Valeo Financial Advisors LLC Increases Stock Position in Lam Research Corporation $LRCX

Valeo Financial Advisors LLC increased its position in Lam Research Corporation (NASDAQ:LRCX) by 2.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,681 shares of the semiconductor company’s stock after purchasing an additional 380 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Lam Research were worth $1,526,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. BankPlus Wealth Management LLC boosted its stake in shares of Lam Research by 2.0% in the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock valued at $511,000 after purchasing an additional 105 shares during the period. ORG Partners LLC raised its holdings in Lam Research by 7.3% in the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock valued at $162,000 after acquiring an additional 114 shares in the last quarter. Fairvoy Private Wealth LLC raised its holdings in Lam Research by 3.0% in the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock valued at $407,000 after acquiring an additional 120 shares in the last quarter. Abundance Wealth Counselors raised its holdings in Lam Research by 1.1% in the second quarter. Abundance Wealth Counselors now owns 11,537 shares of the semiconductor company’s stock valued at $1,123,000 after acquiring an additional 124 shares in the last quarter. Finally, First Pacific Financial raised its holdings in Lam Research by 7.7% in the second quarter. First Pacific Financial now owns 1,766 shares of the semiconductor company’s stock valued at $172,000 after acquiring an additional 126 shares in the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research Stock Down 5.9%

Shares of NASDAQ:LRCX opened at $140.35 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $153.70. The company’s fifty day moving average is $112.31 and its two-hundred day moving average is $93.32. The stock has a market capitalization of $176.99 billion, a price-to-earnings ratio of 33.74, a price-to-earnings-growth ratio of 1.82 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data 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 business had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $4.99 billion. During the same quarter last year, the company earned $1.03 EPS. The company’s revenue for the quarter was up 33.6% compared to the same quarter last year. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Equities analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Increases Dividend

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

Wall Street Analyst Weigh In

LRCX has been the topic of several recent analyst reports. Oppenheimer upped their price target 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. Erste Group Bank initiated coverage on shares of Lam Research in a report on Thursday, August 14th. They issued a “buy” rating on the stock. 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 target on the stock. Raymond James Financial upped their price target on shares of Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Finally, TD Cowen increased their target price on shares of Lam Research from $100.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, July 31st. Twenty-three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average price target of $119.20.

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.