Ninety One SA (Pty) 13F: Exits KLA (KLAC) Stake

Ninety One SA has completely exited its position in KLA Corporation (NasdaqGS: KLAC), selling its entire remaining stake of 3,160 shares. The move was disclosed in a Form 13F filing submitted to the Securities and Exchange Commission on October 15, 2026. Because 13F filings look backward at holdings from the end of the reporting period, this report reflects the fund's positioning at that time and may not represent its current stance.

Inside Ninety One SA's KLA Corporation Trade

Ninety One SA closed out its investment entirely, reducing its share count by 3,160 shares to bring its holdings down to zero. The complete exit wiped out the fund's previous stake of 3,160 shares. This transaction follows similar complete exits by the firm from other holdings disclosed around the same period.

Other Institutional Activity in KLA Corporation

Other large institutional investors adjusted their positions in KLA Corporation during the same reporting period. Blackrock Inc. grew its holdings by 239,323 shares, a 0.2% increase, ending with 126,198,653 shares worth about $20.9 billion. Vanguard Capital Management LLC added 127,794 shares, lifting its stake 0.1% to 85,323,770 shares valued at roughly $14.1 billion. State Street Corporation increased its position by 1,359,882 shares, a 2.2% boost, finishing with 62,892,994 shares worth about $10.4 billion. Capital World Investors grew its holdings by 4,476,266 shares, representing an 11.0% increase to 45,318,111 shares valued at about $7.5 billion. Invesco Ltd. lifted its stake by 719,312 shares, a 1.6% rise, ending with 44,848,852 shares worth roughly $7.4 billion.

KLA Corporation Stock Down 3.6%

Shares of KLA Corporation recently traded around $168.19 as of October 16, 2026. The stock sits about 10.3% below its 50-day moving average of $187.45 and roughly 7.0% below its 200-day moving average of $180.81. The company carries a market capitalization of roughly $216.3 billion and a trailing price-to-earnings ratio of 45.28.

Recent Earnings

For its trailing twelve months, KLA Corporation reported $13.6 billion in revenue and earnings of $3.66 per share. The semiconductor equipment maker posted a net profit margin of 35.6% and a return on equity of 87.5%, with revenue growing 15.2% compared to the prior year. The company is scheduled to report its next batch of earnings on October 28, 2026.

Dividend

KLA Corporation pays an annual dividend rate of $0.92 per share, which translates to a dividend yield of 0.53%. The payout is well-covered by earnings, with a dividend payout ratio of 21.9%.

Insider Buying and Selling at KLA Corporation

Company insiders have been active sellers of KLA Corporation stock in recent months. On August 11, 2026, officer Ahmad A Khan sold 33,180 shares at an average price of $198.95 for a total value of about $6.6 million. Chief Financial Officer Bren D. Higgins sold 31,500 shares on August 12, 2026, at $209.87 per share, totaling roughly $6.6 million. Officer Brian W. Lorig offloaded 59,586 shares on August 13, 2026, at $208.13 per share for a total of about $12.4 million. Chief Executive Officer Richard P. Wallace sold 72,019 shares on September 15, 2026, at $171.88 per share, netting about $12.4 million.

Analysts Set New Price Targets

Wall Street analysts have updated their views on KLA Corporation in recent months. On July 29, 2026, Stifel maintained its Buy rating while lowering its price target from $270.00 to $250.00. On the same day, RBC Capital kept its Sector Perform rating and raised its target from $170.00 to $180.00, while Susquehanna maintained a Neutral rating and cut its target from $275.00 to $215.00. Later, on September 1, 2026, UBS kept a Neutral rating and trimmed its target from $215.00 to $200.00. Morgan Stanley maintained an Overweight rating on October 6, 2026, while lowering its target from $253.00 to $227.00. Overall, the stock holds a consensus Buy recommendation with an average price target of $232.77 across 26 analyst opinions.

About KLA Corporation

KLA Corporation builds process control and yield management systems for the semiconductor industry. The Milpitas, California-based company creates inspection and measurement technologies used by chip manufacturers to detect defects in wafers, integrated circuits, and printed circuit boards during production.

Bottom Line

Ninety One SA's decision to close its KLA Corporation position removes the firm from the company's shareholder list as of the filing date. Investors will be watching the company's upcoming earnings report on October 28, 2026, for fresh updates on demand across the semiconductor equipment sector. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.