Arkadios Wealth Advisors Boosts Holdings in Lam Research Corporation $LRCX

Arkadios Wealth Advisors grew its holdings in Lam Research Corporation (NASDAQ:LRCX) by 2.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 49,515 shares of the semiconductor company’s stock after purchasing an additional 1,236 shares during the quarter. Arkadios Wealth Advisors’ holdings in Lam Research were worth $4,820,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Smallwood Wealth Investment Management LLC purchased a new position in shares of Lam Research in the first quarter valued at approximately $26,000. IMG Wealth Management Inc. purchased a new position in shares of Lam Research in the second quarter valued at approximately $26,000. REAP Financial Group LLC purchased a new position in Lam Research in the second quarter worth approximately $31,000. 1 North Wealth Services LLC purchased a new position in Lam Research in the first quarter worth approximately $36,000. Finally, Rossby Financial LCC purchased a new position in Lam Research in the first quarter worth approximately $37,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Lam Research in a research note on Wednesday, October 8th. Mizuho lifted their price target on shares of Lam Research from $162.00 to $170.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. UBS Group set a $165.00 price target on shares of Lam Research and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Finally, Susquehanna lifted their price target on shares of Lam Research from $135.00 to $200.00 and gave the stock a “positive” rating in a research note on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $148.54.

Insiders Place Their Bets

In other news, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction on 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 transaction, the senior vice president directly owned 251,047 shares of the company’s stock, valued at $34,870,428.30. The trade was a 17.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction on Monday, October 27th. The shares were sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the completion of the transaction, the insider directly owned 56,786 shares in the company, valued at $8,942,091.42. The trade was a 13.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.31% of the company’s stock.

Lam Research Stock Up 3.2%

LRCX stock opened at $160.67 on Thursday. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $163.09. The company’s 50 day moving average is $126.73 and its two-hundred day moving average is $101.95. The stock has a market cap of $201.81 billion, a P/E ratio of 35.39, a PEG ratio of 1.62 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $5.23 billion. During the same quarter last year, the company earned $0.86 earnings per share. The firm’s revenue for the quarter was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio is presently 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.