Rep. William R. Keating Purchases Shares of KLA Co. (NASDAQ:KLAC)

Representative William R. Keating (D-Massachusetts) recently bought shares of KLA Co. (NASDAQ:KLAC). In a filing disclosed on February 25th, the Representative disclosed that they had bought between $1,001 and $15,000 in KLA stock on January 24th.

Representative William R. Keating also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Aramark (NYSE:ARMK) on 2/5/2025.
• Purchased $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 2/5/2025.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 2/5/2025.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/5/2025.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 1/24/2025.
• Purchased $1,001 – $15,000 in shares of CoStar Group (NASDAQ:CSGP) on 1/21/2025.
• Sold $1,001 – $15,000 in shares of Airbnb (NASDAQ:ABNB) on 1/7/2025.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 1/7/2025.
• Purchased $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 1/7/2025.

KLA Price Performance

NASDAQ KLAC opened at $738.52 on Thursday. KLA Co. has a 52 week low of $609.40 and a 52 week high of $896.32. The firm has a market capitalization of $98.14 billion, a P/E ratio of 31.06, a PEG ratio of 1.57 and a beta of 1.28. The company has a quick ratio of 1.63, a current ratio of 2.36 and a debt-to-equity ratio of 1.64. The company has a 50-day moving average price of $713.74 and a 200-day moving average price of $715.86.

KLA (NASDAQ:KLAC) last released its quarterly earnings results on Thursday, January 30th. The semiconductor company reported $8.20 EPS for the quarter, beating the consensus estimate of $7.73 by $0.47. KLA had a net margin of 29.58% and a return on equity of 108.60%. Equities research analysts anticipate that KLA Co. will post 31.59 earnings per share for the current year.

KLA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 4th. Stockholders of record on Monday, February 24th will be given a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Monday, February 24th. KLA’s payout ratio is currently 28.60%.

Institutional Trading of KLA

Several hedge funds have recently modified their holdings of the company. Virtue Capital Management LLC raised its holdings in shares of KLA by 6.0% during the 4th quarter. Virtue Capital Management LLC now owns 352 shares of the semiconductor company’s stock worth $222,000 after acquiring an additional 20 shares in the last quarter. Cypress Asset Management Inc. TX purchased a new stake in shares of KLA during the 4th quarter worth approximately $1,117,000. Sunbeam Capital Management LLC purchased a new stake in KLA during the 4th quarter valued at $357,000. Value Partners Investments Inc. purchased a new stake in KLA during the 4th quarter valued at $154,000. Finally, Wormser Freres Gestion purchased a new stake in KLA during the 4th quarter valued at $119,000. 86.65% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Susquehanna boosted their price objective on KLA from $620.00 to $655.00 and gave the company a “neutral” rating in a research note on Wednesday, January 22nd. Stifel Nicolaus boosted their price objective on KLA from $800.00 to $825.00 and gave the company a “buy” rating in a research note on Friday, January 31st. Barclays boosted their price objective on KLA from $700.00 to $760.00 and gave the company an “equal weight” rating in a research note on Friday, January 31st. The Goldman Sachs Group boosted their price objective on KLA from $759.00 to $864.00 and gave the company a “buy” rating in a research note on Friday, January 31st. Finally, StockNews.com downgraded KLA from a “buy” rating to a “hold” rating in a research note on Wednesday, November 27th. Seven equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $831.68.

About Representative Keating

Bill Keating (Democratic Party) is a member of the U.S. House, representing Massachusetts’ 9th Congressional District. He assumed office on January 3, 2013. His current term ends on January 3, 2027.

Keating (Democratic Party) is running for re-election to the U.S. House to represent Massachusetts’ 9th Congressional District. He declared candidacy for the 2026 election.

After earning his bachelor’s degree, Keating went into politics as a 23-year-old representative in the Massachusetts House of Representatives. He served in that chamber for seven years and went on to be elected to the Massachusetts Senate. Keating also earned his master’s degree and J.D., passing the Massachusetts bar. In the decade between serving in the state senate and being elected to the U.S. House, Keating worked as the Norfolk district attorney.

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.