Analysts Set KLA Corporation (NASDAQ:KLAC) Price Target at $1,243.81

KLA Corporation (NASDAQ:KLAC) has earned an average recommendation of “Moderate Buy” from the twenty-six ratings firms that are presently covering the stock, Marketbeat.com reports. Thirteen research analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $1,275.5385.

Several research analysts have issued reports on the stock. Cantor Fitzgerald lifted their price target on shares of KLA from $1,170.00 to $1,350.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Susquehanna raised their price objective on KLA from $745.00 to $1,125.00 and gave the stock a “neutral” rating in a research note on Friday, October 31st. Citic Securities lifted their target price on KLA from $950.00 to $1,350.00 in a report on Friday, November 7th. Argus set a $1,400.00 target price on KLA in a report on Friday, October 31st. Finally, Rothschild & Co Redburn increased their price target on KLA from $1,100.00 to $1,300.00 and gave the company a “neutral” rating in a research report on Friday, October 31st.

Insider Activity at KLA

In other KLA news, CEO Richard P. Wallace sold 10,803 shares of KLA stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $1,203.10, for a total transaction of $12,997,089.30. Following the transaction, the chief executive officer directly owned 81,211 shares in the company, valued at approximately $97,704,954.10. The trade was a 11.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Bren D. Higgins sold 2,254 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $1,237.01, for a total transaction of $2,788,220.54. Following the sale, the chief financial officer directly owned 32,154 shares in the company, valued at approximately $39,774,819.54. This trade represents a 6.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 91.48% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Activest Wealth Management raised its position in KLA by 4,100.0% during the first quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 41 shares during the period. Ulland Investment Advisors LLC purchased a new position in KLA during the 2nd quarter valued at about $32,000. Saudi Central Bank acquired a new position in shares of KLA in the 1st quarter valued at about $36,000. Sentry Investment Management LLC acquired a new position in shares of KLA in the 2nd quarter valued at about $36,000. Finally, Arlington Trust Co LLC lifted its position in shares of KLA by 125.0% in the third quarter. Arlington Trust Co LLC now owns 36 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 86.65% of the company’s stock.

KLA Price Performance

Shares of KLA stock opened at $1,245.67 on Friday. KLA has a 52 week low of $551.33 and a 52 week high of $1,284.47. The company has a current ratio of 2.69, a quick ratio of 1.88 and a debt-to-equity ratio of 1.18. The stock has a market cap of $163.67 billion, a PE ratio of 39.11, a price-to-earnings-growth ratio of 3.39 and a beta of 1.44. The company’s 50-day moving average price is $1,174.43 and its two-hundred day moving average price is $1,015.99.

KLA (NASDAQ:KLAC) last announced its quarterly earnings data on Wednesday, October 29th. The semiconductor company reported $8.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.47 by $0.34. KLA had a net margin of 33.83% and a return on equity of 107.26%. The company had revenue of $3.21 billion for the quarter, compared to analysts’ expectations of $3.17 billion. During the same quarter in the previous year, the company posted $7.33 EPS. The business’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. As a group, sell-side analysts anticipate that KLA will post 31.59 EPS for the current fiscal year.

KLA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th were issued a $1.90 dividend. This represents a $7.60 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Monday, November 17th. KLA’s dividend payout ratio (DPR) is presently 23.86%.

KLA Company Profile

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.