Mesirow Financial Investment Management Inc. Takes $234,000 Position in Lam Research Corporation $LRCX

Mesirow Financial Investment Management Inc. purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,406 shares of the semiconductor company’s stock, valued at approximately $234,000.

Several other hedge funds and other institutional investors also recently modified their holdings of LRCX. Brighton Jones LLC increased its stake in shares of Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 12,936 shares during the last quarter. Golden State Wealth Management LLC increased its stake in shares of Lam Research by 18.5% in the 1st quarter. Golden State Wealth Management LLC now owns 2,249 shares of the semiconductor company’s stock valued at $164,000 after purchasing an additional 351 shares during the last quarter. Rossby Financial LCC bought a new position in shares of Lam Research in the 1st quarter valued at $37,000. Private Trust Co. NA boosted its holdings in shares of Lam Research by 18.6% during the 1st quarter. Private Trust Co. NA now owns 6,441 shares of the semiconductor company’s stock valued at $468,000 after acquiring an additional 1,010 shares in the last quarter. Finally, OneDigital Investment Advisors LLC boosted its holdings in shares of Lam Research by 29.7% during the 1st quarter. OneDigital Investment Advisors LLC now owns 13,777 shares of the semiconductor company’s stock valued at $1,002,000 after acquiring an additional 3,153 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Insider Activity

In other news, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction dated 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 completion of the transaction, the insider directly owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. This trade represents a 13.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.31% of the stock is currently owned by insiders.

Lam Research Stock Down 2.2%

Shares of LRCX opened at $157.46 on Monday. The company has a market capitalization of $197.77 billion, a PE ratio of 34.68, a PEG ratio of 1.68 and a beta of 1.84. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $165.22. The stock’s 50-day moving average price is $129.13 and its two-hundred day moving average price is $103.49. 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 (NASDAQ:LRCX) last announced its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 24th. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is presently 22.91%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. B. Riley raised their price objective on Lam Research from $160.00 to $175.00 and gave the company a “buy” rating in a report on Monday, October 20th. KeyCorp raised their price objective on Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, July 15th. Raymond James Financial raised their price objective on Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Erste Group Bank assumed coverage on Lam Research in a report on Thursday, August 14th. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. raised their price objective on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $148.54.

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.