Vest Financial 13F: Cuts KLA (KLAC) Stake by $12M
Key Points
- Vest Financial cut its KLA Corporation stake by 62,789 shares during the period, bringing its total holdings to 463,625 shares worth about $90.4 million.
- KLA Corporation shares recently traded around $154.24, well below their 52-week high of $307.37 as the company prepares to report earnings on October 28, 2026.
- The semiconductor equipment maker pays an annual dividend of $0.92 per share, offering a dividend yield of 0.57% with a payout ratio of 21.9%.
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Vest Financial reduced its holdings in KLA Corporation KLAC by 11.9% during the period, selling 62,789 shares to end with 463,625 shares. The shift was revealed in a Form 13F filing filed with the SEC on October 21, 2026. The remaining stake was valued at approximately $90.4 million at the time of the report.
KLAC
KLA Corporation
What Changed in Vest Financial's KLA Corporation Position
Vest Financial held 526,414 shares of the semiconductor equipment maker before the filing. Trimming the position by 11.9% left the firm with 463,625 shares. The reported value of the stock reached $90,374,421.
Other Institutional Activity in KLA Corporation
Other large investors adjusted their holdings in KLA Corporation as well during the recent reporting cycle. Pinnacle Associates cut its stake by 11,698 shares to end with 98,381 shares valued at $19,177,445. Quilter increased its holdings by 54,580 shares, ending with 475,851 shares worth about $92,757,635. Sumitomo Mitsui DS Asset Management Company grew its stake by 19,700 shares to 275,745 shares valued at $53,750,973. PensionDanmark Pensionsforsikringsaktieselskab trimmed its position by 17,522 shares, holding 268,942 shares worth about $52,424,864. Meanwhile, Ninety One SA exited its position entirely by selling all 3,160 of its shares.
KLA Corporation Stock Down 7.3%
KLA Corporation shares closed at $163.43 on October 21, 2026, and recently traded around $154.24. The stock sits below its 50-day moving average of $185.65 and its 200-day moving average of $181.41. The company has a 52-week low of $107.20 and a 52-week high of $307.37.
Recent Earnings
KLA Corporation posted annual trailing revenue of $13.6 billion and earnings of $3.66 per share. The company operates with a net profit margin of 35.6% and an 87.5% return on equity, and its next earnings report is scheduled for October 28, 2026.
Dividend
KLA Corporation pays an annual dividend of $0.92 per share, which translates to a dividend yield of 0.57%. The company distributes 21.9% of its earnings as dividends to shareholders, as shown by its dividend payout ratio.
Insider Buying and Selling at KLA Corporation
Company insiders completed several transactions 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 value of $6,601,161. Chief Financial Officer Bren D. Higgins sold 31,500 shares on August 12, 2026, at $209.87 per share for $6,610,905. Officer Brian W. Lorig sold 59,586 shares on August 13, 2026, at $208.13 per share for $12,401,634. Chief Executive Officer Richard P. Wallace sold 72,019 shares on September 15, 2026, at $171.88 per share for $12,378,626.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock ahead of the filing. Stifel maintained a Buy rating on July 29, 2026, while lowering its price target from $270.00 to $250.00. RBC Capital maintained a Sector Perform rating on July 29, 2026, raising its target from $170.00 to $180.00. Susquehanna maintained a Neutral rating on July 29, 2026, lowering its target from $275.00 to $215.00. UBS maintained a Neutral rating on September 1, 2026, reducing its target from $215.00 to $200.00. Morgan Stanley maintained an Overweight rating on October 6, 2026, lowering its target from $253.00 to $227.00. The stock carries a consensus Buy rating from 26 analysts with a mean price target of $232.38.
About KLA Corporation
KLA Corporation builds process control and yield management systems for the semiconductor industry. Its tools help manufacturers inspect silicon wafers, reticles, and integrated circuits to catch defects early in production. This equipment is critical for chip makers looking to maintain high yields as manufacturing nodes shrink.
Bottom Line
KLA Corporation faces upcoming earnings on October 28, 2026, which will provide fresh details on demand for its semiconductor gear. Investors will watch to see if institutional interest stabilizes following recent trims by firms like Vest Financial.
Related Filing Alerts
Source: Vest Financial's 13F filing on $KLAC (Oct 21, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts