KLA (NASDAQ:KLAC) Hits New 52-Week High – Here’s What Happened

Posted by George Bondi on May 28th, 2026

Shares of KLA Corporation (NASDAQ:KLAC – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $1,950.00 and last traded at $1,945.00, with a volume of 56030 shares traded. The stock had previously closed at $1,888.38.

Analyst Ratings Changes

KLAC has been the topic of a number of recent analyst reports. Zacks Research cut KLA from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. The Goldman Sachs Group lifted their price target on KLA from $1,505.00 to $1,550.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. New Street Research lifted their price target on KLA from $1,460.00 to $1,770.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Jefferies Financial Group raised their price objective on shares of KLA from $1,700.00 to $2,000.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Dbs Bank upgraded shares of KLA from a “hold” rating to a “moderate buy” rating in a research note on Monday, March 9th. Twenty investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, KLA currently has an average rating of “Moderate Buy” and a consensus target price of $1,842.19.

Get Our Latest Stock Analysis on KLA

KLA Stock Performance

The company has a quick ratio of 2.11, a current ratio of 3.03 and a debt-to-equity ratio of 1.01. The stock has a market cap of $255.66 billion, a price-to-earnings ratio of 55.40, a price-to-earnings-growth ratio of 2.98 and a beta of 1.50. The company’s 50-day simple moving average is $1,713.83 and its 200-day simple moving average is $1,476.20.

KLA shares are set to split before the market opens on Friday, June 12th. The 10-1 split was announced on Thursday, May 7th. The newly minted shares will be distributed to shareholders after the closing bell on Thursday, June 11th.

KLA (NASDAQ:KLAC – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $9.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.17 by $0.23. The firm had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.37 billion. KLA had a net margin of 35.66% and a return on equity of 91.89%. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $8.41 earnings per share. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. Analysts predict that KLA Corporation will post 37.06 EPS for the current fiscal year.

KLA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th will be given a $2.30 dividend. This represents a $9.20 annualized dividend and a yield of 0.5%. This is a positive change from KLA’s previous quarterly dividend of $1.90. The ex-dividend date is Monday, May 18th. KLA’s dividend payout ratio (DPR) is presently 26.04%.

KLA declared that its board has initiated a stock buyback program on Thursday, March 12th that allows the company to repurchase $7.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to reacquire up to 3.7% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Insider Transactions at KLA

In other KLA news, CEO Richard P. Wallace sold 4,512 shares of KLA stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $1,794.00, for a total value of $8,094,528.00. Following the transaction, the chief executive officer owned 75,895 shares in the company, valued at approximately $136,155,630. The trade was a 5.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 91.48% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in KLAC. Close Asset Management Ltd acquired a new position in KLA in the third quarter worth approximately $133,209,000. PFA Pension Forsikringsaktieselskab acquired a new position in KLA in the 4th quarter worth approximately $119,618,000. Clal Insurance Enterprises Holdings Ltd boosted its stake in KLA by 151.2% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 116,292 shares of the semiconductor company’s stock worth $171,230,000 after purchasing an additional 70,000 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in KLA by 69.1% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 87,547 shares of the semiconductor company’s stock worth $94,422,000 after purchasing an additional 35,770 shares during the period. Finally, Pinebridge Investments LLC acquired a new position in KLA in the 4th quarter worth approximately $32,812,000. Institutional investors and hedge funds own 86.65% of the company’s stock.

About KLA

(Get Free Report)

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA’s offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.