Boston Common Asset Management LLC Has $10.91 Million Stock Position in KLA Corporation $KLAC

Boston Common Asset Management LLC cut its holdings in shares of KLA Corporation (NASDAQ:KLAC) by 4.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,116 shares of the semiconductor company’s stock after selling 428 shares during the period. Boston Common Asset Management LLC’s holdings in KLA were worth $10,911,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of KLAC. Farther Finance Advisors LLC grew its position in KLA by 8.1% in the second quarter. Farther Finance Advisors LLC now owns 1,238 shares of the semiconductor company’s stock valued at $1,109,000 after acquiring an additional 93 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in shares of KLA by 32.6% in the 2nd quarter. TD Private Client Wealth LLC now owns 4,036 shares of the semiconductor company’s stock valued at $3,615,000 after purchasing an additional 993 shares in the last quarter. American National Bank & Trust boosted its stake in shares of KLA by 0.8% in the 2nd quarter. American National Bank & Trust now owns 13,843 shares of the semiconductor company’s stock valued at $12,400,000 after purchasing an additional 106 shares in the last quarter. ST Germain D J Co. Inc. grew its holdings in shares of KLA by 621.9% during the 2nd quarter. ST Germain D J Co. Inc. now owns 231 shares of the semiconductor company’s stock valued at $207,000 after purchasing an additional 199 shares during the last quarter. Finally, Cairn Investment Group Inc. acquired a new position in KLA during the 2nd quarter worth approximately $208,000. Institutional investors own 86.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KLAC. The Goldman Sachs Group boosted their target price on shares of KLA from $1,120.00 to $1,280.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. raised their price objective on KLA from $1,070.00 to $1,485.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Wolfe Research set a $1,500.00 target price on KLA in a report on Tuesday, January 6th. Susquehanna reiterated a “neutral” rating and issued a $1,500.00 target price on shares of KLA in a research report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on KLA from $1,250.00 to $1,560.00 and gave the stock a “hold” rating in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,451.39.

Insider Buying and Selling at KLA

In other news, CEO Richard P. Wallace sold 10,803 shares of KLA stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $1,203.10, for a total value 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 approximately $97,704,954.10. This trade represents a 11.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Bren D. Higgins sold 2,254 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer owned 32,154 shares in the company, valued at approximately $39,774,819.54. The trade was a 6.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 91.48% of the stock is owned by insiders.

KLA Trading Up 2.3%

NASDAQ KLAC opened at $1,520.00 on Thursday. The firm has a market capitalization of $199.71 billion, a PE ratio of 47.72, a price-to-earnings-growth ratio of 3.94 and a beta of 1.45. The business’s 50-day moving average price is $1,265.86 and its two-hundred day moving average price is $1,095.44. The company has a current ratio of 2.69, a quick ratio of 1.88 and a debt-to-equity ratio of 1.18. KLA Corporation has a 12 month low of $551.33 and a 12 month high of $1,581.34.

KLA (NASDAQ:KLAC) last posted its quarterly earnings data on Wednesday, October 29th. The semiconductor company reported $8.81 EPS for the quarter, topping analysts’ consensus estimates of $8.47 by $0.34. The company had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.17 billion. KLA had a return on equity of 107.26% and a net margin of 33.83%.The firm’s quarterly revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the firm earned $7.33 earnings per share. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. On average, analysts expect 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. Investors of record on Monday, November 17th were paid a dividend of $1.90 per share. This represents a $7.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, November 17th. KLA’s dividend payout ratio (DPR) is currently 23.86%.

KLA 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.