Lam Research Corporation $LRCX Stock Holdings Lifted by Fiduciary Financial Group LLC

Fiduciary Financial Group LLC grew its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 3.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,073 shares of the semiconductor company’s stock after buying an additional 150 shares during the quarter. Fiduciary Financial Group LLC’s holdings in Lam Research were worth $394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Central Pacific Bank Trust Division grew its position in Lam Research by 352.9% in the second quarter. Central Pacific Bank Trust Division now owns 14,511 shares of the semiconductor company’s stock worth $1,413,000 after acquiring an additional 11,307 shares in the last quarter. Kera Capital Partners Inc. boosted its holdings in Lam Research by 3.3% in the second quarter. Kera Capital Partners Inc. now owns 22,341 shares of the semiconductor company’s stock worth $2,175,000 after purchasing an additional 720 shares in the last quarter. AG2R LA Mondiale Gestion D Actifs acquired a new position in Lam Research during the first quarter worth $3,488,000. Swedbank AB increased its position in Lam Research by 5.3% during the first quarter. Swedbank AB now owns 3,231,430 shares of the semiconductor company’s stock worth $234,925,000 after buying an additional 162,428 shares during the last quarter. Finally, Guinness Asset Management LTD raised its holdings in Lam Research by 5.3% during the first quarter. Guinness Asset Management LTD now owns 507,622 shares of the semiconductor company’s stock valued at $36,903,000 after buying an additional 25,466 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Price Performance

Shares of Lam Research stock opened at $116.96 on Friday. 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 firm’s 50-day simple moving average is $101.07 and its 200-day simple moving average is $86.72. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $117.50. The firm has a market cap of $148.03 billion, a P/E ratio of 28.12, a price-to-earnings-growth ratio of 1.49 and a beta of 1.76.

Lam Research (NASDAQ:LRCX) last posted 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 return on equity of 58.17% and a net margin of 29.07%.The business had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same quarter last year, the company earned $1.03 EPS. Lam Research’s 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 business 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 dividend of $0.26 per share. The ex-dividend date is Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. Lam Research’s dividend payout ratio (DPR) is currently 22.12%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on LRCX. TD Cowen raised their price objective on Lam Research from $100.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, July 31st. Cantor Fitzgerald boosted their price objective on shares of Lam Research from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, August 21st. Erste Group Bank assumed coverage on shares of Lam Research in a report on Thursday, August 14th. They set a “buy” rating for the company. The Goldman Sachs Group started coverage on shares of Lam Research in a report on Thursday, July 10th. They issued a “buy” rating and a $115.00 target price on the stock. Finally, Raymond James Financial upped their price target on shares of Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. Twenty research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.96.

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.