Consilium Wealth Advisory LLC Acquires 3,918 Shares of Lam Research Corporation $LRCX

Consilium Wealth Advisory LLC raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 110.7% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 7,458 shares of the semiconductor company’s stock after purchasing an additional 3,918 shares during the period. Consilium Wealth Advisory LLC’s holdings in Lam Research were worth $1,593,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Centennial Wealth Advisory LLC raised its stake in shares of Lam Research by 52.4% in the first quarter. Centennial Wealth Advisory LLC now owns 2,775 shares of the semiconductor company’s stock worth $593,000 after purchasing an additional 954 shares during the last quarter. Keudell Morrison Wealth Management boosted its position in shares of Lam Research by 0.9% during the first quarter. Keudell Morrison Wealth Management now owns 20,933 shares of the semiconductor company’s stock valued at $4,473,000 after buying an additional 180 shares during the last quarter. Weaver Capital Management LLC boosted its position in shares of Lam Research by 13.6% during the first quarter. Weaver Capital Management LLC now owns 4,735 shares of the semiconductor company’s stock valued at $1,012,000 after buying an additional 566 shares during the last quarter. Nautilus Advisors LLC bought a new stake in Lam Research during the first quarter worth $217,000. Finally, EdgeRock Capital LLC grew its holdings in Lam Research by 9.6% during the first quarter. EdgeRock Capital LLC now owns 1,349 shares of the semiconductor company’s stock worth $288,000 after buying an additional 118 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Stock Down 9.3%

Shares of NASDAQ:LRCX opened at $371.33 on Wednesday. The company has a market capitalization of $464.37 billion, a PE ratio of 70.06, a price-to-earnings-growth ratio of 3.37 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The business has a fifty day moving average price of $306.92 and a two-hundred day moving average price of $245.44. Lam Research Corporation has a 1 year low of $90.93 and a 1 year high of $409.75.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Analysts forecast that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 annualized dividend and a yield of 0.3%. Lam Research’s payout ratio is currently 19.62%.

Key Headlines Impacting Lam Research

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Bank of America raised its price target on Lam Research from $330 to $480 and reiterated a buy rating, reinforcing Wall Street’s bullish view on the company’s AI- and memory-driven growth outlook. Read More
• Positive Sentiment: Other recent analyst updates also stayed constructive, including Citi’s $450 target and earlier target hikes from Wells Fargo, Cantor Fitzgerald, UBS, and others, suggesting continued confidence in Lam Research’s demand environment. Article Title
• Neutral Sentiment: Recent commentary highlighted Lam Research’s strong fundamentals, including solid revenue growth and upbeat AI spending trends, but these positives were not enough to offset the day’s sector-wide decline. Article Title
• Negative Sentiment: Lam Research shares were hit by a global chip selloff and profit-taking after a strong run, with investors de-risking from AI and memory-related names across the semiconductor group. Article Title

Insiders Place Their Bets

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the transaction, the senior vice president directly owned 58,470 shares in the company, valued at $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the transaction, the director directly owned 199,205 shares of the company’s stock, valued at $69,881,114. This represents a 21.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 86,339 shares of company stock valued at $27,680,267. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Seaport Research Partners started coverage on Lam Research in a research note on Monday, May 4th. They set a “buy” rating and a $300.00 price objective on the stock. Berenberg Bank upped their target price on shares of Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. TD Cowen increased their target price on shares of Lam Research from $290.00 to $340.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Weiss Ratings lowered shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Finally, Wall Street Zen lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Twenty-eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and an average price target of $334.43.

Lam Research Profile

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.