Meiji Yasuda Life Insurance Co Has $1.41 Million Position in Lam Research Corporation $LRCX

Meiji Yasuda Life Insurance Co increased its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 19.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,361 shares of the semiconductor company’s stock after buying an additional 3,161 shares during the quarter. Meiji Yasuda Life Insurance Co’s holdings in Lam Research were worth $1,408,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC bought a new stake in Lam Research during the first quarter worth $26,000. Mpwm Advisory Solutions LLC bought a new stake in Lam Research during the fourth quarter worth $27,000. Park Square Financial Group LLC bought a new stake in Lam Research during the fourth quarter worth $31,000. Putney Financial Group LLC bought a new stake in Lam Research during the fourth quarter worth $36,000. Finally, 1 North Wealth Services LLC bought a new stake in Lam Research during the first quarter worth $36,000. 84.61% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on LRCX. Wall Street Zen upgraded Lam Research from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. B. Riley restated a “buy” rating and set a $115.00 target price (up from $95.00) on shares of Lam Research in a research note on Wednesday, June 18th. UBS Group upped their target price on Lam Research from $95.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Citigroup upped their target price on Lam Research from $113.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Needham & Company LLC increased their price target on Lam Research from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Twenty research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.52.

Lam Research Stock Up 2.1%

Shares of LRCX opened at $105.07 on Tuesday. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $108.02. The stock has a market capitalization of $132.98 billion, a price-to-earnings ratio of 25.26, a PEG ratio of 1.32 and a beta of 1.76. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The stock has a fifty day moving average of $100.02 and a 200-day moving average of $85.93.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.12. The company had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.Lam Research’s revenue was up 33.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, sell-side 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. Investors of record on Wednesday, September 24th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This represents a $1.04 annualized dividend and a yield of 1.0%. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio is 22.12%.

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.