MGO One Seven LLC Trims Stock Position in Lam Research Corporation $LRCX

MGO One Seven LLC decreased its stake in Lam Research Corporation (NASDAQ:LRCX) by 4.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,882 shares of the semiconductor company’s stock after selling 676 shares during the period. MGO One Seven LLC’s holdings in Lam Research were worth $1,546,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Cypress Capital Group boosted its holdings in shares of Lam Research by 11.4% in the 2nd quarter. Cypress Capital Group now owns 28,312 shares of the semiconductor company’s stock valued at $2,756,000 after buying an additional 2,897 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of Lam Research by 124.6% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,168 shares of the semiconductor company’s stock valued at $114,000 after buying an additional 648 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Lam Research by 8.3% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 246,691 shares of the semiconductor company’s stock valued at $23,882,000 after buying an additional 19,007 shares in the last quarter. Valley Brook Capital Group Inc. boosted its holdings in shares of Lam Research by 2.0% in the 2nd quarter. Valley Brook Capital Group Inc. now owns 6,760 shares of the semiconductor company’s stock valued at $658,000 after buying an additional 130 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of Lam Research by 2.1% in the 2nd quarter. CWM LLC now owns 67,491 shares of the semiconductor company’s stock valued at $6,570,000 after buying an additional 1,368 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Buying and Selling

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total value of $7,249,191.00. Following the completion of the sale, the senior vice president owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.31% of the company’s stock.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $144.78 on Thursday. 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 stock has a fifty day moving average price of $117.40 and a 200 day moving average price of $95.82. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $153.70. The company has a market cap of $182.57 billion, a PE ratio of 34.80, a P/E/G ratio of 1.68 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results 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. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The firm had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same period last year, the company earned $1.03 earnings per share. The company’s revenue for the quarter was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Sell-side analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. This is an increase from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Wednesday, September 24th. Lam Research’s dividend payout ratio is 25.00%.

Analyst Ratings Changes

Several research firms have recently weighed in on LRCX. The Goldman Sachs Group increased their price objective on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. B. Riley increased their price objective on Lam Research from $130.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. HSBC set a $127.00 price objective on Lam Research and gave the company a “hold” rating in a report on Tuesday, September 30th. Erste Group Bank began coverage on Lam Research in a report on Thursday, August 14th. They issued a “buy” rating for the company. Finally, Stifel Nicolaus set a $135.00 price objective on Lam Research and gave the company a “buy” rating in a report on Monday. Twenty-three analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.80.

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.