2,418 Shares in Lam Research Corporation $LRCX Acquired by Keystone Wealth Services LLC

Key Points

• Keystone Wealth Services LLC acquired 2,418 shares of Lam Research Corporation (NASDAQ:LRCX), valued at approximately $235,000, during the second quarter.
• Institutional investors currently own 84.61% of Lam Research's stocks, with Vanguard Group being one of the largest shareholders after increasing its holdings by 6.9% in the first quarter.
• Wall Street analysts have a consensus rating of "Moderate Buy" for LRCX, with a current price target averaging $107.96, reflecting positive earnings forecasts and recent upgrades from various firms.

Keystone Wealth Services LLC bought a new stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,418 shares of the semiconductor company's stock, valued at approximately $235,000.

Other large investors have also added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC purchased a new stake in Lam Research in the first quarter worth $26,000. Mpwm Advisory Solutions LLC purchased a new position in shares of Lam Research in the fourth quarter worth about $27,000. Park Square Financial Group LLC purchased a new position in shares of Lam Research in the fourth quarter worth about $31,000. Putney Financial Group LLC purchased a new position in shares of Lam Research in the fourth quarter worth about $36,000. Finally, 1 North Wealth Services LLC purchased a new position in Lam Research in the 1st quarter valued at approximately $36,000. Hedge funds and other institutional investors own 84.61% of the company's stock.

Lam Research Stock Up 0.5%

Shares of LRCX traded up $0.60 on Friday, reaching $126.92. The stock had a trading volume of 24,270,137 shares, compared to its average volume of 11,952,906. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $128.70. The firm has a market capitalization of $160.05 billion, a price-to-earnings ratio of 30.51, a price-to-earnings-growth ratio of 1.57 and a beta of 1.76. The company has a 50-day simple moving average of $102.85 and a 200-day simple moving average of $87.91. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21.

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

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th will be given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, September 24th. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. This is a boost from Lam Research's previous quarterly dividend of $0.23. Lam Research's payout ratio is presently 22.12%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Erste Group Bank began coverage on shares of Lam Research in a research note on Thursday, August 14th. They issued a "buy" rating for the company. Wall Street Zen upgraded Lam Research from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Cantor Fitzgerald lifted their target price on Lam Research from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, August 21st. Summit Insights lowered shares of Lam Research from a "buy" rating to a "hold" rating in a research report on Thursday, July 31st. Finally, B. Riley reiterated a "buy" rating and issued a $115.00 target price (up from $95.00) on shares of Lam Research in a research report on Wednesday, June 18th. Twenty analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $107.96.

Lam Research 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.