KLA Corporation $KLAC Stake Boosted by Eventide Asset Management LLC

04 Sep 2025, 09:34 by Jessica Moore · The Cerbat Gem

Eventide Asset Management LLC boosted its stake in KLA Corporation (NASDAQ:KLAC – Free Report) by 68.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 42,514 shares of the semiconductor company’s stock after purchasing an additional 17,303 shares during the period. Eventide Asset Management LLC’s holdings in KLA were worth $28,871,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in KLAC. Activest Wealth Management grew its position in KLA by 4,100.0% in the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 41 shares in the last quarter. Alpine Bank Wealth Management acquired a new position in shares of KLA during the 1st quarter valued at $35,000. Olde Wealth Management LLC bought a new stake in shares of KLA in the 1st quarter worth $36,000. Saudi Central Bank acquired a new stake in shares of KLA in the first quarter valued at $36,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of KLA in the first quarter valued at $37,000. 86.65% of the stock is currently owned by institutional investors.

KLA Stock Performance

KLAC stock opened at $843.90 on Thursday. The firm has a 50 day moving average of $903.49 and a two-hundred day moving average of $791.85. KLA Corporation has a 12 month low of $551.33 and a 12 month high of $959.26. The company has a market capitalization of $111.36 billion, a price-to-earnings ratio of 27.77, a P/E/G ratio of 2.97 and a beta of 1.48. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 1.25.

KLA (NASDAQ:KLAC – Get Free Report) last posted its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share for the quarter, beating the consensus estimate of $8.53 by $0.85. The company 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 business’s revenue was up 23.6% compared to the same quarter last year. During the same period last year, the company earned $6.60 earnings per share. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. As a group, equities analysts anticipate that KLA Corporation will post 31.59 EPS for the current fiscal year.

KLA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Monday, August 18th were given a $1.90 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 0.9%. KLA’s dividend payout ratio (DPR) is currently 25.01%.

Insider Activity

In related news, CEO Richard P. Wallace sold 10,801 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total transaction of $9,868,657.68. Following the completion of the sale, the chief executive officer owned 92,818 shares in the company, valued at $84,805,950.24. This represents a 10.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Virendra A. Kirloskar sold 39 shares of the company’s stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $891.50, for a total value of $34,768.50. Following the completion of the transaction, the chief accounting officer directly owned 2,616 shares of the company’s stock, valued at approximately $2,332,164. This trade represents a 1.47% decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,605 shares of company stock worth $29,348,291 in the last 90 days. Insiders own 0.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on KLAC. JPMorgan Chase & Co. lifted their price objective on shares of KLA from $900.00 to $1,070.00 and gave the stock an “overweight” rating in a research note on Friday, August 1st. Oppenheimer increased their price objective on KLA from $740.00 to $950.00 and gave the company an “outperform” rating in a research report on Tuesday, June 17th. Wells Fargo & Company restated an “equal weight” rating and issued a $920.00 target price (up from $870.00) on shares of KLA in a report on Tuesday, July 8th. Morgan Stanley upped their target price on KLA from $916.00 to $928.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of KLA in a report on Tuesday, June 24th. Eight equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $890.59.

Read Our Latest Analysis on KLA

KLA Profile

(Free Report)

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.