Baldwin Wealth Partners LLC MA Has $248,000 Stake in Lam Research Corporation $LRCX

Baldwin Wealth Partners LLC MA trimmed its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 18.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,551 shares of the semiconductor company’s stock after selling 578 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in Lam Research were worth $248,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. REAP Financial Group LLC bought a new position in Lam Research during the second quarter worth $31,000. Smallwood Wealth Investment Management LLC bought a new position in Lam Research during the first quarter worth $26,000. Hilltop National Bank bought a new position in Lam Research during the second quarter worth $38,000. Bruce G. Allen Investments LLC boosted its position in Lam Research by 207.3% during the second quarter. Bruce G. Allen Investments LLC now owns 421 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 284 shares during the period. Finally, 1 North Wealth Services LLC bought a new position in Lam Research during the first quarter worth $36,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LRCX has been the subject of a number of research analyst reports. Barclays set a $83.00 price objective on shares of Lam Research and gave the stock an “equal weight” rating in a research report on Monday, July 28th. The Goldman Sachs Group lifted their price objective on shares of Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday. Wall Street Zen raised shares of Lam Research from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. Argus lifted their price objective on shares of Lam Research from $105.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, KeyCorp boosted their target price on shares of Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Tuesday, July 15th. Twenty-three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus price target of $121.00.

Lam Research Price Performance

Lam Research stock opened at $131.37 on Friday. The stock’s fifty day moving average price is $114.80 and its two-hundred day moving average price is $94.46. Lam Research Corporation has a one year low of $56.32 and a one year high of $153.70. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. The firm has a market cap of $165.66 billion, a PE ratio of 31.58, a price-to-earnings-growth ratio of 1.72 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $4.99 billion. During the same period in the prior year, the firm posted $1.03 EPS. Lam Research’s quarterly revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, research analysts expect 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 will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Wednesday, September 24th. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio is presently 25.00%.

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.