Verdence Capital Advisors LLC Has $1.06 Million Stock Holdings in Lam Research Corporation $LRCX

Verdence Capital Advisors LLC increased its position in Lam Research Corporation (NASDAQ:LRCX) by 2.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,887 shares of the semiconductor company’s stock after buying an additional 245 shares during the period. Verdence Capital Advisors LLC’s holdings in Lam Research were worth $1,060,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Lam Research by 1,032.4% in the 4th 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 in the last quarter. GAMMA Investing LLC lifted its position in Lam Research by 21.5% in the 1st quarter. GAMMA Investing LLC now owns 29,408 shares of the semiconductor company’s stock valued at $2,138,000 after acquiring an additional 5,213 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Lam Research by 14.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 300,193 shares of the semiconductor company’s stock worth $21,824,000 after buying an additional 36,825 shares in the last quarter. Opal Wealth Advisors LLC bought a new position in shares of Lam Research during the 1st quarter worth approximately $45,000. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of Lam Research by 8.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 14,308 shares of the semiconductor company’s stock worth $1,040,000 after buying an additional 1,161 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LRCX has been the topic of several recent analyst reports. Oppenheimer lifted their target price on shares of Lam Research from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft raised shares of Lam Research from a “hold” rating to a “buy” rating and lifted their target price for the stock from $100.00 to $150.00 in a research report on Monday, September 29th. Hsbc Global Res raised shares of Lam Research to a “hold” rating in a research report on Tuesday, September 30th. Summit Insights cut shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, July 31st. Finally, Cantor Fitzgerald lifted their target price on shares of Lam Research from $120.00 to $155.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 1st. Twenty-three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $122.00.

Lam Research Trading Up 4.9%

NASDAQ:LRCX opened at $137.81 on Tuesday. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $173.78 billion, a PE ratio of 33.13, a price-to-earnings-growth ratio of 1.60 and a beta of 1.84. The firm’s 50 day moving average is $115.59 and its 200 day moving average is $95.18. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $153.70.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.12. The company had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $4.99 billion. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. Lam Research’s revenue was up 33.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Sell-side analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be paid a $0.26 dividend. The ex-dividend date is Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is presently 25.00%.

About Lam Research

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.