315 Shares in Lam Research Corporation $LRCX Bought by REAP Financial Group LLC

REAP Financial Group LLC acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 315 shares of the semiconductor company’s stock, valued at approximately $31,000.

Other institutional investors have also made changes to their positions in the company. BankPlus Wealth Management LLC grew its position in Lam Research by 2.0% during the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock worth $511,000 after buying an additional 105 shares in the last quarter. ORG Partners LLC grew its position in Lam Research by 7.3% during the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock worth $162,000 after buying an additional 114 shares in the last quarter. Fairvoy Private Wealth LLC grew its position in Lam Research by 3.0% during the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock worth $407,000 after buying an additional 120 shares in the last quarter. Abundance Wealth Counselors grew its position in Lam Research by 1.1% during the second quarter. Abundance Wealth Counselors now owns 11,537 shares of the semiconductor company’s stock worth $1,123,000 after buying an additional 124 shares in the last quarter. Finally, First Pacific Financial grew its position in Lam Research by 7.7% during the second quarter. First Pacific Financial now owns 1,766 shares of the semiconductor company’s stock worth $172,000 after buying an additional 126 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LRCX. The Goldman Sachs Group increased their price target on Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday. Needham & Company LLC raised their target price on Lam Research from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, July 31st. UBS Group raised their target price on Lam Research from $95.00 to $120.00 and gave the company a “buy” rating in a report on Monday, July 21st. Deutsche Bank Aktiengesellschaft raised Lam Research from a “hold” rating to a “buy” rating and raised their target price for the company from $100.00 to $150.00 in a report on Monday, September 29th. Finally, HSBC set a $127.00 target price on Lam Research and gave the company a “hold” rating in a report on Tuesday, September 30th. Twenty-three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $121.00.

Lam Research Stock Up 1.6%

Shares of LRCX opened at $142.54 on Thursday. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $153.70. The stock has a market capitalization of $179.75 billion, a price-to-earnings ratio of 34.26, a PEG ratio of 1.71 and a beta of 1.84. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The stock has a fifty day moving average of $113.18 and a 200-day moving average of $93.66.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.12. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The company had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $4.99 billion. Lam Research’s revenue was up 33.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, 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 business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This represents a $1.04 annualized dividend and a yield of 0.7%. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio is 25.00%.

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.