Tema Etfs LLC Purchases 19,753 Shares of Lam Research Corporation $LRCX

Tema Etfs LLC raised its position in Lam Research Corporation (NASDAQ:LRCX) by 120.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 36,085 shares of the semiconductor company’s stock after buying an additional 19,753 shares during the period. Tema Etfs LLC’s holdings in Lam Research were worth $4,832,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of Lam Research by 1,032.4% during the fourth 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 during the last quarter. Caxton Associates LLP bought a new position in Lam Research in the 1st quarter valued at $239,000. Geneos Wealth Management Inc. increased its position in shares of Lam Research by 65.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,252 shares of the semiconductor company’s stock valued at $236,000 after purchasing an additional 1,286 shares during the last quarter. Fiduciary Financial Group LLC raised its stake in shares of Lam Research by 3.8% during the 2nd quarter. Fiduciary Financial Group LLC now owns 4,073 shares of the semiconductor company’s stock worth $394,000 after purchasing an additional 150 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Lam Research by 17.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 15,259 shares of the semiconductor company’s stock worth $1,485,000 after buying an additional 2,274 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Zacks Research downgraded shares of Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, November 24th. Cantor Fitzgerald reissued an “overweight” rating and set a $265.00 target price (up from $210.00) on shares of Lam Research in a research report on Thursday. Cowen reaffirmed a “buy” rating on shares of Lam Research in a report on Thursday, October 23rd. Mizuho set a $220.00 price objective on Lam Research and gave the company an “outperform” rating in a research note on Friday. Finally, Barclays set a $142.00 target price on Lam Research and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Twenty-six research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $164.37.

Insider Activity

In related news, CFO Douglas R. Bettinger sold 40,080 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, the chief financial officer owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares in the company, valued at $8,942,091.42. This trade represents a 13.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 50,418 shares of company stock worth $7,667,305 over the last ninety days. Company insiders own 0.31% of the company’s stock.

Lam Research Trading Up 8.7%

Shares of LRCX stock opened at $218.36 on Monday. The stock has a market capitalization of $274.27 billion, a price-to-earnings ratio of 48.10, a PEG ratio of 2.52 and a beta of 1.77. The company’s fifty day simple moving average is $165.99 and its two-hundred day simple moving average is $133.33. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $219.59. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The firm had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period last year, the company earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, December 3rd. Lam Research’s payout ratio is presently 22.91%.

About Lam Research

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.