Yousif Capital Management LLC Reduces Stock Position in KLA Corporation $KLAC

Yousif Capital Management LLC cut its holdings in KLA Corporation (NASDAQ:KLAC) by 4.8% during the third quarter, Holdings Channel reports. The institutional investor owned 15,919 shares of the semiconductor company’s stock after selling 806 shares during the period. Yousif Capital Management LLC’s holdings in KLA were worth $17,171,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in KLAC. Activest Wealth Management raised its position in shares of KLA by 4,100.0% during the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 41 shares in the last quarter. Ulland Investment Advisors LLC purchased a new position in KLA in the second quarter valued at approximately $32,000. Saudi Central Bank acquired a new stake in KLA during the first quarter worth approximately $36,000. Sentry Investment Management LLC purchased a new stake in shares of KLA during the 2nd quarter worth approximately $36,000. Finally, SOA Wealth Advisors LLC. boosted its holdings in shares of KLA by 7,100.0% in the 2nd quarter. SOA Wealth Advisors LLC. now owns 72 shares of the semiconductor company’s stock valued at $65,000 after buying an additional 71 shares in the last quarter. 86.65% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at KLA

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

KLA Trading Up 1.6%

Shares of KLAC stock opened at $1,265.66 on Tuesday. The company has a market capitalization of $166.30 billion, a P/E ratio of 39.74, a price-to-earnings-growth ratio of 3.39 and a beta of 1.44. 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 business’s 50 day moving average is $1,179.25 and its two-hundred day moving average is $1,020.98. KLA Corporation has a twelve month low of $551.33 and a twelve month high of $1,284.47.

KLA (NASDAQ:KLAC) last issued its quarterly earnings results on Wednesday, October 29th. The semiconductor company reported $8.81 earnings per share for the quarter, topping the consensus estimate of $8.47 by $0.34. KLA had a return on equity of 107.26% and a net margin of 33.83%.The firm had revenue of $3.21 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same period last year, the company earned $7.33 earnings per share. The company’s revenue for the quarter was up 13.0% on a year-over-year basis. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. Equities analysts forecast that KLA Corporation will post 31.59 EPS for the current year.

KLA Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on KLAC shares. New Street Research boosted their price target on shares of KLA from $980.00 to $1,230.00 and gave the company a “neutral” rating in a research report on Friday, October 31st. Cantor Fitzgerald boosted their target price on KLA from $1,170.00 to $1,350.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. JPMorgan Chase & Co. raised their price target on KLA from $1,070.00 to $1,485.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Susquehanna lifted their price target on KLA from $745.00 to $1,125.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Finally, UBS Group boosted their price objective on KLA from $1,135.00 to $1,260.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Thirteen research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat.com, KLA has a consensus rating of “Moderate Buy” and an average target price of $1,275.54.

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.