Lam Research Corporation $LRCX Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC decreased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 56.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 48,096 shares of the semiconductor company’s stock after selling 62,042 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Lam Research were worth $4,682,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Lam Research by 6.9% during 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 buying an additional 8,364,375 shares during the period. Invesco Ltd. grew its stake in shares of Lam Research by 2.8% in the 1st quarter. Invesco Ltd. now owns 17,330,771 shares of the semiconductor company’s stock worth $1,259,947,000 after purchasing an additional 472,636 shares during the last quarter. Goldman Sachs Group Inc. increased 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 buying an additional 1,953,221 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Lam Research by 4.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 8,900,506 shares of the semiconductor company’s stock valued at $647,067,000 after acquiring an additional 418,077 shares during the last quarter. Finally, Nuveen LLC bought a new stake in shares of Lam Research during the 1st quarter worth $604,344,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Up 2.3%

LRCX stock opened at $149.15 on Tuesday. The company has a 50 day moving average of $111.48 and a two-hundred day moving average of $92.99. The company has a market cap of $188.08 billion, a price-to-earnings ratio of 35.85, a PEG ratio of 1.78 and a beta of 1.84. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $153.70. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38.

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

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.7%. This is an increase from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, September 24th. Lam Research’s dividend payout ratio is 25.00%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on LRCX. Morgan Stanley set a $125.00 target price on Lam Research and gave the stock an “equal weight” rating in a research report on Monday, September 22nd. KeyCorp upped their price objective on shares of Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. Wall Street Zen raised shares of Lam Research from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings restated a “buy (b-)” rating on shares of Lam Research in a report on Saturday, September 27th. Finally, Mizuho raised their price objective on shares of Lam Research from $120.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, September 12th. Twenty-three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus price target of $119.20.

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.