2,524 Shares in Lam Research Corporation $LRCX Purchased by West Bancorporation Inc.

West Bancorporation Inc. acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,524 shares of the semiconductor company’s stock, valued at approximately $246,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. BankPlus Wealth Management LLC raised its stake in Lam Research by 2.0% during the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock worth $511,000 after acquiring an additional 105 shares during the period. ORG Partners LLC raised its stake in Lam Research by 7.3% during the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock worth $162,000 after acquiring an additional 114 shares during the period. Fairvoy Private Wealth LLC raised its stake in Lam Research by 3.0% during the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock worth $407,000 after acquiring an additional 120 shares during the period. Abundance Wealth Counselors increased its stake in shares of Lam Research by 1.1% in the second quarter. Abundance Wealth Counselors now owns 11,537 shares of the semiconductor company’s stock valued at $1,123,000 after purchasing an additional 124 shares during the period. Finally, First Pacific Financial increased its stake in shares of Lam Research by 7.7% in the second quarter. First Pacific Financial now owns 1,766 shares of the semiconductor company’s stock valued at $172,000 after purchasing an additional 126 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. The Goldman Sachs Group raised their price target on shares of Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday. Citigroup raised their price target 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. Barclays set a $83.00 price target on shares of Lam Research and gave the company an “equal weight” rating in a research note on Monday, July 28th. Erste Group Bank assumed coverage on shares of Lam Research in a research note on Thursday, August 14th. They issued a “buy” rating on the stock. Finally, Morgan Stanley set a $125.00 price target on shares of Lam Research and gave the company an “equal weight” rating in a research note on Monday, September 22nd. Twenty-three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus price target of $121.00.

Lam Research Trading Down 6.8%

Lam Research stock opened at $131.37 on Friday. The firm has a 50 day simple moving average of $114.80 and a 200-day simple moving average of $94.46. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. The stock has a market capitalization of $165.66 billion, a PE ratio of 31.58, a price-to-earnings-growth ratio of 1.72 and a beta of 1.84. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $153.70.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.12. The business had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $4.99 billion. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The business’s revenue was up 33.6% on a year-over-year basis. During the same period last year, the firm posted $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, equities research analysts expect that Lam Research Corporation will post 3.71 EPS 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. Investors of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. 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 yield of 0.8%. Lam Research’s payout ratio is 25.00%.

Lam Research Company 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.