Lam Research Corporation $LRCX Shares Acquired by Lindenwold Advisors INC

Lindenwold Advisors INC lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 1.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,674 shares of the semiconductor company’s stock after purchasing an additional 261 shares during the period. Lam Research comprises about 1.1% of Lindenwold Advisors INC’s holdings, making the stock its 28th largest position. Lindenwold Advisors INC’s holdings in Lam Research were worth $2,110,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Lam Research by 6.9% in the first 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 period. Nuveen LLC acquired a new stake in shares of Lam Research in the first quarter valued at approximately $604,344,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of 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 acquiring an additional 2,864,863 shares during the period. Boston Partners boosted 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 valued at $170,787,000 after acquiring an additional 2,327,041 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Lam Research by 25.8% in the first quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock valued at $693,319,000 after acquiring an additional 1,953,221 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on LRCX. Barclays set a $83.00 price target on Lam Research and gave the stock an “equal weight” rating in a report on Monday, July 28th. The Goldman Sachs Group raised their price target on Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday. Wall Street Zen raised Lam Research from a “hold” rating to a “buy” rating in a report on Saturday, October 4th. Citigroup raised their price target on Lam Research from $113.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Finally, HSBC set a $127.00 price target on Lam Research and gave the stock a “hold” rating in a report on Tuesday, September 30th. Twenty-three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $121.00.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $131.37 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38. The company has a market cap of $165.66 billion, a P/E ratio of 31.58, a PEG ratio of 1.72 and a beta of 1.84. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $153.70. The company has a 50-day moving average price of $114.80 and a 200 day moving average price of $94.46.

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

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, September 24th. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio is presently 25.00%.

Lam Research Company 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.