One Charles Private Wealth Services LLC Acquires 13,900 Shares of Lam Research Corporation $LRCX

One Charles Private Wealth Services LLC boosted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 347.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,900 shares of the semiconductor company’s stock after buying an additional 13,900 shares during the period. One Charles Private Wealth Services LLC’s holdings in Lam Research were worth $1,742,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of LRCX. IMG Wealth Management Inc. bought a new position in Lam Research during the second quarter worth $26,000. REAP Financial Group LLC bought a new stake in Lam Research in the 2nd quarter valued at $31,000. Bank of Jackson Hole Trust boosted its holdings in Lam Research by 111.1% in the 2nd quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 200 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new stake in Lam Research in the 2nd quarter worth $38,000. Finally, Hilltop National Bank bought a new position in shares of Lam Research during the 2nd quarter worth about $38,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Trading Up 5.4%

Shares of Lam Research stock opened at $150.38 on Tuesday. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $167.15. The stock has a market capitalization of $188.88 billion, a P/E ratio of 33.12, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. The company has a 50-day simple moving average of $144.80 and a 200 day simple moving average of $112.96. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the prior year, the firm earned $0.86 earnings per share. The company’s quarterly revenue was up 27.7% compared to the same quarter last year. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be given a $0.26 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a yield of 0.7%. Lam Research’s payout ratio is presently 22.91%.

Insiders Place Their Bets

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the sale, the chief financial officer owned 987,237 shares in the company, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ava Harter sold 9,010 shares of the firm’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the sale, the insider owned 56,786 shares of the company’s stock, 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. Insiders sold a total of 102,608 shares of company stock worth $14,916,496 in the last three months. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. The Goldman Sachs Group increased their target price on shares of Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. Mizuho lifted their price objective on Lam Research from $162.00 to $170.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Oppenheimer set a $200.00 target price on Lam Research and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Lam Research from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $151.84.

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.