KLA Corporation $KLAC Stock Holdings Raised by Integrated Advisors Network LLC

Key Points

• Integrated Advisors Network LLC increased its KLA holdings by 145.9% in the third quarter to 29,147 shares valued at approximately $5.68 million. Institutional investors and hedge funds collectively own 86.65% of the company.
• KLA reported quarterly revenue of $3.66 billion and adjusted earnings of $1.05 per share, exceeding analyst expectations, while revenue rose 15.2% year over year. The company provided first-quarter fiscal 2027 EPS guidance of $1.06 to $1.26 and pays a $0.23 quarterly dividend.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $221.26, although Deutsche Bank lowered its target to $195. Company insiders sold about 243,339 shares worth $46.9 million over the past 90 days.

Integrated Advisors Network LLC grew its holdings in KLA Corporation (NASDAQ:KLAC - Free Report) by 145.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 29,147 shares of the semiconductor company's stock after purchasing an additional 17,292 shares during the quarter. Integrated Advisors Network LLC's holdings in KLA were worth $5,682,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wellington Management Group LLP increased its position in KLA by 928.9% in the 2nd quarter. Wellington Management Group LLP now owns 14,821,622 shares of the semiconductor company's stock worth $4,471,832,000 after buying an additional 13,381,153 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of KLA during the second quarter worth approximately $2,522,430,000. National Pension Service boosted its position in shares of KLA by 899.4% in the second quarter. National Pension Service now owns 3,634,859 shares of the semiconductor company's stock valued at $1,096,673,000 after acquiring an additional 3,271,158 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of KLA by 239.3% in the third quarter. Assenagon Asset Management S.A. now owns 5,614,990 shares of the semiconductor company's stock valued at $1,094,530,000 after acquiring an additional 3,959,927 shares during the period. Finally, PineStone Asset Management Inc. boosted its position in shares of KLA by 11.5% in the third quarter. PineStone Asset Management Inc. now owns 2,418,400 shares of the semiconductor company's stock valued at $471,419,000 after acquiring an additional 248,700 shares during the period. 86.65% of the stock is owned by institutional investors and hedge funds.

KLA Stock Performance

Shares of NASDAQ:KLAC opened at $161.74 on Wednesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.88 and a quick ratio of 2.03. The business's fifty day moving average price is $185.35 and its two-hundred day moving average price is $197.25. KLA Corporation has a fifty-two week low of $107.20 and a fifty-two week high of $307.37. The stock has a market capitalization of $211.07 billion, a price-to-earnings ratio of 44.11, a price-to-earnings-growth ratio of 1.47 and a beta of 1.45.

KLA (NASDAQ:KLAC - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $1.00 by $0.05. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. KLA had a net margin of 35.57% and a return on equity of 87.66%. The company's revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.94 earnings per share. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. As a group, analysts predict that KLA Corporation will post 5.43 EPS for the current fiscal year.

KLA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 0.6%. The ex-dividend date was Monday, August 17th. This is a boost from KLA's previous quarterly dividend of $0.23. KLA's dividend payout ratio is 25.07%.

Insider Activity at KLA

In other KLA news, EVP Brian Lorig sold 59,586 shares of the business's stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $208.13, for a total value of $12,401,634.18. Following the completion of the transaction, the executive vice president directly owned 77,681 shares of the company's stock, valued at approximately $16,167,746.53. The trade was a 43.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Richard Wallace sold 72,019 shares of the company's stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $171.88, for a total transaction of $12,378,625.72. Following the transaction, the chief executive officer owned 706,925 shares in the company, valued at $121,506,269. The trade was a 9.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 243,339 shares of company stock worth $46,903,454. 79.39% of the stock is owned by insiders.

Analyst Ratings Changes

KLAC has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $195.00 target price (down from $220.00) on shares of KLA in a research report on Wednesday, July 29th. Sanford C. Bernstein reissued an "outperform" rating and issued a $225.00 price target on shares of KLA in a report on Wednesday, July 29th. Barclays restated an "overweight" rating and issued a $225.00 price target on shares of KLA in a research report on Monday, July 20th. Susquehanna set a $215.00 price objective on shares of KLA and gave the stock a "neutral" rating in a report on Wednesday, July 29th. Finally, Needham & Company LLC restated a "buy" rating and set a $270.00 price objective on shares of KLA in a report on Wednesday, July 29th. Nineteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $221.26.

KLA Company Profile

KLA Corporation NASDAQ: KLAC develops process control, inspection and yield management solutions for the semiconductor and other advanced manufacturing industries. Its technologies help manufacturers identify defects, measure critical dimensions and monitor production processes to improve quality, reliability and manufacturing efficiency.

The company's product portfolio includes wafer and reticle inspection systems, metrology and measurement tools, defect review and classification systems, and software for analyzing manufacturing data.

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