39 Shares in KLA Corporation $KLAC Purchased by Sentry Investment Management LLC

Sentry Investment Management LLC acquired a new position in shares of KLA Corporation (NASDAQ:KLAC) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 39 shares of the semiconductor company’s stock, valued at approximately $36,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. 3Chopt Investment Partners LLC acquired a new stake in KLA during the first quarter worth about $402,000. GAMMA Investing LLC increased its position in shares of KLA by 40.1% during the first quarter. GAMMA Investing LLC now owns 2,463 shares of the semiconductor company’s stock valued at $1,674,000 after acquiring an additional 705 shares during the last quarter. Confluence Wealth Services Inc. acquired a new stake in shares of KLA during the first quarter valued at about $1,479,000. Strs Ohio acquired a new stake in shares of KLA during the first quarter valued at about $26,473,000. Finally, Acadian Asset Management LLC increased its position in shares of KLA by 37.7% during the first quarter. Acadian Asset Management LLC now owns 41,784 shares of the semiconductor company’s stock valued at $28,400,000 after acquiring an additional 11,442 shares during the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Barclays lifted their price target on shares of KLA from $590.00 to $750.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. JPMorgan Chase & Co. lifted their price target on shares of KLA from $900.00 to $1,070.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Bank of America lifted their price target on shares of KLA from $1,000.00 to $1,300.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Wells Fargo & Company lifted their price target on shares of KLA from $920.00 to $1,115.00 and gave the company an “equal weight” rating in a research report on Thursday, October 2nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of KLA in a report on Wednesday, October 8th. Nine research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat.com, KLA has a consensus rating of “Hold” and a consensus price target of $1,009.40.

KLA Trading Up 0.7%

Shares of KLAC stock opened at $1,106.66 on Monday. 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 stock has a market capitalization of $145.72 billion, a P/E ratio of 36.42, a price-to-earnings-growth ratio of 3.19 and a beta of 1.50. The company has a 50 day moving average price of $980.52 and a 200 day moving average price of $865.27. KLA Corporation has a fifty-two week low of $551.33 and a fifty-two week 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, topping analysts’ consensus estimates of $8.53 by $0.85. KLA had a net margin of 33.41% and a return on equity of 112.41%. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.08 billion. During the same quarter in the previous year, the firm earned $6.60 earnings per share. The firm’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. Equities research analysts predict 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. Investors of record on Monday, August 18th were paid a $1.90 dividend. The ex-dividend date was Monday, August 18th. This represents a $7.60 dividend on an annualized basis and a yield of 0.7%. KLA’s payout ratio is currently 25.01%.

Insider Buying and Selling

In related news, insider Ahmad A. Khan sold 13,716 shares of KLA stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $881.50, for a total value of $12,090,654.00. Following the completion of the transaction, the insider owned 27,372 shares in the company, valued at $24,128,418. The trade was a 33.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Brian Lorig sold 8,049 shares of KLA stock in a transaction that occurred 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 owned 11,479 shares of the company’s stock, valued at $10,488,132.72. This represents a 41.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,566 shares of company stock worth $29,313,522 over the last 90 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.