Watershed Private Wealth LLC Has $568,000 Holdings in Lam Research Corporation $LRCX

Watershed Private Wealth LLC lowered its position in Lam Research Corporation (NASDAQ:LRCX) by 5.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,840 shares of the semiconductor company’s stock after selling 320 shares during the period. Watershed Private Wealth LLC’s holdings in Lam Research were worth $568,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares during the last quarter. UMB Bank n.a. acquired a new position in Lam Research during the first quarter worth $357,000. Park Avenue Securities LLC increased its position in Lam Research by 5.8% during the first quarter. Park Avenue Securities LLC now owns 56,015 shares of the semiconductor company’s stock worth $4,072,000 after buying an additional 3,085 shares during the last quarter. Moss Adams Wealth Advisors LLC increased its position in Lam Research by 83.7% during the first quarter. Moss Adams Wealth Advisors LLC now owns 5,368 shares of the semiconductor company’s stock worth $391,000 after buying an additional 2,446 shares during the last quarter. Finally, Portside Wealth Group LLC acquired a new position in shares of Lam Research during the 1st quarter valued at about $285,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Down 5.9%

LRCX stock opened at $140.35 on Wednesday. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $153.70. The company has a market cap of $176.99 billion, a PE ratio of 33.74, a price-to-earnings-growth ratio of 1.82 and a beta of 1.84. The business’s 50-day simple moving average is $112.31 and its 200 day simple moving average is $93.32. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $4.99 billion. During the same period last year, the business earned $1.03 earnings per share. The firm’s revenue for the quarter was up 33.6% compared to the same quarter last year. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th will be paid a dividend of $0.26 per share. This is an increase from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, September 24th. Lam Research’s dividend payout ratio is presently 25.00%.

Analysts Set New Price Targets

LRCX has been the topic of a number of analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Lam Research in a report on Saturday, September 27th. Raymond James Financial raised their target price on shares of Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Citigroup raised their target price on shares of Lam Research from $113.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, September 8th. Summit Insights lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. Finally, Rothschild & Co Redburn lifted their price objective on Lam Research from $115.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Twenty-three equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.20.

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.