Lam Research Corporation $LRCX Stock Holdings Raised by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 2.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,437 shares of the semiconductor company’s stock after acquiring an additional 114 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Lam Research were worth $529,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Foster & Motley Inc. grew its position in shares of Lam Research by 112.8% during the 2nd quarter. Foster & Motley Inc. now owns 29,917 shares of the semiconductor company’s stock valued at $2,912,000 after buying an additional 15,859 shares during the last quarter. Huntleigh Advisors Inc. boosted its stake in Lam Research by 14.0% in the second quarter. Huntleigh Advisors Inc. now owns 11,400 shares of the semiconductor company’s stock valued at $1,110,000 after acquiring an additional 1,400 shares during the period. Chevy Chase Trust Holdings LLC grew its holdings in shares of Lam Research by 0.4% during the second quarter. Chevy Chase Trust Holdings LLC now owns 684,215 shares of the semiconductor company’s stock valued at $66,601,000 after purchasing an additional 2,509 shares during the last quarter. Arista Wealth Management LLC acquired a new stake in shares of Lam Research during the 2nd quarter worth approximately $1,719,000. Finally, Private Trust Co. NA lifted its holdings in shares of Lam Research by 26.0% in the 2nd quarter. Private Trust Co. NA now owns 8,118 shares of the semiconductor company’s stock worth $790,000 after purchasing an additional 1,677 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the transaction, the senior vice president directly owned 251,047 shares of the company’s stock, valued at $34,870,428.30. The trade was a 17.21% 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. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Down 0.6%

LRCX stock opened at $141.51 on Friday. The firm’s 50-day moving average is $119.06 and its two-hundred day moving average is $96.94. 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 company has a market capitalization of $178.45 billion, a price-to-earnings ratio of 34.02, a price-to-earnings-growth ratio of 1.72 and a beta of 1.84. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $153.70.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.12. The business had revenue of $5.17 billion for the quarter, compared to analyst estimates of $4.99 billion. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The business’s revenue for the quarter was up 33.6% on a year-over-year basis. During the same quarter last year, the business earned $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, 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. Stockholders of record on Wednesday, September 24th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date was Wednesday, September 24th. Lam Research’s payout ratio is currently 25.00%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on LRCX shares. Needham & Company LLC upped their price objective on Lam Research from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Wells Fargo & Company upped their price target on shares of Lam Research from $98.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 2nd. Citigroup lifted their price objective on shares of Lam Research from $113.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, September 8th. UBS Group upped their target price on shares of Lam Research from $95.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Finally, B. Riley lifted their price target on Lam Research from $130.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. Twenty-three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $125.08.

Lam Research 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.