Kingswood Wealth Advisors LLC Decreases Stake in Lam Research Corporation $LRCX

Kingswood Wealth Advisors LLC reduced its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 38.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,196 shares of the semiconductor company’s stock after selling 2,583 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Lam Research were worth $408,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC bought a new position in shares of Lam Research during the 1st quarter valued at approximately $26,000. 1 North Wealth Services LLC bought a new position in shares of Lam Research during the 1st quarter valued at approximately $36,000. Rossby Financial LCC bought a new position in shares of Lam Research during the 1st quarter valued at approximately $37,000. Saudi Central Bank bought a new position in shares of Lam Research during the 1st quarter valued at approximately $37,000. Finally, Hilltop National Bank bought a new position in shares of Lam Research during the 2nd quarter valued at approximately $38,000. 84.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Summit Insights downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, July 31st. Hsbc Global Res raised shares of Lam Research to a “hold” rating in a report on Tuesday, September 30th. Stifel Nicolaus raised their price objective on shares of Lam Research from $92.00 to $110.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. HSBC set a $127.00 price objective on shares of Lam Research and gave the stock a “hold” rating in a report on Tuesday, September 30th. Finally, Raymond James Financial raised their price target on shares of Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a report 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. According to MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus target price of $121.00.

Lam Research Stock Performance

Lam Research stock opened at $131.37 on Friday. The firm’s fifty day moving average price is $114.80 and its 200-day moving average price is $94.46. 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 has a market cap of $165.66 billion, a P/E ratio of 31.58, a price-to-earnings-growth ratio of 1.72 and a beta of 1.84. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $153.70.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.12. The firm had revenue of $5.17 billion for the quarter, compared to analysts’ expectations of $4.99 billion. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The business’s quarterly revenue was up 33.6% on a year-over-year basis. During the same quarter last year, the company posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Wednesday, September 24th. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio is 25.00%.

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.