Whelan Financial Reduces Stock Holdings in Lam Research Corporation $LRCX

Whelan Financial decreased its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,699 shares of the semiconductor company’s stock after selling 245 shares during the quarter. Whelan Financial’s holdings in Lam Research were worth $360,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of LRCX. Smallwood Wealth Investment Management LLC acquired a new stake in Lam Research in the 1st quarter valued at $26,000. 1 North Wealth Services LLC purchased a new stake in shares of Lam Research in the 1st quarter valued at $36,000. Rossby Financial LCC purchased a new stake in Lam Research during the 1st quarter worth approximately $37,000. Saudi Central Bank purchased a new stake in shares of Lam Research during the first quarter worth $37,000. Finally, Hilltop National Bank acquired a new stake in Lam Research in the 2nd quarter valued at about $38,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on LRCX shares. Raymond James Financial lifted their price target on shares of Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Rothschild & Co Redburn raised their price objective on shares of Lam Research from $115.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday. Cantor Fitzgerald raised their price objective on Lam Research from $120.00 to $155.00 and gave the stock an “overweight” rating in a report on Wednesday. Morgan Stanley set a $125.00 target price on Lam Research and gave the stock an “equal weight” rating in a research report on Monday, September 22nd. Finally, Hsbc Global Res upgraded Lam Research to a “hold” rating in a research note on Tuesday. Twenty-two investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $119.20.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $146.99 on Friday. The company has a market cap of $185.36 billion, a P/E ratio of 35.33, a price-to-earnings-growth ratio of 1.74 and a beta of 1.83. The company’s fifty day moving average is $109.49 and its two-hundred day moving average is $91.80. 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 12-month low of $56.32 and a 12-month high of $147.35.

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

Lam Research Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is presently 25.00%.

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.