MBB Public Markets I LLC Purchases Shares of 443 KLA Corporation $KLAC

Key Points

• MBB Public Markets I LLC acquired a stake in KLA Corporation, purchasing 443 shares valued at approximately $301,000.
• KLA Corporation reported strong earnings in its last quarter, with an EPS of $9.38 and quarterly revenue of $3.17 billion, surpassing analyst expectations.
• The company's recently declared quarterly dividend was $1.90 per share, reflecting an annualized dividend yield of 0.8%.

MBB Public Markets I LLC purchased a new stake in KLA Corporation (NASDAQ:KLAC - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 443 shares of the semiconductor company's stock, valued at approximately $301,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ascent Group LLC grew its holdings in KLA by 43.7% in the 1st quarter. Ascent Group LLC now owns 3,389 shares of the semiconductor company's stock valued at $2,304,000 after buying an additional 1,030 shares during the period. Meiji Yasuda Life Insurance Co grew its holdings in KLA by 1.2% in the 1st quarter. Meiji Yasuda Life Insurance Co now owns 1,212 shares of the semiconductor company's stock valued at $824,000 after buying an additional 14 shares during the period. Coppell Advisory Solutions LLC grew its holdings in KLA by 21,959.8% in the 1st quarter. Coppell Advisory Solutions LLC now owns 47,208 shares of the semiconductor company's stock valued at $32,092,000 after buying an additional 46,994 shares during the period. United Services Automobile Association purchased a new stake in KLA in the 1st quarter valued at about $2,103,000. Finally, Meiji Yasuda Asset Management Co Ltd. grew its holdings in shares of KLA by 3.9% during the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 5,466 shares of the semiconductor company's stock worth $3,716,000 after purchasing an additional 205 shares during the period. Hedge funds and other institutional investors own 86.65% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KLAC. The Goldman Sachs Group began coverage on KLA in a report on Thursday, July 10th. They set a "neutral" rating and a $980.00 target price for the company. Wall Street Zen cut KLA from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Wells Fargo & Company reiterated an "equal weight" rating and set a $920.00 target price (up previously from $870.00) on shares of KLA in a report on Tuesday, July 8th. Cantor Fitzgerald reiterated an "overweight" rating on shares of KLA in a report on Tuesday, June 24th. Finally, JPMorgan Chase & Co. boosted their price target on KLA from $900.00 to $1,070.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Eight investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, KLA has a consensus rating of "Hold" and a consensus price target of $890.59.

KLA Stock Performance

Shares of KLAC opened at $959.28 on Friday. The business's 50 day moving average is $904.97 and its two-hundred day moving average is $798.36. KLA Corporation has a 52-week low of $551.33 and a 52-week high of $963.89. The firm 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. 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 (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. KLA had a return on equity of 112.41% and a net margin of 33.41%.The company had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.08 billion. During the same period in the prior year, the company posted $6.60 EPS. KLA's quarterly revenue was up 23.6% on a year-over-year basis. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. Analysts forecast that KLA Corporation will post 31.59 EPS for the current fiscal year.

KLA Dividend Announcement

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

Insider Transactions at KLA

In other news, insider Ahmad A. Khan sold 13,716 shares of the business's stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $881.50, for a total value of $12,090,654.00. Following the completion of the sale, the insider directly owned 27,372 shares in the company, valued at approximately $24,128,418. The trade was a 33.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Brian Lorig sold 8,049 shares of the business's stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total value of $7,354,210.32. Following the completion of the sale, the executive vice president owned 11,479 shares of the company's stock, valued at $10,488,132.72. This trade represents a 41.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,605 shares of company stock valued at $29,348,291 over the last 90 days. 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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