Samalin Investment Counsel LLC Makes New Investment in Lam Research Corporation $LRCX

Samalin Investment Counsel LLC acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,151 shares of the semiconductor company’s stock, valued at approximately $209,000.

A number of other institutional investors have also made changes to their positions in LRCX. Brighton Jones LLC lifted its stake in shares of Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares during the last quarter. Alps Advisors Inc. grew its stake in Lam Research by 294.2% in the 1st quarter. Alps Advisors Inc. now owns 17,537 shares of the semiconductor company’s stock valued at $1,275,000 after buying an additional 13,088 shares during the last quarter. Mutual of America Capital Management LLC bought a new position in Lam Research in the 1st quarter worth $13,345,000. Stephens Inc. AR lifted its position in Lam Research by 55.0% during the 1st quarter. Stephens Inc. AR now owns 9,603 shares of the semiconductor company’s stock worth $698,000 after acquiring an additional 3,409 shares during the last quarter. Finally, Westmount Partners LLC bought a new stake in Lam Research during the first quarter valued at about $225,000. 84.61% of the stock is owned by institutional investors.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $166.37 on Tuesday. The firm has a market capitalization of $208.97 billion, a PE ratio of 36.65, a PEG ratio of 1.68 and a beta of 1.87. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $167.15. The business’s 50 day moving average is $136.27 and its 200-day moving average is $107.57.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $5.23 billion. During the same period in the prior year, the company posted $0.86 earnings per share. Lam Research’s 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. Sell-side analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s payout ratio is 22.91%.

Analysts Set New Price Targets

A number of research firms have recently commented on LRCX. Needham & Company LLC lifted their price objective on Lam Research from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. UBS Group set a $165.00 price target on Lam Research and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Hsbc Global Res upgraded Lam Research to a “hold” rating in a report on Tuesday, September 30th. JPMorgan Chase & Co. increased their price objective on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Finally, Cowen reaffirmed a “buy” rating on shares of Lam Research in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $148.54.

Insider Activity at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $138.90, for a total value of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares of the company’s stock, valued at $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This represents a 44.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 62,528 shares of company stock valued at $8,880,448 over the last quarter. 0.31% of the stock is owned by company insiders.

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.