Lam Research Corporation $LRCX Shares Acquired by Fiduciary Wealth Partners LLC

Fiduciary Wealth Partners LLC raised its stake in Lam Research Corporation (NASDAQ:LRCX) by 1,565.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,331 shares of the semiconductor company’s stock after purchasing an additional 3,131 shares during the quarter. Fiduciary Wealth Partners LLC’s holdings in Lam Research were worth $324,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC increased its stake in shares of Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares during the period. GAMMA Investing LLC lifted its stake in shares of Lam Research by 21.5% in the first quarter. GAMMA Investing LLC now owns 29,408 shares of the semiconductor company’s stock valued at $2,138,000 after purchasing an additional 5,213 shares during the period. Oppenheimer & Co. Inc. boosted its stake in shares of Lam Research by 6.7% during the 1st quarter. Oppenheimer & Co. Inc. now owns 22,753 shares of the semiconductor company’s stock worth $1,654,000 after acquiring an additional 1,432 shares in the last quarter. Moran Wealth Management LLC acquired a new stake in Lam Research in the first quarter valued at $490,000. Finally, Spire Wealth Management raised its position in Lam Research by 29.0% during the first quarter. Spire Wealth Management now owns 6,716 shares of the semiconductor company’s stock worth $488,000 after acquiring an additional 1,511 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on LRCX. Hsbc Global Res upgraded Lam Research to a “hold” rating in a research report on Tuesday, September 30th. Summit Insights downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. Oppenheimer set a $200.00 target price on shares of Lam Research and gave the stock an “outperform” rating in a research report on Thursday. Mizuho boosted their price target on Lam Research from $162.00 to $170.00 and gave the company an “outperform” rating in a report on Thursday. Finally, UBS Group set a $165.00 price target on Lam Research and gave the stock a “buy” rating in a research note on Thursday. One 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 company. According to data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $147.57.

Insider Buying and Selling at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction on Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the transaction, the senior vice president owned 251,047 shares in the company, valued at approximately $34,870,428.30. The trade was a 17.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

Lam Research stock opened at $151.68 on Friday. The company has a market cap of $191.27 billion, a price-to-earnings ratio of 33.41, a price-to-earnings-growth ratio of 1.81 and a beta of 1.84. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $153.70. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.55. The stock’s 50-day moving average is $123.23 and its 200-day moving average is $99.87.

Lam Research (NASDAQ:LRCX) last issued its 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. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same quarter in the previous year, the business earned $0.86 EPS. The company’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. Equities analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

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

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.