KLA Corporation (NASDAQ:KLAC) Receives Consensus Recommendation of “Hold” from Brokerages

KLA Corporation (NASDAQ:KLACGet Free Report) has been assigned a consensus rating of “Hold” from the twenty brokerages that are covering the firm, Marketbeat reports. Thirteen analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $950.00.

A number of brokerages have recently weighed in on KLAC. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of KLA from $930.00 to $1,070.00 and gave the stock a “hold” rating in a report on Tuesday, September 30th. Stifel Nicolaus lifted their target price on shares of KLA from $770.00 to $922.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Raymond James Financial reaffirmed an “outperform” rating and set a $950.00 price objective (up from $850.00) on shares of KLA in a research note on Friday, August 1st. Rothschild & Co Redburn raised their price target on KLA from $800.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of KLA in a research note on Saturday, September 27th.

View Our Latest Research Report on KLA

Insider Activity

In other KLA news, CEO Richard P. Wallace sold 10,801 shares of the company’s 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 $9,868,657.68. Following the completion of the transaction, the chief executive officer owned 92,818 shares of the company’s stock, valued at $84,805,950.24. This represents a 10.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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 value of $7,354,210.32. Following the completion of the sale, the executive vice president owned 11,479 shares in the company, valued at approximately $10,488,132.72. This represents a 41.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,566 shares of company stock valued at $29,313,522. Insiders own 91.48% of the company’s stock.

Institutional Trading of KLA

Large investors have recently added to or reduced their stakes in the stock. Activest Wealth Management lifted its position 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 worth $29,000 after purchasing an additional 41 shares during the period. Ulland Investment Advisors LLC bought a new position in KLA in the second quarter worth about $32,000. Alpine Bank Wealth Management purchased a new stake in KLA in the first quarter worth about $35,000. Olde Wealth Management LLC purchased a new stake in KLA in the first quarter worth about $36,000. Finally, Saudi Central Bank bought a new stake in KLA during the 1st quarter valued at approximately $36,000. Institutional investors own 86.65% of the company’s stock.

KLA Price Performance

KLAC opened at $1,101.55 on Tuesday. The company has a current ratio of 2.62, a quick ratio of 1.83 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $145.05 billion, a P/E ratio of 36.25, a PEG ratio of 3.30 and a beta of 1.50. The stock has a 50-day moving average price of $948.08 and a 200-day moving average price of $838.11. KLA has a 12-month low of $551.33 and a 12-month high of $1,155.00.

KLA (NASDAQ:KLACGet Free Report) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share for the quarter, beating analysts’ consensus estimates of $8.53 by $0.85. The company had revenue of $3.17 billion for the quarter, compared to analysts’ expectations of $3.08 billion. KLA had a return on equity of 112.41% and a net margin of 33.41%.KLA’s revenue for the quarter was up 23.6% compared to the same quarter last year. During the same period last year, the firm posted $6.60 EPS. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. Equities analysts predict that KLA will post 31.59 earnings per share for the current fiscal year.

KLA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Monday, August 18th were issued a $1.90 dividend. This represents a $7.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, August 18th. KLA’s dividend payout ratio (DPR) is 25.01%.

KLA Company Profile

(Get Free Report)

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.

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Analyst Recommendations for KLA (NASDAQ:KLAC)

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