Investment Research Partners LLC Takes Position in Lam Research Corporation $LRCX

Investment Research Partners LLC purchased a new position in shares of Lam Research Corporation (NASDAQ:LRCX) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 7,804 shares of the semiconductor company’s stock, valued at approximately $1,045,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Stance Capital LLC acquired a new stake in Lam Research in the third quarter valued at approximately $26,000. Triumph Capital Management acquired a new position in shares of Lam Research during the third quarter worth $27,000. Howard Hughes Medical Institute purchased a new position in shares of Lam Research in the second quarter valued at $27,000. Sound Income Strategies LLC acquired a new stake in Lam Research during the 3rd quarter valued at $41,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Lam Research during the 3rd quarter valued at $40,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Stifel Nicolaus boosted their price objective on shares of Lam Research from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Citic Securities raised their target price on Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Barclays lifted their target price on Lam Research from $250.00 to $255.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 10th. Wells Fargo & Company boosted their price target on Lam Research from $250.00 to $290.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Finally, Bank of America raised their price objective on Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.35.

Insider Transactions at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the transaction, the director directly owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ava Harter sold 4,000 shares of Lam Research stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total transaction of $930,000.00. Following the completion of the transaction, the insider directly owned 54,705 shares of the company’s stock, valued at approximately $12,718,912.50. This represents a 6.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Price Performance

LRCX opened at $224.71 on Thursday. The company has a market capitalization of $280.61 billion, a P/E ratio of 46.05, a PEG ratio of 2.44 and a beta of 1.77. The company has a 50-day moving average of $226.06 and a 200-day moving average of $175.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $256.68.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.17 by $0.10. The business had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The company’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is currently 21.31%.

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.