BI Asset Management Fondsmaeglerselskab A S Reduces Stock Position in KLA Corporation $KLAC

19 Aug 2025, 12:04 by Renee Jackson · The Cerbat Gem

BI Asset Management Fondsmaeglerselskab A S lowered its stake in KLA Corporation (NASDAQ:KLAC – Free Report) by 6.4% during the 1st quarter, HoldingsChannel reports. The firm owned 96,497 shares of the semiconductor company’s stock after selling 6,561 shares during the period. KLA comprises 0.7% of BI Asset Management Fondsmaeglerselskab A S’s holdings, making the stock its 25th largest position. BI Asset Management Fondsmaeglerselskab A S’s holdings in KLA were worth $65,599,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KLAC. Alpine Bank Wealth Management purchased a new stake in KLA in the first quarter worth approximately $35,000. Olde Wealth Management LLC purchased a new position in shares of KLA during the 1st quarter worth $36,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of KLA during the 1st quarter worth $37,000. Hazlett Burt & Watson Inc. purchased a new position in shares of KLA during the 1st quarter worth $45,000. Finally, E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of KLA by 527.3% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 69 shares of the semiconductor company’s stock worth $47,000 after acquiring an additional 58 shares during the last quarter. Hedge funds and other institutional investors own 86.65% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. TD Cowen lifted their price target 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. Cantor Fitzgerald restated an “overweight” rating on shares of KLA in a research report on Tuesday, June 24th. Stifel Nicolaus raised their price objective on shares of KLA from $770.00 to $922.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Raymond James Financial restated an “outperform” rating and set a $950.00 price objective (up from $850.00) on shares of KLA in a research report on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of KLA from a “buy” rating to a “hold” rating and set a $790.00 price objective on the stock. in a research report on Tuesday, May 20th. Eleven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, KLA has a consensus rating of “Hold” and an average target price of $890.59.

Get Our Latest Report on KLAC

Insider Buying and Selling at KLA

In other news, CFO Bren D. Higgins sold 1,019 shares of the business’s stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $766.46, for a total value of $781,022.74. Following the sale, the chief financial officer directly owned 27,779 shares in the company, valued at $21,291,492.34. The trade was a 3.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Virendra A. Kirloskar sold 39 shares of the business’s stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $891.50, for a total transaction of $34,768.50. Following the completion of the sale, the chief accounting officer owned 2,616 shares in the company, valued at approximately $2,332,164. This trade represents a 1.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,908 shares of company stock valued at $18,038,659. Corporate insiders own 0.12% of the company’s stock.

KLA Trading Up 1.0%

KLAC stock opened at $883.39 on Tuesday. The firm has a fifty day moving average price of $903.60 and a 200 day moving average price of $782.31. KLA Corporation has a fifty-two week low of $551.33 and a fifty-two week high of $959.26. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.83 and a current ratio of 2.62. The firm has a market cap of $116.57 billion, a PE ratio of 29.07, a price-to-earnings-growth ratio of 2.98 and a beta of 1.44.

KLA (NASDAQ:KLAC – Get Free Report) last posted its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share for the quarter, topping analysts’ consensus estimates of $8.53 by $0.85. KLA had a net margin of 33.41% and a return on equity of 112.41%. The firm had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.08 billion. During the same period in the previous year, the firm posted $6.60 EPS. The business’s quarterly revenue was up 23.6% on a year-over-year basis. Sell-side analysts anticipate that KLA Corporation will post 31.59 earnings per share for the current fiscal year.

KLA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 3rd. Stockholders of record on Monday, August 18th will be issued a $1.90 dividend. The ex-dividend date is Monday, August 18th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 0.9%. KLA’s payout ratio is 25.01%.

KLA declared that its Board of Directors has approved a stock repurchase plan on Wednesday, April 30th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to purchase up to 5.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

About KLA

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