Forvis Mazars Wealth Advisors LLC Sells 3,206 Shares of KLA Corporation $KLAC

13 Oct 2026, 23:23 by Sarita Garza · The Markets Daily

Forvis Mazars Wealth Advisors LLC lessened its position in KLA Corporation (NASDAQ:KLAC – Free Report) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,391 shares of the semiconductor company’s stock after selling 3,206 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in KLA were worth $12,357,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of KLAC. Wellington Management Group LLP boosted its stake in shares of KLA by 928.9% during the second quarter. Wellington Management Group LLP now owns 14,821,622 shares of the semiconductor company’s stock valued at $4,471,832,000 after purchasing an additional 13,381,153 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of KLA during the second quarter worth about $2,522,430,000. National Pension Service grew its holdings in shares of KLA by 899.4% during the second quarter. National Pension Service now owns 3,634,859 shares of the semiconductor company’s stock worth $1,096,673,000 after purchasing an additional 3,271,158 shares during the last quarter. NEOS Investment Management LLC grew its holdings in shares of KLA by 987.0% during the second quarter. NEOS Investment Management LLC now owns 979,371 shares of the semiconductor company’s stock worth $295,486,000 after purchasing an additional 889,269 shares during the last quarter. Finally, Railway Pension Investments Ltd grew its holdings in shares of KLA by 960.4% during the second quarter. Railway Pension Investments Ltd now owns 926,652 shares of the semiconductor company’s stock worth $279,580,000 after purchasing an additional 839,265 shares during the last quarter. 86.65% of the stock is currently owned by institutional investors.

Insider Buying and Selling at KLA

In other news, CAO Virendra Kirloskar sold 4,504 shares of KLA stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $195.50, for a total transaction of $880,532.00. Following the completion of the transaction, the chief accounting officer directly owned 7,972 shares in the company, valued at $1,558,526. This trade represents a 36.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Brian Lorig sold 59,586 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $208.13, for a total transaction of $12,401,634.18. Following the sale, the executive vice president directly owned 77,681 shares of the company’s stock, valued at approximately $16,167,746.53. The trade was a 43.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 243,339 shares of company stock worth $46,903,454. Corporate insiders own 79.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on KLAC. Citigroup reaffirmed a “buy” rating on shares of KLA in a research note on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $195.00 target price (down from $220.00) on shares of KLA in a research report on Wednesday, July 29th. Cantor Fitzgerald reissued an “overweight” rating and set a $325.00 target price on shares of KLA in a report on Wednesday, July 29th. Stifel Nicolaus set a $250.00 price target on shares of KLA and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $260.00 target price (up from $200.00) on shares of KLA in a research report on Thursday, July 16th. Eighteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $221.26.

Read Our Latest Analysis on KLAC

KLA Trading Down 3.2%

Shares of KLAC stock traded down $6.12 during trading hours on Tuesday, hitting $184.00. 10,449,497 shares of the company were exchanged, compared to its average volume of 11,056,614. The company has a 50 day simple moving average of $188.19 and a two-hundred day simple moving average of $196.20. The firm has a market cap of $240.12 billion, a P/E ratio of 50.18, a P/E/G ratio of 1.73 and a beta of 1.45. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.03 and a current ratio of 2.88. KLA Corporation has a fifty-two week low of $99.86 and a fifty-two week high of $307.37.

KLA (NASDAQ:KLAC – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.05. The company had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.61 billion. KLA had a net margin of 35.57% and a return on equity of 87.66%. The business’s revenue was up 15.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.94 EPS. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Equities analysts anticipate that KLA Corporation will post 5.43 EPS for the current year.

KLA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a dividend of $0.23 per share. This is a boost from KLA’s previous quarterly dividend of $0.23. The ex-dividend date was Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a yield of 0.5%. KLA’s dividend payout ratio (DPR) is presently 25.07%.

KLA Profile

(Free Report)

KLA Corporation (NASDAQ: KLAC) develops process-control and yield-management solutions used by semiconductor and electronics manufacturers. Its systems help customers detect defects, measure and analyze materials and structures, and monitor manufacturing processes throughout the production of integrated circuits and other advanced electronic components.