Blue Trust Inc. Has $2.39 Million Holdings in Lam Research Corporation $LRCX

Blue Trust Inc. raised its position in Lam Research Corporation (NASDAQ:LRCX) by 25.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,507 shares of the semiconductor company’s stock after purchasing an additional 4,950 shares during the quarter. Blue Trust Inc.’s holdings in Lam Research were worth $2,385,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of LRCX. Brighton Jones LLC raised 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 period. Pallas Capital Advisors LLC bought a new position in shares of Lam Research during the 1st quarter worth approximately $504,000. GAMMA Investing LLC boosted its stake in shares of Lam Research by 21.5% during the 1st quarter. GAMMA Investing LLC now owns 29,408 shares of the semiconductor company’s stock worth $2,138,000 after acquiring an additional 5,213 shares during the period. Integrated Advisors Network LLC boosted its holdings in shares of Lam Research by 46.2% during the first quarter. Integrated Advisors Network LLC now owns 17,449 shares of the semiconductor company’s stock worth $1,269,000 after acquiring an additional 5,517 shares during the period. Finally, Zhang Financial LLC boosted its holdings in shares of Lam Research by 27.4% during the first quarter. Zhang Financial LLC now owns 4,737 shares of the semiconductor company’s stock worth $344,000 after acquiring an additional 1,020 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Down 6.8%

NASDAQ LRCX opened at $131.37 on Friday. The business has a fifty day moving average price of $114.80 and a two-hundred day moving average price of $94.46. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $153.70. The stock has a market capitalization of $165.66 billion, a PE ratio of 31.58, a PEG ratio of 1.72 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.12. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The company had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $4.99 billion. During the same period in the prior year, the company earned $1.03 EPS. Lam Research’s revenue was up 33.6% compared to the same quarter last year. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Equities analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be issued a $0.26 dividend. The ex-dividend date is Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. Lam Research’s dividend payout ratio (DPR) is currently 25.00%.

Analyst Ratings Changes

LRCX has been the subject of a number of research analyst reports. Cantor Fitzgerald boosted their price objective on Lam Research from $120.00 to $155.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Hsbc Global Res upgraded Lam Research to a “hold” rating in a report on Tuesday, September 30th. Wall Street Zen upgraded Lam Research from a “hold” rating to a “buy” rating in a research note on Saturday, October 4th. Needham & Company LLC boosted their price target on Lam Research from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Argus boosted their price target on Lam Research from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Twenty-three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and an average price target of $121.00.

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.