Stephens Inc. AR Trims Stock Holdings in Lam Research Corporation $LRCX

Stephens Inc. AR lowered its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 3.0% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 9,313 shares of the semiconductor company’s stock after selling 290 shares during the period. Stephens Inc. AR’s holdings in Lam Research were worth $906,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of LRCX. Brighton Jones LLC raised its stake in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 12,936 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Lam Research by 21.5% during the 1st quarter. GAMMA Investing LLC now owns 29,408 shares of the semiconductor company’s stock valued at $2,138,000 after buying an additional 5,213 shares during the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Lam Research by 6.7% during the 1st quarter. Oppenheimer & Co. Inc. now owns 22,753 shares of the semiconductor company’s stock valued at $1,654,000 after buying an additional 1,432 shares during the last quarter. Moran Wealth Management LLC purchased a new position in shares of Lam Research during the 1st quarter valued at about $490,000. Finally, Golden State Equity Partners raised its stake in shares of Lam Research by 10.8% during the 1st quarter. Golden State Equity Partners now owns 3,182 shares of the semiconductor company’s stock valued at $231,000 after buying an additional 310 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Rothschild & Co Redburn lifted their price objective on Lam Research from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, October 14th. Citigroup lifted their price target on Lam Research from $120.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday. KeyCorp lifted their price target on Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. B. Riley lifted their price target on Lam Research from $160.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Finally, Barclays set a $142.00 price target on Lam Research and gave the company an “equal weight” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $147.21.

Insider Buying and Selling at Lam Research

In other news, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the transaction, the senior vice president directly owned 251,047 shares in the company, valued at $34,870,428.30. The trade was a 17.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Trading Up 2.8%

LRCX stock opened at $151.68 on Friday. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $153.70. The stock has a market cap of $191.27 billion, a price-to-earnings ratio of 33.41, a PEG ratio of 1.76 and a beta of 1.84. The business’s 50-day moving average is $123.23 and its 200 day moving average is $99.60.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the previous year, the firm posted $0.86 EPS. Lam Research’s revenue was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, sell-side analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.7%. The ex-dividend date was Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s payout ratio is presently 22.91%.

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.