Private Wealth Asset Management LLC Buys 145 Shares of KLA Corporation $KLAC

Private Wealth Asset Management LLC increased its stake in KLA Corporation (NASDAQ:KLAC) by 73.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 343 shares of the semiconductor company’s stock after buying an additional 145 shares during the quarter. Private Wealth Asset Management LLC’s holdings in KLA were worth $307,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. MAI Capital Management increased its stake in shares of KLA by 1.0% during the first quarter. MAI Capital Management now owns 1,365 shares of the semiconductor company’s stock worth $928,000 after purchasing an additional 14 shares in the last quarter. Meiji Yasuda Life Insurance Co lifted 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 acquiring an additional 14 shares in the last quarter. IFC Advisors LLC boosted its stake in shares of KLA by 4.6% in 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. Trust Investment Advisors increased its position in shares of KLA by 1.3% during the first quarter. Trust Investment Advisors now owns 1,188 shares of the semiconductor company’s stock worth $808,000 after purchasing an additional 15 shares in the last quarter. Finally, Childress Capital Advisors LLC raised its stake in KLA by 3.3% in the 1st quarter. Childress Capital Advisors LLC now owns 495 shares of the semiconductor company’s stock valued at $337,000 after purchasing an additional 16 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.

Insider Activity at KLA

In related news, EVP Brian Lorig sold 8,049 shares of KLA stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total transaction of $7,354,210.32. Following the completion of the sale, the executive vice president owned 11,479 shares in the company, valued at approximately $10,488,132.72. This trade represents a 41.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ahmad A. Khan sold 13,716 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $881.50, for a total transaction of $12,090,654.00. Following the completion of the transaction, the insider owned 27,372 shares in the company, valued at approximately $24,128,418. This trade represents a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,566 shares of company stock valued at $29,313,522 over the last quarter. Insiders own 91.48% of the company’s stock.

KLA Price Performance

Shares of NASDAQ:KLAC opened at $1,087.01 on Thursday. The company has a 50-day moving average price of $972.95 and a 200 day moving average price of $856.53. The company has a market cap of $143.14 billion, a P/E ratio of 35.77, a PEG ratio of 2.96 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. KLA Corporation has a 52 week low of $551.33 and a 52 week high of $1,155.00.

KLA (NASDAQ:KLAC) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $9.38 EPS for the quarter, topping the consensus estimate of $8.53 by $0.85. KLA had a return on equity of 112.41% and a net margin of 33.41%.The business had revenue of $3.17 billion for the quarter, compared to analyst estimates of $3.08 billion. During the same quarter in the previous year, the company earned $6.60 EPS. The company’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. Research analysts predict that KLA Corporation will post 31.59 earnings per share for the current year.

KLA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Monday, August 18th were given a $1.90 dividend. This represents a $7.60 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, August 18th. KLA’s dividend payout ratio is currently 25.01%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on KLAC. Raymond James Financial reaffirmed an “outperform” rating and set a $950.00 target price (up previously from $850.00) on shares of KLA in a research note on Friday, August 1st. Wolfe Research increased their price target on shares of KLA from $1,075.00 to $1,250.00 and gave the company an “outperform” rating in a research note on Thursday, October 9th. Needham & Company LLC raised their price objective on KLA from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Monday. UBS Group upped their price target on KLA from $775.00 to $960.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of KLA from $930.00 to $1,070.00 and gave the stock a “hold” rating in a research note on Tuesday, September 30th. Nine analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $1,009.40.

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.