Blue Trust Inc. Has $2.39 Million Stock Holdings in Lam Research Corporation $LRCX

Blue Trust Inc. increased its position in Lam Research Corporation (NASDAQ:LRCX) by 25.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,507 shares of the semiconductor company’s stock after buying an additional 4,950 shares during the period. Blue Trust Inc.’s holdings in Lam Research were worth $2,385,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in LRCX. Brighton Jones LLC grew its stake in shares of 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 buying an additional 12,936 shares during the period. Pallas Capital Advisors LLC acquired a new stake in shares of Lam Research in the 1st quarter valued at about $504,000. GAMMA Investing LLC boosted its stake in Lam Research by 21.5% during the 1st quarter. GAMMA Investing LLC now owns 29,408 shares of the semiconductor company’s stock valued at $2,138,000 after purchasing an additional 5,213 shares during the last quarter. Integrated Advisors Network LLC boosted its stake in Lam Research by 46.2% during the 1st quarter. Integrated Advisors Network LLC now owns 17,449 shares of the semiconductor company’s stock valued at $1,269,000 after purchasing an additional 5,517 shares during the last quarter. Finally, Zhang Financial LLC boosted its stake in Lam Research by 27.4% during the 1st quarter. Zhang Financial LLC now owns 4,737 shares of the semiconductor company’s stock valued at $344,000 after purchasing an additional 1,020 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $131.37 on Friday. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $153.70. The stock’s 50 day moving average price is $114.80 and its 200-day moving average price is $94.46. The company has a market capitalization of $165.66 billion, a PE ratio of 31.58, a PEG ratio of 1.72 and a beta of 1.84. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38.

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

Lam Research Increases Dividend

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

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Oppenheimer lifted their price target on Lam Research from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Argus lifted their price target on Lam Research from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Mizuho lifted their price target on Lam Research from $120.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, September 12th. The Goldman Sachs Group lifted their price target on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Summit Insights downgraded Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. Twenty-three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Lam Research presently has an average rating of “Moderate Buy” and a consensus target price of $121.00.

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.