IMG Wealth Management Inc. Invests $26,000 in Lam Research Corporation $LRCX

IMG Wealth Management Inc. acquired a new position in Lam Research Corporation (NASDAQ:LRCX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 264 shares of the semiconductor company’s stock, valued at approximately $26,000.

Other institutional investors have also recently made changes to their positions in the company. REAP Financial Group LLC bought a new position in shares of Lam Research in the second quarter worth about $31,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Lam Research in the first quarter worth about $26,000. Hilltop National Bank bought a new position in shares of Lam Research in the second quarter worth about $38,000. Bruce G. Allen Investments LLC raised its stake in Lam Research by 207.3% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 421 shares of the semiconductor company’s stock valued at $41,000 after purchasing an additional 284 shares during the period. Finally, 1 North Wealth Services LLC bought a new stake in Lam Research during the 1st quarter valued at approximately $36,000. Institutional investors own 84.61% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Needham & Company LLC lifted their target price on Lam Research from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Hsbc Global Res raised Lam Research to a “hold” rating in a research note on Tuesday, September 30th. Erste Group Bank assumed coverage on Lam Research in a research note on Thursday, August 14th. They set a “buy” rating on the stock. Argus lifted their target price on Lam Research from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Finally, Wall Street Zen raised Lam Research from a “hold” rating to a “buy” rating in a research note on Saturday, October 4th. Twenty-three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.04.

Lam Research Stock Performance

NASDAQ LRCX opened at $145.04 on Wednesday. The stock has a market capitalization of $182.90 billion, a PE ratio of 34.87, a P/E/G ratio of 1.75 and a beta of 1.84. The business has a 50 day simple moving average of $120.69 and a two-hundred day simple moving average of $98.08. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $153.70.

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

Lam Research Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were issued a dividend of $0.26 per share. The ex-dividend date was Wednesday, September 24th. This represents a $1.04 annualized dividend and a yield of 0.7%. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is 25.00%.

Insider Activity at Lam Research

In other news, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction that occurred on Monday, October 13th. The stock was 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. The trade was a 17.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.31% of the company’s stock.

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.