Guyasuta Investment Advisors Inc. Invests $202,000 in Lam Research Corporation $LRCX

Key Points

• Guyasuta Investment Advisors Inc. has invested approximately $202,000 in Lam Research Corporation, acquiring 2,077 shares in the second quarter.
• Lam Research reported better-than-expected quarterly earnings of $1.33 per share, exceeding estimates by $0.12, along with a 33.6% year-over-year revenue growth.
• The company has announced a dividend increase, raising the quarterly payout from $0.23 to $0.26 per share, with a current yield of 0.8%.

Guyasuta Investment Advisors Inc. purchased a new position in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,077 shares of the semiconductor company's stock, valued at approximately $202,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LRCX. SC&H Financial Advisors Inc. grew its position in shares of Lam Research by 4.4% in the 2nd quarter. SC&H Financial Advisors Inc. now owns 9,404 shares of the semiconductor company's stock worth $915,000 after acquiring an additional 397 shares in the last quarter. LVW Advisors LLC acquired a new position in Lam Research in the second quarter worth $245,000. ORG Partners LLC increased its stake in Lam Research by 7.3% during the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company's stock valued at $162,000 after purchasing an additional 114 shares during the last quarter. Gradient Capital Advisors LLC raised its holdings in shares of Lam Research by 3.9% during the second quarter. Gradient Capital Advisors LLC now owns 22,420 shares of the semiconductor company's stock worth $2,182,000 after purchasing an additional 846 shares during the period. Finally, Cove Private Wealth LLC bought a new position in shares of Lam Research in the 2nd quarter worth about $561,000. 84.61% of the stock is owned by institutional investors.

Lam Research Trading Up 0.2%

NASDAQ:LRCX opened at $128.33 on Monday. The stock has a market cap of $161.83 billion, a price-to-earnings ratio of 30.85, a PEG ratio of 1.62 and a beta of 1.76. 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 Corporation has a 1 year low of $56.32 and a 1 year high of $133.57. The business has a fifty day moving average of $106.28 and a 200-day moving average of $90.30.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.12. The business had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The company'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 earnings per share. 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.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This is a positive change from Lam Research's previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a yield of 0.8%. Lam Research's dividend payout ratio is presently 25.00%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on LRCX shares. Morgan Stanley set a $125.00 price objective on shares of Lam Research and gave the stock an "equal weight" rating in a research note on Monday, September 22nd. Barclays set a $83.00 price target on Lam Research and gave the stock an "equal weight" rating in a research report on Monday, July 28th. TD Cowen upped their price objective on Lam Research from $100.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Stifel Nicolaus raised their target price on Lam Research from $92.00 to $110.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Finally, Cantor Fitzgerald upped their price target on shares of Lam Research from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, August 21st. Twenty investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Lam Research has an average rating of "Moderate Buy" and a consensus price target of $111.35.

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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