Leo Wealth LLC Invests $312,000 in Lam Research Corporation $LRCX

Leo Wealth LLC acquired a new position in Lam Research Corporation (NASDAQ:LRCX) during the second quarter, according to its most recent filing with the SEC. The firm acquired 3,205 shares of the semiconductor company’s stock, valued at approximately $312,000.

Other large investors have also recently made changes to their positions in the company. REAP Financial Group LLC bought a new stake in shares of Lam Research during the second quarter valued at approximately $31,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of Lam Research during the first quarter valued at approximately $26,000. Hilltop National Bank bought a new stake in shares of Lam Research during the second quarter valued at approximately $38,000. Bruce G. Allen Investments LLC boosted its position in shares of Lam Research by 207.3% during the second 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 in the last quarter. Finally, 1 North Wealth Services LLC bought a new stake in shares of Lam Research during the first quarter valued at approximately $36,000. 84.61% of the stock is currently owned by institutional investors.

Lam Research Stock Down 6.8%

LRCX stock opened at $131.37 on Friday. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $153.70. The business has a fifty day moving average price of $114.80 and a 200-day moving average price of $94.46. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. The stock has a market capitalization of $165.66 billion, a P/E ratio of 31.58, a P/E/G ratio of 1.72 and a beta of 1.84.

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

Lam Research Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. B. Riley lifted their price target on Lam Research from $130.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, September 24th. Oppenheimer lifted their price target on Lam Research from $110.00 to $120.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Hsbc Global Res raised Lam Research to a “hold” rating in a report on Tuesday, September 30th. Summit Insights downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, July 31st. Finally, Mizuho boosted their target price on Lam Research from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Twenty-three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $121.00.

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.