Lam Research Corporation $LRCX Shares Acquired by Evelyn Partners Investment Management LLP

Evelyn Partners Investment Management LLP lifted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 4,093.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,216 shares of the semiconductor company’s stock after buying an additional 1,187 shares during the period. Evelyn Partners Investment Management LLP’s holdings in Lam Research were worth $113,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Sava Infond d.o.o. increased its holdings in Lam Research by 3.1% in the 2nd quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock worth $7,325,000 after buying an additional 2,250 shares during the period. Empowered Funds LLC boosted its holdings in shares of Lam Research by 10.5% in the 1st quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock valued at $13,629,000 after acquiring an additional 17,833 shares during the last quarter. Genus Capital Management Inc. purchased a new stake in shares of Lam Research in the 2nd quarter valued at $14,476,000. Cookson Peirce & Co. Inc. acquired a new stake in shares of Lam Research in the first quarter worth $607,000. Finally, Glass Wealth Management Co LLC raised its holdings in shares of Lam Research by 8.5% during the second quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock worth $2,810,000 after purchasing an additional 2,270 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $142.65 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The firm has a fifty day moving average of $144.17 and a 200 day moving average of $112.17. The firm has a market cap of $179.17 billion, a PE ratio of 31.42, a PEG ratio of 1.68 and a beta of 1.87. Lam Research Corporation has a one year low of $56.32 and a one year high of $167.15.

Lam Research (NASDAQ:LRCX) last posted 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. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The business had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same period last year, the firm posted $0.86 earnings per share. The company’s revenue was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, research analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s payout ratio is 22.91%.

Analyst Ratings Changes

LRCX has been the topic of several recent research reports. 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. HSBC set a $127.00 price objective on Lam Research and gave the company a “hold” rating in a report on Tuesday, September 30th. Wells Fargo & Company raised their target price on Lam Research from $135.00 to $145.00 and gave the stock an “equal weight” rating in a report on Thursday, October 23rd. Erste Group Bank initiated coverage on Lam Research in a report on Thursday, August 14th. They issued a “buy” rating for the company. Finally, Cowen restated a “buy” rating on shares of Lam Research in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.84.

Insider Transactions at Lam Research

In other Lam Research 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 transaction, the senior vice president owned 251,047 shares in the company, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares in the company, valued at approximately $8,942,091.42. This trade represents a 13.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 102,608 shares of company stock worth $14,916,496 over the last three months. 0.31% of the stock is owned by insiders.

Lam Research Company 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.