Quilter 13F: Adds $11M to KLA (KLAC) Stake

Quilter expanded its position in KLA Corporation KLAC during the quarter, according to a Form 13F filing with the SEC on October 21, 2026. The firm added 54,580 shares to its portfolio, representing a 12.9% increase. That brought its total stake to 475,851 shares, valued at about $92.8 million based on the filing date close. KLA Corporation closed at $163.43 on the day of the filing.

KLAC KLA Corporation

$163.43 ▲ +28.71% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Quilter's KLA Corporation Position

The fund grew its investment from 421,271 shares up to 475,851 shares over the period. This addition of 54,580 shares lifts Quilter's total value in the semiconductor equipment maker to $92.76 million.

Other Institutional Activity in KLA Corporation

Other large funds made adjustments to their positions in the chip gear maker around the same time. Capital International Investors grew its holdings by 8,277,093 shares, ending with 35,558,216 shares worth about $5.5 billion. Primecap Management Company reduced its stake by 3,839,211 shares, finishing with 20,536,730 shares valued at roughly $3.2 billion. Pinnacle Associates trimmed its holdings by 11,698 shares, ending with 98,381 shares worth about $19.2 million.

KLA Corporation Stock Down 7.3%

KLA Corporation recently traded around $161.74 as of October 22, 2026, down about 1.0% from its $163.43 close on the filing date. The stock has experienced a wide trading range over the past year, reaching a 52-week high of $307.37 and a low of $107.20. Shares sit below both the 50-day moving average of $185.65 and the 200-day moving average of $181.41.

Recent Earnings

KLA Corporation generated trailing-twelve-month revenue of $13.6 billion and posted earnings of $3.66 per share. The business recorded a net profit margin of 35.6% and a return on equity of 87.5%. Its next financial update is scheduled for October 28, 2026.

Dividend

The company pays an annual dividend rate of $0.92 per share, which translates to a dividend yield of 0.57%. That payout is supported by a modest dividend payout ratio of 21.9%.

Insider Buying and Selling at KLA Corporation

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

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On July 29, 2026, Stifel maintained its Buy rating while lowering its price target to $250.00 from $270.00. On the same day, RBC Capital maintained a Sector Perform rating and raised its price target to $180.00 from $170.00. Susquehanna maintained a Neutral rating on July 29, 2026, dropping its target to $215.00 from $275.00. UBS maintained a Neutral rating on September 1, 2026, reducing its target to $200.00 from $215.00. Later, on October 6, 2026, Morgan Stanley maintained an Overweight rating while trimming its target to $227.00 from $253.00. Overall, the stock carries a consensus buy recommendation from 26 analysts with a mean price target of $232.38.

About KLA Corporation

KLA Corporation builds process control and inspection systems used by chipmakers around the globe. Its equipment helps factories spot microscopic defects on silicon wafers and masks during semiconductor manufacturing. As chip designs grow more complex, these monitoring tools play an important role in keeping production lines running efficiently.

Bottom Line

Quilter's increased stake shows continued institutional interest in the chip equipment maker despite recent share price pullbacks. Investors will look closely at KLA Corporation's upcoming earnings report on October 28, 2026, for fresh details on semiconductor demand and profit margins.