Lam Research Corporation $LRCX Shares Sold by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 65.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,427 shares of the semiconductor company’s stock after selling 8,325 shares during the period. Daymark Wealth Partners LLC’s holdings in Lam Research were worth $431,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in LRCX. Brighton Jones LLC increased its position in Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares during the period. Golden State Wealth Management LLC increased its position in Lam Research by 18.5% during the first quarter. Golden State Wealth Management LLC now owns 2,249 shares of the semiconductor company’s stock worth $164,000 after buying an additional 351 shares during the period. DAVENPORT & Co LLC increased its position in Lam Research by 34.1% during the first quarter. DAVENPORT & Co LLC now owns 31,043 shares of the semiconductor company’s stock worth $2,257,000 after buying an additional 7,891 shares during the period. Rossby Financial LCC acquired a new position in Lam Research during the first quarter worth approximately $37,000. Finally, Keybank National Association OH increased its position in Lam Research by 8.2% during the first quarter. Keybank National Association OH now owns 39,818 shares of the semiconductor company’s stock worth $2,895,000 after buying an additional 3,004 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Up 0.2%

Lam Research stock opened at $161.01 on Friday. 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 Corporation has a 1-year low of $56.32 and a 1-year high of $165.22. The company has a market cap of $202.23 billion, a PE ratio of 35.46, a price-to-earnings-growth ratio of 1.68 and a beta of 1.84. The stock’s 50 day moving average price is $127.98 and its 200 day moving average price is $102.36.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the previous year, the business earned $0.86 earnings per share. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, sell-side analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date was Wednesday, September 24th. Lam Research’s dividend payout ratio (DPR) is presently 22.91%.

Analyst Upgrades and Downgrades

Several research analysts have commented on LRCX shares. Stifel Nicolaus set a $160.00 price target on Lam Research and gave the stock a “buy” rating in a research report on Thursday, October 23rd. HSBC set a $127.00 target price on Lam Research and gave the company a “hold” rating in a report on Tuesday, September 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $170.00 target price on shares of Lam Research in a report on Thursday, October 23rd. JPMorgan Chase & Co. boosted their target price on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Finally, New Street Research boosted their target price on Lam Research from $105.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus price target of $148.54.

Insider Buying and Selling

In related news, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $157.47, for a total value of $1,418,804.70. Following the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total value of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares in the company, valued at approximately $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.31% of the stock is owned by insiders.

Lam Research 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.