Monetary Management Group Inc. Has $2.56 Million Holdings in KLA Corporation $KLAC

Monetary Management Group Inc. decreased its holdings in KLA Corporation (NASDAQ:KLAC) by 0.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,758 shares of the semiconductor company’s stock after selling 25 shares during the quarter. Monetary Management Group Inc.’s holdings in KLA were worth $2,555,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of KLA by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 13,564,622 shares of the semiconductor company’s stock valued at $9,221,230,000 after buying an additional 80,154 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of KLA by 27.9% in the first quarter. Goldman Sachs Group Inc. now owns 1,852,814 shares of the semiconductor company’s stock worth $1,259,543,000 after acquiring an additional 404,634 shares during the period. Northern Trust Corp boosted its holdings in KLA by 13.8% in the fourth quarter. Northern Trust Corp now owns 1,685,200 shares of the semiconductor company’s stock valued at $1,061,878,000 after acquiring an additional 204,330 shares during the last quarter. GAMMA Investing LLC increased its position in KLA by 95,141.6% during the 1st quarter. GAMMA Investing LLC now owns 1,674,347 shares of the semiconductor company’s stock valued at $1,138,221,000 after purchasing an additional 1,672,589 shares during the period. Finally, Pictet Asset Management Holding SA raised its holdings in KLA by 9.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,586,781 shares of the semiconductor company’s stock worth $1,078,526,000 after purchasing an additional 131,620 shares during the last quarter. 86.65% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on KLAC. TD Cowen upped their price objective on shares of KLA from $800.00 to $900.00 and gave the company a “hold” rating in a research note on Friday, August 1st. Barclays upped their price target on shares of KLA from $590.00 to $750.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. Raymond James Financial reissued an “outperform” rating and issued a $950.00 price objective (up from $850.00) on shares of KLA in a research report on Friday, August 1st. The Goldman Sachs Group started coverage on KLA in a research note on Thursday, July 10th. They issued a “neutral” rating and a $980.00 price objective on the stock. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $920.00 target price (up previously from $870.00) on shares of KLA in a research note on Tuesday, July 8th. Eight equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $890.59.

KLA Stock Performance

Shares of KLA stock opened at $872.39 on Friday. The business has a 50-day simple moving average of $904.07 and a 200 day simple moving average of $784.53. KLA Corporation has a one year low of $551.33 and a one year high of $959.26. 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 market capitalization of $115.12 billion, a price-to-earnings ratio of 28.71, a PEG ratio of 2.99 and a beta of 1.44.

KLA (NASDAQ:KLAC) last announced its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.53 by $0.85. The business had revenue of $3.17 billion for 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 company’s quarterly revenue was up 23.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.60 earnings per share. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. On average, research analysts anticipate that KLA Corporation will post 31.59 earnings per share for the current fiscal year.

KLA Announces Dividend

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

KLA declared that its Board of Directors has initiated a stock buyback plan on Wednesday, April 30th that authorizes the company to buyback $5.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, CEO Richard P. Wallace sold 10,801 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total value of $9,868,657.68. Following the transaction, the chief executive officer owned 92,818 shares of the company’s stock, valued at approximately $84,805,950.24. This trade represents a 10.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Virendra A. Kirloskar sold 39 shares of KLA stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $891.50, for a total value of $34,768.50. Following the transaction, the chief accounting officer owned 2,616 shares of the company’s stock, valued at $2,332,164. This trade represents a 1.47% decrease in their position. The disclosure for this sale can be found here. Insiders sold 18,889 shares of company stock worth $17,257,637 over the last three months. 0.12% of the stock is currently owned by insiders.

KLA Company Profile

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.