Cantor Fitzgerald Weighs in on KLA FY2026 Earnings

KLA Co. (NASDAQ:KLAC) – Research analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for KLA in a report issued on Monday, June 9th. Cantor Fitzgerald analyst C. Muse anticipates that the semiconductor company will post earnings of $34.78 per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $800.00 price objective on the stock. The consensus estimate for KLA’s current full-year earnings is $31.59 per share.

KLA (NASDAQ:KLAC) last issued its quarterly earnings data on Wednesday, April 30th. The semiconductor company reported $8.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.08 by $0.33. The business had revenue of $3.06 billion during the quarter, compared to the consensus estimate of $3.01 billion. KLA had a return on equity of 108.60% and a net margin of 29.58%. The business’s revenue was up 35.5% on a year-over-year basis. During the same period in the previous year, the firm posted $5.26 earnings per share.

KLAC has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft cut KLA from a “buy” rating to a “hold” rating and set a $790.00 target price on the stock. in a report on Tuesday, May 20th. UBS Group boosted their target price on KLA from $690.00 to $740.00 and gave the stock a “neutral” rating in a report on Thursday, May 1st. Wall Street Zen cut KLA from a “buy” rating to a “hold” rating in a report on Friday, May 30th. Jefferies Financial Group reissued a “hold” rating and set a $725.00 target price (down previously from $875.00) on shares of KLA in a report on Friday, March 28th. Finally, Barclays dropped their target price on KLA from $760.00 to $590.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 22nd. Ten research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $795.39.

KLA Stock Performance

Shares of NASDAQ KLAC opened at $872.00 on Tuesday. The company has a current ratio of 2.36, a quick ratio of 1.63 and a debt-to-equity ratio of 1.64. The stock has a 50 day simple moving average of $723.77 and a 200-day simple moving average of $704.95. The company has a market cap of $115.31 billion, a PE ratio of 36.67, a P/E/G ratio of 1.57 and a beta of 1.40. KLA has a 12-month low of $551.33 and a 12-month high of $896.32.

KLA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, May 19th were issued a dividend of $1.90 per share. This represents a $7.60 dividend on an annualized basis and a dividend yield of 0.87%. This is a positive change from KLA’s previous quarterly dividend of $1.70. The ex-dividend date was Monday, May 19th. KLA’s dividend payout ratio (DPR) is presently 27.63%.

KLA declared that its board has authorized a share repurchase plan on Wednesday, April 30th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the semiconductor company to reacquire up to 5.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, CFO Bren D. Higgins sold 1,019 shares of the firm’s stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $766.46, for a total transaction of $781,022.74. Following the sale, the chief financial officer now directly owns 27,779 shares in the company, valued at $21,291,492.34. This trade represents a 3.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Richard P. Wallace sold 10,802 shares of the firm’s stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $683.30, for a total transaction of $7,381,006.60. Following the sale, the chief executive officer now owns 78,740 shares in the company, valued at approximately $53,803,042. The trade was a 12.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,829 shares of company stock worth $13,240,166 over the last ninety days. Company insiders own 0.12% of the company’s stock.

Institutional Investors Weigh In On KLA

A number of hedge funds and other institutional investors have recently made changes to their positions in KLAC. First Hawaiian Bank grew its position in KLA by 24.0% in the first quarter. First Hawaiian Bank now owns 1,554 shares of the semiconductor company’s stock valued at $1,056,000 after purchasing an additional 301 shares in the last quarter. Inspire Investing LLC grew its position in KLA by 9.3% in the first quarter. Inspire Investing LLC now owns 16,370 shares of the semiconductor company’s stock valued at $11,128,000 after purchasing an additional 1,389 shares in the last quarter. Modern Wealth Management LLC grew its position in KLA by 22.3% in the first quarter. Modern Wealth Management LLC now owns 400 shares of the semiconductor company’s stock valued at $272,000 after purchasing an additional 73 shares in the last quarter. Strs Ohio bought a new position in KLA in the first quarter valued at $26,473,000. Finally, Advisors Capital Management LLC grew its position in KLA by 2.5% in the first quarter. Advisors Capital Management LLC now owns 3,819 shares of the semiconductor company’s stock valued at $2,597,000 after purchasing an additional 92 shares in the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.

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.