CW Advisors LLC Raises Position in Lam Research Corporation $LRCX

Key Points

• CW Advisors LLC increased its holdings in Lam Research Corporation by 152.1%, acquiring an additional 16,235 shares during the first quarter, bringing its total to 26,910 shares valued at approximately $1.99 million.
• Institutional investors collectively own 84.61% of Lam Research's stock, with significant increases in shareholdings from companies like Vanguard and Ameriprise Financial.
• Lam Research reported better-than-expected earnings with $1.33 EPS, surpassing estimates by $0.12, and a revenue of $5.17 billion for the quarter, showing a 33.6% year-over-year increase.

CW Advisors LLC boosted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 152.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,910 shares of the semiconductor company's stock after buying an additional 16,235 shares during the period. CW Advisors LLC's holdings in Lam Research were worth $1,986,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pinnacle Financial Partners Inc bought a new position in shares of Lam Research in the first quarter worth approximately $201,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Lam Research in the 4th quarter worth $6,296,000. China Universal Asset Management Co. Ltd. increased its holdings in shares of 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 buying an additional 10,565 shares during the last quarter. Cookson Peirce & Co. Inc. purchased a new stake in shares of Lam Research during the 1st quarter valued at $607,000. Finally, First Citizens Bank & Trust Co. lifted its holdings in shares of Lam Research by 47.8% during the 1st quarter. First Citizens Bank & Trust Co. now owns 121,902 shares of the semiconductor company's stock worth $8,862,000 after acquiring an additional 39,414 shares during the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research Trading Up 0.4%

Shares of Lam Research stock traded up $0.42 during trading on Thursday, reaching $104.09. 7,372,322 shares of the stock were exchanged, compared to its average volume of 11,933,633. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38. The firm has a market cap of $131.74 billion, a price-to-earnings ratio of 25.02, a price-to-earnings-growth ratio of 1.33 and a beta of 1.65. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $108.02. The stock's fifty day moving average is $99.02 and its 200 day moving average is $85.01.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.12. The business had revenue of $5.17 billion during the quarter, compared to analyst estimates of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.Lam Research's quarterly revenue was up 33.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, equities research analysts expect 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. Investors of record on Wednesday, September 24th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.0%. This is a boost from Lam Research's previous quarterly dividend of $0.23. Lam Research's payout ratio is 22.12%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded Lam Research from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Argus boosted their target price on Lam Research from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Morgan Stanley upped their target price on Lam Research from $87.00 to $94.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. KeyCorp lifted their price target on shares of Lam Research from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 15th. Finally, 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 report on Thursday, July 31st. Twenty research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, Lam Research currently has a consensus rating of "Moderate Buy" and an average target price of $107.30.

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.