Savant Capital LLC Raises Holdings in Lam Research Corporation $LRCX

Savant Capital LLC increased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 47.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,886 shares of the semiconductor company’s stock after buying an additional 13,712 shares during the period. Savant Capital LLC’s holdings in Lam Research were worth $4,174,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Excalibur Management Corp purchased a new position in Lam Research during the 2nd quarter valued at about $206,000. OneAscent Wealth Management LLC bought a new position in shares of Lam Research during the second quarter valued at approximately $313,000. OneAscent Family Office LLC purchased a new position in Lam Research during the second quarter valued at approximately $243,000. Commonwealth Equity Services LLC raised its stake in Lam Research by 15.1% in the second quarter. Commonwealth Equity Services LLC now owns 514,099 shares of the semiconductor company’s stock worth $50,042,000 after buying an additional 67,516 shares in the last quarter. Finally, Sienna Gestion lifted its holdings in Lam Research by 9.2% during the second quarter. Sienna Gestion now owns 84,670 shares of the semiconductor company’s stock worth $7,525,000 after buying an additional 7,141 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of the firm’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 completion of the transaction, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This trade represents a 17.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the sale, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This represents a 44.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 62,498 shares of company stock worth $8,875,663. Company insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on LRCX. BNP Paribas Exane lifted their price target on Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, October 23rd. Citigroup raised their price objective on Lam Research from $120.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Mizuho boosted their target price on shares of Lam Research from $162.00 to $170.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Dbs Bank increased their price target on shares of Lam Research from $119.40 to $184.20 in a research report on Monday, October 27th. Finally, TD Cowen raised their price target on shares of Lam Research from $145.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus target price of $148.54.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $159.35 on Monday. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $166.92. The company has a market cap of $200.15 billion, a PE ratio of 35.10, a P/E/G ratio of 1.68 and a beta of 1.87. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The business has a 50-day simple moving average of $134.94 and a two-hundred day simple moving average of $106.90.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.22 by $0.04. The firm had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. Lam Research’s revenue was up 27.7% on a year-over-year basis. During the same period last year, the firm posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s payout ratio is presently 22.91%.

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.