West Bancorporation Inc. Invests $246,000 in Lam Research Corporation $LRCX

West Bancorporation Inc. acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 2,524 shares of the semiconductor company’s stock, valued at approximately $246,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in Lam Research by 6.9% during the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after purchasing an additional 8,364,375 shares during the period. Invesco Ltd. boosted its position in Lam Research by 2.8% during the 1st quarter. Invesco Ltd. now owns 17,330,771 shares of the semiconductor company’s stock worth $1,259,947,000 after purchasing an additional 472,636 shares during the period. Goldman Sachs Group Inc. boosted its position in Lam Research by 25.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock worth $693,319,000 after purchasing an additional 1,953,221 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Lam Research by 4.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 8,900,506 shares of the semiconductor company’s stock worth $647,067,000 after purchasing an additional 418,077 shares during the period. Finally, Nuveen LLC purchased a new stake in Lam Research during the 1st quarter worth $604,344,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Stock Performance

Shares of LRCX stock opened at $131.37 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. Lam Research Corporation has a one year low of $56.32 and a one year high of $153.70. The company’s 50-day simple moving average is $114.80 and its 200-day simple moving average is $94.46. The stock has a market capitalization of $165.66 billion, a price-to-earnings ratio of 31.58, a PEG ratio of 1.72 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The business had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $4.99 billion. During the same quarter last year, the company posted $1.03 earnings per share. The company’s quarterly 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 anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. Lam Research’s dividend payout ratio is 25.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LRCX. Hsbc Global Res raised shares of Lam Research to a “hold” rating in a research report on Tuesday, September 30th. UBS Group upped their price target on shares of Lam Research from $95.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Morgan Stanley set a $125.00 price objective on shares of Lam Research and gave the company an “equal weight” rating in a research report on Monday, September 22nd. Argus upped their price objective on shares of Lam Research from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Finally, Deutsche Bank Aktiengesellschaft raised shares of Lam Research from a “hold” rating to a “buy” rating and upped their price objective for the company from $100.00 to $150.00 in a research report on Monday, September 29th. Twenty-three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.00.

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.