International Assets Investment Management LLC Sells 1,472 Shares of Lam Research Corporation $LRCX

International Assets Investment Management LLC decreased its position in Lam Research Corporation (NASDAQ:LRCX) by 13.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,308 shares of the semiconductor company’s stock after selling 1,472 shares during the quarter. International Assets Investment Management LLC’s holdings in Lam Research were worth $906,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. BankPlus Wealth Management LLC raised its holdings in Lam Research by 2.0% in the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock worth $511,000 after purchasing an additional 105 shares in the last quarter. ORG Partners LLC raised its holdings in Lam Research by 7.3% in the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock worth $162,000 after purchasing an additional 114 shares in the last quarter. Quotient Wealth Partners LLC raised its holdings in Lam Research by 2.1% in the second quarter. Quotient Wealth Partners LLC now owns 5,437 shares of the semiconductor company’s stock worth $529,000 after purchasing an additional 114 shares in the last quarter. Fairvoy Private Wealth LLC raised its holdings in Lam Research by 3.0% in the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock worth $407,000 after purchasing an additional 120 shares in the last quarter. Finally, Rosenberg Matthew Hamilton raised its holdings in Lam Research by 16.0% in the second quarter. Rosenberg Matthew Hamilton now owns 869 shares of the semiconductor company’s stock worth $85,000 after purchasing an additional 120 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Insider Transactions at Lam Research

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $138.90, for a total value of $7,249,191.00. Following the transaction, the senior vice president directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.31% of the company’s stock.

Lam Research Trading Up 1.8%

Shares of NASDAQ:LRCX opened at $144.05 on Tuesday. The stock has a market capitalization of $181.65 billion, a price-to-earnings ratio of 34.63, a PEG ratio of 1.72 and a beta of 1.84. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The stock’s 50-day simple moving average is $119.90 and its two-hundred day simple moving average is $97.75. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $153.70.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) 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% 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. Analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were given a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a yield of 0.7%. Lam Research’s payout ratio is 25.00%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on LRCX shares. Stifel Nicolaus set a $135.00 target price on Lam Research and gave the stock a “buy” rating in a research note on Monday, October 13th. The Goldman Sachs Group increased their target price on Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Rothschild & Co Redburn increased their target price on Lam Research from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. TD Cowen increased their target price on Lam Research from $125.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. Finally, Oppenheimer increased their target price on Lam Research from $110.00 to $120.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Twenty-three analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $128.04.

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.