Nisa Investment Advisors LLC Acquires 120,328 Shares of Lam Research Corporation $LRCX

Nisa Investment Advisors LLC raised its holdings in Lam Research Corporation (NASDAQ:LRCX) by 28.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 537,348 shares of the semiconductor company’s stock after acquiring an additional 120,328 shares during the period. Nisa Investment Advisors LLC’s holdings in Lam Research were worth $52,428,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Oppenheimer Asset Management Inc. increased its position in shares of Lam Research by 528.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 23,123 shares of the semiconductor company’s stock worth $2,251,000 after purchasing an additional 19,445 shares during the last quarter. Prudent Man Advisors LLC grew its stake in Lam Research by 20.3% in the 2nd quarter. Prudent Man Advisors LLC now owns 17,752 shares of the semiconductor company’s stock worth $1,728,000 after buying an additional 2,993 shares in the last quarter. Optimum Investment Advisors grew its stake in Lam Research by 4.9% in the 2nd quarter. Optimum Investment Advisors now owns 9,700 shares of the semiconductor company’s stock worth $944,000 after buying an additional 450 shares in the last quarter. Ballast Advisors LLC bought a new position in shares of Lam Research in the 2nd quarter worth $206,000. Finally, Fiduciary Wealth Partners LLC raised its position in shares of Lam Research by 1,565.5% during the 2nd quarter. Fiduciary Wealth Partners LLC now owns 3,331 shares of the semiconductor company’s stock valued at $324,000 after buying an additional 3,131 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

LRCX has been the subject of several research reports. Summit Insights lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, July 31st. Stifel Nicolaus set a $160.00 price target on Lam Research and gave the stock a “buy” rating in a research note on Thursday. The Goldman Sachs Group increased their price objective on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Berenberg Bank raised their price objective on Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a report on Thursday. Finally, Susquehanna boosted their target price on Lam Research from $135.00 to $200.00 and gave the stock a “positive” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $147.57.

Lam Research Trading Up 2.8%

Shares of LRCX stock opened at $151.68 on Friday. The business 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 Corporation has a 1-year low of $56.32 and a 1-year high of $153.70. The stock has a market capitalization of $191.27 billion, a PE ratio of 33.41, a P/E/G ratio of 1.81 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.04. The firm 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 business’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, sell-side analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The company also recently declared 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 was Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Insiders Place Their Bets

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at $34,870,428.30. This trade represents a 17.21% decrease in their position. The sale 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 insiders.

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.