ProShare Advisors LLC Acquires 77,196 Shares of KLA Corporation $KLAC

ProShare Advisors LLC raised its holdings in KLA Corporation (NASDAQ:KLAC) by 4.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,681,622 shares of the semiconductor company’s stock after buying an additional 77,196 shares during the quarter. KLA accounts for 0.5% of ProShare Advisors LLC’s investment portfolio, making the stock its 25th largest holding. ProShare Advisors LLC owned about 0.13% of KLA worth $327,799,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Formuepleje A S grew its holdings in shares of KLA by 1,125.5% during the 2nd quarter. Formuepleje A S now owns 30,062 shares of the semiconductor company’s stock valued at $9,070,000 after purchasing an additional 27,609 shares during the last quarter. TOWER TRUST & INVESTMENT Co boosted its stake in shares of KLA by 829.7% during the 2nd quarter. TOWER TRUST & INVESTMENT Co now owns 7,456 shares of the semiconductor company’s stock worth $2,249,000 after acquiring an additional 6,654 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of KLA by 1,195.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 14,948 shares of the semiconductor company’s stock valued at $4,510,000 after purchasing an additional 13,794 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in KLA by 7.7% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 275,745 shares of the semiconductor company’s stock valued at $53,751,000 after purchasing an additional 19,700 shares during the period. Finally, Colton Groome Financial Advisors LLC lifted its stake in shares of KLA by 40.1% during the 3rd quarter. Colton Groome Financial Advisors LLC now owns 28,728 shares of the semiconductor company’s stock worth $5,600,000 after acquiring an additional 8,225 shares during the last quarter. 86.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on KLAC. Oppenheimer reiterated an “outperform” rating and issued a $260.00 price target (up from $200.00) on shares of KLA in a report on Thursday, July 16th. Wells Fargo & Company dropped their price objective on KLA from $245.00 to $210.00 and set an “overweight” rating on the stock in a report on Thursday. BMO Capital Markets set a $133.00 target price on shares of KLA in a research report on Thursday. JPMorgan Chase & Co. boosted their target price on shares of KLA from $238.00 to $240.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $225.00 price objective on shares of KLA in a research note on Wednesday, July 29th. Nineteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, KLA currently has a consensus rating of “Moderate Buy” and an average target price of $220.35.

More KLA News

Here are the key news stories impacting KLA this week:

• Positive Sentiment: KLA reported fiscal Q1 2027 revenue of approximately $4.14 billion and earnings of $1.22 per share, exceeding Wall Street expectations of $4.04 billion and $1.18 per share. Revenue increased 28.9% year over year, marking the company’s 10th consecutive quarter of growth. KLAC Q1 Earnings Beat Estimates
• Positive Sentiment: The company issued fiscal Q2 revenue guidance of $4.5 billion to $4.9 billion, implying roughly $4.7 billion at the midpoint versus consensus of $4.5 billion. EPS guidance of $1.33 to $1.55 also brackets or exceeds the $1.36 consensus estimate, reinforcing expectations for continued AI-driven demand. KLA Q2 Guidance
• Positive Sentiment: Demand for wafer inspection, process-control and advanced-packaging equipment is benefiting from the increasing complexity of AI chips and the construction of leading-edge semiconductor fabs. Argus reaffirmed its Buy rating with a $225 price target, while JPMorgan raised its target to $240 and maintained Overweight. Advanced Packaging Demand
• Neutral Sentiment: Analyst opinion remains mixed. Several firms lowered price targets after earnings—including Wells Fargo, Needham, Evercore ISI, Cantor Fitzgerald, Susquehanna and UBS—citing valuation, structural share headwinds or a more cautious risk-reward profile, even though many retained positive or neutral ratings.
• Negative Sentiment: KLAC is declining in sympathy with semiconductor shares as investors question whether elevated AI infrastructure spending can continue at its current pace. The pullback also leaves the stock below its 50-day and 200-day moving averages, increasing near-term technical pressure despite the strong operating outlook. KLA Shares Weaken as Semiconductor Stocks Fall

Insider Activity at KLA

In other news, CAO Virendra Kirloskar sold 4,504 shares of KLA stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $195.50, for a total value of $880,532.00. Following the transaction, the chief accounting officer owned 7,972 shares of the company’s stock, valued at $1,558,526. The trade was a 36.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Brian Lorig sold 59,586 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $208.13, for a total transaction of $12,401,634.18. Following the transaction, the executive vice president owned 77,681 shares of the company’s stock, valued at $16,167,746.53. This represents a 43.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 243,339 shares of company stock valued at $46,903,454 in the last quarter. 79.39% of the stock is currently owned by corporate insiders.

KLA Price Performance

Shares of KLAC stock opened at $157.91 on Friday. The company has a quick ratio of 2.03, a current ratio of 2.76 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $206.07 billion, a price-to-earnings ratio of 39.48, a price-to-earnings-growth ratio of 1.37 and a beta of 1.45. KLA Corporation has a 12-month low of $107.20 and a 12-month high of $307.37. The firm has a fifty day moving average of $178.62 and a 200-day moving average of $181.78.

KLA (NASDAQ:KLAC) last posted its earnings results on Wednesday, October 28th. The semiconductor company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.18 by $0.04. KLA had a return on equity of 89.30% and a net margin of 36.25%. The company had revenue of $4.14 billion for the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the prior year, the business earned $8.47 earnings per share. The firm’s revenue for the quarter was up 28.9% on a year-over-year basis. On average, equities research analysts forecast that KLA Corporation will post 5.67 earnings per share for the current year.

KLA Increases Dividend

The company also recently disclosed 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. The ex-dividend date was Monday, August 17th. This represents a $0.92 dividend on an annualized basis and a yield of 0.6%. This is an increase from KLA’s previous quarterly dividend of $0.23. KLA’s dividend payout ratio (DPR) is 23.00%.

KLA Profile

KLA Corporation (NASDAQ: KLAC) develops process control, inspection and yield management solutions for the semiconductor and other advanced manufacturing industries. Its technologies help manufacturers identify defects, measure critical dimensions and monitor production processes to improve quality, reliability and manufacturing efficiency.

The company’s product portfolio includes wafer and reticle inspection systems, metrology and measurement tools, defect review and classification systems, and software for analyzing manufacturing data.