Lam Research Corporation $LRCX Shares Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC grew its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 5.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,395 shares of the semiconductor company’s stock after acquiring an additional 863 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Lam Research were worth $1,495,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DeDora Capital Inc. increased its stake in Lam Research by 2.5% during the second quarter. DeDora Capital Inc. now owns 5,742 shares of the semiconductor company’s stock worth $559,000 after acquiring an additional 138 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Lam Research during the second quarter worth about $59,025,000. Quotient Wealth Partners LLC increased its stake in Lam Research by 2.1% during the second quarter. Quotient Wealth Partners LLC now owns 5,437 shares of the semiconductor company’s stock worth $529,000 after acquiring an additional 114 shares during the last quarter. Foster & Motley Inc. increased its stake in Lam Research by 112.8% during the second quarter. Foster & Motley Inc. now owns 29,917 shares of the semiconductor company’s stock worth $2,912,000 after acquiring an additional 15,859 shares during the last quarter. Finally, Huntleigh Advisors Inc. grew its stake in shares of Lam Research by 14.0% in the second quarter. Huntleigh Advisors Inc. now owns 11,400 shares of the semiconductor company’s stock valued at $1,110,000 after buying an additional 1,400 shares in 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 $144.05 on Tuesday. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $153.70. The business has a 50 day moving average price of $119.90 and a two-hundred day moving average price of $97.75. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38. The firm has a market cap of $181.65 billion, a PE ratio of 34.63, a price-to-earnings-growth ratio of 1.72 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $4.99 billion. During the same quarter last year, the firm earned $1.03 EPS. Lam Research’s quarterly revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Sell-side 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 announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is 25.00%.

Insider Buying and Selling

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the transaction, the senior vice president owned 251,047 shares of the company’s stock, valued at $34,870,428.30. This trade represents a 17.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.31% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

LRCX has been the subject of a number of recent research reports. KeyCorp increased their target price on Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. Citigroup increased their target price on Lam Research from $113.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, September 8th. Deutsche Bank Aktiengesellschaft upgraded Lam Research from a “hold” rating to a “buy” rating and increased their target price for the company from $100.00 to $150.00 in a research note on Monday, September 29th. Mizuho set a $162.00 target price on Lam Research and gave the company an “outperform” rating in a research note on Thursday. Finally, Rothschild & Co Redburn increased their target price on Lam Research from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, October 14th. Twenty-three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $128.04.

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.