BCS Wealth Management Makes New $258,000 Investment in Lam Research Corporation $LRCX

Key Points

• BCS Wealth Management has made a new investment of $258,000 in Lam Research Corporation, purchasing 2,647 shares of the semiconductor company in the second quarter.
• Several other institutional investors have also acquired new stakes in Lam Research, with institutional ownership now at 84.61%.
• Lam Research has increased its quarterly dividend to $0.26, representing an annualized dividend of $1.04, and has projected a Q1 2026 EPS guidance of 1.100-1.300.

BCS Wealth Management purchased a new position in Lam Research Corporation (NASDAQ:LRCX - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,647 shares of the semiconductor company's stock, valued at approximately $258,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC acquired a new stake in shares of Lam Research in the first quarter worth about $26,000. Bruce G. Allen Investments LLC lifted its position in shares of Lam Research by 207.3% in the second quarter. Bruce G. Allen Investments LLC now owns 421 shares of the semiconductor company's stock worth $41,000 after buying an additional 284 shares during the last quarter. Park Square Financial Group LLC acquired a new stake in shares of Lam Research in the fourth quarter worth about $31,000. 1 North Wealth Services LLC acquired a new stake in shares of Lam Research in the first quarter worth about $36,000. Finally, Saudi Central Bank acquired a new stake in shares of Lam Research in the first quarter worth about $37,000. Institutional investors and hedge funds own 84.61% of the company's stock.

Analyst Ratings Changes

LRCX has been the subject of a number of analyst reports. B. Riley boosted their price target on Lam Research from $130.00 to $160.00 and gave the stock a "buy" rating in a research report on Wednesday. Mizuho boosted their price objective on Lam Research from $120.00 to $130.00 and gave the stock an "outperform" rating in a research report on Friday, September 12th. Wall Street Zen cut Lam Research from a "buy" rating to a "hold" rating in a research report on Saturday, September 20th. Erste Group Bank started coverage on Lam Research in a research report on Thursday, August 14th. They set a "buy" rating for the company. Finally, Barclays set a $83.00 price objective on Lam Research and gave the stock an "equal weight" rating in a research report on Monday, July 28th. Twenty research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Lam Research currently has a consensus rating of "Moderate Buy" and a consensus price target of $111.35.

Lam Research Trading Down 2.7%

LRCX stock opened at $128.32 on Thursday. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $133.57. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. The business's 50 day moving average is $105.18 and its 200-day moving average is $89.35. The firm has a market cap of $161.82 billion, a P/E ratio of 30.85, a P/E/G ratio of 1.68 and a beta of 1.76.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly 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 business had revenue of $5.17 billion for the quarter, compared to analyst estimates of $4.99 billion. During the same quarter in the previous year, the firm earned $1.03 EPS. Lam Research's quarterly 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. Equities analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. This is a positive change from Lam Research's previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, September 24th. Lam Research's dividend payout ratio (DPR) is currently 22.12%.

About Lam Research

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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