Lam Research Corporation $LRCX Shares Sold by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC lessened its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 14.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,047 shares of the semiconductor company’s stock after selling 1,965 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Lam Research were worth $1,172,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Lam Research by 6.9% in the first quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after acquiring an additional 8,364,375 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Lam Research by 2.8% during 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 during the last quarter. Nordea Investment Management AB grew its holdings in shares of Lam Research by 34.1% during the second quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock valued at $1,029,210,000 after purchasing an additional 2,692,189 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Lam Research by 25.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock worth $693,319,000 after buying an additional 1,953,221 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Lam Research by 4.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 8,900,506 shares of the semiconductor company’s stock worth $647,067,000 after buying an additional 418,077 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other news, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $138.90, for a total value of $7,249,191.00. Following the sale, the senior vice president directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.31% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

LRCX has been the subject of a number of research analyst reports. Stifel Nicolaus set a $160.00 target price on Lam Research and gave the stock a “buy” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft increased their price objective on Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Cantor Fitzgerald restated an “overweight” rating and issued a $170.00 target price on shares of Lam Research in a report on Thursday. The Goldman Sachs Group increased their price objective on Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, UBS Group set a $165.00 price objective on Lam Research and gave the stock a “buy” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and an average price target of $148.83.

Lam Research Stock Performance

LRCX stock opened at $156.90 on Tuesday. The company has a 50 day moving average price of $124.39 and a 200 day moving average price of $100.67. The stock has a market capitalization of $197.86 billion, a PE ratio of 34.56, a price-to-earnings-growth ratio of 1.66 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 $158.25. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same quarter in the previous year, the business earned $0.86 EPS. The firm’s revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. 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 was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th were paid a dividend of $0.26 per share. The ex-dividend date was Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

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.