Strengthening Families & Communities LLC Raises Stock Holdings in Lam Research Corporation $LRCX

Strengthening Families & Communities LLC increased its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 458.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 536 shares of the semiconductor company’s stock after purchasing an additional 440 shares during the quarter. Strengthening Families & Communities LLC’s holdings in Lam Research were worth $52,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in LRCX. Vanguard Group Inc. lifted its stake in shares of Lam Research by 6.9% during the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after purchasing an additional 8,364,375 shares during the last quarter. Nuveen LLC purchased a new stake in Lam Research in the first quarter valued at about $604,344,000. Price T Rowe Associates Inc. MD raised its stake in Lam Research by 99.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company’s stock valued at $417,242,000 after buying an additional 2,864,863 shares during the last quarter. Boston Partners raised its stake in Lam Research by 9,978.3% in the first quarter. Boston Partners now owns 2,350,362 shares of the semiconductor company’s stock valued at $170,787,000 after buying an additional 2,327,041 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake 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 buying an additional 1,953,221 shares during the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on LRCX. Weiss Ratings reiterated a “buy (b-)” rating on shares of Lam Research in a research note on Wednesday. Raymond James Financial increased their price target on Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Deutsche Bank Aktiengesellschaft upgraded Lam Research from a “hold” rating to a “buy” rating and increased their price target for the company from $100.00 to $150.00 in a research note on Monday, September 29th. Mizuho increased their price target on Lam Research from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, September 12th. Finally, The Goldman Sachs Group increased their price objective on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday. Twenty-three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.00.

Lam Research Stock Down 6.8%

Shares of LRCX stock opened at $131.37 on Friday. The stock’s 50-day simple moving average is $114.80 and its 200-day simple moving average is $94.46. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The firm has a market capitalization of $165.66 billion, a PE ratio of 31.58, a P/E/G ratio of 1.72 and a beta of 1.84. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $153.70.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.12. The business had revenue of $5.17 billion for 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 company’s revenue was up 33.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.03 earnings per share. 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 year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.8%. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Wednesday, September 24th. Lam Research’s dividend payout ratio is 25.00%.

About Lam Research

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.