KLA (NASDAQ:KLAC) Price Target Raised to $1,315.00

KLA (NASDAQ:KLAC) had its target price hoisted by New Street Research from $1,230.00 to $1,315.00 in a research note released on Thursday morning,MarketScreener reports. The firm currently has a neutral rating on the semiconductor company’s stock.

Other equities analysts have also recently issued research reports about the stock. Evercore ISI upped their target price on shares of KLA from $1,000.00 to $1,350.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Susquehanna restated a “neutral” rating and set a $1,500.00 price objective on shares of KLA in a research report on Monday, January 12th. Wolfe Research set a $1,500.00 target price on shares of KLA in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of KLA from $1,250.00 to $1,560.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their price target on KLA from $1,070.00 to $1,485.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,454.43.

KLA Price Performance

Shares of NASDAQ KLAC opened at $1,512.78 on Thursday. The firm has a market cap of $198.76 billion, a P/E ratio of 47.50, a PEG ratio of 3.63 and a beta of 1.45. KLA has a twelve month low of $551.33 and a twelve month high of $1,581.34. The company has a quick ratio of 1.88, a current ratio of 2.69 and a debt-to-equity ratio of 1.18. The company has a 50 day moving average of $1,280.19 and a 200 day moving average of $1,103.70.

KLA (NASDAQ:KLAC) last posted its earnings results on Wednesday, October 29th. The semiconductor company reported $8.81 EPS for the quarter, topping analysts’ consensus estimates of $8.47 by $0.34. KLA had a return on equity of 107.26% and a net margin of 33.83%.The business had revenue of $3.21 billion during the quarter, compared to analyst estimates of $3.17 billion. During the same quarter last year, the company earned $7.33 EPS. The company’s quarterly revenue was up 13.0% compared to the same quarter last year. KLA has set its Q2 2026 guidance at 7.920-9.480 EPS. As a group, research analysts expect that KLA will post 31.59 EPS for the current fiscal year.

KLA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 17th were issued a dividend of $1.90 per share. This represents a $7.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, November 17th. KLA’s payout ratio is currently 23.86%.

Insider Transactions at KLA

In other news, CEO Richard P. Wallace sold 10,803 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $1,203.10, for a total value of $12,997,089.30. Following the transaction, the chief executive officer owned 81,211 shares of the company’s stock, valued at $97,704,954.10. This trade represents a 11.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Bren D. Higgins sold 2,254 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $1,237.01, for a total value of $2,788,220.54. Following the transaction, the chief financial officer owned 32,154 shares of the company’s stock, valued at approximately $39,774,819.54. This trade represents a 6.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 91.48% of the company’s stock.

Hedge Funds Weigh In On KLA

A number of hedge funds have recently made changes to their positions in the business. Rothschild Investment LLC boosted its holdings in shares of KLA by 0.4% in the 3rd quarter. Rothschild Investment LLC now owns 2,087 shares of the semiconductor company’s stock worth $2,251,000 after purchasing an additional 9 shares during the period. Kingswood Wealth Advisors LLC lifted its position in KLA by 3.4% in the third quarter. Kingswood Wealth Advisors LLC now owns 271 shares of the semiconductor company’s stock worth $292,000 after buying an additional 9 shares during the last quarter. Canandaigua National Bank & Trust Co. boosted its stake in KLA by 1.2% during the third quarter. Canandaigua National Bank & Trust Co. now owns 836 shares of the semiconductor company’s stock worth $902,000 after buying an additional 10 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its stake in KLA by 3.9% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 267 shares of the semiconductor company’s stock worth $288,000 after buying an additional 10 shares during the period. Finally, Cornerstone Planning Group LLC increased its position in KLA by 28.6% during the third quarter. Cornerstone Planning Group LLC now owns 45 shares of the semiconductor company’s stock valued at $49,000 after acquiring an additional 10 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.

KLA Company Profile

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.