V Square Quantitative Management LLC Purchases 5,498 Shares of Lam Research Corporation $LRCX

V Square Quantitative Management LLC raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 12.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 48,315 shares of the semiconductor company’s stock after purchasing an additional 5,498 shares during the period. Lam Research accounts for 0.6% of V Square Quantitative Management LLC’s holdings, making the stock its 20th biggest position. V Square Quantitative Management LLC’s holdings in Lam Research were worth $4,703,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. BankPlus Wealth Management LLC grew its holdings in Lam Research by 2.0% during the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock valued at $511,000 after purchasing an additional 105 shares during the period. ORG Partners LLC grew its holdings in Lam Research by 7.3% during the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock valued at $162,000 after purchasing an additional 114 shares during the period. Meridian Wealth Management LLC grew its holdings in Lam Research by 1.4% during the first quarter. Meridian Wealth Management LLC now owns 9,732 shares of the semiconductor company’s stock valued at $707,000 after purchasing an additional 130 shares during the period. Bay Rivers Group grew its holdings in Lam Research by 0.6% during the second quarter. Bay Rivers Group now owns 22,404 shares of the semiconductor company’s stock valued at $2,181,000 after purchasing an additional 130 shares during the period. Finally, GW&K Investment Management LLC grew its holdings in Lam Research by 10.1% during the first quarter. GW&K Investment Management LLC now owns 1,534 shares of the semiconductor company’s stock valued at $112,000 after purchasing an additional 141 shares during the period. Institutional investors own 84.61% of the company’s stock.

Lam Research Price Performance

NASDAQ:LRCX opened at $128.33 on Monday. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $161.83 billion, a P/E ratio of 30.85, a P/E/G ratio of 1.62 and a beta of 1.76. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $133.57. The business’s 50-day moving average is $106.28 and its 200 day moving average is $90.30.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.12. The company had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The firm’s revenue for the quarter was up 33.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities research analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be given a $0.26 dividend. This is an increase from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, September 24th. Lam Research’s dividend payout ratio (DPR) is presently 25.00%.

Analysts Set New Price Targets

LRCX has been the subject of several recent research reports. TD Cowen boosted their price target on Lam Research from $100.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Stifel Nicolaus boosted their price objective on Lam Research from $92.00 to $110.00 and gave the company a “buy” rating in a research report on Tuesday, July 29th. KeyCorp boosted their price objective on Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Tuesday, July 15th. Erste Group Bank initiated coverage on Lam Research in a research report on Thursday, August 14th. They issued a “buy” rating on the stock. Finally, Mizuho boosted their price objective on Lam Research from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. Twenty research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $111.35.

About Lam Research

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.