KLA Corporation $KLAC Shares Purchased by Bokf Na

Key Points

• KLA authorized a $7 billion share buyback and raised its quarterly dividend by 21% to $2.30 while reaffirming March-quarter guidance, prompting an immediate bullish market reaction.
• The company reported a quarterly EPS beat ($8.85 vs. $8.75 est.) and revenue of $3.30 billion (up 7.1% YoY), and analysts have lifted price targets, leaving a consensus rating of “Moderate Buy” with a $1,601.04 target.
• On the ownership front, Bokf Na increased its stake by 16.6% to 8,534 shares (about $9.2M), while CFO Bren D. Higgins sold 2,254 shares for roughly $2.79M, reducing his position by 6.55%.

Bokf Na boosted its holdings in KLA Corporation (NASDAQ:KLAC - Free Report) by 16.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,534 shares of the semiconductor company's stock after buying an additional 1,218 shares during the quarter. Bokf Na's holdings in KLA were worth $9,205,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of KLAC. Keyvantage Wealth LLC acquired a new stake in shares of KLA during the 2nd quarter worth about $217,000. Citizens Financial Group Inc. RI increased its stake in KLA by 1.5% in the second quarter. Citizens Financial Group Inc. RI now owns 8,419 shares of the semiconductor company's stock valued at $7,541,000 after purchasing an additional 125 shares during the last quarter. Rothschild Investment LLC increased its stake in KLA by 36.5% in the second quarter. Rothschild Investment LLC now owns 2,078 shares of the semiconductor company's stock valued at $1,861,000 after purchasing an additional 556 shares during the last quarter. Invenio Wealth Partners LLC raised its holdings in KLA by 9.7% during the second quarter. Invenio Wealth Partners LLC now owns 464 shares of the semiconductor company's stock worth $416,000 after purchasing an additional 41 shares in the last quarter. Finally, Dorsey Wright & Associates purchased a new stake in shares of KLA during the 2nd quarter worth approximately $292,000. 86.65% of the stock is owned by hedge funds and other institutional investors.

KLA News Summary

Here are the key news stories impacting KLA this week:

• Positive Sentiment: Company announced a new $7 billion share repurchase authorization and a 21% increase to the quarterly dividend (to $2.30), and reaffirmed March‑quarter guidance — a clear capital‑return boost for shareholders that drove initial upside. KLA Hosts Investor Day; Announces $7 Billion Share Repurchase Program and 21% Increase to Quarterly Dividend; Reaffirms March 2026 Guidance
• Positive Sentiment: Market headlines and premarket coverage showed an immediate bullish reaction to the buyback/dividend news, lifting sentiment among momentum and income investors. KLA Corp Announces Massive $7 Billion Buyback, Dividend Hike
• Positive Sentiment: Analysts and sector stories highlight continued tailwinds from AI infrastructure and advanced packaging demand, supporting medium‑term revenue growth expectations for process‑control equipment providers like KLA. 3 Electronics Stocks Set to Benefit From a Thriving Industry
• Neutral Sentiment: Recent coverage highlights strong momentum (90‑day and 1‑year returns) but shows divergent fair‑value estimates — some analysts signal more upside, others flag elevated multiples; this creates mixed near‑term signals for valuation‑sensitive investors. Assessing KLA (KLAC) Valuation As Recent Momentum Meets Conflicting Fair Value Estimates
• Neutral Sentiment: With the share price above $1,400, commentary has renewed stock‑split speculation (could widen retail interest) — a psychological/structural consideration rather than an immediate fundamental change.
• Negative Sentiment: Some analyst notes and coverage still point to a softer fiscal‑Q3 outlook and potential near‑term cyclicality in capex, leaving room for downside if customer spending moderates; that risk likely contributed to intraday profit‑taking after the initial rally. KLA Jumps 22% in 3 Months: Is There More Room for the Stock to Grow?

Insider Buying and Selling

In other KLA news, CFO Bren D. Higgins sold 2,254 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $1,237.01, for a total transaction of $2,788,220.54. Following the completion of the sale, the chief financial officer directly owned 32,154 shares of the company's stock, valued at approximately $39,774,819.54. This trade represents a 6.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 91.48% of the stock is currently owned by corporate insiders.

KLA Trading Down 3.8%

Shares of KLA stock opened at $1,409.57 on Friday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 2.00 and a current ratio of 2.83. The company has a market capitalization of $184.77 billion, a P/E ratio of 41.01, a PEG ratio of 2.76 and a beta of 1.45. KLA Corporation has a 1 year low of $551.33 and a 1 year high of $1,693.35. The company's fifty day moving average is $1,461.52 and its two-hundred day moving average is $1,234.55.

KLA (NASDAQ:KLAC - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The semiconductor company reported $8.85 EPS for the quarter, beating analysts' consensus estimates of $8.75 by $0.10. KLA had a net margin of 35.76% and a return on equity of 98.18%. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.25 billion. During the same period in the previous year, the business posted $8.20 earnings per share. KLA's quarterly revenue was up 7.1% on a year-over-year basis. Analysts forecast that KLA Corporation will post 31.59 earnings per share for the current year.

KLA announced that its Board of Directors has authorized a stock buyback program on Thursday, March 12th that authorizes the company to buyback $7.00 billion in shares. This buyback authorization authorizes the semiconductor company to repurchase up to 3.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its shares are undervalued.

KLA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were paid a dividend of $1.90 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $7.60 annualized dividend and a yield of 0.5%. KLA's dividend payout ratio is currently 22.11%.

Analysts Set New Price Targets

A number of research firms recently commented on KLAC. Susquehanna reaffirmed a "neutral" rating and issued a $1,500.00 target price on shares of KLA in a research report on Monday, January 12th. Deutsche Bank Aktiengesellschaft set a $1,630.00 price target on shares of KLA in a research report on Friday, January 30th. Jefferies Financial Group raised their price objective on KLA from $1,500.00 to $1,850.00 and gave the stock a "buy" rating in a report on Friday, January 30th. Bank of America lifted their target price on KLA from $1,450.00 to $1,650.00 and gave the stock a "buy" rating in a research report on Tuesday, January 13th. Finally, Wolfe Research upped their target price on KLA from $1,500.00 to $1,800.00 and gave the company an "outperform" rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $1,601.04.

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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