Lam Research Corporation $LRCX Shares Bought by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton boosted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 16.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 869 shares of the semiconductor company’s stock after acquiring an additional 120 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Lam Research were worth $85,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Lam Research in the first quarter valued at $26,000. REAP Financial Group LLC acquired a new stake in shares of Lam Research in the second quarter valued at $31,000. 1 North Wealth Services LLC acquired a new stake in shares of Lam Research in the first quarter valued at $36,000. Rossby Financial LCC acquired a new stake in shares of Lam Research in the first quarter valued at $37,000. Finally, Saudi Central Bank acquired a new stake in shares of Lam Research in the first quarter valued at $37,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Down 1.7%

Shares of NASDAQ LRCX opened at $142.37 on Friday. The business has a 50-day moving average of $118.26 and a two-hundred day moving average of $96.30. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $153.70. The company has a market capitalization of $179.53 billion, a price-to-earnings ratio of 34.22, a price-to-earnings-growth ratio of 1.76 and a beta of 1.84.

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. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The business had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $4.99 billion. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The business’s revenue was up 33.6% compared to the same quarter last year. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, 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 was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date was Wednesday, September 24th. Lam Research’s payout ratio is presently 25.00%.

Insider Activity at Lam Research

In other news, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares in the company, valued at approximately $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on LRCX shares. Summit Insights lowered Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, July 31st. Needham & Company LLC lifted their target price on Lam Research from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, July 31st. The Goldman Sachs Group lifted their price target on Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Raymond James Financial lifted their price target on Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, Argus lifted their price target on Lam Research from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Twenty-three equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $125.08.

Lam Research Profile

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.