Beacon Financial Group Boosts Stock Position in Lam Research Corporation $LRCX

Beacon Financial Group increased its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,289 shares of the semiconductor company’s stock after purchasing an additional 323 shares during the quarter. Beacon Financial Group’s holdings in Lam Research were worth $515,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Lam Research by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after buying an additional 8,364,375 shares during the last quarter. Invesco Ltd. boosted its stake in Lam Research by 2.8% in the 1st quarter. Invesco Ltd. now owns 17,330,771 shares of the semiconductor company’s stock worth $1,259,947,000 after buying an additional 472,636 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Lam Research by 6,383.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,574,691 shares of the semiconductor company’s stock worth $980,500,000 after buying an additional 13,365,317 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Lam Research by 25.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock worth $693,319,000 after buying an additional 1,953,221 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Lam Research by 4.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 8,900,506 shares of the semiconductor company’s stock worth $647,067,000 after buying an additional 418,077 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Price Performance

LRCX stock opened at $120.47 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $120.97. The stock’s 50 day moving average is $101.91 and its two-hundred day moving average is $87.33. The company has a market capitalization of $151.92 billion, a PE ratio of 28.96, a P/E/G ratio of 1.53 and a beta of 1.76.

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

Lam Research Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th will be issued a $0.26 dividend. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. Lam Research’s dividend payout ratio (DPR) is presently 22.12%.

Analysts Set New Price Targets

A number of analysts have issued reports on LRCX shares. TD Cowen raised their price target on Lam Research from $100.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Erste Group Bank started coverage on Lam Research in a research note on Thursday, August 14th. They issued a “buy” rating on the stock. Argus raised their price target on Lam Research from $105.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. KeyCorp lifted their price objective on Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. Finally, The Goldman Sachs Group began coverage on Lam Research in a research note on Thursday, July 10th. They issued a “buy” rating and a $115.00 price objective on the stock. Twenty investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and an average target price of $107.96.

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.