Katamaran Capital LLP Has $4.82 Million Stake in Lam Research Corporation $LRCX

Katamaran Capital LLP lifted its stake in Lam Research Corporation (NASDAQ:LRCX) by 0.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 49,471 shares of the semiconductor company’s stock after buying an additional 335 shares during the period. Lam Research comprises 4.5% of Katamaran Capital LLP’s portfolio, making the stock its 8th biggest holding. Katamaran Capital LLP’s holdings in Lam Research were worth $4,816,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in LRCX. Smallwood Wealth Investment Management LLC bought a new stake in shares of Lam Research in the first quarter valued at about $26,000. REAP Financial Group LLC bought a new stake in shares of Lam Research in the second quarter valued at about $31,000. 1 North Wealth Services LLC bought a new stake in shares of Lam Research in the first quarter valued at about $36,000. Rossby Financial LCC bought a new stake in shares of Lam Research in the first quarter valued at about $37,000. Finally, Saudi Central Bank bought a new stake in shares of Lam Research in the first quarter valued at about $37,000. Institutional investors own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Citigroup increased their target price on shares of Lam Research from $113.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, September 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Lam Research in a research report on Wednesday. Rothschild & Co Redburn increased their price target on shares of Lam Research from $115.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Wells Fargo & Company increased their price target on shares of Lam Research from $98.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 2nd. Finally, Barclays set a $83.00 price target on shares of Lam Research and gave the stock an “equal weight” rating in a research report on Monday, July 28th. Twenty-three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.00.

Lam Research Stock Performance

NASDAQ LRCX opened at $141.00 on Friday. The firm has a market cap of $177.81 billion, a price-to-earnings ratio of 33.89, a PEG ratio of 1.74 and a beta of 1.84. The company has a 50 day moving average of $114.10 and a 200-day moving average of $94.09. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $153.70.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.12. The company had revenue of $5.17 billion during the quarter, compared to analyst estimates of $4.99 billion. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The company’s revenue was up 33.6% on a year-over-year basis. During the same quarter last year, the business posted $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities 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 disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Lam Research’s dividend payout ratio (DPR) is 25.00%.

Lam Research Company 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.