KLA Co. (NASDAQ:KLAC) Shares Bought by Meeder Advisory Services Inc.

03 Apr 2025, 15:16 by Mitch Edgeman · The Markets Daily

Meeder Advisory Services Inc. lifted its stake in shares of KLA Co. (NASDAQ:KLAC – Free Report) by 2.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,239 shares of the semiconductor company’s stock after acquiring an additional 87 shares during the period. Meeder Advisory Services Inc.’s holdings in KLA were worth $2,041,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC acquired a new position in KLA in the 3rd quarter valued at about $29,000. Tortoise Investment Management LLC raised its position in shares of KLA by 300.0% during the 4th quarter. Tortoise Investment Management LLC now owns 48 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 36 shares during the period. TCTC Holdings LLC acquired a new position in KLA in the fourth quarter valued at approximately $31,000. Kohmann Bosshard Financial Services LLC purchased a new position in KLA in the fourth quarter worth approximately $32,000. Finally, Fairfield Financial Advisors LTD increased its stake in KLA by 160.0% during the fourth quarter. Fairfield Financial Advisors LTD now owns 65 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 40 shares during the last quarter. Institutional investors and hedge funds own 86.65% of the company’s stock.

Wall Street Analyst Weigh In

KLAC has been the subject of a number of research analyst reports. Barclays increased their price target on KLA from $700.00 to $760.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Susquehanna increased their target price on shares of KLA from $620.00 to $655.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 22nd. Cantor Fitzgerald boosted their price target on shares of KLA from $800.00 to $875.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. Wells Fargo & Company increased their price objective on shares of KLA from $795.00 to $870.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $725.00 target price (down previously from $875.00) on shares of KLA in a research report on Friday, March 28th. Seven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $832.17.

View Our Latest Stock Report on KLA

Insider Activity

In other news, CFO Bren D. Higgins sold 7,008 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $724.62, for a total transaction of $5,078,136.96. Following the transaction, the chief financial officer now directly owns 28,798 shares in the company, valued at approximately $20,867,606.76. This trade represents a 19.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.12% of the company’s stock.

KLA Stock Performance

Shares of KLAC opened at $686.19 on Thursday. The company has a market capitalization of $91.19 billion, a price-to-earnings ratio of 28.86, a price-to-earnings-growth ratio of 1.57 and a beta of 1.30. KLA Co. has a 52-week low of $609.40 and a 52-week high of $896.32. The company has a quick ratio of 1.63, a current ratio of 2.36 and a debt-to-equity ratio of 1.64. The stock has a 50 day moving average price of $722.87 and a 200 day moving average price of $701.74.

KLA (NASDAQ:KLAC – Get Free Report) last issued its earnings results on Thursday, January 30th. The semiconductor company reported $8.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.73 by $0.47. KLA had a net margin of 29.58% and a return on equity of 108.60%. Research analysts predict that KLA Co. will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, February 24th were given a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date was Monday, February 24th. KLA’s dividend payout ratio (DPR) is currently 28.60%.

KLA Profile

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