Focus Partners Advisor Solutions LLC Has $1.02 Million Stake in Lam Research Corporation $LRCX

Focus Partners Advisor Solutions LLC grew its stake in Lam Research Corporation (NASDAQ:LRCX) by 18.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,012 shares of the semiconductor company’s stock after purchasing an additional 2,162 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Lam Research were worth $1,019,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in LRCX. Pinnacle Financial Partners Inc acquired a new stake in shares of Lam Research during the 1st quarter valued at about $201,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Lam Research during the 4th quarter valued at about $6,296,000. China Universal Asset Management Co. Ltd. boosted its position in shares of Lam Research by 27.1% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 49,505 shares of the semiconductor company’s stock valued at $3,607,000 after acquiring an additional 10,565 shares in the last quarter. Cookson Peirce & Co. Inc. acquired a new stake in shares of Lam Research during the 1st quarter valued at about $607,000. Finally, First Citizens Bank & Trust Co. boosted its position in shares of Lam Research by 47.8% during the 1st quarter. First Citizens Bank & Trust Co. now owns 121,902 shares of the semiconductor company’s stock valued at $8,862,000 after acquiring an additional 39,414 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. UBS Group lifted their target price on shares of Lam Research from $95.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, July 21st. Cantor Fitzgerald lifted their target price on shares of Lam Research from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, August 21st. KeyCorp lifted their price target 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. Needham & Company LLC lifted their price target on shares of Lam Research from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Finally, TD Cowen lifted their price target on shares of Lam Research from $100.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Twenty investment analysts have rated the stock with a Buy rating, six have issued 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 target price of $107.22.

Lam Research Trading Up 0.7%

Shares of LRCX stock opened at $97.74 on Thursday. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $108.02. The company has a market capitalization of $123.70 billion, a P/E ratio of 23.50, a P/E/G ratio of 1.29 and a beta of 1.76. The firm has a 50-day moving average price of $99.68 and a 200 day moving average price of $85.60. 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 (NASDAQ:LRCX) last announced 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 net margin of 29.07% and a return on equity of 58.17%. The company had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the previous year, the firm posted $1.03 earnings per share. The company’s revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Research analysts forecast 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. Shareholders of record on Wednesday, September 24th will be paid a $0.26 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, September 24th. Lam Research’s payout ratio is presently 22.12%.

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.