James Investment Research Inc. Increases Stake in Lam Research Corporation $LRCX

James Investment Research Inc. increased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 8.9% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,355 shares of the semiconductor company’s stock after purchasing an additional 355 shares during the period. James Investment Research Inc.’s holdings in Lam Research were worth $424,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Lam Research in the 1st quarter valued at $26,000. IMG Wealth Management Inc. purchased a new stake in Lam Research during the 2nd quarter valued at $26,000. REAP Financial Group LLC purchased a new stake in Lam Research during the 2nd quarter valued at $31,000. 1 North Wealth Services LLC purchased a new stake in Lam Research during the 1st quarter valued at $36,000. Finally, Rossby Financial LCC purchased a new stake in Lam Research during the 1st quarter valued at $37,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Price Performance

Shares of 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. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $158.24. The company has a market capitalization of $195.46 billion, a P/E ratio of 34.28, a P/E/G ratio of 1.64 and a beta of 1.84. The firm’s 50 day simple moving average is $125.50 and its two-hundred day simple moving average is $101.30.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. Lam Research’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Research analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th were issued a $0.26 dividend. The ex-dividend date was Wednesday, September 24th. 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%. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Insider Transactions at Lam Research

In other news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction dated 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 transaction, the insider directly owned 56,786 shares in the company, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on LRCX shares. KeyCorp raised their target price on shares of Lam Research from $105.00 to $115.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 15th. Barclays set a $142.00 price target on shares of Lam Research and gave the stock an “equal weight” rating in a research note on Monday, October 20th. TD Cowen raised their price objective on shares of Lam Research from $145.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Morgan Stanley raised their price objective on shares of Lam Research from $125.00 to $137.00 and gave the company an “equal weight” rating in a research note on Thursday, October 23rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus 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.