Fort Washington Investment Advisors 13F: Adds $7.5M to KLAC Stake

Fort Washington Investment Advisors has increased its holdings in KLA Corporation (NasdaqGS: KLAC) by 24,790 shares, according to its latest 13F filing with the SEC. This move brings Fort Washington's total to 521,640 shares, valued at approximately $140.4 million as of the reporting period.

What Changed in Fort Washington's KLA Corporation Position

Fort Washington lifted its stake in KLA Corporation by 24,790 shares, marking a 5% increase from its previous position of 496,850 shares. The total value of these holdings now stands at roughly $140.4 million.

Other Institutional Activity in KLA Corporation

State Street Corp reduced its holdings in KLA by 657,940 shares, leaving it with 61,535,030 shares valued at approximately $9.06 billion. BlackRock, Inc. increased its position by 208,882 shares, reaching a total of 12,596,207 shares worth about $18.55 billion. Bank of New York Mellon Corp also reduced its stake, selling 919,250 shares to hold 8,883,880 shares valued at $1.31 billion. Meanwhile, JPMorgan Chase & Co significantly increased its position by 1,437,360 shares, ending with 6,301,790 shares valued at around $871.3 million.

KLA Corporation Stock Up 72.9%

Shares of KLA Corporation traded near $269.16 on Tuesday. The company boasts a market cap of approximately $351.6 billion and a P/E ratio of 76.2. Over the past 52 weeks, the stock has ranged from a low of $83.22 to a high of $269.90. KLA's 50-day moving average is $193.73, while its 200-day moving average stands at $144.41. The company has a current ratio of 3.03 and a quick ratio of 1.96, with a debt-to-equity ratio of 105.4.

Recent Earnings

KLA Corporation reported revenue of about $13.1 billion, with a growth rate of 11.5%. The company's net margin is 35.7%, and it boasts a return on equity of 94.98%. The next earnings report is scheduled for July 30, 2026.

Dividend

KLA Corporation pays an annual dividend rate of $0.92, yielding 0.35%. The dividend payout ratio is 21.52%.

Insider Buying and Selling at KLA Corporation

Recent insider activity includes planned sales by President and CEO Richard Wallace, who sold 4,512 shares on June 11, 2026, at an average price of $2,213.37. Earlier, on May 12, 2026, Wallace sold another 4,512 shares at $1,794.00 per share. Additionally, SVP & Chief Accounting Officer Virendra Kirloskar sold 297 shares at $1,879.02 on May 11, 2026.

Analysts Set New Price Targets

On June 22, 2026, Wells Fargo maintained its 'buy' rating on KLA Corporation with a price target of $305. Similarly, Cantor Fitzgerald kept a 'buy' rating with a target of $2,500 as of June 10, 2026. Barclays also maintained a 'buy' rating, setting a high target of $2,250 on June 11, 2026. Overall, the consensus recommendation is a 'buy', with a mean target price of $200.57 based on 28 analyst opinions.

About KLA Corporation

KLA Corporation, headquartered in Milpitas, California, specializes in designing and manufacturing process control and yield management solutions for the semiconductor and electronics industries. The company, led by CEO Richard P. Wallace, operates across several segments, including Semiconductor Process Control and PCB Inspection. KLA employs approximately 15,000 people worldwide.

Bottom Line

Fort Washington's increased stake in KLA Corporation reflects continued interest in the technology sector. Investors often track these 13F filings for insights into institutional trends, though it's important to remember that these filings are backward-looking and may not represent the current position.