Encompass More Asset Management Purchases Shares of 9,753 Lam Research Corporation $LRCX

Encompass More Asset Management acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,753 shares of the semiconductor company’s stock, valued at approximately $1,306,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Natural Investments LLC grew its holdings in Lam Research by 2.4% during the third quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company’s stock worth $456,000 after purchasing an additional 79 shares during the period. Ignite Planners LLC lifted 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 buying an additional 100 shares during the last quarter. Toth Financial Advisory Corp boosted its stake in shares of Lam Research by 10.0% during the 3rd quarter. Toth Financial Advisory Corp now owns 1,100 shares of the semiconductor company’s stock worth $147,000 after acquiring an additional 100 shares during the period. Bahl & Gaynor Inc. increased its holdings in shares of Lam Research by 1.9% during the 2nd quarter. Bahl & Gaynor Inc. now owns 5,602 shares of the semiconductor company’s stock worth $545,000 after acquiring an additional 102 shares during the last quarter. Finally, Busey Bank raised its stake in Lam Research by 1.1% in the 3rd quarter. Busey Bank now owns 9,775 shares of the semiconductor company’s stock valued at $1,309,000 after acquiring an additional 103 shares during the period. 84.61% of the stock is owned by institutional investors.

Lam Research Trading Up 0.4%

Shares of LRCX stock opened at $178.07 on Monday. The stock has a market cap of $223.66 billion, a P/E ratio of 39.22, a price-to-earnings-growth ratio of 2.06 and a beta of 1.77. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $179.80. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The stock has a 50 day simple moving average of $158.39 and a 200 day simple moving average of $126.45.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The company’s revenue was up 27.7% on a year-over-year basis. During the same quarter last year, the company earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, research analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s payout ratio is 22.91%.

Insider Activity

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the sale, the chief financial officer directly owned 987,237 shares in the company, valued at $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Ava Harter sold 9,010 shares of the firm’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the completion of the transaction, the insider directly owned 56,786 shares in the company, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 102,608 shares of company stock worth $14,916,496. 0.31% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. HSBC set a $127.00 price objective on shares of Lam Research and gave the stock a “hold” rating in a research report on Tuesday, September 30th. Mizuho lifted their target price on shares of Lam Research from $170.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, December 17th. BNP Paribas Exane upped their price target on shares of Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. UBS Group restated a “buy” rating and set a $200.00 price objective (up from $175.00) on shares of Lam Research in a research report on Tuesday, December 23rd. Finally, Zacks Research downgraded Lam Research from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Twenty-six research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $161.21.

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.