GDS Wealth Management Buys 32,930 Shares of Lam Research Corporation $LRCX

GDS Wealth Management increased its stake in Lam Research Corporation (NASDAQ:LRCX) by 42.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 110,215 shares of the semiconductor company’s stock after buying an additional 32,930 shares during the quarter. GDS Wealth Management’s holdings in Lam Research were worth $10,728,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Ensign Peak Advisors Inc lifted its stake in Lam Research by 63.4% in the second quarter. Ensign Peak Advisors Inc now owns 1,003,847 shares of the semiconductor company’s stock worth $97,714,000 after purchasing an additional 389,536 shares during the last quarter. Artisan Partners Limited Partnership boosted its stake in shares of Lam Research by 35.4% during the second quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock valued at $958,786,000 after purchasing an additional 2,575,456 shares during the period. Empirical Finance LLC grew its holdings in shares of Lam Research by 0.6% in the second quarter. Empirical Finance LLC now owns 46,676 shares of the semiconductor company’s stock worth $4,543,000 after purchasing an additional 279 shares during the last quarter. Seizert Capital Partners LLC increased its stake in Lam Research by 23.3% in the 2nd quarter. Seizert Capital Partners LLC now owns 118,191 shares of the semiconductor company’s stock worth $11,505,000 after buying an additional 22,305 shares during the period. Finally, Talos Eurisko Asset Management LP lifted its holdings in Lam Research by 32.6% during the 2nd quarter. Talos Eurisko Asset Management LP now owns 279,834 shares of the semiconductor company’s stock valued at $27,239,000 after buying an additional 68,834 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Lam Research Trading Up 3.9%

Shares of Lam Research stock opened at $148.80 on Thursday. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $167.15. The firm’s 50 day simple moving average is $143.18 and its two-hundred day simple moving average is $111.22. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $186.90 billion, a price-to-earnings ratio of 32.78, a PEG ratio of 1.68 and a beta of 1.87.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data 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. The firm had revenue of $5.32 billion for 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%. 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 company earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

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

Insider Buying and Selling at Lam Research

In related news, CFO Douglas R. Bettinger sold 40,080 shares of the business’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, the chief financial officer directly owned 987,237 shares in the company, valued at $148,677,892.20. The trade was a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the sale, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. The trade was a 44.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 102,608 shares of company stock worth $14,916,496. 0.31% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have commented on the company. Wells Fargo & Company raised their price objective on Lam Research from $135.00 to $145.00 and gave the stock an “equal weight” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. boosted their price target on shares of Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Evercore ISI increased their price objective on shares of Lam Research from $115.00 to $170.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. UBS Group set a $165.00 price objective on shares of Lam Research and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Finally, Rothschild & Co Redburn increased their target price on Lam Research from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $149.04.

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.