TD Waterhouse Canada's 842.3% stake increase
TD Waterhouse Canada Inc. lifted its holdings in KLA Corporation by 842.3% during the second quarter, according to a recent SEC disclosure. The fund purchased 504,327 additional shares, bringing its position to 564,200 shares valued at approximately $170.2 million at the end of the reporting period. The disclosure was reported on September 4, 2026, underscoring continued institutional accumulation of KLAC stock.
NEOS Investment Management builds a 889,269-share position
In a separate transaction disclosed the same day, NEOS Investment Management LLC acquired 889,269 shares of KLA Corporation. The purchase was logged among a cluster of recent position changes by the manager, which also adjusted stakes in other large-cap names. Together with TD Waterhouse Canada's expansion, the filings signal coordinated institutional accumulation around KLA during the quarter.
Broader institutional and analyst backdrop
KLA remains heavily institutionally owned, with 86.65% of shares held by institutional investors and hedge funds, and analysts maintain a consensus "Moderate Buy" rating. Recent analyst actions include Citigroup reaffirming a "buy" rating on June 17, Needham & Company setting a $270.00 price target on July 29, and Jefferies Financial Group raising its price objective to $210.00 (from $200.00) on July 29. The average analyst price target stands at $222.22, with individual targets ranging from $210 to $325. KLA last exceeded quarterly expectations, posting adjusted EPS of $1.05 and revenue of $3.66 billion, up 15.2% year over year, while company insiders sold roughly $56 million of stock over the past 90 days.
Concurrent moves from smaller institutional buyers
Other institutional managers also adjusted KLA exposure in recent quarters: Basepoint Wealth LLC opened a new position worth about $32,000 in the fourth quarter, Hilton Head Capital Partners LLC opened a position worth about $41,000, Triumph Capital Management bought a stake worth about $40,000 in the third quarter, Nemes Rush Group LLC grew its holdings by 17.1% to 48 shares valued at $58,000, and Cornerstone Planning Group LLC increased its position by 36.4% to 60 shares valued at $88,000.
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