Katamaran Capital LLP Purchases 335 Shares of Lam Research Corporation $LRCX

Katamaran Capital LLP raised its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,471 shares of the semiconductor company’s stock after purchasing an additional 335 shares during the quarter. Lam Research accounts for 4.5% of Katamaran Capital LLP’s investment portfolio, making the stock its 8th biggest holding. Katamaran Capital LLP’s holdings in Lam Research were worth $4,816,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Stiles Financial Services Inc raised its stake in Lam Research by 4.9% during the 2nd quarter. Stiles Financial Services Inc now owns 52,122 shares of the semiconductor company’s stock valued at $5,074,000 after purchasing an additional 2,456 shares during the period. KRS Capital Management LLC purchased a new position in shares of Lam Research during the 2nd quarter valued at $1,411,000. Horizon Bancorp Inc. IN purchased a new position in shares of Lam Research during the 2nd quarter valued at $389,000. Callan Family Office LLC grew its holdings in shares of Lam Research by 121.5% during the 2nd quarter. Callan Family Office LLC now owns 26,169 shares of the semiconductor company’s stock valued at $2,547,000 after acquiring an additional 14,354 shares in the last quarter. Finally, TFR Capital LLC. purchased a new position in shares of Lam Research during the 2nd quarter valued at $203,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Trading Down 1.1%

Lam Research stock opened at $141.00 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. The company has a market capitalization of $177.81 billion, a price-to-earnings ratio of 33.89, a PEG ratio of 1.74 and a beta of 1.84. Lam Research Corporation has a one year low of $56.32 and a one year high of $153.70. The company’s fifty day moving average price is $114.10 and its two-hundred day moving average price is $94.09.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The firm had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the prior year, the business posted $1.03 earnings per share. The business’s quarterly revenue was up 33.6% on a year-over-year basis. 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 declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, September 24th. Lam Research’s dividend payout ratio is currently 25.00%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on LRCX shares. Argus boosted their price target on shares of Lam Research from $105.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 1st. Wells Fargo & Company boosted their price target on shares of Lam Research from $98.00 to $135.00 and gave the company an “equal weight” rating in a report on Thursday, October 2nd. HSBC set a $127.00 price target on shares of Lam Research and gave the company a “hold” rating in a report on Tuesday, September 30th. KeyCorp boosted their price target on shares of Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, July 15th. Finally, Hsbc Global Res raised shares of Lam Research to a “hold” rating in a research report on Tuesday, September 30th. Twenty-three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $121.00.

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.