Lam Research Corporation $LRCX is Winslow Capital Management LLC’s 9th Largest Position

Winslow Capital Management LLC raised its position in Lam Research Corporation (NASDAQ:LRCX) by 7.0% during the second quarter, HoldingsChannel reports. The firm owned 8,310,124 shares of the semiconductor company’s stock after purchasing an additional 540,252 shares during the period. Lam Research comprises 2.7% of Winslow Capital Management LLC’s holdings, making the stock its 9th biggest position. Winslow Capital Management LLC’s holdings in Lam Research were worth $808,907,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Bahl & Gaynor Inc. grew its stake in shares of Lam Research by 1.9% in the 2nd quarter. Bahl & Gaynor Inc. now owns 5,602 shares of the semiconductor company’s stock valued at $545,000 after buying an additional 102 shares during the period. BankPlus Wealth Management LLC lifted its stake in Lam Research by 2.0% during the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock worth $511,000 after purchasing an additional 105 shares in the last quarter. ORG Partners LLC increased its stake in Lam Research by 7.3% during the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock worth $162,000 after purchasing an additional 114 shares during the period. Quotient Wealth Partners LLC increased its stake in Lam Research by 2.1% during the 2nd quarter. Quotient Wealth Partners LLC now owns 5,437 shares of the semiconductor company’s stock worth $529,000 after buying an additional 114 shares during the period. Finally, Fairvoy Private Wealth LLC increased its position in shares of Lam Research by 3.0% during the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock worth $407,000 after acquiring an additional 120 shares during the period. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Erste Group Bank initiated coverage on Lam Research in a research note on Thursday, August 14th. They set a “buy” rating for the company. Morgan Stanley raised their price objective on shares of Lam Research from $137.00 to $158.00 and gave the company an “equal weight” rating in a research report on Tuesday, December 2nd. Cowen reissued a “buy” rating on shares of Lam Research in a report on Thursday, October 23rd. Barclays set a $142.00 price objective on Lam Research and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Finally, Dbs Bank upped their target price on Lam Research from $119.40 to $184.20 in a report on Monday, October 27th. Twenty-six equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $152.87.

Lam Research Stock Performance

NASDAQ:LRCX opened at $158.70 on Monday. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $167.15. The stock has a market cap of $199.33 billion, a P/E ratio of 34.96, a PEG ratio of 1.63 and a beta of 1.77. 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 firm has a 50-day moving average of $150.02 and a two-hundred day moving average of $117.59.

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

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Insiders Place Their Bets

In related news, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction 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 sale, the insider owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. This trade represents a 13.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the transaction, the director owned 1,652 shares in the company, valued at $264,303.48. This trade represents a 44.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 102,608 shares of company stock valued at $14,916,496 in the last 90 days. Insiders own 0.31% of the company’s stock.

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.