J.W. Cole Advisors Inc. Grows Stake in Lam Research Corporation $LRCX

J.W. Cole Advisors Inc. grew its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 2.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 12,236 shares of the semiconductor company’s stock after purchasing an additional 337 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Lam Research were worth $1,191,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew 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 last quarter. Mutual of America Capital Management LLC acquired a new stake in Lam Research in the 1st quarter worth approximately $13,345,000. XTX Topco Ltd grew its position in Lam Research by 26.0% during the 1st quarter. XTX Topco Ltd now owns 15,078 shares of the semiconductor company’s stock worth $1,096,000 after purchasing an additional 3,116 shares during the last quarter. Harbour Investments Inc. increased its stake in Lam Research by 6.4% during the 1st quarter. Harbour Investments Inc. now owns 3,038 shares of the semiconductor company’s stock valued at $221,000 after purchasing an additional 182 shares in the last quarter. Finally, Nicolet Advisory Services LLC raised its holdings in shares of Lam Research by 32.6% in the first quarter. Nicolet Advisory Services LLC now owns 5,947 shares of the semiconductor company’s stock worth $395,000 after buying an additional 1,462 shares during the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on LRCX shares. Needham & Company LLC boosted their price objective on shares of Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Citigroup boosted their price target on Lam Research from $175.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th. B. Riley raised their price objective on Lam Research from $160.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. UBS Group reaffirmed a “buy” rating and set a $175.00 target price (up previously from $165.00) on shares of Lam Research in a report on Tuesday. Finally, Evercore ISI increased their price target on shares of Lam Research from $115.00 to $170.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Twenty-six equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and an average target price of $152.17.

Lam Research Stock Down 0.1%

Lam Research stock opened at $154.95 on Friday. The business’s 50-day moving average price is $147.23 and its 200 day moving average price is $114.78. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The firm has a market cap of $194.62 billion, a price-to-earnings ratio of 34.13, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $167.15.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 EPS. 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 Announces Dividend

The company 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 currently 22.91%.

Insider Activity

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 completion of the transaction, 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 legal filing with the SEC, which is accessible through this link. Also, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the sale, the chief financial officer owned 987,237 shares in the company, valued at $148,677,892.20. This trade represents a 3.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 102,608 shares of company stock worth $14,916,496 over the last three months. Corporate insiders own 0.31% of the company’s stock.

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.