Richard W. Paul & Associates LLC Buys 1,779 Shares of Lam Research Corporation $LRCX

by · The Cerbat Gem

Richard W. Paul & Associates LLC raised its stake in shares of Lam Research Corporation (NASDAQ:LRCXFree Report) by 57.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,890 shares of the semiconductor company’s stock after purchasing an additional 1,779 shares during the period. Richard W. Paul & Associates LLC’s holdings in Lam Research were worth $476,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC lifted its position in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares during the last quarter. Mutual of America Capital Management LLC acquired a new stake in shares of Lam Research in the first quarter valued at about $13,345,000. J.W. Cole Advisors Inc. increased its stake in shares of Lam Research by 281.7% in the first quarter. J.W. Cole Advisors Inc. now owns 11,899 shares of the semiconductor company’s stock worth $865,000 after purchasing an additional 8,782 shares during the period. Wedbush Securities Inc. lifted its position in shares of Lam Research by 6.2% during the 1st quarter. Wedbush Securities Inc. now owns 17,543 shares of the semiconductor company’s stock worth $1,275,000 after purchasing an additional 1,031 shares during the last quarter. Finally, AE Wealth Management LLC boosted its stake in Lam Research by 48.2% during the 1st quarter. AE Wealth Management LLC now owns 37,072 shares of the semiconductor company’s stock valued at $2,695,000 after purchasing an additional 12,055 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Price Performance

Shares of Lam Research stock opened at $142.65 on Friday. The firm has a market cap of $179.17 billion, a P/E ratio of 31.42, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. The firm’s 50-day simple moving average is $144.17 and its 200-day simple moving average is $111.89. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $167.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21.

Lam Research (NASDAQ:LRCXGet Free Report) last posted its quarterly earnings results 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. The firm had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, research analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be given 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 (DPR) is 22.91%.

Analysts Set New Price Targets

Several research analysts have commented on LRCX shares. Citigroup lifted their price target on Lam Research from $175.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. B. Riley boosted their target price on shares of Lam Research from $160.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Susquehanna upped their target price on shares of Lam Research from $135.00 to $200.00 and gave the company a “positive” rating in a research note on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft raised their price target on shares of Lam Research from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, HSBC set a $127.00 price objective on shares of Lam Research and gave the stock a “hold” rating in a report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $149.04.

Read Our Latest Stock Report on LRCX

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total value of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares in the company, valued at $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the sale, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This represents a 17.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 102,608 shares of company stock worth $14,916,496 in the last quarter. Corporate insiders own 0.31% of the company’s stock.

Lam Research Company Profile

(Free Report)

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.

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