Hudock Inc. Acquires 387 Shares of Lam Research Corporation $LRCX

Hudock Inc. increased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 12.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,394 shares of the semiconductor company’s stock after purchasing an additional 387 shares during the quarter. Hudock Inc.’s holdings in Lam Research were worth $330,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in shares of Lam Research by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock valued at $9,389,358,000 after acquiring an additional 8,364,375 shares during the last quarter. Nuveen LLC purchased a new position in Lam Research in the 1st quarter worth approximately $604,344,000. Price T Rowe Associates Inc. MD lifted its position in Lam Research by 99.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company’s stock valued at $417,242,000 after purchasing an additional 2,864,863 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of Lam Research by 34.1% during the second quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock valued at $1,029,210,000 after purchasing an additional 2,692,189 shares during the period. Finally, Boston Partners grew its holdings in shares of Lam Research by 9,978.3% in the first quarter. Boston Partners now owns 2,350,362 shares of the semiconductor company’s stock worth $170,787,000 after purchasing an additional 2,327,041 shares during the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Vahid Vahedi sold 52,190 shares of the stock in a transaction dated 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 directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the completion of the transaction, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 62,528 shares of company stock worth $8,880,448 in the last 90 days. Insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on LRCX. The Goldman Sachs Group upped their price target on shares of Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. BNP Paribas Exane upped their price target on Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Mizuho lifted 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. HSBC set a $127.00 target price on Lam Research and gave the company a “hold” rating in a report on Tuesday, September 30th. Finally, 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 research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and an average target price of $149.04.

Lam Research Stock Performance

Shares of Lam Research stock opened at $161.42 on Thursday. The business has a fifty day simple moving average of $138.78 and a two-hundred day simple moving average of $108.56. The firm has a market capitalization of $202.75 billion, a P/E ratio of 35.56, a P/E/G ratio of 1.68 and a beta of 1.87. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $167.15.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) 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 company had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the business earned $0.86 EPS. Lam Research’s quarterly revenue was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, equities analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s payout ratio is currently 22.91%.

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.