2,963 Shares in Lam Research Corporation $LRCX Bought by Ewa LLC

Ewa LLC acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,963 shares of the semiconductor company’s stock, valued at approximately $288,000.

Several other hedge funds have also added to or reduced their stakes in LRCX. McGuire Investment Group LLC raised its stake in shares of Lam Research by 0.5% in the 2nd quarter. McGuire Investment Group LLC now owns 295,928 shares of the semiconductor company’s stock valued at $28,806,000 after purchasing an additional 1,447 shares during the period. Warren Street Wealth Advisors LLC acquired a new stake in shares of Lam Research in the 2nd quarter valued at about $211,000. Gold Investment Management Ltd. raised its stake in shares of Lam Research by 52.7% in the 2nd quarter. Gold Investment Management Ltd. now owns 14,666 shares of the semiconductor company’s stock valued at $1,425,000 after purchasing an additional 5,063 shares during the period. Pure Financial Advisors LLC raised its stake in shares of Lam Research by 68.2% in the 2nd quarter. Pure Financial Advisors LLC now owns 7,858 shares of the semiconductor company’s stock valued at $765,000 after purchasing an additional 3,186 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Lam Research by 94.8% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,854,296 shares of the semiconductor company’s stock valued at $180,497,000 after purchasing an additional 902,231 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on LRCX. Summit Insights downgraded Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. Citigroup lifted their price target on Lam Research from $113.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, September 8th. Barclays set a $83.00 target price on Lam Research and gave the company an “equal weight” rating in a research report on Monday, July 28th. UBS Group lifted their target price on Lam Research from $95.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, July 21st. Finally, Erste Group Bank assumed coverage on Lam Research in a research report on Thursday, August 14th. They issued a “buy” rating on the stock. Twenty-two investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $117.72.

Lam Research Trading Up 6.6%

Lam Research stock opened at $142.79 on Thursday. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $143.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The stock has a market capitalization of $180.06 billion, a P/E ratio of 34.32, a PEG ratio of 1.63 and a beta of 1.83. The stock has a 50-day simple moving average of $108.51 and a 200 day simple moving average of $91.33.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.12. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The business had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $4.99 billion. During the same quarter last year, the company posted $1.03 earnings per share. Lam Research’s quarterly revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. This is a boost from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 24th. Lam Research’s dividend payout ratio is presently 25.00%.

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.