Hold” by Brokerages

KLA Corporation (NASDAQ:KLAC) has earned an average recommendation of “Hold” from the eighteen analysts that are presently covering the stock, MarketBeat reports. Ten equities research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $890.5882.

A number of equities analysts have issued reports on the company. Oppenheimer upped their target price on KLA from $740.00 to $950.00 and gave the stock an “outperform” rating in a report on Tuesday, June 17th. Cantor Fitzgerald restated an “overweight” rating on shares of KLA in a report on Tuesday, June 24th. Deutsche Bank Aktiengesellschaft lowered shares of KLA from a “buy” rating to a “hold” rating and set a $790.00 price objective for the company. in a report on Tuesday, May 20th. Stifel Nicolaus lifted their target price on shares of KLA from $770.00 to $922.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, Raymond James Financial restated an “outperform” rating and issued a $950.00 price target (up from $850.00) on shares of KLA in a research report on Friday, August 1st.

Insider Buying and Selling

In other KLA news, insider Ahmad A. Khan sold 13,716 shares of the company’s stock in a transaction dated 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 sale, the insider owned 27,372 shares in the company, valued at approximately $24,128,418. The trade was a 33.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Brian Lorig sold 8,049 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total value of $7,354,210.32. Following the completion of the sale, the executive vice president directly owned 11,479 shares of the company’s stock, valued at approximately $10,488,132.72. The trade was a 41.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,605 shares of company stock valued at $29,348,291 over the last 90 days. 0.12% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its position 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 buying an additional 80,154 shares during the period. Goldman Sachs Group Inc. grew its holdings in KLA by 27.9% during 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 acquiring an additional 404,634 shares during the period. GAMMA Investing LLC grew its holdings in KLA by 95,141.6% during the 1st quarter. GAMMA Investing LLC now owns 1,674,347 shares of the semiconductor company’s stock worth $1,138,221,000 after acquiring an additional 1,672,589 shares during the period. Amundi raised its position 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 acquiring an additional 251,339 shares in the last quarter. Finally, Pictet Asset Management Holding SA boosted its position in shares of KLA by 9.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,586,781 shares of the semiconductor company’s stock valued at $1,078,526,000 after purchasing an additional 131,620 shares in the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

KLA Trading Up 1.0%

Shares of KLA stock opened at $917.73 on Friday. The firm’s 50 day moving average is $903.84 and its 200 day moving average is $795.89. The firm has a market capitalization of $121.10 billion, a PE ratio of 30.20, a price-to-earnings-growth ratio of 3.10 and a beta of 1.48. KLA has a 1 year low of $551.33 and a 1 year high of $959.26. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 1.25.

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

KLA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Monday, August 18th were issued a $1.90 dividend. This represents a $7.60 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Monday, August 18th. KLA’s dividend payout ratio is presently 25.01%.

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.