KCM Investment Advisors LLC Reduces Holdings in Lam Research Corporation $LRCX

KCM Investment Advisors LLC lowered its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 14.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,181 shares of the semiconductor company’s stock after selling 1,878 shares during the quarter. KCM Investment Advisors LLC’s holdings in Lam Research were worth $1,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. IMG Wealth Management Inc. purchased a new position in shares of Lam Research during the 2nd quarter worth approximately $26,000. REAP Financial Group LLC bought a new stake in shares of Lam Research during the second quarter valued at approximately $31,000. 1 North Wealth Services LLC purchased a new stake in Lam Research in the first quarter worth $36,000. Saudi Central Bank bought a new position in Lam Research in the first quarter worth $37,000. Finally, Bank of Jackson Hole Trust lifted its position in Lam Research by 111.1% during the second quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 200 shares during the period. 84.61% of the stock is owned by institutional investors.

Lam Research Price Performance

Shares of LRCX opened at $159.35 on Friday. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $166.92. The company has a market capitalization of $200.15 billion, a P/E ratio of 35.10, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. The firm has a 50 day moving average of $134.94 and a 200 day moving average of $106.61. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37.

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

Lam Research Dividend Announcement

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

Insiders Place Their Bets

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction 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 represents a 17.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the sale, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. The trade was a 44.00% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 62,498 shares of company stock valued at $8,875,663. 0.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Susquehanna upped their target price on shares of Lam Research from $135.00 to $200.00 and gave the stock a “positive” rating in a research report on Thursday, October 23rd. BNP Paribas Exane upped their price objective on shares of Lam Research from $80.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Argus raised their target price on shares of Lam Research from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 1st. TD Cowen boosted their price target on Lam Research from $145.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Raymond James Financial upped their price target on Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $148.54.

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.