Horizon Investments LLC Has $8.98 Million Stock Position in KLA Corporation $KLAC

Key Points

• Horizon Investments trimmed its KLA position by 32.7% in Q4, leaving 7,394 shares worth about $8.98 million.
• KLA beat Q3 estimates (EPS $9.40 vs $9.17; revenue $3.42B vs $3.37B) and gave above‑consensus guidance tied to AI demand, prompting several firms to lift price targets and a consensus "Moderate Buy" target of $1,798.30 despite short‑term stock weakness.
• Corporate actions and institutional interest: the board approved a $7.0 billion buyback (≈3.7% of shares), KLA pays a $1.90 quarterly dividend (annualized $7.60, ~0.4% yield), institutional ownership is ~86.65%, and PineStone opened a new ~$151.7M position.

Horizon Investments LLC lowered its position in shares of KLA Corporation (NASDAQ:KLAC - Free Report) by 32.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,394 shares of the semiconductor company's stock after selling 3,587 shares during the quarter. Horizon Investments LLC's holdings in KLA were worth $8,984,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of KLAC. Monetary Management Group Inc. lifted its holdings in shares of KLA by 0.4% during the second quarter. Monetary Management Group Inc. now owns 3,773 shares of the semiconductor company's stock worth $3,380,000 after buying an additional 15 shares in the last quarter. Tandem Wealth Advisors LLC raised its stake in KLA by 1.6% in the second quarter. Tandem Wealth Advisors LLC now owns 1,043 shares of the semiconductor company's stock valued at $934,000 after purchasing an additional 16 shares in the last quarter. WFA of San Diego LLC acquired a new position in KLA in the second quarter valued at about $90,000. Captrust Financial Advisors raised its stake in KLA by 13.8% in the second quarter. Captrust Financial Advisors now owns 5,118 shares of the semiconductor company's stock valued at $4,584,000 after purchasing an additional 619 shares in the last quarter. Finally, SOA Wealth Advisors LLC. raised its stake in KLA by 116.7% in the third quarter. SOA Wealth Advisors LLC. now owns 156 shares of the semiconductor company's stock valued at $168,000 after purchasing an additional 84 shares in the last quarter. Institutional investors and hedge funds own 86.65% of the company's stock.

Trending Headlines about KLA

Here are the key news stories impacting KLA this week:

• Positive Sentiment: PineStone Asset Management opened a large new position in KLAC — about $151.7M worth of shares reported in a recent 13F, signalling institutional conviction and incremental demand for the stock. PineStone opens new $151.7M KLAC position
• Positive Sentiment: Multiple sell‑side firms raised price targets (Needham, Wells Fargo, JPMorgan, Stifel, Berenberg, Argus among others), lifting medium‑term analyst sentiment and signaling upside to consensus. This supports longer-term conviction despite near-term volatility. Stifel raises KLAC price target
• Neutral Sentiment: KLA reported Q3 results that beat EPS and revenue estimates and issued above‑consensus guidance tied to AI‑driven chip demand — a fundamental positive, but one that already appears partly baked into expectations. Q3 earnings transcript / results
• Negative Sentiment: Despite the beat and bullish guidance, the stock fell after the release as some investors/analysts said the outlook or cadence didn’t clear a higher bar — short‑term disappointment drove selling. Stock tumbles after earnings despite beat
• Negative Sentiment: Insider selling: recent open‑market sales by the CEO and CFO (multi‑million dollar disposals) add to near‑term selling pressure and may worry some investors about timing of exits. QuiverQuant fund & insider update

Wall Street Analysts Forecast Growth

A number of research firms recently commented on KLAC. Needham & Company LLC boosted their price target on KLA from $1,800.00 to $2,000.00 and gave the company a "buy" rating in a research note on Thursday. New Street Research boosted their price target on KLA from $1,460.00 to $1,770.00 and gave the company a "neutral" rating in a research note on Wednesday. Barclays boosted their price target on KLA from $1,595.00 to $1,700.00 and gave the company an "overweight" rating in a research note on Friday, January 30th. Argus boosted their price target on KLA from $1,750.00 to $1,950.00 and gave the company a "buy" rating in a research note on Friday. Finally, Royal Bank Of Canada boosted their price target on KLA from $1,600.00 to $1,700.00 and gave the company a "sector perform" rating in a research note on Thursday. Twenty equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $1,798.30.

KLA Stock Down 1.4%

Shares of NASDAQ KLAC opened at $1,726.26 on Friday. The company has a current ratio of 3.03, a quick ratio of 2.00 and a debt-to-equity ratio of 1.01. The company has a market cap of $226.28 billion, a price-to-earnings ratio of 48.86, a PEG ratio of 3.24 and a beta of 1.50. KLA Corporation has a 12 month low of $675.27 and a 12 month high of $1,939.36. The stock has a 50-day moving average price of $1,586.36 and a two-hundred day moving average price of $1,393.86.

KLA (NASDAQ:KLAC - Get Free Report) last announced its earnings results on Wednesday, April 29th. The semiconductor company reported $9.40 EPS for the quarter, beating the consensus estimate of $9.17 by $0.23. KLA had a return on equity of 91.89% and a net margin of 35.66%.The business had revenue of $3.42 billion for the quarter, compared to analysts' expectations of $3.37 billion. During the same period in the prior year, the business posted $8.41 earnings per share. The firm's revenue was up 11.5% on a year-over-year basis. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. As a group, analysts forecast that KLA Corporation will post 36.92 earnings per share for the current fiscal year.

KLA announced that its Board of Directors has approved a stock buyback plan on Thursday, March 12th that authorizes the company to repurchase $7.00 billion in outstanding shares. This repurchase authorization authorizes the semiconductor company to purchase up to 3.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

KLA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were issued a $1.90 dividend. The ex-dividend date was Tuesday, February 17th. This represents a $7.60 annualized dividend and a yield of 0.4%. KLA's dividend payout ratio is presently 21.51%.

KLA Profile

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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