Kathmere Capital Management LLC increased its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 43.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,596 shares of the semiconductor company’s stock after buying an additional 1,699 shares during the period. Kathmere Capital Management LLC’s holdings in Lam Research were worth $1,196,000 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 LRCX. Brighton Jones LLC boosted its position in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares in the last quarter. Caxton Associates LLP purchased a new position in Lam Research in the first quarter valued at about $239,000. Gabelli Funds LLC bought a new position in Lam Research in the second quarter worth about $253,000. NewEdge Advisors LLC boosted its holdings in shares of Lam Research by 2.7% in the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after buying an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. grew its position in shares of Lam Research by 5,206.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after buying an additional 781 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
LRCX has been the subject of a number of analyst reports. Bank of America increased their target price on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Wells Fargo & Company reissued an “overweight” rating and issued a $450.00 price objective (up from $365.00) on shares of Lam Research in a research report on Monday, June 22nd. Seaport Research Partners began coverage on Lam Research in a research report on Monday, May 4th. They set a “buy” rating and a $300.00 target price on the stock. Zacks Research downgraded Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Barclays restated an “overweight” rating and set a $335.00 price objective (up from $275.00) on shares of Lam Research in a report on Thursday, June 11th. Twenty-eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $347.75.
Lam Research Trading Down 9.0%
NASDAQ LRCX traded down $31.55 during trading hours on Tuesday, hitting $318.65. 5,024,447 shares of the company’s stock were exchanged, compared to its average volume of 11,357,635. The business’s 50 day moving average is $326.35 and its 200-day moving average is $258.02. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. Lam Research Corporation has a 12-month low of $90.93 and a 12-month high of $438.50. The firm has a market capitalization of $398.49 billion, a P/E ratio of 60.24, a price-to-earnings-growth ratio of 2.10 and a beta of 1.80.
Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.36 by $0.11. The company had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm’s revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, analysts anticipate that Lam Research Corporation will post 5.68 EPS for the current fiscal year.
Lam Research Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is currently 19.62%.
Insider Buying and Selling
In related news, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the sale, the insider directly owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This trade represents a 10.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the sale, the senior vice president owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. This trade represents a 21.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 86,339 shares of company stock valued at $27,680,267. 0.31% of the stock is currently owned by company insiders.
More Lam Research News
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Morgan Stanley raised its price target on Lam Research to $404 from $331 and kept an overweight rating, implying meaningful upside from current levels. Morgan Stanley raises price target on Lam Research
- Positive Sentiment: Susquehanna boosted its target to $475 from $385 and maintained a positive stance after channel checks pointed to improving expectations for semiconductor equipment demand. Susquehanna Lifts PT on Lam Research
- Positive Sentiment: Cantor Fitzgerald lifted its price target to $500 from $425 and said AI infrastructure buildout continues to support the investment case for Lam Research. Lam Research one of the best stocks on the rise
- Positive Sentiment: Goldman Sachs also raised price targets across semiconductor equipment names, helping fuel a broader rally in Lam Research and peers this morning. Chip stocks driving today’s rally
- Neutral Sentiment: Investors are waiting for Lam Research’s upcoming earnings report, with analysts expecting double-digit bottom-line growth and watching guidance closely for confirmation of AI-related demand trends. What you need to know ahead of Lam Research’s earnings release
- Negative Sentiment: Some investors remain cautious, with one fund calling Lam Research overvalued and another report highlighting concerns that AI demand could be normalizing after a strong run. Lam Research stock falls as AI demand fears clash with guidance
Lam Research Profile
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.
Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.
Read More
- Five stocks we like better than Lam Research
- Top 135 Best Locally Owned BBQ Supply Stores in the U.S., According to Survey [2026]
- Silicon Starvation: Amazon Feasts on Legacy GPUs
- GE Vernova’s Power Surge Turns the Grid Into an AI Trade
- Orbiting Capital: Lawmakers Buy SpaceX Ahead of Index Inclusion
Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX – Free Report).
Receive News & Ratings for Lam Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lam Research and related companies with MarketBeat.com's FREE daily email newsletter.
