Rep. Val T. Hoyle Sells KLA Corporation (NASDAQ:KLAC) Stock

Key Points

• Representative Val T. Hoyle sold shares of KLA Corporation, disclosing a transaction valued between $1,001 and $15,000 that took place on September 23rd.
• KLA Corporation's stock is currently trading down 6.7%, with a market cap of $129.41 billion and a recent quarterly earnings report showing earnings per share of $9.38, exceeding analysts' estimates.
• The company announced a quarterly dividend of $1.90, translating to an annualized yield of 0.8%, with a payout ratio currently at 25.01%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of KLA Corporation NASDAQ: KLAC. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in KLA stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

KLA Trading Down 6.7%

KLA stock opened at $982.75 on Friday. KLA Corporation has a 52-week low of $551.33 and a 52-week high of $1,155.00. The company has a market cap of $129.41 billion, a P/E ratio of 32.34, a P/E/G ratio of 3.16 and a beta of 1.50. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 1.25. The business has a 50-day simple moving average of $963.94 and a two-hundred day simple moving average of $849.23.

KLA (NASDAQ:KLAC - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share (EPS) 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%. The firm's revenue was up 23.6% compared to the same quarter last year. 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. Analysts predict that KLA Corporation will post 31.59 EPS for the current year.

KLA Dividend Announcement

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

Institutional Trading of KLA

A number of institutional investors have recently modified their holdings of the company. Canandaigua National Bank & Trust Co. lifted its holdings in shares of KLA by 1.2% during the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 836 shares of the semiconductor company's stock valued at $902,000 after purchasing an additional 10 shares during the last quarter. Valeo Financial Advisors LLC increased its position in KLA by 1.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,224 shares of the semiconductor company's stock valued at $1,096,000 after buying an additional 13 shares in the last quarter. MAI Capital Management boosted its holdings in KLA by 1.0% in the first quarter. MAI Capital Management now owns 1,365 shares of the semiconductor company's stock worth $928,000 after acquiring an additional 14 shares in the last quarter. Meiji Yasuda Life Insurance Co grew its stake in shares of KLA by 1.2% during the first quarter. Meiji Yasuda Life Insurance Co now owns 1,212 shares of the semiconductor company's stock worth $824,000 after acquiring an additional 14 shares during the last quarter. Finally, IFC Advisors LLC grew its stake in shares of KLA by 4.6% during the first quarter. IFC Advisors LLC now owns 342 shares of the semiconductor company's stock worth $232,000 after acquiring an additional 15 shares during the last quarter. 86.65% of the stock is currently owned by institutional investors.

Insider Activity at KLA

In related news, CEO Richard P. Wallace sold 10,801 shares of KLA 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 $9,868,657.68. Following the completion of the sale, the chief executive officer directly owned 92,818 shares in the company, valued at $84,805,950.24. This trade represents a 10.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Brian Lorig sold 8,049 shares of the company's stock in a transaction 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 transaction, the executive vice president directly owned 11,479 shares in the company, valued at approximately $10,488,132.72. The trade was a 41.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 32,566 shares of company stock valued at $29,313,522 in the last three months. 91.48% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on KLAC shares. Wall Street Zen cut shares of KLA from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Citigroup raised their target price on KLA from $1,035.00 to $1,060.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Stifel Nicolaus boosted their price target on KLA from $770.00 to $922.00 and gave the company a "buy" rating in a report on Friday, August 1st. Raymond James Financial restated an "outperform" rating and issued a $950.00 price target (up previously from $850.00) on shares of KLA in a research report on Friday, August 1st. Finally, The Goldman Sachs Group lifted their price objective on KLA from $980.00 to $1,120.00 and gave the company a "neutral" rating in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company's stock. Based on data from MarketBeat.com, KLA presently has a consensus rating of "Hold" and an average price target of $973.16.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

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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