Rockline Wealth Management LLC Raises Stock Holdings in Lam Research Corporation $LRCX

Rockline Wealth Management LLC boosted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,880 shares of the semiconductor company’s stock after buying an additional 2,868 shares during the quarter. Lam Research makes up about 1.2% of Rockline Wealth Management LLC’s holdings, making the stock its 24th biggest holding. Rockline Wealth Management LLC’s holdings in Lam Research were worth $4,953,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Empowered Funds LLC increased its holdings in shares of Lam Research by 10.5% in the 1st quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock worth $13,629,000 after purchasing an additional 17,833 shares in the last quarter. Cookson Peirce & Co. Inc. purchased a new stake in shares of Lam Research during the first quarter valued at $607,000. China Universal Asset Management Co. Ltd. increased its holdings in Lam Research by 27.1% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 49,505 shares of the semiconductor company’s stock worth $3,607,000 after buying an additional 10,565 shares in the last quarter. Glass Wealth Management Co LLC increased its holdings in Lam Research by 8.5% in the 2nd quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock worth $2,810,000 after buying an additional 2,270 shares in the last quarter. Finally, First Interstate Bank bought a new position in Lam Research during the second quarter valued at approximately $230,000. Institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the stock in a transaction on Monday, October 13th. The shares were 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 in the company, valued at $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the completion of the sale, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. This trade 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 owned by corporate insiders.

Lam Research Stock Up 2.4%

Shares of LRCX opened at $161.24 on Tuesday. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $165.22. The business’s 50 day moving average is $130.33 and its 200 day moving average is $104.18. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $202.52 billion, a PE ratio of 35.52, a price-to-earnings-growth ratio of 1.68 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last announced its quarterly 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 for 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%. Lam Research’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.6%. 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. Lam Research’s dividend payout ratio is presently 22.91%.

Analyst Ratings Changes

A number of analysts have commented on LRCX shares. Wells Fargo & Company upped their target price on shares of Lam Research from $135.00 to $145.00 and gave the company an “equal weight” rating in a report on Thursday, October 23rd. HSBC set a $127.00 price objective on Lam Research and gave the stock a “hold” rating in a research note on Tuesday, September 30th. Wall Street Zen raised Lam Research from a “hold” rating to a “buy” rating in a report on Saturday, October 4th. Summit Insights lowered Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, July 31st. Finally, Argus upped their price target on Lam Research from $105.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. One investment 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, Lam Research has a consensus rating of “Moderate Buy” and an average target price of $148.54.

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.