denkapparat Operations GmbH Buys 3,340 Shares of KLA Corporation $KLAC

denkapparat Operations GmbH grew its stake in shares of KLA Corporation (NASDAQ:KLAC) by 387.5% during the second quarter, HoldingsChannel.com reports. The fund owned 4,202 shares of the semiconductor company’s stock after buying an additional 3,340 shares during the quarter. denkapparat Operations GmbH’s holdings in KLA were worth $1,268,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Wellington Management Group LLP lifted its position in 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 during the period. Bank of New York Mellon Corp bought a new stake in KLA in the 2nd quarter worth approximately $2,522,430,000. NEOS Investment Management LLC grew its position in KLA by 987.0% in the 2nd 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 period. Railway Pension Investments Ltd raised its stake in KLA by 960.4% during the 2nd quarter. Railway Pension Investments Ltd now owns 926,652 shares of the semiconductor company’s stock valued at $279,580,000 after buying an additional 839,265 shares during the last quarter. Finally, Handelsbanken Fonder AB lifted its holdings in shares of KLA by 978.2% during the 2nd quarter. Handelsbanken Fonder AB now owns 858,984 shares of the semiconductor company’s stock valued at $259,164,000 after buying an additional 779,317 shares during the period. 86.65% of the stock is currently owned by institutional investors.

KLA Stock Performance

NASDAQ:KLAC opened at $172.94 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.03 and a current ratio of 2.88. The stock has a 50-day simple moving average of $206.78 and a two-hundred day simple moving average of $188.65. The firm has a market capitalization of $225.95 billion, a PE ratio of 47.16, a P/E/G ratio of 1.53 and a beta of 1.45. KLA Corporation has a 52-week low of $83.90 and a 52-week high of $307.37.

KLA (NASDAQ:KLAC) last posted its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $1.05 EPS for the quarter, topping the consensus estimate of $1.00 by $0.05. KLA had a return on equity of 87.66% and a net margin of 35.57%.The firm had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.61 billion. During the same quarter last year, the company earned $0.94 earnings per share. The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Analysts forecast that KLA Corporation will post 5.42 EPS for the current year.

KLA Increases Dividend

The company also recently announced 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 represents a $0.92 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, August 17th. This is a positive change from KLA’s previous quarterly dividend of $0.23. KLA’s dividend payout ratio (DPR) is 25.07%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on KLAC shares. Cantor Fitzgerald restated an “overweight” rating and issued a $325.00 price target on shares of KLA in a research note on Wednesday, July 29th. Jefferies Financial Group reiterated a “buy” rating and set a $210.00 price objective (up from $200.00) on shares of KLA in a research report on Wednesday, July 29th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $180.00 target price (up from $170.00) on shares of KLA in a report on Wednesday, July 29th. TD Cowen restated a “buy” rating and set a $260.00 price target (up from $200.00) on shares of KLA in a research note on Thursday, July 9th. Finally, Bank of America upped their price target on shares of KLA from $210.00 to $317.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, KLA presently has an average rating of “Moderate Buy” and an average price target of $222.22.

Insider Activity at KLA

In other news, EVP MaryBeth Wilkinson sold 13,802 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $195.50, for a total value of $2,698,291.00. Following the completion of the sale, the executive vice president directly owned 22,110 shares of the company’s stock, valued at $4,322,505. This represents a 38.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Brian Lorig sold 59,586 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $208.13, for a total transaction of $12,401,634.18. Following the sale, the executive vice president owned 77,681 shares in the company, valued at $16,167,746.53. The trade was a 43.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 258,533 shares of company stock worth $55,977,470 in the last 90 days. Insiders own 91.48% of the company’s stock.

About KLA

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA’s offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.