Compound Planning Inc. Has $1.17 Million Position in KLA Corporation $KLAC

Key Points

• Compound Planning Inc. increased its stake in KLA Corporation by 28.2%, acquiring an additional 380 shares and bringing its total holdings to 1,727 shares, valued at approximately $1.17 million.
• KLA Corporation reported earnings of $9.38 per share, exceeding analyst expectations of $8.53, with a revenue of $3.17 billion for the quarter, up 23.6% from the previous year.
• The company's board authorized a $5 billion share repurchase program, indicating management's belief that the stock may be undervalued, alongside a quarterly dividend of $1.90 per share.

Compound Planning Inc. raised its holdings in KLA Corporation (NASDAQ:KLAC - Free Report) by 28.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 1,727 shares of the semiconductor company's stock after acquiring an additional 380 shares during the period. Compound Planning Inc.'s holdings in KLA were worth $1,174,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of KLAC. GAMMA Investing LLC increased its holdings in shares of 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 buying an additional 1,672,589 shares during the last quarter. Nuveen LLC acquired a new stake in KLA in the 1st quarter valued at $348,822,000. Goldman Sachs Group Inc. increased its holdings in KLA by 27.9% in 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 in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in KLA by 33.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,191,262 shares of the semiconductor company's stock valued at $750,638,000 after purchasing an additional 300,015 shares in the last quarter. Finally, Voloridge Investment Management LLC increased its holdings in KLA by 421.8% in the 4th quarter. Voloridge Investment Management LLC now owns 325,411 shares of the semiconductor company's stock valued at $205,048,000 after purchasing an additional 263,051 shares in the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other KLA news, EVP Brian Lorig sold 8,049 shares of KLA 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 $7,354,210.32. Following the transaction, the executive vice president owned 11,479 shares in the company, valued at approximately $10,488,132.72. The trade was a 41.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Richard P. Wallace sold 10,801 shares of KLA stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total transaction of $9,868,657.68. Following the completion of the transaction, the chief executive officer owned 92,818 shares in the company, valued at approximately $84,805,950.24. This trade represents a 10.42% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 18,889 shares of company stock worth $17,257,637. 0.12% of the stock is owned by insiders.

KLA Stock Performance

Shares of NASDAQ:KLAC traded down $20.76 during trading hours on Friday, hitting $873.25. The stock had a trading volume of 253,740 shares, compared to its average volume of 1,138,409. The stock's fifty day simple moving average is $904.58 and its 200 day simple moving average is $789.03. KLA Corporation has a 1-year low of $551.33 and a 1-year high of $959.26. The firm has a market capitalization of $115.23 billion, a price-to-earnings ratio of 28.78, a PEG ratio of 3.03 and a beta of 1.44. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62.

KLA (NASDAQ:KLAC - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $9.38 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 analyst estimates of $3.08 billion. During the same quarter last year, the business earned $6.60 earnings per share. KLA's 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. Sell-side analysts anticipate that KLA Corporation will post 31.59 earnings per share for the current fiscal year.

KLA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Monday, August 18th will be given a $1.90 dividend. The ex-dividend date is Monday, August 18th. This represents a $7.60 annualized dividend and a yield of 0.9%. KLA's payout ratio is 25.01%.

Wall Street Analyst Weigh In

KLAC has been the subject of several recent research reports. Citigroup increased their price target on KLA from $1,035.00 to $1,060.00 and gave the company a "buy" rating in a report on Friday, August 1st. Morgan Stanley upped their price objective on shares of KLA from $916.00 to $928.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. TD Securities upped their price objective on shares of KLA from $770.00 to $800.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. Oppenheimer upped their price objective on shares of KLA from $740.00 to $950.00 and gave the company an "outperform" rating in a research report on Tuesday, June 17th. Finally, JPMorgan Chase & Co. upped their price objective on shares of KLA from $900.00 to $1,070.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $890.59.

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.