International Assets Investment Management LLC Trims Position in Lam Research Corporation $LRCX

International Assets Investment Management LLC decreased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 13.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,308 shares of the semiconductor company’s stock after selling 1,472 shares during the quarter. International Assets Investment Management LLC’s holdings in Lam Research were worth $906,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of LRCX. Smallwood Wealth Investment Management LLC purchased a new position in Lam Research in the 1st quarter worth approximately $26,000. REAP Financial Group LLC purchased a new position in Lam Research in the 2nd quarter worth approximately $31,000. 1 North Wealth Services LLC purchased a new position in Lam Research in the 1st quarter worth approximately $36,000. Rossby Financial LCC purchased a new position in Lam Research in the 1st quarter worth approximately $37,000. Finally, Saudi Central Bank purchased a new position in Lam Research in the 1st quarter worth approximately $37,000. 84.61% of the stock is currently owned by institutional investors.

Lam Research Stock Performance

Shares of LRCX stock opened at $144.05 on Tuesday. 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 fifty-two week low of $56.32 and a fifty-two week high of $153.70. The stock has a 50 day moving average price of $119.90 and a two-hundred day moving average price of $97.75. The company has a market capitalization of $181.65 billion, a P/E ratio of 34.63, a PEG ratio of 1.72 and a beta of 1.84.

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

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th were issued a dividend of $0.26 per share. This is a boost from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Wednesday, September 24th. Lam Research’s dividend payout ratio is currently 25.00%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Hsbc Global Res raised shares of Lam Research to a “hold” rating in a research note on Tuesday, September 30th. Erste Group Bank initiated coverage on Lam Research in a research note on Thursday, August 14th. They issued a “buy” rating for the company. Wells Fargo & Company upped their target price on Lam Research from $98.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 2nd. UBS Group upped their target price on Lam Research from $95.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Finally, Raymond James Financial upped their target price on Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Twenty-three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $128.04.

Insider Activity at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction 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 represents a 17.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

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.