Wealthcare Advisory Partners LLC Increases Position in Lam Research Corporation $LRCX

Wealthcare Advisory Partners LLC lifted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 0.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 54,775 shares of the semiconductor company’s stock after buying an additional 123 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Lam Research were worth $5,332,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC purchased a new stake in Lam Research in the 1st quarter valued at about $26,000. 1 North Wealth Services LLC bought a new stake in shares of Lam Research during the first quarter valued at approximately $36,000. Rossby Financial LCC purchased a new stake in shares of Lam Research in the first quarter valued at approximately $37,000. Saudi Central Bank bought a new position in Lam Research in the first quarter worth approximately $37,000. Finally, Hilltop National Bank purchased a new position in Lam Research during the 2nd quarter worth $38,000. 84.61% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Oppenheimer upped their target price on Lam Research from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. UBS Group increased their target price on shares of Lam Research from $95.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Mizuho boosted their price target on shares of Lam Research from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, September 12th. TD Cowen upped their price target on shares of Lam Research from $100.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, Raymond James Financial lifted their price objective 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-three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $119.20.

Lam Research Stock Performance

LRCX opened at $145.81 on Monday. The firm has a 50 day moving average of $110.47 and a two-hundred day moving average of $92.48. The firm has a market capitalization of $183.87 billion, a PE ratio of 35.05, a P/E/G ratio of 1.78 and a beta of 1.84. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $147.91.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data 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. The firm had revenue of $5.17 billion for the quarter, compared to analyst estimates of $4.99 billion. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The business’s quarterly revenue was up 33.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current 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 paid a $0.26 dividend. 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 0.7%. Lam Research’s dividend payout ratio (DPR) is currently 25.00%.

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.