Strategic Blueprint LLC Sells 1,041 Shares of Lam Research Corporation $LRCX

Strategic Blueprint LLC decreased its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 11.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 7,837 shares of the semiconductor company’s stock after selling 1,041 shares during the quarter. Strategic Blueprint LLC’s holdings in Lam Research were worth $763,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Brighton Jones LLC increased its stake in Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares during the period. GAMMA Investing LLC grew its holdings in shares of Lam Research by 21.5% during the 1st quarter. GAMMA Investing LLC now owns 29,408 shares of the semiconductor company’s stock worth $2,138,000 after purchasing an additional 5,213 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Lam Research by 6.7% during the first quarter. Oppenheimer & Co. Inc. now owns 22,753 shares of the semiconductor company’s stock valued at $1,654,000 after purchasing an additional 1,432 shares during the period. Moran Wealth Management LLC acquired a new position in shares of Lam Research in the first quarter valued at $490,000. Finally, Spire Wealth Management lifted its position in Lam Research by 29.0% in the first quarter. Spire Wealth Management now owns 6,716 shares of the semiconductor company’s stock worth $488,000 after purchasing an additional 1,511 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Up 2.8%

Shares of LRCX opened at $151.68 on Friday. The company has a market capitalization of $191.27 billion, a P/E ratio of 33.41, a PEG ratio of 1.81 and a beta of 1.84. Lam Research Corporation has a one year low of $56.32 and a one year high of $153.70. The business’s 50 day simple moving average is $123.23 and its 200-day simple moving average is $99.87. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.55.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.04. The firm had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, sell-side 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 was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s payout ratio is currently 22.91%.

Insiders Place Their Bets

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction dated Monday, October 13th. The shares were 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 directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Barclays set a $142.00 price target on shares of Lam Research and gave the company an “equal weight” rating in a report on Monday, October 20th. Wall Street Zen raised shares of Lam Research from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. New Street Research raised their price target on shares of Lam Research from $105.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday. HSBC set a $127.00 price objective on Lam Research and gave the company a “hold” rating in a research note on Tuesday, September 30th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Lam Research in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $147.57.

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.