11,100 Shares in Lam Research Corporation $LRCX Bought by Archford Capital Strategies LLC

Archford Capital Strategies LLC purchased a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,100 shares of the semiconductor company’s stock, valued at approximately $1,080,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Lam Research by 6.9% during the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after acquiring an additional 8,364,375 shares during the period. Nuveen LLC bought a new position in shares of Lam Research in the first quarter worth approximately $604,344,000. Price T Rowe Associates Inc. MD increased its stake in shares of Lam Research by 99.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company’s stock worth $417,242,000 after purchasing an additional 2,864,863 shares in the last quarter. Boston Partners increased its stake in shares of Lam Research by 9,978.3% in the first quarter. Boston Partners now owns 2,350,362 shares of the semiconductor company’s stock worth $170,787,000 after purchasing an additional 2,327,041 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Lam Research by 8,736.4% during the 1st quarter. GAMMA Investing LLC now owns 2,137,962 shares of the semiconductor company’s stock valued at $155,430,000 after purchasing an additional 2,113,767 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on LRCX. Argus upped their target price on shares of Lam Research from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Summit Insights downgraded Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, July 31st. Erste Group Bank initiated coverage on Lam Research in a research report on Thursday, August 14th. They set a “buy” rating for the company. Oppenheimer boosted their price target on Lam Research from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, The Goldman Sachs Group assumed coverage on Lam Research in a research note on Thursday, July 10th. They issued a “buy” rating and a $115.00 price target for the company. Twenty-one research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $111.35.

Lam Research Stock Performance

NASDAQ:LRCX opened at $128.33 on Monday. The company has a market cap of $161.83 billion, a price-to-earnings ratio of 30.85, a PEG ratio of 1.62 and a beta of 1.76. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $133.57. The stock’s 50 day simple moving average is $106.28 and its two-hundred day simple moving average is $90.30. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The firm had revenue of $5.17 billion during the quarter, compared to analyst estimates of $4.99 billion. During the same period last year, the firm posted $1.03 earnings per share. Lam Research’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. As a group, equities analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The firm 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 represents a $1.04 annualized dividend and a dividend yield of 0.8%. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio is currently 25.00%.

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.