Lam Research Corporation $LRCX Shares Purchased by ORG Partners LLC

ORG Partners LLC lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 7.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,676 shares of the semiconductor company’s stock after purchasing an additional 114 shares during the quarter. ORG Partners LLC’s holdings in Lam Research were worth $162,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LRCX. Empowered Funds LLC grew its position in Lam Research by 10.5% during the 1st quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock worth $13,629,000 after purchasing an additional 17,833 shares during the last quarter. Pinnacle Financial Partners Inc acquired a new stake in shares of Lam Research during the first quarter worth about $201,000. Cookson Peirce & Co. Inc. acquired a new stake in shares of Lam Research during the first quarter worth about $607,000. China Universal Asset Management Co. Ltd. boosted its stake in shares of Lam Research by 27.1% during the first quarter. China Universal Asset Management Co. Ltd. now owns 49,505 shares of the semiconductor company’s stock worth $3,607,000 after buying an additional 10,565 shares during the period. Finally, First Citizens Bank & Trust Co. boosted its stake in shares of Lam Research by 47.8% during the first quarter. First Citizens Bank & Trust Co. now owns 121,902 shares of the semiconductor company’s stock worth $8,862,000 after buying an additional 39,414 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Mizuho upped their price objective on Lam Research from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, September 12th. Citigroup lifted their price objective on shares of Lam Research from $113.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, September 8th. Needham & Company LLC lifted their price objective on shares of Lam Research from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Stifel Nicolaus raised their target price on shares of Lam Research from $92.00 to $110.00 and gave the stock a “buy” rating in a research note on Tuesday, July 29th. Finally, Morgan Stanley set a $125.00 target price on shares of Lam Research and gave the stock an “equal weight” rating in a research note on Monday, September 22nd. Twenty investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and an average price target of $111.35.

Lam Research Price Performance

Lam Research stock opened at $128.33 on Monday. Lam Research Corporation has a one year low of $56.32 and a one year high of $133.57. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The business has a fifty day moving average of $106.28 and a two-hundred day moving average of $90.30. The company has a market cap of $161.83 billion, a P/E ratio of 30.85, a price-to-earnings-growth ratio of 1.62 and a beta of 1.76.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) 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 net margin of 29.07% and a return on equity of 58.17%. The business’s revenue was up 33.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

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

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.