Advisory Services Network LLC Grows Stock Holdings in Lam Research Corporation $LRCX

Advisory Services Network LLC grew its holdings in Lam Research Corporation (NASDAQ:LRCX) by 11.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 162,346 shares of the semiconductor company’s stock after acquiring an additional 16,494 shares during the period. Advisory Services Network LLC’s holdings in Lam Research were worth $15,397,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. IMG Wealth Management Inc. purchased a new stake in shares of Lam Research in the second quarter worth about $26,000. Howard Hughes Medical Institute purchased a new position in Lam Research in the 2nd quarter worth approximately $27,000. Strategic Wealth Investment Group LLC acquired a new stake in Lam Research in the second quarter valued at approximately $29,000. Delos Wealth Advisors LLC acquired a new stake in Lam Research in the second quarter valued at approximately $30,000. Finally, REAP Financial Group LLC purchased a new stake in shares of Lam Research during the second quarter valued at approximately $31,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on LRCX shares. Stifel Nicolaus set a $160.00 price target on shares of Lam Research and gave the company a “buy” rating in a report on Thursday, October 23rd. New Street Research raised their target price on Lam Research from $105.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. TD Cowen boosted their price target on Lam Research from $145.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Oppenheimer set a $200.00 price objective on Lam Research and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Finally, BNP Paribas Exane upped their target price on Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Twenty-six investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $152.87.

Lam Research Stock Down 4.9%

Lam Research stock opened at $160.52 on Friday. The firm has a market capitalization of $201.62 billion, a P/E ratio of 35.36, a P/E/G ratio of 1.65 and a beta of 1.77. The company has a 50-day simple moving average of $152.53 and a 200-day simple moving average of $120.24. Lam Research Corporation has a one year low of $56.32 and a one year high of $169.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $5.23 billion. During the same period in the previous year, the business posted $0.86 EPS. Lam Research’s revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.6%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Insiders Place Their Bets

In other news, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at $148,677,892.20. The trade was a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 102,608 shares of company stock valued at $14,916,496 in the last quarter. 0.31% of the stock is owned by insiders.

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.