Coppell Advisory Solutions LLC Grows Stock Holdings in KLA Corporation $KLAC

Key Points

• Coppell Advisory Solutions LLC significantly increased its holdings in KLA Corporation by 21,959.8% during the 1st quarter, owning 47,208 shares worth approximately $32.09 million, making it the firm's 3rd largest holding.
• Analysts have raised their price targets for KLA shares, with JPMorgan Chase increasing theirs from $900 to $1,070, while the consensus target price is $890.59.
• KLA Corporation reported $9.38 earnings per share (EPS) for the last quarter, exceeding expectations, and declared a quarterly dividend of $1.90, indicating ongoing profitability and shareholder returns.

Coppell Advisory Solutions LLC grew its holdings in KLA Corporation (NASDAQ:KLAC - Free Report) by 21,959.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 47,208 shares of the semiconductor company's stock after acquiring an additional 46,994 shares during the period. KLA accounts for 2.5% of Coppell Advisory Solutions LLC's portfolio, making the stock its 3rd largest holding. Coppell Advisory Solutions LLC's holdings in KLA were worth $32,092,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. MAI Capital Management increased its stake in shares of KLA by 1.0% in the first quarter. MAI Capital Management now owns 1,365 shares of the semiconductor company's stock worth $928,000 after purchasing an additional 14 shares in the last quarter. IFC Advisors LLC boosted its holdings in shares of KLA by 4.6% during the 1st quarter. IFC Advisors LLC now owns 342 shares of the semiconductor company's stock valued at $232,000 after purchasing an additional 15 shares during the last quarter. Trust Investment Advisors boosted its holdings in shares of KLA by 1.3% during the 1st quarter. Trust Investment Advisors now owns 1,188 shares of the semiconductor company's stock valued at $808,000 after purchasing an additional 15 shares during the last quarter. Lockerman Financial Group Inc. boosted its holdings in shares of KLA by 3.8% during the 1st quarter. Lockerman Financial Group Inc. now owns 438 shares of the semiconductor company's stock valued at $298,000 after purchasing an additional 16 shares during the last quarter. Finally, Childress Capital Advisors LLC grew its stake in shares of KLA by 3.3% in the 1st quarter. Childress Capital Advisors LLC now owns 495 shares of the semiconductor company's stock worth $337,000 after buying an additional 16 shares in the last quarter. 86.65% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on KLAC. Morgan Stanley lifted their price objective on shares of KLA from $916.00 to $928.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. JPMorgan Chase & Co. lifted their price objective on shares of KLA from $900.00 to $1,070.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Oppenheimer lifted their price objective on shares of KLA from $740.00 to $950.00 and gave the stock an "outperform" rating in a research note on Tuesday, June 17th. Deutsche Bank Aktiengesellschaft cut shares of KLA from a "buy" rating to a "hold" rating and set a $790.00 price objective for the company. in a research note on Tuesday, May 20th. Finally, Cantor Fitzgerald reissued an "overweight" rating on shares of KLA in a research note on Tuesday, June 24th. Eight analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $890.59.

Insider Activity

In related news, 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 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 $84,805,950.24. The trade was a 10.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Virendra A. Kirloskar sold 39 shares of the business's stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $891.50, for a total transaction of $34,768.50. Following the transaction, the chief accounting officer owned 2,616 shares of the company's stock, valued at approximately $2,332,164. This trade represents a 1.47% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,605 shares of company stock worth $29,348,291. Insiders own 0.12% of the company's stock.

KLA Price Performance

KLA stock opened at $905.09 on Monday. The stock has a market cap of $119.44 billion, a price-to-earnings ratio of 29.78, a price-to-earnings-growth ratio of 3.08 and a beta of 1.48. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.62 and a quick ratio of 1.83. KLA Corporation has a 1 year low of $551.33 and a 1 year high of $959.26. The firm has a 50-day moving average of $903.20 and a two-hundred day moving average of $793.96.

KLA (NASDAQ:KLAC - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $3.08 billion. During the same period in the previous year, the company earned $6.60 EPS. The firm'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. On average, research analysts forecast that KLA Corporation will post 31.59 earnings per share for the current year.

KLA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Monday, August 18th were given a $1.90 dividend. This represents a $7.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend 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.

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