KLA Corporation $KLAC Shares Purchased by Harbor Island Capital LLC

Posted by George Bondi on Sep 2nd, 2026

Harbor Island Capital LLC raised its position in shares of KLA Corporation (NASDAQ:KLAC – Free Report) by 900.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 135,960 shares of the semiconductor company’s stock after purchasing an additional 122,364 shares during the quarter. KLA comprises 10.9% of Harbor Island Capital LLC’s portfolio, making the stock its 3rd largest holding. Harbor Island Capital LLC’s holdings in KLA were worth $41,020,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of KLAC. Wellington Management Group LLP lifted its holdings in shares of KLA by 928.9% in the second quarter. Wellington Management Group LLP now owns 14,821,622 shares of the semiconductor company’s stock valued at $4,471,832,000 after buying an additional 13,381,153 shares during the period. Bank of New York Mellon Corp bought a new position in KLA during the second quarter valued at about $2,522,430,000. Railway Pension Investments Ltd grew its holdings in KLA by 960.4% during the second quarter. Railway Pension Investments Ltd now owns 926,652 shares of the semiconductor company’s stock worth $279,580,000 after acquiring an additional 839,265 shares during the period. Handelsbanken Fonder AB raised its position in KLA by 978.2% in the second quarter. Handelsbanken Fonder AB now owns 858,984 shares of the semiconductor company’s stock worth $259,164,000 after acquiring an additional 779,317 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in KLA in the second quarter worth about $163,950,000. Institutional investors own 86.65% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on KLAC. Zacks Research upgraded shares of KLA from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 30th. Needham & Company LLC reiterated a “buy” rating and issued a $270.00 target price on shares of KLA in a report on Wednesday, July 29th. Citigroup restated a “buy” rating on shares of KLA in a report on Wednesday, June 17th. Royal Bank Of Canada restated a “sector perform” rating and issued a $180.00 price target (up from $170.00) on shares of KLA in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $195.00 price target (down from $220.00) on shares of KLA in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, KLA currently has a consensus rating of “Moderate Buy” and a consensus target price of $222.22.

Check Out Our Latest Stock Report on KLA

Insiders Place Their Bets

In other KLA news, EVP Mary Beth Wilkinson sold 13,802 shares of KLA stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $195.50, for a total transaction of $2,698,291.00. Following the transaction, the executive vice president directly owned 22,110 shares in the company, valued at approximately $4,322,505. The trade was a 38.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Richard P. Wallace sold 87,568 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $198.95, for a total transaction of $17,421,653.60. Following the sale, the chief executive officer directly owned 778,944 shares in the company, valued at approximately $154,970,908.80. This trade represents a 10.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 258,533 shares of company stock worth $55,977,470 in the last quarter. Corporate insiders own 91.48% of the company’s stock.

KLA Trading Down 2.6%

Shares of KLAC opened at $170.89 on Wednesday. The business’s 50-day moving average price is $209.84 and its 200 day moving average price is $188.27. The company has a current ratio of 2.88, a quick ratio of 2.03 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $223.28 billion, a P/E ratio of 46.60, a P/E/G ratio of 1.35 and a beta of 1.45. KLA Corporation has a 1-year low of $83.22 and a 1-year high of $307.37.

KLA (NASDAQ:KLAC – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.05. KLA had a net margin of 35.57% and a return on equity of 87.66%. The company had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. During the same period in the prior year, the firm earned $0.94 earnings per share. The business’s quarterly revenue was up 15.2% on a year-over-year basis. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Analysts expect that KLA Corporation will post 5.42 earnings per share for the current year.

KLA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th were issued a dividend of $0.23 per share. This is an increase from KLA’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Monday, August 17th. KLA’s dividend payout ratio (DPR) is presently 25.07%.

KLA Company Profile

(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.