Deutsche Bank Aktiengesellschaft Issues Positive Forecast for KLA (NASDAQ:KLAC) Stock Price

KLA (NASDAQ:KLAC) had its target price upped by Deutsche Bank Aktiengesellschaft from $930.00 to $1,070.00 in a report issued on Tuesday morning,MarketScreener reports. They currently have a hold rating on the semiconductor company’s stock.

KLAC has been the subject of a number of other research reports. UBS Group boosted their price objective on shares of KLA from $775.00 to $960.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Stifel Nicolaus boosted their price objective on shares of KLA from $770.00 to $922.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. TD Cowen boosted their price objective on shares of KLA from $800.00 to $900.00 and gave the stock a “hold” rating in a research note on Friday, August 1st. Citigroup boosted their price objective on shares of KLA from $1,035.00 to $1,060.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Wall Street Zen downgraded shares of KLA from a “buy” rating to a “hold” rating in a research note on Saturday, July 5th. Seven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $916.76.

KLA Stock Performance

KLA stock opened at $1,078.60 on Tuesday. The company has a 50 day moving average price of $934.75 and a 200-day moving average price of $829.63. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62. KLA has a fifty-two week low of $551.33 and a fifty-two week high of $1,085.60. The company has a market capitalization of $142.03 billion, a PE ratio of 35.49, a P/E/G ratio of 3.61 and a beta of 1.48.

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

KLA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Monday, August 18th were given a dividend of $1.90 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 0.7%. KLA’s dividend payout ratio is presently 25.01%.

Insider Transactions at KLA

In related news, CEO Richard P. Wallace sold 10,801 shares of the company’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total value of $9,868,657.68. Following the transaction, the chief executive officer directly 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Brian Lorig sold 8,049 shares of the company’s stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total value of $7,354,210.32. Following the completion of the transaction, the executive vice president directly owned 11,479 shares in the company, valued at approximately $10,488,132.72. The trade was a 41.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,566 shares of company stock valued at $29,313,522. Corporate insiders own 91.48% of the company’s stock.

Hedge Funds Weigh In On KLA

Hedge funds have recently made changes to their positions in the company. Activest Wealth Management increased 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 valued at $29,000 after acquiring an additional 41 shares during the period. Ulland Investment Advisors LLC purchased a new stake in KLA in the second quarter valued at $32,000. Alpine Bank Wealth Management purchased a new stake in KLA in the first quarter valued at $35,000. Olde Wealth Management LLC purchased a new stake in KLA in the first quarter valued at $36,000. Finally, Saudi Central Bank purchased a new stake in KLA in the first quarter valued at $36,000. 86.65% of the stock is owned by institutional investors and hedge funds.

KLA Company Profile

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.