Inspire Investing LLC Has $11.13 Million Stock Holdings in KLA Corporation $KLAC

Key Points

• Inspire Investing LLC increased its stake in KLA Corporation by 9.3% in Q1, now holding shares valued at approximately $11.13 million, making it the fund's 7th largest holding.
• KLA Corporation reported an earnings per share (EPS) of $9.38 for the last quarter, surpassing the consensus estimate by $0.85, with a net margin of 33.41% and a year-over-year revenue increase of 23.6%.
• The company recently announced a quarterly dividend of $1.90 per share, translating to an annual yield of 0.8%, and has a current payout ratio of 25.01%.

Inspire Investing LLC raised its stake in shares of KLA Corporation (NASDAQ:KLAC - Free Report) by 9.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,370 shares of the semiconductor company's stock after purchasing an additional 1,389 shares during the quarter. KLA accounts for about 1.3% of Inspire Investing LLC's holdings, making the stock its 7th biggest holding. Inspire Investing LLC's holdings in KLA were worth $11,128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of KLAC. Activest Wealth Management lifted its holdings in shares of KLA by 4,100.0% in the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 41 shares during the last quarter. Alpine Bank Wealth Management bought a new stake in shares of KLA in the 1st quarter worth approximately $35,000. Olde Wealth Management LLC bought a new stake in shares of KLA in the 1st quarter worth approximately $36,000. Saudi Central Bank bought a new stake in shares of KLA in the 1st quarter worth approximately $36,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of KLA in the 1st quarter worth approximately $37,000. 86.65% of the stock is currently owned by institutional investors.

KLA Stock Up 2.9%

Shares of NASDAQ KLAC opened at $959.28 on Friday. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 1.25. KLA Corporation has a 52 week low of $551.33 and a 52 week high of $963.89. The firm's fifty day moving average is $904.97 and its 200 day moving average is $798.36. The company has a market cap of $126.59 billion, a price-to-earnings ratio of 31.57, a PEG ratio of 3.18 and a beta of 1.48.

KLA (NASDAQ:KLAC - Get Free Report) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 EPS for the quarter, topping 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 the consensus estimate of $3.08 billion. During the same period in the previous year, the firm earned $6.60 earnings per share. The firm's revenue for the quarter 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, equities research analysts expect that KLA Corporation will post 31.59 earnings per share for the current year.

KLA Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on KLAC shares. UBS Group boosted their price objective on shares of KLA from $775.00 to $960.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. Oppenheimer boosted their price objective on shares of KLA from $740.00 to $950.00 and gave the stock an "outperform" rating in a report on Tuesday, June 17th. JPMorgan Chase & Co. boosted their price objective on shares of KLA from $900.00 to $1,070.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. TD Cowen boosted their price objective on shares of KLA from $800.00 to $900.00 and gave the stock a "hold" rating in a report on Friday, August 1st. Finally, The Goldman Sachs Group began coverage on shares of KLA in a report on Thursday, July 10th. They issued a "neutral" rating and a $980.00 price objective for the company. Eight research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $890.59.

Insider Activity at KLA

In other KLA news, CEO Richard P. Wallace sold 10,801 shares of the business's stock in a transaction 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 transaction, the chief executive officer directly owned 92,818 shares of the company's stock, valued at approximately $84,805,950.24. The trade was a 10.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Virendra A. Kirloskar sold 39 shares of the business's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $891.50, for a total transaction of $34,768.50. Following the transaction, the chief accounting officer directly owned 2,616 shares in the company, valued at approximately $2,332,164. The trade was a 1.47% decrease in their ownership of the stock. 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 in the last 90 days. 0.12% of the stock is owned by company insiders.

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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