2,967 Shares in Lam Research Corporation $LRCX Purchased by Impact Capital Partners LLC

Impact Capital Partners LLC acquired a new position in Lam Research Corporation (NASDAQ:LRCX) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,967 shares of the semiconductor company’s stock, valued at approximately $289,000.

A number of other large investors have also modified their holdings of LRCX. Vanguard Group Inc. increased its holdings in shares of Lam Research by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after acquiring an additional 8,364,375 shares during the period. Nuveen LLC acquired a new position in Lam Research during the 1st quarter valued at about $604,344,000. Price T Rowe Associates Inc. MD increased its stake in Lam Research by 99.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company’s stock valued at $417,242,000 after buying an additional 2,864,863 shares during the period. Boston Partners increased its stake in Lam Research by 9,978.3% during the 1st quarter. Boston Partners now owns 2,350,362 shares of the semiconductor company’s stock valued at $170,787,000 after buying an additional 2,327,041 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in Lam Research by 25.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock valued at $693,319,000 after buying an additional 1,953,221 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Performance

Shares of LRCX opened at $142.79 on Thursday. Lam Research Corporation has a one year low of $56.32 and a one year high of $143.09. The company has a 50-day moving average of $108.51 and a two-hundred day moving average of $91.33. The stock has a market cap of $180.06 billion, a price-to-earnings ratio of 34.32, a PEG ratio of 1.63 and a beta of 1.83. 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 (NASDAQ:LRCX) last announced its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The company had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $4.99 billion. During the same period last year, the company posted $1.03 earnings per share. The business’s revenue for the quarter was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. This is an increase from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 24th. Lam Research’s dividend payout ratio is 25.00%.

Analyst Upgrades and Downgrades

LRCX has been the topic of several research analyst reports. Oppenheimer raised their target price on shares of Lam Research from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Barclays set a $83.00 target price on shares of Lam Research and gave the company an “equal weight” rating in a research note on Monday, July 28th. KeyCorp raised their target price on shares of Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. Rothschild & Co Redburn raised their target price on shares of Lam Research from $115.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Wells Fargo & Company set a $98.00 target price on shares of Lam Research and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Twenty-two investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $117.72.

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.