Lam Research Corporation $LRCX Shares Acquired by Kathmere Capital Management LLC

Kathmere Capital Management LLC boosted its position in Lam Research Corporation (NASDAQ:LRCX) by 43.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,596 shares of the semiconductor company’s stock after buying an additional 1,699 shares during the quarter. 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 also recently made changes to their positions in LRCX. PMV Capital Advisers LLC bought a new stake in Lam Research during the fourth quarter valued at $25,000. Stance Capital LLC bought a new stake in shares of Lam Research during the 3rd quarter valued at about $26,000. Bayban acquired a new stake in Lam Research during the fourth quarter worth about $26,000. Vermillion Wealth Management Inc. acquired a new position in Lam Research in the first quarter valued at approximately $26,000. Finally, Triumph Capital Management bought a new position in shares of Lam Research during the third quarter valued at approximately $27,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Trending Headlines about Lam Research

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

Analyst Ratings Changes

A number of research analysts recently issued reports on LRCX shares. Oppenheimer restated an “outperform” rating and set a $400.00 price objective (up from $330.00) on shares of Lam Research in a research report on Monday, June 15th. Evercore increased their price objective on shares of Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Sanford C. Bernstein boosted their target price on shares of Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Bank of America upped their target price on shares of Lam Research from $330.00 to $480.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, Morgan Stanley raised their price target on shares of Lam Research from $331.00 to $404.00 and gave the company an “overweight” rating in a research note on Monday. Twenty-eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $347.75.

Insider Buying and Selling

In other news, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the sale, the senior vice president owned 58,470 shares in the company, valued at approximately $18,102,312. This represents a 11.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the sale, the director directly owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 86,339 shares of company stock worth $27,680,267. Corporate insiders own 0.31% of the company’s stock.

Lam Research Price Performance

Lam Research stock traded down $31.55 during midday trading on Tuesday, hitting $318.65. The company’s stock had a trading volume of 5,024,447 shares, compared to its average volume of 11,357,635. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The stock’s 50-day moving average price is $326.35 and its 200-day moving average price is $258.02. Lam Research Corporation has a 12 month low of $90.93 and a 12 month high of $438.50. The company has a market capitalization of $398.49 billion, a PE ratio of 60.24, a price-to-earnings-growth ratio of 2.10 and a beta of 1.80.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share 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 analyst estimates of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Analysts anticipate that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio (DPR) is presently 19.62%.

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.