Zhang Financial LLC Cuts Holdings in Lam Research Corporation $LRCX

Zhang Financial LLC trimmed its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,455 shares of the semiconductor company’s stock after selling 282 shares during the quarter. Zhang Financial LLC’s holdings in Lam Research were worth $434,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. BankPlus Wealth Management LLC increased its holdings 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 valued at $511,000 after buying an additional 105 shares during the period. ORG Partners LLC boosted its stake in Lam Research by 7.3% in the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock valued at $162,000 after acquiring an additional 114 shares in the last quarter. Quotient Wealth Partners LLC boosted its stake 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 valued at $529,000 after acquiring an additional 114 shares in the last quarter. Fairvoy Private Wealth LLC boosted its stake 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 valued at $407,000 after acquiring an additional 120 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its stake in Lam Research by 16.0% in the second quarter. Rosenberg Matthew Hamilton now owns 869 shares of the semiconductor company’s stock valued at $85,000 after acquiring an additional 120 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LRCX has been the subject of several recent analyst reports. Susquehanna raised their target price on shares of Lam Research from $135.00 to $200.00 and gave the company a “positive” rating in a research note on Thursday, October 23rd. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Summit Insights downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. The Goldman Sachs Group raised their target price on shares of Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Finally, B. Riley raised their target price on shares of Lam Research from $160.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $148.83.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the transaction, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction dated 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 completion of the transaction, the senior vice president 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 position. The disclosure for this sale is available in the SEC filing. Insiders own 0.31% of the company’s stock.

Lam Research Trading Down 0.8%

NASDAQ LRCX opened at $155.62 on Wednesday. The company has a market capitalization of $195.46 billion, a PE ratio of 34.28, a P/E/G ratio of 1.64 and a beta of 1.84. The company has a fifty day moving average of $125.50 and a 200 day moving average of $101.30. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $158.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The firm’s quarterly revenue was up 27.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Research analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th were given a dividend of $0.26 per share. This is a boost from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Wednesday, September 24th. Lam Research’s payout ratio is presently 22.91%.

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.