Generate Investment Management 13F: New $20M Stake in KLA (KLAC)

Generate Investment Management initiated a new stake in KLA Corporation KLAC, buying 102,807 shares valued at approximately $20.0 million in a filing on October 14, 2026. Keep in mind that 13F filings are backward-looking and reflect holdings as of the end of the reporting quarter, meaning this position may not represent the fund's current holdings today.

What Changed in Generate Investment Management's KLA Corporation Position

Generate Investment Management opened a brand-new position in KLA Corporation by purchasing 102,807 shares. The filing lists the total value of this new holding at $20,040,169.

Other Institutional Activity in KLA Corporation

BlackRock, Inc. grew its holdings by 239,323 shares, ending with 126,198,653 shares worth about $20.9 billion. Vanguard Capital Management LLC lifted its stake by 127,794 shares, or 0.1%, with 85,323,770 shares valued at roughly $14.1 billion. State Street Corporation increased its position by 1,359,882 shares, a 2.2% increase, ending with 62,892,994 shares worth $10.4 billion. Capital World Investors added 4,476,266 shares, a 11.0% jump, bringing its total to 45,318,111 shares valued at $7.5 billion. Invesco Ltd. raised its stake by 719,312 shares, or 1.6%, holding 44,848,852 shares worth about $7.4 billion.

KLA Corporation Stock Down 3.6%

KLA Corporation shares recently traded around $168.19 as of October 16, 2026, sitting below its 50-day and 200-day moving averages.

Recent Earnings

KLA Corporation posted trailing-twelve-month revenue of $13.6 billion and basic earnings per share of $3.66, alongside a net profit margin of 35.6% and a return on equity of 87.5%. The company's next earnings report is scheduled for October 28, 2026.

Dividend

KLA Corporation pays an annual dividend rate of $0.92 per share, yielding 0.53% with a payout ratio of 21.9%.

Insider Buying and Selling at KLA Corporation

Company insiders executed several sales prior to the filing. Ahmad A. Khan sold 33,180 shares on August 11, 2026, at an average price of $198.95 for a total value of $6.6 million. Chief Financial Officer Bren D. Higgins sold 31,500 shares on August 12, 2026, at $209.87 per share for $6.6 million. Brian W. Lorig sold 59,586 shares on August 13, 2026, at $208.13 per share for $12.4 million. Chief Executive Officer Richard P. Wallace sold 72,019 shares on September 15, 2026, at $171.88 per share for a total value of $12.4 million.

Analysts Set New Price Targets

On July 29, 2026, Stifel maintained its Buy rating with a target of $250.00. RBC Capital maintained a Sector Perform rating with a target of $180.00. Susquehanna maintained a Neutral rating with a target of $215.00. Later, on September 1, 2026, UBS maintained a Neutral rating with a target of $200.00. On October 6, 2026, Morgan Stanley maintained its Overweight rating with a target of $227.00. KLA Corporation holds a consensus Buy rating and a mean price target of $232.77 across 26 analyst opinions.

About KLA Corporation

Headquartered in Milpitas, California, KLA Corporation provides process control and process-enabling solutions used in the manufacturing of semiconductor wafers, integrated circuits, and printed circuit boards. The company operates across three main segments focusing on semiconductor process control, specialty semiconductor processes, and component inspection.

Bottom Line

Investors will look ahead to KLA Corporation's upcoming earnings report on October 28, 2026, for further updates on financial performance. SEC filings like this 13F offer a look at institutional positioning from the prior quarter, which may evolve over time.