Optimum Investment Advisors Acquires 450 Shares of Lam Research Corporation $LRCX

Optimum Investment Advisors boosted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 4.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,700 shares of the semiconductor company’s stock after purchasing an additional 450 shares during the period. Optimum Investment Advisors’ holdings in Lam Research were worth $944,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. BankPlus Wealth Management LLC lifted its stake in Lam Research by 2.0% in the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock worth $511,000 after purchasing an additional 105 shares during the last quarter. ORG Partners LLC raised its stake in shares of Lam Research by 7.3% during the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock valued at $162,000 after acquiring an additional 114 shares during the last quarter. Quotient Wealth Partners LLC raised its stake in shares of Lam Research by 2.1% during the second quarter. Quotient Wealth Partners LLC now owns 5,437 shares of the semiconductor company’s stock valued at $529,000 after acquiring an additional 114 shares during the last quarter. Fairvoy Private Wealth LLC raised its stake in shares of Lam Research by 3.0% during the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock valued at $407,000 after acquiring an additional 120 shares during the last quarter. Finally, Rosenberg Matthew Hamilton raised its stake in shares of Lam Research by 16.0% during the second quarter. Rosenberg Matthew Hamilton now owns 869 shares of the semiconductor company’s stock valued at $85,000 after acquiring an additional 120 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Susquehanna upped their price objective on shares of Lam Research from $135.00 to $200.00 and gave the company a “positive” rating in a research note on Thursday. TD Cowen upped their price objective on shares of Lam Research from $145.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday. UBS Group set a $165.00 price objective on shares of Lam Research and gave the company a “buy” rating in a research note on Thursday. Berenberg Bank upped their price objective on shares of Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday. Finally, HSBC set a $127.00 price target on shares of Lam Research and gave the stock a “hold” rating in a research note on Tuesday, September 30th. One research 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $147.57.

Lam Research Price Performance

LRCX stock opened at $151.68 on Friday. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $153.70. The company has a market cap of $191.27 billion, a P/E ratio of 33.41, a PEG ratio of 1.81 and a beta of 1.84. The firm has a 50-day moving average of $123.23 and a 200 day moving average of $99.87. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.55.

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 analysts’ consensus estimates 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 net margin of 29.66% and a return on equity of 60.60%. Lam Research’s revenue was up 27.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, sell-side analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Increases Dividend

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

Insiders Place Their Bets

In other Lam Research news, 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 value of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares in the company, valued at approximately $34,870,428.30. This represents a 17.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.31% of the company’s stock.

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.