Brookwood Investment Group LLC Takes Position in Lam Research Corporation $LRCX

Brookwood Investment Group LLC purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 2,406 shares of the semiconductor company’s stock, valued at approximately $234,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Empowered Funds LLC boosted its holdings in shares of Lam Research by 10.5% in the 1st quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock valued at $13,629,000 after buying an additional 17,833 shares during the period. Pinnacle Financial Partners Inc acquired a new position in shares of Lam Research in the 1st quarter valued at about $201,000. Cookson Peirce & Co. Inc. acquired a new position in shares of Lam Research in the 1st quarter valued at about $607,000. China Universal Asset Management Co. Ltd. boosted its holdings in shares of Lam Research by 27.1% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 49,505 shares of the semiconductor company’s stock valued at $3,607,000 after buying an additional 10,565 shares during the period. Finally, Glass Wealth Management Co LLC boosted its stake in Lam Research by 8.5% during the 2nd quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock valued at $2,810,000 after purchasing an additional 2,270 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction that occurred 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 sale, the insider directly owned 56,786 shares in the company, valued at $8,942,091.42. The trade was a 13.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This represents a 17.21% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.31% of the stock is owned by insiders.

Lam Research Stock Down 0.8%

NASDAQ LRCX opened at $155.62 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60. The company’s 50 day simple moving average is $125.50 and its 200 day simple moving average is $101.30. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $158.24. The company has a market capitalization of $195.46 billion, a P/E ratio of 34.28, a PEG ratio of 1.64 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the previous year, the firm earned $0.86 EPS. The business’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 earnings per share for the current fiscal year.

Lam Research Increases Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have issued reports on LRCX shares. KeyCorp boosted their target price on shares of Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. UBS Group set a $165.00 target price on shares of Lam Research and gave the company a “buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. boosted their target price on shares of Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, The Goldman Sachs Group boosted their target price on shares of Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $148.83.

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.