Paradigm Asset Management Co. LLC Has $1.88 Million Stock Holdings in KLA Corporation $KLAC

Paradigm Asset Management Co. LLC grew its holdings in KLA Corporation (NASDAQ:KLAC) by 950.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,100 shares of the semiconductor company’s stock after purchasing an additional 1,900 shares during the period. Paradigm Asset Management Co. LLC’s holdings in KLA were worth $1,881,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Activest Wealth Management boosted its stake in shares of KLA by 4,100.0% in the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 41 shares in the last quarter. Ulland Investment Advisors LLC bought a new stake in KLA during the 2nd quarter worth $32,000. Saudi Central Bank acquired a new position in KLA in the 1st quarter worth about $36,000. Sentry Investment Management LLC bought a new stake in KLA during the 2nd quarter worth approximately $36,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in KLA in the 1st quarter valued at approximately $37,000. 86.65% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on KLAC shares. Berenberg Bank increased their price target on KLA from $1,010.00 to $1,460.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Susquehanna increased their target price on shares of KLA from $745.00 to $1,125.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Raymond James Financial restated an “outperform” rating and set a $950.00 price target (up previously from $850.00) on shares of KLA in a report on Friday, August 1st. UBS Group upped their price objective on shares of KLA from $1,135.00 to $1,260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Finally, Cowen reissued a “hold” rating on shares of KLA in a research note on Thursday, October 30th. Twelve analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $1,237.16.

KLA Stock Performance

NASDAQ:KLAC opened at $1,193.37 on Friday. The company has a market capitalization of $156.80 billion, a P/E ratio of 37.47, a P/E/G ratio of 3.56 and a beta of 1.52. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.62 and a quick ratio of 1.83. The business has a fifty day simple moving average of $1,069.46 and a two-hundred day simple moving average of $920.95. KLA Corporation has a 1 year low of $551.33 and a 1 year high of $1,284.47.

KLA (NASDAQ:KLAC) last announced its quarterly earnings results on Wednesday, October 29th. The semiconductor company reported $8.81 EPS for the quarter, beating analysts’ consensus estimates of $8.47 by $0.34. KLA had a net margin of 33.83% and a return on equity of 113.10%. The company had revenue of $3.21 billion for the quarter, compared to analysts’ expectations of $3.17 billion. During the same period in the prior year, the company posted $7.33 EPS. KLA’s revenue was up 13.0% compared to the same quarter last year. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. On average, analysts expect that KLA Corporation will post 31.59 earnings per share for the current year.

KLA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Monday, November 17th will be 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 is Monday, November 17th. KLA’s dividend payout ratio (DPR) is presently 23.86%.

Insider Activity at KLA

In other news, insider Ahmad A. Khan sold 13,716 shares of the stock in a transaction dated 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 sale, the insider directly owned 27,372 shares of the company’s stock, valued at approximately $24,128,418. This represents a 33.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Brian Lorig sold 8,049 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total transaction of $7,354,210.32. Following the transaction, the executive vice president directly owned 11,479 shares of the company’s stock, valued at approximately $10,488,132.72. This represents a 41.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 32,566 shares of company stock worth $29,313,522. 91.48% of the stock is owned by company insiders.

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.