Americana Partners LLC Increases Stock Position in Lam Research Corporation $LRCX

Americana Partners LLC increased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 9.1% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 5,467 shares of the semiconductor company’s stock after purchasing an additional 454 shares during the period. Americana Partners LLC’s holdings in Lam Research were worth $532,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. IMG Wealth Management Inc. bought a new stake in shares of Lam Research during the 2nd quarter valued at $26,000. REAP Financial Group LLC purchased a new stake in shares of Lam Research in the second quarter worth about $31,000. Bank of Jackson Hole Trust boosted its position in shares of Lam Research by 111.1% in the second quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 200 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new position in Lam Research during the second quarter valued at approximately $38,000. Finally, Hilltop National Bank bought a new stake in Lam Research during the 2nd quarter worth approximately $38,000. Institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling

In related news, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the transaction, the insider directly owned 56,786 shares of the company’s stock, valued at $8,942,091.42. The trade was a 13.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Bethany Mayer sold 1,298 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the sale, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. The trade was a 44.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 62,528 shares of company stock worth $8,880,448 in the last ninety days. 0.31% of the stock is owned by insiders.

Analysts Set New Price Targets

LRCX has been the subject of several analyst reports. Erste Group Bank started coverage on shares of Lam Research in a report on Thursday, August 14th. They issued a “buy” rating for the company. Mizuho increased their price objective on Lam Research from $162.00 to $170.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Stifel Nicolaus set a $160.00 target price on Lam Research and gave the stock a “buy” rating in a research report on Thursday, October 23rd. BNP Paribas Exane raised their price target on Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, October 23rd. Finally, Wells Fargo & Company lifted their price target on Lam Research from $135.00 to $145.00 and gave the company an “equal weight” rating in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $148.54.

Lam Research Price Performance

Shares of Lam Research stock opened at $159.18 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $167.15. The company has a fifty day moving average of $137.51 and a 200-day moving average of $108.19. The stock has a market capitalization of $199.93 billion, a price-to-earnings ratio of 35.06, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the previous year, the firm posted $0.86 earnings per share. The firm’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 research analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is presently 22.91%.

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.