Lam Research Corporation $LRCX Shares Bought by Lindenwold Advisors INC

Lindenwold Advisors INC grew its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 1.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,674 shares of the semiconductor company’s stock after purchasing an additional 261 shares during the period. Lam Research makes up about 1.1% of Lindenwold Advisors INC’s holdings, making the stock its 28th largest holding. Lindenwold Advisors INC’s holdings in Lam Research were worth $2,110,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Aberdeen Group plc lifted its stake in Lam Research by 6.4% during the second quarter. Aberdeen Group plc now owns 1,013,051 shares of the semiconductor company’s stock worth $98,727,000 after purchasing an additional 60,582 shares in the last quarter. Strengthening Families & Communities LLC lifted its stake in Lam Research by 458.3% during the second quarter. Strengthening Families & Communities LLC now owns 536 shares of the semiconductor company’s stock worth $52,000 after purchasing an additional 440 shares in the last quarter. PDS Planning Inc lifted its stake in Lam Research by 5.8% during the second quarter. PDS Planning Inc now owns 7,749 shares of the semiconductor company’s stock worth $754,000 after purchasing an additional 422 shares in the last quarter. Blue Trust Inc. lifted its stake in Lam Research by 25.3% during the second quarter. Blue Trust Inc. now owns 24,507 shares of the semiconductor company’s stock worth $2,385,000 after purchasing an additional 4,950 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC acquired a new position in Lam Research during the second quarter worth $295,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. KeyCorp upped their price target on Lam Research from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 15th. Deutsche Bank Aktiengesellschaft upgraded Lam Research from a “hold” rating to a “buy” rating and increased their price objective for the company from $100.00 to $150.00 in a research note on Monday, September 29th. The Goldman Sachs Group increased their price objective on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday. Oppenheimer increased their price objective on Lam Research from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Lam Research in a research note on Wednesday. Twenty-three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $121.00.

Lam Research Stock Performance

NASDAQ:LRCX opened at $131.37 on Friday. The firm has a market capitalization of $165.66 billion, a PE ratio of 31.58, a price-to-earnings-growth ratio of 1.72 and a beta of 1.84. The business’s fifty day moving average price is $114.80 and its 200 day moving average price is $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 12 month low of $56.32 and a 12 month high of $153.70.

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

Lam Research Increases Dividend

The firm also recently announced 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. This represents a $1.04 annualized dividend and a yield of 0.8%. This is a boost from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Wednesday, September 24th. Lam Research’s dividend payout ratio is currently 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.