Lam Research Corporation $LRCX Stake Increased by Franklin Resources Inc.

Franklin Resources Inc. raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 1.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,359,361 shares of the semiconductor company’s stock after acquiring an additional 66,220 shares during the quarter. Franklin Resources Inc. owned approximately 0.50% of Lam Research worth $619,019,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in LRCX. BankPlus Wealth Management LLC raised its stake in shares of Lam Research by 2.0% in the 2nd quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock valued at $511,000 after purchasing an additional 105 shares in the last quarter. ORG Partners LLC increased its holdings in Lam Research by 7.3% in the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock valued at $162,000 after buying an additional 114 shares during the last quarter. Quotient Wealth Partners LLC raised its stake in Lam Research by 2.1% during the second quarter. Quotient Wealth Partners LLC now owns 5,437 shares of the semiconductor company’s stock valued at $529,000 after buying an additional 114 shares in the last quarter. Fairvoy Private Wealth LLC lifted its holdings in Lam Research by 3.0% during the 2nd 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 during the last quarter. Finally, Rosenberg Matthew Hamilton grew its position in shares of Lam Research by 16.0% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 869 shares of the semiconductor company’s stock worth $85,000 after acquiring an additional 120 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on LRCX shares. Zacks Research raised Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. UBS Group set a $165.00 target price on shares of Lam Research and gave the company a “buy” rating in a research note on Thursday, October 23rd. Susquehanna raised their price target 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. Stifel Nicolaus set a $160.00 price target on shares of Lam Research and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Evercore ISI increased their price objective on shares of Lam Research from $115.00 to $170.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. One research 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. According to MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $149.04.

Lam Research Stock Up 2.2%

Lam Research stock 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. Lam Research Corporation has a one year low of $56.32 and a one year high of $167.15. The company has a 50-day simple moving average of $144.17 and a 200-day simple moving average of $111.89. The firm has a market capitalization of $179.17 billion, a P/E ratio of 31.42, a P/E/G ratio of 1.68 and a beta of 1.87.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The firm had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same period in the previous year, the business posted $0.86 EPS. Lam Research’s revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current 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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s dividend payout ratio is 22.91%.

Insiders Place Their Bets

In other news, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the sale, the chief financial officer owned 987,237 shares in the company, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 102,608 shares of company stock valued at $14,916,496 in the last quarter. 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.