KLA Corporation $KLAC Shares Acquired by Boston Trust Walden Corp

by · The Cerbat Gem

Boston Trust Walden Corp lifted its stake in KLA Corporation (NASDAQ:KLAC – Free Report) by 20.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 60,004 shares of the semiconductor company’s stock after acquiring an additional 10,318 shares during the period. Boston Trust Walden Corp’s holdings in KLA were worth $53,748,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. LRI Investments LLC increased its stake in KLA by 35.4% during the 2nd quarter. LRI Investments LLC now owns 88 shares of the semiconductor company’s stock valued at $79,000 after purchasing an additional 23 shares in the last quarter. Ulland Investment Advisors LLC purchased a new stake in shares of KLA during the second quarter valued at $32,000. Duncan Williams Asset Management LLC purchased a new stake in shares of KLA during the second quarter valued at $223,000. Knights of Columbus Asset Advisors LLC lifted its position in KLA by 1.9% during the 2nd quarter. Knights of Columbus Asset Advisors LLC now owns 3,050 shares of the semiconductor company’s stock worth $2,732,000 after acquiring an additional 58 shares during the period. Finally, Kickstand Ventures LLC. acquired a new stake in KLA during the 2nd quarter worth about $223,000. 86.65% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Brian Lorig sold 8,049 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 $7,354,210.32. Following the completion of the transaction, the executive vice president directly owned 11,479 shares of the company’s stock, valued at $10,488,132.72. This represents a 41.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 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 approximately $84,805,950.24. The trade was a 10.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 32,566 shares of company stock worth $29,313,522. 91.48% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on KLAC shares. Weiss Ratings restated a “buy (b)” rating on shares of KLA in a research note on Wednesday, October 8th. The Goldman Sachs Group increased their price target on shares of KLA from $980.00 to $1,120.00 and gave the stock a “neutral” rating in a report on Wednesday, October 8th. Wolfe Research increased their price target on shares of KLA from $1,075.00 to $1,250.00 and gave the stock an “outperform” rating in a report on Thursday, October 9th. Oppenheimer upped their price objective on shares of KLA from $740.00 to $950.00 and gave the company an “outperform” rating in a report on Tuesday, June 17th. Finally, Cantor Fitzgerald upped their price objective on shares of KLA from $950.00 to $1,170.00 and gave the company a “neutral” rating in a report on Wednesday, October 1st. Eight investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $979.89.

Check Out Our Latest Analysis on KLAC

KLA Stock Performance

KLAC opened at $1,025.00 on Tuesday. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.62 and a quick ratio of 1.83. The firm has a fifty day moving average price of $966.13 and a 200 day moving average price of $853.74. KLA Corporation has a 1 year low of $551.33 and a 1 year high of $1,155.00. The stock has a market cap of $134.97 billion, a P/E ratio of 33.73, a P/E/G ratio of 2.95 and a beta of 1.50.

KLA (NASDAQ:KLAC – Get Free Report) last released 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. KLA had a net margin of 33.41% and a return on equity of 112.41%. The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.08 billion. During the same quarter in the previous year, the company earned $6.60 earnings per share. The firm’s revenue for the quarter was up 23.6% on a year-over-year basis. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. Equities research analysts anticipate that KLA Corporation will post 31.59 earnings per share for the current year.

KLA Announces Dividend

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

KLA Profile

(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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