KLA Corporation $KLAC Shares Acquired by Private Trust Co. NA

Private Trust Co. NA lifted its stake in shares of KLA Corporation (NASDAQ:KLAC) by 4.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,101 shares of the semiconductor company’s stock after purchasing an additional 50 shares during the quarter. Private Trust Co. NA’s holdings in KLA were worth $986,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of KLA by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 13,564,622 shares of the semiconductor company’s stock worth $9,221,230,000 after purchasing an additional 80,154 shares during the period. Goldman Sachs Group Inc. raised its position in shares of KLA by 27.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,852,814 shares of the semiconductor company’s stock worth $1,259,543,000 after purchasing an additional 404,634 shares during the period. Amundi raised its position in shares of KLA by 18.0% during the 1st quarter. Amundi now owns 1,645,599 shares of the semiconductor company’s stock worth $1,026,983,000 after purchasing an additional 251,339 shares during the period. Pictet Asset Management Holding SA raised its position in shares of KLA by 9.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,586,781 shares of the semiconductor company’s stock worth $1,078,526,000 after purchasing an additional 131,620 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of KLA by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 890,607 shares of the semiconductor company’s stock worth $605,435,000 after purchasing an additional 33,551 shares during the period. 86.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on KLAC shares. Citigroup increased their price target on KLA from $1,035.00 to $1,060.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. TD Cowen raised their target price on KLA from $800.00 to $900.00 and gave the company a “hold” rating in a research report on Friday, August 1st. UBS Group raised their target price on KLA from $775.00 to $960.00 and gave the company a “neutral” rating in a research report on Monday, July 21st. JPMorgan Chase & Co. raised their target price on KLA from $900.00 to $1,070.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Stifel Nicolaus raised their target price on KLA from $922.00 to $1,050.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Nine research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat.com, KLA presently has an average rating of “Hold” and an average target price of $1,009.40.

KLA Stock Performance

Shares of NASDAQ KLAC opened at $1,106.66 on Friday. The stock has a fifty day moving average price of $980.52 and a two-hundred day moving average price of $863.57. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62. The firm has a market cap of $145.72 billion, a P/E ratio of 36.42, a PEG ratio of 3.19 and a beta of 1.50. KLA Corporation has a 1 year low of $551.33 and a 1 year high of $1,155.00.

KLA (NASDAQ:KLAC) last issued its quarterly 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. The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.08 billion. KLA had a return on equity of 112.41% and a net margin of 33.41%.The firm’s quarterly revenue was up 23.6% on a year-over-year basis. During the same period last year, the company posted $6.60 EPS. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. Research analysts forecast that KLA Corporation will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Monday, August 18th were paid a dividend of $1.90 per share. This represents a $7.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, August 18th. KLA’s dividend payout ratio (DPR) is presently 25.01%.

Insider Buying and Selling at KLA

In other KLA news, EVP Brian Lorig sold 8,049 shares of the stock in a transaction on 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 transaction, the executive vice president directly owned 11,479 shares of the company’s stock, valued at approximately $10,488,132.72. This trade represents a 41.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Richard P. Wallace sold 10,801 shares of the stock in a transaction 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 transaction, the chief executive officer directly owned 92,818 shares of the company’s stock, valued at approximately $84,805,950.24. The trade was a 10.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,566 shares of company stock valued at $29,313,522. 91.48% of the stock is owned by corporate insiders.

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.