Lam Research Corporation $LRCX Stock Holdings Lifted by Earned Wealth Advisors LLC

Earned Wealth Advisors LLC increased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 31.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,626 shares of the semiconductor company’s stock after buying an additional 2,552 shares during the quarter. Earned Wealth Advisors LLC’s holdings in Lam Research were worth $1,034,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. IMG Wealth Management Inc. purchased a new position in Lam Research during the 2nd quarter valued at about $26,000. REAP Financial Group LLC purchased a new position in Lam Research during the 2nd quarter valued at about $31,000. 1 North Wealth Services LLC purchased a new position in Lam Research during the first quarter valued at approximately $36,000. Rossby Financial LCC purchased a new position in Lam Research during the first quarter valued at approximately $37,000. Finally, Saudi Central Bank purchased a new position in Lam Research during the first quarter valued at approximately $37,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the completion of the sale, the insider directly owned 56,786 shares in the company, valued at $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares of the company’s stock, valued at $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.31% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on LRCX shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Lam Research in a research report on Wednesday, October 8th. Oppenheimer set a $200.00 price target on shares of Lam Research and gave the company an “outperform” rating in a report on Thursday, October 23rd. Summit Insights downgraded Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. Cantor Fitzgerald restated an “overweight” rating and issued a $170.00 target price on shares of Lam Research in a research note on Thursday, October 23rd. Finally, HSBC set a $127.00 target price on Lam Research and gave the company a “hold” rating in a research note on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $148.54.

Lam Research Stock Performance

LRCX opened at $161.01 on Friday. The company has a market cap of $202.23 billion, a PE ratio of 35.46, a price-to-earnings-growth ratio of 1.68 and a beta of 1.84. The stock has a 50-day moving average of $127.98 and a 200-day moving average of $102.36. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $165.22. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.04. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The firm’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities research 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 was paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $1.04 annualized dividend and a dividend yield of 0.6%. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s payout ratio is currently 22.91%.

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.