Stiles Financial Services Inc Increases Stake in Lam Research Corporation $LRCX

Stiles Financial Services Inc increased its position in Lam Research Corporation (NASDAQ:LRCX) by 4.9% in the second quarter, Holdings Channel.com reports. The fund owned 52,122 shares of the semiconductor company’s stock after acquiring an additional 2,456 shares during the quarter. Lam Research makes up about 1.8% of Stiles Financial Services Inc’s holdings, making the stock its 7th biggest holding. Stiles Financial Services Inc’s holdings in Lam Research were worth $5,074,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. KRS Capital Management LLC bought a new stake in Lam Research during the 2nd quarter worth approximately $1,411,000. Horizon Bancorp Inc. IN bought a new position in shares of Lam Research in the second quarter worth $389,000. Callan Family Office LLC raised its position in shares of Lam Research by 121.5% in the second quarter. Callan Family Office LLC now owns 26,169 shares of the semiconductor company’s stock worth $2,547,000 after buying an additional 14,354 shares in the last quarter. TFR Capital LLC. bought a new stake in Lam Research during the second quarter valued at $203,000. Finally, Mainstay Capital Management LLC ADV grew its position in Lam Research by 107.2% during the second quarter. Mainstay Capital Management LLC ADV now owns 59,216 shares of the semiconductor company’s stock worth $5,764,000 after buying an additional 30,632 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Price Performance

Shares of Lam Research stock opened at $141.00 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $153.70. The company has a fifty day moving average of $114.10 and a 200-day moving average of $94.09. The stock has a market capitalization of $177.81 billion, a price-to-earnings ratio of 33.89, a price-to-earnings-growth ratio of 1.74 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The business had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same period in the previous year, the firm posted $1.03 earnings per share. The firm’s revenue for the quarter was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Equities research analysts expect 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 given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio is 25.00%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on LRCX shares. Raymond James Financial lifted their price target on Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. KeyCorp raised their target price on shares of Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research note on Tuesday, July 15th. Wall Street Zen raised shares of Lam Research from a “hold” rating to a “buy” rating in a research note on Saturday, October 4th. Mizuho increased their price target on shares of Lam Research from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. Finally, Erste Group Bank initiated coverage on shares of Lam Research in a report on Thursday, August 14th. They set a “buy” rating for the company. Twenty-three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and an average price target of $121.00.

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.