Regent Peak Wealth Advisors LLC Buys New Holdings in Lam Research Corporation $LRCX

Regent Peak Wealth Advisors LLC bought a new position in Lam Research Corporation (NASDAQ:LRCX) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,129 shares of the semiconductor company’s stock, valued at approximately $419,000.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Lam Research in the 2nd quarter valued at $1,894,585,000. JPMorgan Chase & Co. increased its stake in Lam Research by 14.4% in the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after acquiring an additional 5,102,589 shares during the period. Nordea Investment Management AB increased its stake in Lam Research by 34.1% in the second quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock valued at $1,029,210,000 after acquiring an additional 2,692,189 shares during the period. Artisan Partners Limited Partnership raised its position in Lam Research by 35.4% in the second quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock worth $958,786,000 after purchasing an additional 2,575,456 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in Lam Research by 103.5% during the second quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock worth $296,833,000 after purchasing an additional 1,550,842 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Oppenheimer set a $200.00 price objective on Lam Research and gave the company an “outperform” rating in a research note on Thursday, October 23rd. B. Riley boosted their price target on Lam Research from $180.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Cowen reiterated a “buy” rating on shares of Lam Research in a research note on Thursday, October 23rd. Needham & Company LLC lifted their price objective on Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Morgan Stanley boosted their target price on shares of Lam Research from $137.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 2nd. Twenty-six research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $161.21.

Insider Activity at Lam Research

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the 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 sale, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the sale, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This represents a 44.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 102,608 shares of company stock worth $14,916,496. 0.31% of the stock is owned by insiders.

Lam Research Trading Up 1.2%

Shares of LRCX opened at $177.24 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The company has a market cap of $222.62 billion, a price-to-earnings ratio of 39.04, a PEG ratio of 2.05 and a beta of 1.77. The stock has a fifty day moving average price of $157.66 and a two-hundred day moving average price of $125.34. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $177.56.

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

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is presently 22.91%.

Lam Research Company Profile

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.