Stephens Inc. AR Sells 290 Shares of Lam Research Corporation $LRCX

Stephens Inc. AR lowered its position in Lam Research Corporation (NASDAQ:LRCX) by 3.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,313 shares of the semiconductor company’s stock after selling 290 shares during the quarter. Stephens Inc. AR’s holdings in Lam Research were worth $906,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. BankPlus Wealth Management LLC grew its stake in Lam Research by 2.0% in the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock worth $511,000 after purchasing an additional 105 shares in the last quarter. ORG Partners LLC grew its stake in Lam Research by 7.3% in the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock worth $162,000 after purchasing an additional 114 shares in the last quarter. Quotient Wealth Partners LLC grew its stake in Lam Research by 2.1% in the second quarter. Quotient Wealth Partners LLC now owns 5,437 shares of the semiconductor company’s stock worth $529,000 after purchasing an additional 114 shares in the last quarter. Fairvoy Private Wealth LLC grew its stake in Lam Research by 3.0% in the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock worth $407,000 after purchasing an additional 120 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its position in Lam Research by 16.0% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 869 shares of the semiconductor company’s stock valued at $85,000 after acquiring an additional 120 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Stifel Nicolaus set a $160.00 target price on Lam Research and gave the company a “buy” rating in a research report on Thursday. Zacks Research raised Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. Oppenheimer set a $200.00 target price on Lam Research and gave the company an “outperform” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft raised Lam Research from a “hold” rating to a “buy” rating and increased their target price for the company from $100.00 to $150.00 in a research report on Monday, September 29th. Finally, Morgan Stanley increased their target price on Lam Research from $125.00 to $137.00 and gave the company an “equal weight” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $147.21.

Lam Research Stock Up 2.8%

Lam Research stock opened at $151.68 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.55. The stock has a market capitalization of $191.27 billion, a price-to-earnings ratio of 33.41, a PEG ratio of 1.76 and a beta of 1.84. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $153.70. The business has a fifty day moving average price of $123.23 and a 200-day moving average price of $99.60.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The firm had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business’s quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Equities research analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th were paid a $0.26 dividend. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date was Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. Lam Research’s dividend payout ratio (DPR) is 22.91%.

Insider Transactions at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total value 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 trade represents a 17.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.31% of the stock is owned by company 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.