George Kaiser Family Foundation Takes Position in Lam Research Corporation $LRCX

Key Points

• The George Kaiser Family Foundation has acquired 3,575 shares of Lam Research Corporation, valued at approximately $260,000, during the 1st quarter.
• Lam Research's recent earnings report showed an EPS of $1.33, surpassing expectations of $1.21 and a revenue of $5.17 billion, a 33.6% increase year-over-year.
• Analyst ratings for Lam Research are predominantly positive, with 21 buy ratings and an average target price of $107.09.

George Kaiser Family Foundation purchased a new stake in Lam Research Corporation (NASDAQ:LRCX - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,575 shares of the semiconductor company's stock, valued at approximately $260,000.

A number of other institutional investors have also modified their holdings of LRCX. Pinnacle Financial Partners Inc acquired a new stake in Lam Research in the 1st quarter worth approximately $201,000. B. Riley Wealth Advisors Inc. acquired a new stake in Lam Research in the 4th quarter worth approximately $6,296,000. China Universal Asset Management Co. Ltd. boosted its stake in Lam Research by 27.1% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 49,505 shares of the semiconductor company's stock worth $3,607,000 after purchasing an additional 10,565 shares in the last quarter. Cookson Peirce & Co. Inc. acquired a new stake in Lam Research in the 1st quarter worth approximately $607,000. Finally, First Citizens Bank & Trust Co. boosted its stake in Lam Research by 47.8% in the 1st quarter. First Citizens Bank & Trust Co. now owns 121,902 shares of the semiconductor company's stock worth $8,862,000 after purchasing an additional 39,414 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

LRCX has been the subject of a number of recent research reports. UBS Group raised their price target on shares of Lam Research from $95.00 to $120.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Argus raised their price target on shares of Lam Research from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Barclays set a $83.00 price target on shares of Lam Research and gave the stock an "equal weight" rating in a research report on Monday, July 28th. Stifel Nicolaus raised their price target on shares of Lam Research from $92.00 to $110.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Finally, Morgan Stanley raised their price target on shares of Lam Research from $87.00 to $94.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Twenty research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $107.09.

Lam Research Trading Down 1.5%

Shares of LRCX stock traded down $1.5490 on Wednesday, hitting $98.7810. 8,212,629 shares of the stock traded hands, compared to its average volume of 12,014,193. The firm's 50-day moving average price is $97.90 and its two-hundred day moving average price is $84.22. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The stock has a market capitalization of $125.02 billion, a PE ratio of 23.70, a PEG ratio of 1.28 and a beta of 1.65. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $108.02.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The firm had revenue of $5.17 billion for the quarter, compared to analysts' expectations of $4.99 billion. During the same quarter in the previous year, the company posted $1.03 EPS. The company's revenue 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. As a group, analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

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.