Lam Research Corporation $LRCX Shares Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. trimmed its holdings in Lam Research Corporation (NASDAQ:LRCX) by 0.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 113,424 shares of the semiconductor company’s stock after selling 283 shares during the quarter. Lam Research comprises approximately 0.9% of YHB Investment Advisors Inc.’s portfolio, making the stock its 29th biggest position. YHB Investment Advisors Inc.’s holdings in Lam Research were worth $11,041,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Lam Research by 6.9% in the first quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock valued at $9,389,358,000 after purchasing an additional 8,364,375 shares in the last quarter. Invesco Ltd. boosted its holdings in Lam Research by 2.8% in the first quarter. Invesco Ltd. now owns 17,330,771 shares of the semiconductor company’s stock valued at $1,259,947,000 after purchasing an additional 472,636 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Lam Research by 25.8% in the first quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock valued at $693,319,000 after purchasing an additional 1,953,221 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Lam Research by 4.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 8,900,506 shares of the semiconductor company’s stock valued at $647,067,000 after purchasing an additional 418,077 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Lam Research in the first quarter valued at approximately $604,344,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LRCX has been the subject of several research analyst reports. Stifel Nicolaus increased their price objective on Lam Research from $92.00 to $110.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. Needham & Company LLC increased their price objective on Lam Research from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, July 31st. The Goldman Sachs Group initiated coverage on Lam Research in a report on Thursday, July 10th. They issued a “buy” rating and a $115.00 price objective for the company. Mizuho increased their price objective on Lam Research from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, September 12th. Finally, Morgan Stanley reissued an “underweight” rating and issued a $92.00 price objective (down from $94.00) on shares of Lam Research in a report on Tuesday, September 2nd. Twenty research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.96.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $126.32 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. The stock has a fifty day moving average price of $102.85 and a 200 day moving average price of $87.91. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $128.70. The company has a market cap of $159.29 billion, a PE ratio of 30.37, a P/E/G ratio of 1.57 and a beta of 1.76.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.12. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The firm had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same period last year, the company earned $1.03 earnings per share. The company’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 year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th will be given a $0.26 dividend. The ex-dividend date is Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a yield of 0.8%. Lam Research’s dividend payout ratio (DPR) is currently 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.