KLA (NASDAQ:KLAC) Price Target Raised to $1,070.00

KLA (NASDAQ:KLAC) had its price target increased by Deutsche Bank Aktiengesellschaft from $930.00 to $1,070.00 in a research report report published on Tuesday,MarketScreener reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the semiconductor company’s stock.

Several other equities research analysts also recently weighed in on the company. UBS Group increased their price target on KLA from $775.00 to $960.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. Wall Street Zen downgraded KLA from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $920.00 price target (up from $870.00) on shares of KLA in a research report on Tuesday, July 8th. Citigroup increased their price target on KLA from $1,035.00 to $1,060.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, The Goldman Sachs Group began coverage on KLA in a research report on Thursday, July 10th. They set a “neutral” rating and a $980.00 price target on the stock. Six research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, KLA has an average rating of “Hold” and a consensus target price of $950.00.

KLA Stock Performance

Shares of KLAC stock opened at $1,139.26 on Tuesday. The firm has a market capitalization of $150.02 billion, a price-to-earnings ratio of 37.49, a price-to-earnings-growth ratio of 3.38 and a beta of 1.50. 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 business has a fifty day moving average of $944.09 and a 200 day moving average of $834.59. KLA has a 1 year low of $551.33 and a 1 year high of $1,155.00.

KLA (NASDAQ:KLAC) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.53 by $0.85. The company had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.08 billion. KLA had a return on equity of 112.41% and a net margin of 33.41%.The firm’s quarterly revenue was up 23.6% on a year-over-year basis. During the same quarter last year, the business posted $6.60 EPS. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. As a group, research analysts expect that KLA will post 31.59 earnings per share for the current year.

KLA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Monday, August 18th were issued a $1.90 dividend. This represents a $7.60 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, August 18th. KLA’s payout ratio is presently 25.01%.

Insider Buying and Selling

In related news, EVP Brian Lorig sold 8,049 shares of KLA stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total value of $7,354,210.32. Following the sale, the executive vice president directly owned 11,479 shares in the company, valued at approximately $10,488,132.72. The trade was a 41.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Ahmad A. Khan sold 13,716 shares of KLA stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $881.50, for a total value of $12,090,654.00. Following the completion of the sale, the insider owned 27,372 shares in the company, valued at approximately $24,128,418. The trade was a 33.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,566 shares of company stock worth $29,313,522. Insiders own 91.48% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Valeo Financial Advisors LLC lifted its stake in KLA by 1.1% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,224 shares of the semiconductor company’s stock worth $1,096,000 after purchasing an additional 13 shares in the last quarter. MAI Capital Management lifted its stake in KLA by 1.0% in the 1st quarter. MAI Capital Management now owns 1,365 shares of the semiconductor company’s stock worth $928,000 after purchasing an additional 14 shares in the last quarter. Meiji Yasuda Life Insurance Co lifted its stake in KLA by 1.2% in the 1st quarter. Meiji Yasuda Life Insurance Co now owns 1,212 shares of the semiconductor company’s stock worth $824,000 after purchasing an additional 14 shares in the last quarter. IFC Advisors LLC lifted its stake in KLA by 4.6% in the 1st quarter. IFC Advisors LLC now owns 342 shares of the semiconductor company’s stock worth $232,000 after purchasing an additional 15 shares in the last quarter. Finally, Trust Investment Advisors lifted its stake in KLA by 1.3% in the 1st quarter. Trust Investment Advisors now owns 1,188 shares of the semiconductor company’s stock worth $808,000 after purchasing an additional 15 shares in the last quarter. 86.65% of the stock is owned by hedge funds and other institutional investors.

About KLA

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.