Motley Fool Asset Management LLC Acquires 10,347 Shares of Lam Research Corporation $LRCX

Motley Fool Asset Management LLC raised its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 14.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 81,686 shares of the semiconductor company’s stock after acquiring an additional 10,347 shares during the period. Motley Fool Asset Management LLC’s holdings in Lam Research were worth $7,951,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in LRCX. Smallwood Wealth Investment Management LLC bought a new stake in shares of Lam Research during the 1st quarter valued at $26,000. IMG Wealth Management Inc. bought a new stake in shares of Lam Research during the 2nd quarter valued at $26,000. REAP Financial Group LLC bought a new stake in shares of Lam Research during the 2nd quarter valued at $31,000. 1 North Wealth Services LLC bought a new stake in shares of Lam Research during the 1st quarter valued at $36,000. Finally, Rossby Financial LCC bought a new stake in shares of Lam Research during the 1st quarter valued at $37,000. Institutional investors own 84.61% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $138.90, for a total value of $7,249,191.00. Following the completion of the transaction, the senior vice president directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.31% of the company’s stock.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $156.90 on Tuesday. The firm has a market cap of $197.86 billion, a PE ratio of 34.56, a PEG ratio of 1.66 and a beta of 1.84. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $158.25. The company has a fifty day moving average price of $124.39 and a 200 day moving average price of $100.67.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share 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 net margin of 29.66% and a return on equity of 60.60%. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Research analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 24th. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Analyst Ratings Changes

A number of research firms recently commented on LRCX. Dbs Bank upped their price objective on shares of Lam Research from $119.40 to $184.20 in a research report on Monday. Summit Insights cut shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, July 31st. Hsbc Global Res upgraded shares of Lam Research to a “hold” rating in a research report on Tuesday, September 30th. Erste Group Bank began coverage on shares of Lam Research in a research report on Thursday, August 14th. They issued a “buy” rating for the company. Finally, JPMorgan Chase & Co. upped their price objective on shares of Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $148.83.

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.