Rothschild Investment LLC Raises Stake in Lam Research Corporation $LRCX

Rothschild Investment LLC grew its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 68.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,189 shares of the semiconductor company’s stock after buying an additional 2,505 shares during the quarter. Rothschild Investment LLC’s holdings in Lam Research were worth $829,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of LRCX. Glenview Trust Co lifted its position in Lam Research by 0.7% in the third quarter. Glenview Trust Co now owns 98,234 shares of the semiconductor company’s stock valued at $13,154,000 after purchasing an additional 667 shares during the last quarter. SMART Wealth LLC purchased a new position in shares of Lam Research in the third quarter worth $1,197,000. Vanguard Group Inc. raised its holdings in Lam Research by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after buying an additional 364,949 shares during the last quarter. WealthBridge Capital Management LLC raised its holdings in Lam Research by 4.1% during the 3rd quarter. WealthBridge Capital Management LLC now owns 3,844 shares of the semiconductor company’s stock valued at $515,000 after buying an additional 153 shares during the last quarter. Finally, Pallas Capital Advisors LLC boosted its position in Lam Research by 1.1% during the 3rd quarter. Pallas Capital Advisors LLC now owns 7,197 shares of the semiconductor company’s stock valued at $964,000 after buying an additional 77 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

LRCX has been the topic of several recent analyst reports. Argus raised their target price on Lam Research from $175.00 to $280.00 in a research note on Tuesday, February 3rd. TD Cowen increased their price objective on Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Berenberg Bank boosted their target price on Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Sanford C. Bernstein upped their target price on Lam Research from $275.00 to $285.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Finally, Citigroup lifted their price target on shares of Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $244.88.

Lam Research Stock Up 0.0%

LRCX opened at $235.58 on Wednesday. The firm’s 50 day simple moving average is $204.61 and its two-hundred day simple moving average is $157.71. The company has a market capitalization of $294.19 billion, a PE ratio of 48.27, a PEG ratio of 2.53 and a beta of 1.78. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $251.87. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 62.81% and a net margin of 30.22%.The business’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period last year, the firm earned $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, equities analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Lam Research’s payout ratio is presently 21.31%.

Insiders Place Their Bets

In related news, Director Eric Brandt sold 35,000 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.31% of the stock is currently owned by 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.