E. Ohman J or Asset Management AB Has $13.84 Million Stock Holdings in KLA Corporation $KLAC

Key Points

• E. Ohman J or Asset Management AB increased its KLA stake by 848.3% in the second quarter, holding 45,860 shares valued at approximately $13.84 million. Institutional investors collectively own 86.65% of KLA.
• KLA reported quarterly earnings of $1.05 per share and revenue of $3.66 billion, exceeding analyst expectations, while revenue rose 15.2% year over year. The company issued first-quarter 2027 EPS guidance of $1.06–$1.26.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and a $223.70 average price target. However, insiders sold 111,379 shares worth $26.15 million over the past 90 days, and KLA shares recently traded down 2.7% to $192.74.

E. Ohman J or Asset Management AB increased its position in shares of KLA Corporation (NASDAQ:KLAC - Free Report) by 848.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,860 shares of the semiconductor company's stock after acquiring an additional 41,024 shares during the period. E. Ohman J or Asset Management AB's holdings in KLA were worth $13,836,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Allied Private Wealth LLC acquired a new position in KLA in the 2nd quarter worth about $27,000. Carolina Wealth Advisors LLC grew its stake in shares of KLA by 900.0% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 100 shares of the semiconductor company's stock valued at $30,000 after buying an additional 90 shares in the last quarter. Basepoint Wealth LLC bought a new stake in shares of KLA in the 4th quarter valued at approximately $32,000. Triumph Capital Management acquired a new position in KLA in the third quarter worth approximately $40,000. Finally, Hilton Head Capital Partners LLC acquired a new position in KLA in the fourth quarter worth approximately $41,000. Institutional investors and hedge funds own 86.65% of the company's stock.

Insiders Place Their Bets

In other news, CEO Richard P. Wallace sold 45,120 shares of the firm's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $221.34, for a total value of $9,986,725.44. Following the sale, the chief executive officer owned 713,830 shares in the company, valued at approximately $157,996,990.71. This trade represents a 5.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Virendra A. Kirloskar sold 4,504 shares of the business's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $195.50, for a total transaction of $880,532.00. Following the transaction, the chief accounting officer directly owned 7,972 shares in the company, valued at $1,558,526. This trade represents a 36.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 111,379 shares of company stock valued at $26,154,182 over the last ninety days. 91.48% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on KLAC shares. TD Cowen reiterated a "buy" rating and issued a $260.00 target price (up from $200.00) on shares of KLA in a research note on Thursday, July 9th. Stifel Nicolaus set a $250.00 price objective on shares of KLA and gave the company a "buy" rating in a research note on Wednesday, July 29th. Oppenheimer reissued an "outperform" rating and set a $260.00 target price (up from $200.00) on shares of KLA in a research report on Thursday, July 16th. Susquehanna set a $215.00 target price on KLA and gave the company a "neutral" rating in a report on Wednesday, July 29th. Finally, UBS Group set a $240.00 price target on KLA and gave the stock a "neutral" rating in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $223.70.

KLA Trading Down 2.7%

Shares of NASDAQ:KLAC opened at $192.74 on Tuesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.03 and a current ratio of 2.88. The stock's 50-day moving average is $223.60 and its 200-day moving average is $183.55. The company has a market cap of $251.77 billion, a P/E ratio of 52.56, a P/E/G ratio of 1.52 and a beta of 1.45. KLA Corporation has a 52-week low of $83.22 and a 52-week high of $307.37.

KLA (NASDAQ:KLAC - Get Free Report) last announced its earnings results on Tuesday, July 28th. The semiconductor company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.05. The firm had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.61 billion. KLA had a return on equity of 87.66% and a net margin of 35.57%.The firm's revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.94 EPS. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Equities research analysts predict that KLA Corporation will post 5.42 earnings per share for the current year.

KLA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from KLA's previous quarterly dividend of $0.23. The ex-dividend date is Monday, August 17th. KLA's dividend payout ratio is presently 25.07%.

About KLA

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA's offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.

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