Findlay Park Partners LLP increased its stake in KLA Co. by 50.9% in Q4, and KLA reported higher-than-expected Q4 earnings of $5.26/share.
Findlay Park Partners LLP raised its stake in KLA Co. (NASDAQ: KLAC) by 50.9% in Q4, purchasing an additional 65,402 shares for a total of 193,882 shares. KLA reported Q4 earnings of $5.26/share, topping analyst estimates by $0.32. The firm had revenue of $2.36B, down 3% versus the previous year's Q4. Institutional investors hold 86.65% of KLA's stock, with a consensus rating of "Moderate Buy" and a price target of $722.26.
May 11, 2024
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