Farther Finance Advisors LLC Increases Stake in Lam Research Corporation $LRCX

Farther Finance Advisors LLC grew its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 51.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 30,525 shares of the semiconductor company’s stock after purchasing an additional 10,405 shares during the quarter. Farther Finance Advisors LLC’s holdings in Lam Research were worth $4,087,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Natural Investments LLC grew its stake in Lam Research by 2.4% during the 3rd quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company’s stock valued at $456,000 after acquiring an additional 79 shares in the last quarter. Ignite Planners LLC grew its position in shares of Lam Research by 1.9% in the third quarter. Ignite Planners LLC now owns 5,269 shares of the semiconductor company’s stock valued at $706,000 after purchasing an additional 100 shares in the last quarter. Toth Financial Advisory Corp grew its position in shares of Lam Research by 10.0% in the third quarter. Toth Financial Advisory Corp now owns 1,100 shares of the semiconductor company’s stock valued at $147,000 after purchasing an additional 100 shares in the last quarter. Bahl & Gaynor Inc. increased its holdings in shares of Lam Research by 1.9% in the second quarter. Bahl & Gaynor Inc. now owns 5,602 shares of the semiconductor company’s stock valued at $545,000 after purchasing an additional 102 shares during the last quarter. Finally, Berger Financial Group Inc lifted its position in Lam Research by 4.6% during the third quarter. Berger Financial Group Inc now owns 2,380 shares of the semiconductor company’s stock worth $319,000 after buying an additional 104 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on LRCX shares. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $210.00 target price on shares of Lam Research in a research note on Tuesday, December 16th. Wells Fargo & Company upped their price objective on shares of Lam Research from $135.00 to $145.00 and gave the company an “equal weight” rating in a report on Thursday, October 23rd. Hsbc Global Res raised shares of Lam Research to a “hold” rating in a research note on Tuesday, September 30th. BNP Paribas Exane boosted their target price on shares of Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, October 23rd. Finally, Sanford C. Bernstein increased their price target on shares of Lam Research from $170.00 to $175.00 and gave the company an “outperform” rating in a research note on Friday, November 21st. Twenty-six investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average price target of $161.21.

Lam Research Stock Up 1.2%

Shares of NASDAQ LRCX opened at $177.24 on Thursday. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $156.96 and its two-hundred day moving average is $124.97. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $177.56. The firm has a market cap of $222.62 billion, a price-to-earnings ratio of 39.04, a PEG ratio of 2.02 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the business posted $0.86 earnings per share. The company’s quarterly 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. Research analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The company also recently announced 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. This represents a $1.04 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s payout ratio is currently 22.91%.

Insider Buying and Selling at Lam Research

In related news, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction that occurred 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 transaction, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. The trade was a 13.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the stock in a transaction that occurred 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 sale, the director owned 1,652 shares in the company, valued at approximately $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. 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 over the last three months. 0.31% of the stock is currently owned by company insiders.

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.