Sumitomo Mitsui DS Asset Management Company 13F: Adds $3.8M to KLAC Stake

Sumitomo Mitsui DS Asset Management Company grew its stake in KLA Corporation (NasdaqGS: KLAC) during the third quarter, lifting its holdings by 19,700 shares. According to a Form 13F filing with the Securities and Exchange Commission on October 20, 2026, the firm ended the period with 275,745 shares of the semiconductor equipment maker. That 7.69% increase brought the total value of the position to roughly $53.8 million. KLA shares closed at $161.74 on the filing date.

KLAC KLA Corporation

$161.74 ▲ +27.37% year to date

1M 3M YTD

Daily close · Oct 20, 2026

Other Institutional Activity in KLA Corporation

Other major investment firms adjusted their positions in KLA around the same reporting period. Capital International Investors grew its holdings by 8,277,093 shares, ending with 35,558,216 shares worth about $5.75 billion following a 30.3% increase. Primecap Management Company trimmed its position, lowering its holdings by 3,839,211 shares for a 15.8% decrease to finish with 20,536,730 shares valued at approximately $3.32 billion.

KLA Corporation Stock Down 2.8%

KLA shares recently traded around $161.74 as of October 21, 2026, remaining equal to the close on the filing date. The stock trades well below its 52-week high of $307.37 and above its 52-week low of $107.20. Shares sit 12.9% below their 50-day moving average of $185.65 and 10.8% below their 200-day moving average of $181.41. The company carries a market capitalization of roughly $211.1 billion, a price-to-earnings ratio of 44.19, and a forward price-to-earnings ratio of 24.00.

Recent Earnings

KLA generated trailing twelve month revenue of $13.6 billion and reported earnings of $3.66 per share. The company posted a net profit margin of 35.6% and a return on equity of 87.5%, with year-over-year quarterly revenue growth reaching 15.2%. Investors look toward the company's next earnings release scheduled for October 28, 2026.

Dividend

KLA pays an annual dividend rate of $0.92 per share, translating to a dividend yield of 0.57%. The company maintains a dividend payout ratio of 21.9%, meaning it uses a modest portion of its earnings to reward shareholders.

Insider Buying and Selling at KLA Corporation

Company insiders completed several stock transactions ahead of 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 $209.87 per share worth about $6.61 million. Officer Brian W. Lorig sold 59,586 shares on August 13, 2026, at $208.13 per share totaling $12.4 million. Chief Executive Officer Richard P. Wallace sold 72,019 shares on September 15, 2026, at $171.88 per share for roughly $12.4 million.

Analysts Set New Price Targets

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

About KLA Corporation

Based in Milpitas, California, KLA Corporation designs and builds process control and yield management systems for the semiconductor industry. The company provides specialized inspection, metrology, and data analytics tools that chipmakers use to find microscopic defects on silicon wafers, reticles, and printed circuit boards during manufacturing. Institutional investors watch these toolmakers closely, as demand for advanced wafer fabrication gear reflects broader production trends across the semiconductor sector.

Bottom Line

Sumitomo Mitsui DS Asset Management's increased stake brings added attention to KLA as the company prepares for its upcoming quarterly earnings report. Observers will monitor whether upcoming financial results help push the stock back toward its moving averages.