RWA Wealth Partners LLC Has $1.07 Million Position in Lam Research Corporation $LRCX

RWA Wealth Partners LLC lessened its holdings in Lam Research Corporation (NASDAQ:LRCX) by 72.0% in the second quarter, Holdings Channel reports. The institutional investor owned 10,990 shares of the semiconductor company’s stock after selling 28,221 shares during the period. RWA Wealth Partners LLC’s holdings in Lam Research were worth $1,070,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in LRCX. IMG Wealth Management Inc. bought a new position in shares of Lam Research during the second quarter valued at $26,000. REAP Financial Group LLC acquired a new stake in Lam Research in the second quarter valued at $31,000. 1 North Wealth Services LLC bought a new position in Lam Research during the 1st quarter worth $36,000. Saudi Central Bank acquired a new position in Lam Research during the 1st quarter worth about $37,000. Finally, Bank of Jackson Hole Trust grew its position in shares of Lam Research by 111.1% in the 2nd 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 last quarter. 84.61% of the stock is owned by institutional investors.

Lam Research Price Performance

Shares of LRCX opened at $159.35 on Monday. The firm has a market cap of $200.15 billion, a PE ratio of 35.10, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $166.92. The business’s 50 day moving average price is $134.94 and its two-hundred day moving average price is $106.90. 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 (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company’s quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, equities analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s payout ratio is 22.91%.

Insider Buying and Selling at Lam Research

In related news, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the sale, the insider directly owned 56,786 shares of the company’s stock, valued at $8,942,091.42. The trade was a 13.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the transaction, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 62,498 shares of company stock valued at $8,875,663. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Summit Insights cut Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Lam Research in a report on Wednesday. Morgan Stanley raised their price target on shares of Lam Research from $125.00 to $137.00 and gave the stock an “equal weight” rating in a report on Thursday, October 23rd. Oppenheimer set a $200.00 price target on shares of Lam Research and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Finally, BNP Paribas Exane upped their price objective on shares of Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $148.54.

About Lam Research

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.