KLA Corporation $KLAC Shares Acquired by Acadian Asset Management LLC

Key Points

• Acadian Asset Management LLC increased its stake in KLA Corporation by 37.7% during the first quarter, owning 41,784 shares valued at approximately $28.4 million.
• KLA reported $9.38 earnings per share for the latest quarter, surpassing analysts' expectations, and its revenue rose by 23.6% year-over-year.
• The company announced a quarterly dividend of $1.90 per share, equating to an annual yield of 0.8%.

Acadian Asset Management LLC grew its holdings in KLA Corporation (NASDAQ:KLAC - Free Report) by 37.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,784 shares of the semiconductor company's stock after purchasing an additional 11,442 shares during the quarter. Acadian Asset Management LLC's holdings in KLA were worth $28,400,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. MAI Capital Management grew its position 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 valued at $928,000 after purchasing an additional 14 shares during the last quarter. Meiji Yasuda Life Insurance Co grew its position in shares of KLA by 1.2% in the first quarter. Meiji Yasuda Life Insurance Co now owns 1,212 shares of the semiconductor company's stock valued at $824,000 after purchasing an additional 14 shares during the last quarter. IFC Advisors LLC grew its position in shares of KLA by 4.6% in the first 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 grew its position in shares of KLA by 1.3% in the first 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. Finally, Lockerman Financial Group Inc. grew its position in shares of KLA by 3.8% in the first 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. 86.65% of the stock is currently owned by institutional investors and hedge funds.

KLA Stock Up 1.6%

Shares of NASDAQ KLAC opened at $932.63 on Thursday. KLA Corporation has a 1 year low of $551.33 and a 1 year high of $959.26. The firm's 50 day moving average price is $904.07 and its 200 day moving average price is $796.83. The firm has a market cap of $123.07 billion, a P/E ratio of 30.69, a price-to-earnings-growth ratio of 3.13 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.

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

KLA Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms have recently commented on KLAC. Raymond James Financial reiterated an "outperform" rating and issued a $950.00 price target (up from $850.00) on shares of KLA in a research report on Friday, August 1st. Oppenheimer increased their price target on shares of KLA from $740.00 to $950.00 and gave the company an "outperform" rating in a research report on Tuesday, June 17th. Morgan Stanley raised their target price on shares of KLA from $916.00 to $928.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. UBS Group raised their target price on shares of KLA from $775.00 to $960.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Finally, Citigroup raised their target price on shares of KLA from $1,035.00 to $1,060.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Eight analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus 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 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 transaction, the chief executive officer owned 92,818 shares of the company's stock, valued at $84,805,950.24. This trade represents a 10.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Virendra A. Kirloskar sold 39 shares of the 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 directly owned 2,616 shares in the company, valued at approximately $2,332,164. This represents a 1.47% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,605 shares of company stock worth $29,348,291. Company insiders own 0.12% of the company's stock.

KLA 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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