14,560 Shares in Lam Research Corporation $LRCX Bought by JT Stratford LLC

Key Points

• JT Stratford LLC has purchased 14,560 shares of Lam Research Corporation ($LRCX), valued at approximately $1,059,000, marking a new stake for the institutional investor.
• Analysts have mixed opinions on Lam Research's stock, with a consensus rating of "Moderate Buy" and price targets ranging from $83.00 to $120.00.
• For Q1 2026, Lam Research has projected earnings per share (EPS) guidance between 1.100 and 1.300 EPS, following a recent quarterly performance that surpassed expectations.

JT Stratford LLC acquired a new stake in Lam Research Corporation (NASDAQ:LRCX - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,560 shares of the semiconductor company's stock, valued at approximately $1,059,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LRCX. Smallwood Wealth Investment Management LLC bought a new position in shares of Lam Research during the first quarter worth about $26,000. West Paces Advisors Inc. bought a new stake in Lam Research in the fourth quarter valued at approximately $27,000. Mpwm Advisory Solutions LLC acquired a new stake in Lam Research during the 4th quarter valued at approximately $27,000. Park Square Financial Group LLC bought a new position in Lam Research during the 4th quarter worth approximately $31,000. Finally, Putney Financial Group LLC bought a new position in Lam Research during the 4th quarter worth approximately $36,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Morgan Stanley upped their price objective on shares of Lam Research from $87.00 to $94.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Summit Insights lowered shares of Lam Research from a "buy" rating to a "hold" rating in a report on Thursday, July 31st. Barclays set a $83.00 price target on shares of Lam Research and gave the company an "equal weight" rating in a research report on Monday, July 28th. Mizuho lifted their price objective on Lam Research from $115.00 to $120.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Finally, Wall Street Zen raised Lam Research from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Twenty investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Lam Research presently has a consensus rating of "Moderate Buy" and a consensus price target of $107.09.

Lam Research Trading Up 1.5%

LRCX opened at $100.33 on Wednesday. The company has a fifty day moving average price of $97.90 and a two-hundred day moving average price of $84.22. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $108.02. The company has a market cap of $126.98 billion, a P/E ratio of 24.12, a price-to-earnings-growth ratio of 1.28 and a beta of 1.65. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.21 by $0.12. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The company had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same period last year, the business posted $1.03 EPS. The firm's revenue for the quarter was up 33.6% compared to the same quarter last year. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Company Profile

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.

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