Strategies Wealth Advisors LLC Buys Shares of 3,286 Lam Research Corporation $LRCX

Strategies Wealth Advisors LLC bought a new stake in Lam Research Corporation (NASDAQ:LRCX) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,286 shares of the semiconductor company’s stock, valued at approximately $239,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LRCX. Ameriprise Financial Inc. grew its position in Lam Research by 950.5% in the fourth quarter. Ameriprise Financial Inc. now owns 34,543,915 shares of the semiconductor company’s stock valued at $2,495,128,000 after acquiring an additional 31,255,726 shares during the last quarter. Northern Trust Corp grew its position in Lam Research by 1,067.0% in the fourth quarter. Northern Trust Corp now owns 15,869,244 shares of the semiconductor company’s stock valued at $1,146,235,000 after acquiring an additional 14,509,407 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Lam Research by 6,383.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,574,691 shares of the semiconductor company’s stock valued at $980,500,000 after acquiring an additional 13,365,317 shares during the last quarter. Janus Henderson Group PLC bought a new position in Lam Research in the 4th quarter valued at approximately $792,161,000. Finally, Vanguard Group Inc. raised its holdings in Lam Research by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock valued at $9,389,358,000 after buying an additional 8,364,375 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

LRCX has been the subject of a number of research reports. The Goldman Sachs Group initiated coverage on shares of Lam Research in a report on Thursday, July 10th. They issued a “buy” rating and a $115.00 price objective for the company. Oppenheimer raised their price objective on shares of Lam Research from $110.00 to $120.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. KeyCorp raised their price objective on shares of Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, July 15th. Stifel Nicolaus lifted their price objective on Lam Research from $92.00 to $110.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Finally, Wall Street Zen raised Lam Research from a “hold” rating to a “buy” rating in a research note on Saturday, August 2nd. Twenty investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $107.30.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $100.08 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $108.02. The stock’s 50 day moving average is $98.41 and its 200-day moving average is $84.59. The firm has a market capitalization of $126.66 billion, a price-to-earnings ratio of 24.06, a PEG ratio of 1.28 and a beta of 1.65.

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

Lam Research Company 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.