Lam Research Corporation $LRCX Shares Bought by Savvy Advisors Inc.

Savvy Advisors Inc. raised its position in Lam Research Corporation (NASDAQ:LRCX) by 95.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,644 shares of the semiconductor company’s stock after acquiring an additional 3,252 shares during the quarter. Savvy Advisors Inc.’s holdings in Lam Research were worth $647,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of LRCX. Brighton Jones LLC grew its position in Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in Lam Research by 18.5% in the first quarter. Golden State Wealth Management LLC now owns 2,249 shares of the semiconductor company’s stock valued at $164,000 after purchasing an additional 351 shares during the period. DAVENPORT & Co LLC boosted its holdings in Lam Research by 34.1% in the first quarter. DAVENPORT & Co LLC now owns 31,043 shares of the semiconductor company’s stock valued at $2,257,000 after purchasing an additional 7,891 shares during the period. Rossby Financial LCC purchased a new position in Lam Research in the first quarter valued at $37,000. Finally, Keybank National Association OH boosted its holdings in Lam Research by 8.2% in the first quarter. Keybank National Association OH now owns 39,818 shares of the semiconductor company’s stock valued at $2,895,000 after purchasing an additional 3,004 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Stock Down 2.2%

Lam Research stock opened at $157.46 on Friday. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $165.22. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The company has a market capitalization of $197.77 billion, a P/E ratio of 34.68, a PEG ratio of 1.68 and a beta of 1.84. The stock has a 50-day simple moving average of $129.13 and a 200-day simple moving average of $102.98.

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

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Wednesday, September 24th. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is presently 22.91%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. lifted their target price on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Hsbc Global Res upgraded Lam Research to a “hold” rating in a report on Tuesday, September 30th. Berenberg Bank lifted their target price on Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Lam Research in a report on Wednesday, October 8th. Finally, Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a report on Monday, October 20th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $148.54.

Insider Activity

In other news, SVP Vahid Vahedi sold 52,190 shares of the business’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 completion of the sale, the senior vice president directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. The trade was a 17.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction that occurred on 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 sale, the insider directly owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.31% of the stock is currently owned by insiders.

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.