Bessemer Group Inc. Has $169.06 Million Stock Position in KLA Corporation $KLAC

Bessemer Group Inc. lifted its stake in KLA Corporation (NASDAQ:KLAC) by 1.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 188,735 shares of the semiconductor company’s stock after acquiring an additional 2,117 shares during the period. Bessemer Group Inc.’s holdings in KLA were worth $169,056,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of KLAC. GAMMA Investing LLC grew its stake in shares of KLA by 40.1% in the first quarter. GAMMA Investing LLC now owns 2,463 shares of the semiconductor company’s stock worth $1,674,000 after acquiring an additional 705 shares during the last quarter. Golden State Wealth Management LLC grew its stake in shares of KLA by 545.9% in the first quarter. Golden State Wealth Management LLC now owns 239 shares of the semiconductor company’s stock worth $162,000 after acquiring an additional 202 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of KLA by 10.0% in the first quarter. Sequoia Financial Advisors LLC now owns 2,928 shares of the semiconductor company’s stock worth $1,990,000 after acquiring an additional 267 shares during the last quarter. 3Chopt Investment Partners LLC acquired a new stake in shares of KLA in the first quarter worth $402,000. Finally, Sovran Advisors LLC grew its stake in shares of KLA by 54.4% in the first quarter. Sovran Advisors LLC now owns 548 shares of the semiconductor company’s stock worth $348,000 after acquiring an additional 193 shares during the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

KLA Stock Up 2.1%

Shares of NASDAQ KLAC opened at $1,182.82 on Monday. The stock has a market cap of $155.76 billion, a PE ratio of 38.92, a PEG ratio of 3.41 and a beta of 1.50. The business has a fifty day moving average of $1,003.14 and a two-hundred day moving average of $883.96. KLA Corporation has a 52-week low of $551.33 and a 52-week high of $1,191.26. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62.

KLA (NASDAQ:KLAC) last released 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. KLA had a return on equity of 112.41% and a net margin of 33.41%.The business had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.08 billion. During the same period in the previous year, the business posted $6.60 earnings per share. The firm’s revenue for the quarter was up 23.6% compared to the same quarter last year. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. As a group, equities research analysts expect that KLA Corporation will post 31.59 earnings per share for the current fiscal year.

KLA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Investors 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 0.6%. The ex-dividend date of this dividend was Monday, August 18th. KLA’s payout ratio is currently 25.01%.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. The Goldman Sachs Group raised their target price on KLA from $980.00 to $1,120.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of KLA in a research report on Saturday. JPMorgan Chase & Co. raised their target price on KLA from $900.00 to $1,070.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Wall Street Zen cut KLA from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. Finally, Needham & Company LLC raised their target price on KLA from $1,000.00 to $1,100.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Ten research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, KLA currently has a consensus rating of “Hold” and a consensus target price of $1,040.65.

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 value 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 $10,488,132.72. The trade was a 41.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Richard P. Wallace sold 10,801 shares of KLA stock in a transaction dated 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 transaction, the chief executive officer directly owned 92,818 shares of the company’s stock, valued at $84,805,950.24. This represents a 10.42% 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 over the last ninety days. 91.48% of the stock is owned by 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.