West Family Investments Inc. Grows Stock Position in Lam Research Corporation $LRCX

West Family Investments Inc. raised its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 63.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,791 shares of the semiconductor company’s stock after acquiring an additional 3,421 shares during the quarter. West Family Investments Inc.’s holdings in Lam Research were worth $856,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of LRCX. IMG Wealth Management Inc. purchased a new stake in Lam Research in the 2nd quarter valued at approximately $26,000. REAP Financial Group LLC acquired a new position in shares of Lam Research in the second quarter worth $31,000. Bank of Jackson Hole Trust lifted its position in shares of Lam Research by 111.1% in the second quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 200 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Lam Research during the second quarter valued at $38,000. Finally, Hilltop National Bank purchased a new stake in Lam Research during the 2nd quarter worth about $38,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on LRCX shares. Dbs Bank raised their price target on shares of Lam Research from $119.40 to $184.20 in a research note on Monday, October 27th. Argus upped their price objective on shares of Lam Research from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Stifel Nicolaus set a $160.00 target price on shares of Lam Research and gave the stock a “buy” rating in a research note on Thursday, October 23rd. UBS Group reissued a “buy” rating and set a $175.00 price target (up previously from $165.00) on shares of Lam Research in a research note on Tuesday. Finally, Erste Group Bank assumed coverage on Lam Research in a research note on Thursday, August 14th. They issued a “buy” rating for the company. Twenty-six analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $152.17.

Insider Buying and Selling

In other Lam Research 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 transaction of $1,418,804.70. Following the transaction, the insider owned 56,786 shares in the company, valued at $8,942,091.42. The trade was a 13.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the sale, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at $148,677,892.20. The trade was a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 102,608 shares of company stock valued at $14,916,496. 0.31% of the stock is owned by company insiders.

Lam Research Price Performance

LRCX stock opened at $154.95 on Friday. The stock has a 50-day moving average price of $147.23 and a two-hundred day moving average price of $114.58. The company has a market cap of $194.62 billion, a PE ratio of 34.13, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $167.15.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same quarter in the previous year, the business earned $0.86 EPS. The company’s revenue for the quarter 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, research analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be given a dividend of $0.26 per share. 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%.

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.