StoneX Group Inc. Boosts Stock Holdings in Lam Research Corporation $LRCX

StoneX Group Inc. grew its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 151.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,045 shares of the semiconductor company’s stock after buying an additional 8,453 shares during the period. StoneX Group Inc.’s holdings in Lam Research were worth $1,370,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Bahl & Gaynor Inc. grew its position in Lam Research by 1.9% during the second quarter. Bahl & Gaynor Inc. now owns 5,602 shares of the semiconductor company’s stock valued at $545,000 after acquiring an additional 102 shares during the period. BankPlus Wealth Management LLC lifted its stake in shares of Lam Research by 2.0% in the 2nd quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock valued at $511,000 after purchasing an additional 105 shares in the last quarter. ORG Partners LLC grew its holdings in shares of Lam Research by 7.3% during the 2nd quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock worth $162,000 after purchasing an additional 114 shares during the period. Quotient Wealth Partners LLC increased its position in Lam Research by 2.1% during the 2nd quarter. Quotient Wealth Partners LLC now owns 5,437 shares of the semiconductor company’s stock worth $529,000 after purchasing an additional 114 shares in the last quarter. Finally, Fairvoy Private Wealth LLC raised its holdings in Lam Research by 3.0% in the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock valued at $407,000 after buying an additional 120 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Stock Up 1.0%

Shares of Lam Research stock opened at $158.70 on Monday. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $167.15. The company has a market capitalization of $199.33 billion, a PE ratio of 34.96, a P/E/G ratio of 1.63 and a beta of 1.77. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60. The business has a 50-day moving average of $150.02 and a 200-day moving average of $117.59.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. The business had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The company’s revenue was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s dividend payout ratio is 22.91%.

Insider Activity at Lam Research

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the sale, the chief financial officer owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. This trade represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the sale, the director directly owned 1,652 shares in the company, valued at $264,303.48. This represents a 44.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 102,608 shares of company stock worth $14,916,496 over the last three months. 0.31% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on LRCX. New Street Research boosted their price objective on shares of Lam Research from $105.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. UBS Group reaffirmed a “buy” rating and set a $175.00 price target (up from $165.00) on shares of Lam Research in a research report on Tuesday, November 25th. Stifel Nicolaus set a $160.00 price target on Lam Research and gave the company a “buy” rating in a report on Thursday, October 23rd. Oppenheimer set a $200.00 price objective on Lam Research and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Finally, Berenberg Bank increased their target price on Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Twenty-six investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $152.87.

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.