Stratos Wealth Partners LTD. Grows Stock Position in Lam Research Corporation $LRCX

Stratos Wealth Partners LTD. raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 0.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 101,251 shares of the semiconductor company’s stock after buying an additional 208 shares during the period. Stratos Wealth Partners LTD.’s holdings in Lam Research were worth $9,856,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. REAP Financial Group LLC acquired a new stake in shares of Lam Research during the 2nd quarter valued at about $31,000. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Lam Research during the 1st quarter valued at about $26,000. Hilltop National Bank acquired a new stake in shares of Lam Research during the 2nd quarter valued at about $38,000. Bruce G. Allen Investments LLC grew its position in shares of Lam Research by 207.3% during the 2nd quarter. Bruce G. Allen Investments LLC now owns 421 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 284 shares during the period. Finally, 1 North Wealth Services LLC acquired a new stake in shares of Lam Research during the 1st quarter valued at about $36,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Lam Research from a “hold” rating to a “buy” rating and raised their target price for the company from $100.00 to $150.00 in a research report on Monday, September 29th. Wells Fargo & Company raised their target price on Lam Research from $98.00 to $135.00 and gave the company an “equal weight” rating in a research report on Thursday, October 2nd. The Goldman Sachs Group raised their target price on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Lam Research in a report on Wednesday, October 8th. Finally, Morgan Stanley set a $125.00 price objective on Lam Research and gave the stock an “equal weight” rating in a report on Monday, September 22nd. Twenty-three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $125.08.

Insider Buying and Selling at Lam Research

In other news, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the transaction, the senior vice president directly owned 251,047 shares in the company, valued at $34,870,428.30. The trade was a 17.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Trading Down 0.6%

LRCX stock opened at $141.51 on Friday. 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 $153.70. The stock has a market cap of $178.45 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 1.73 and a beta of 1.84. The business’s 50-day moving average is $119.06 and its 200 day moving average is $96.78.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.12. The business had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The business’s revenue for the quarter was up 33.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, sell-side analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th were issued a dividend of $0.26 per share. The ex-dividend date was Wednesday, September 24th. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s payout ratio is presently 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.