Integrity Alliance LLC. Takes Position in KLA Corporation $KLAC

Key Points

• Integrity Alliance LLC purchased 345 shares of KLA Corporation, valued at approximately $235,000, as reported in their recent 13F filing with the SEC.
• Institutional ownership in KLA Corporation stands at 86.65%, with notable new positions taken by Activest Wealth Management and Alpine Bank Wealth Management.
• KLA announced a quarterly dividend of $1.90 per share, representing a 0.8% dividend yield and a payout ratio of 25.01%.

Integrity Alliance LLC. bought a new stake in shares of KLA Corporation (NASDAQ:KLAC - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 345 shares of the semiconductor company's stock, valued at approximately $235,000.

Other institutional investors have also recently modified their holdings of the company. Activest Wealth Management grew its position in shares of KLA by 4,100.0% during the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 41 shares during the period. Alpine Bank Wealth Management acquired a new stake in KLA in the 1st quarter worth about $35,000. Olde Wealth Management LLC acquired a new stake in KLA in the 1st quarter worth about $36,000. Saudi Central Bank acquired a new stake in KLA in the 1st quarter worth about $36,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in KLA in the 1st quarter worth about $37,000. 86.65% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, 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 completion of the transaction, the chief accounting officer 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 completion of the sale, the chief executive officer directly owned 92,818 shares of the company's stock, valued at approximately $84,805,950.24. This trade represents a 10.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,605 shares of company stock worth $29,348,291. 0.12% of the stock is currently owned by company insiders.

KLA Stock Up 0.5%

KLAC stock opened at $964.02 on Friday. The firm has a market cap of $127.21 billion, a PE ratio of 31.72, a PEG ratio of 3.27 and a beta of 1.48. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62. The firm's 50 day moving average price is $905.95 and its 200-day moving average price is $800.44. KLA Corporation has a one year low of $551.33 and a one year high of $968.09.

KLA (NASDAQ:KLAC - Get Free Report) last announced its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.53 by $0.85. The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.08 billion. KLA had a return on equity of 112.41% and a net margin of 33.41%.The firm's quarterly revenue was up 23.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $6.60 earnings per share. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. On average, equities research analysts anticipate that KLA Corporation will post 31.59 EPS for the current year.

KLA Announces Dividend

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

Wall Street Analyst Weigh In

KLAC has been the topic of several research analyst reports. Wells Fargo & Company reiterated an "equal weight" rating and issued a $920.00 price objective (up from $870.00) on shares of KLA in a report on Tuesday, July 8th. Oppenheimer lifted their price objective on KLA from $740.00 to $950.00 and gave the stock an "outperform" rating in a report on Tuesday, June 17th. Deutsche Bank Aktiengesellschaft cut KLA from a "buy" rating to a "hold" rating and set a $790.00 price objective on the stock. in a report on Tuesday, May 20th. Stifel Nicolaus lifted their price objective on KLA from $770.00 to $922.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Finally, Barclays lifted their price objective on KLA from $590.00 to $750.00 and gave the stock an "equal weight" rating in a report on Monday, July 28th. Eight investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus 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.

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