Wealth Advisory Solutions LLC Invests $218,000 in Lam Research Corporation $LRCX

Wealth Advisory Solutions LLC acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,237 shares of the semiconductor company’s stock, valued at approximately $218,000.

A number of other institutional investors also recently made changes to their positions in the company. Meridian Wealth Management LLC boosted its holdings in shares of Lam Research by 1.4% during the first quarter. Meridian Wealth Management LLC now owns 9,732 shares of the semiconductor company’s stock worth $707,000 after acquiring an additional 130 shares during the period. Bay Rivers Group boosted its holdings in shares of Lam Research by 0.6% during the second quarter. Bay Rivers Group now owns 22,404 shares of the semiconductor company’s stock worth $2,181,000 after acquiring an additional 130 shares during the period. GW&K Investment Management LLC boosted its holdings in shares of Lam Research by 10.1% during the first quarter. GW&K Investment Management LLC now owns 1,534 shares of the semiconductor company’s stock worth $112,000 after acquiring an additional 141 shares during the period. Dorsey & Whitney Trust CO LLC boosted its holdings in shares of Lam Research by 1.2% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 12,498 shares of the semiconductor company’s stock worth $909,000 after acquiring an additional 146 shares during the period. Finally, Fiduciary Financial Group LLC boosted its holdings in shares of Lam Research by 3.8% during the second quarter. Fiduciary Financial Group LLC now owns 4,073 shares of the semiconductor company’s stock worth $394,000 after acquiring an additional 150 shares during the period. Institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on LRCX shares. The Goldman Sachs Group started coverage on Lam Research in a research note on Thursday, July 10th. They issued a “buy” rating and a $115.00 price target for the company. Citigroup boosted their price target on Lam Research from $113.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, September 8th. Morgan Stanley set a $125.00 price target on Lam Research and gave the company an “equal weight” rating in a research note on Monday. Stifel Nicolaus boosted their price target on Lam Research from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Finally, Cantor Fitzgerald boosted their price target on Lam Research from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, August 21st. Twenty investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average target price of $109.39.

Lam Research Stock Up 4.2%

Shares of NASDAQ:LRCX opened at $132.20 on Tuesday. The company has a fifty day moving average of $104.01 and a 200-day moving average of $88.78. The company has a market capitalization of $166.71 billion, a PE ratio of 31.78, a price-to-earnings-growth ratio of 1.63 and a beta of 1.76. 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 52-week low of $56.32 and a 52-week high of $132.63.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.12. The business had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.Lam Research’s quarterly revenue was up 33.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities analysts predict that Lam Research Corporation will post 3.71 EPS 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 22.12%.

About Lam Research

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.