Compound Planning Inc. Raises Stake in Lam Research Corporation $LRCX

Key Points

• Compound Planning Inc. increased its stake in Lam Research Corporation by 49.1%, owning 13,496 shares valued at approximately $981,000 as of the latest SEC filing.
• Analysts' price targets for Lam Research have seen upward revisions, with firms like Needham & Company raising their target from $110.00 to $115.00 and Morgan Stanley from $87.00 to $94.00.
• Lam Research reported earnings of $1.33 per share for the quarter, exceeding estimates, and revenue of $5.17 billion, a 33.6% increase year over year.

Compound Planning Inc. grew its stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 49.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,496 shares of the semiconductor company's stock after purchasing an additional 4,447 shares during the period. Compound Planning Inc.'s holdings in Lam Research were worth $981,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Lam Research during the 1st quarter worth $26,000. West Paces Advisors Inc. purchased a new stake in shares of Lam Research during the 4th quarter worth $27,000. Mpwm Advisory Solutions LLC purchased a new stake in shares of Lam Research during the 4th quarter worth $27,000. Park Square Financial Group LLC purchased a new stake in shares of Lam Research during the 4th quarter worth $31,000. Finally, Putney Financial Group LLC purchased a new stake in shares of Lam Research during the 4th quarter worth $36,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Needham & Company LLC boosted their target price on shares of Lam Research from $110.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Morgan Stanley boosted their price objective 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. Raymond James Financial boosted their price objective on shares of Lam Research from $90.00 to $110.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Citigroup boosted their price objective on shares of Lam Research from $108.00 to $113.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, KeyCorp boosted their price objective on shares of Lam Research from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 15th. Twenty research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $107.30.

Lam Research Price Performance

Lam Research stock opened at $100.08 on Friday. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $108.02. The stock has a market capitalization of $126.66 billion, a P/E ratio of 24.06, a P/E/G ratio of 1.30 and a beta of 1.65. The firm's 50-day moving average is $98.41 and its two-hundred day moving average is $84.61. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, topping 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 company had revenue of $5.17 billion for the quarter, compared to analysts' expectations of $4.99 billion. During the same period last year, the company earned $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. Equities analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current year.

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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