LVW Advisors LLC Purchases New Shares in Lam Research Corporation $LRCX

Key Points

• LVW Advisors LLC acquired 2,522 shares of Lam Research Corporation, valued at approximately $245,000, signaling increased institutional interest in the semiconductor stock.
• Lam Research recently reported earnings of $1.33 per share for the quarter, surpassing estimates and showing a revenue increase of 33.6% year-over-year.
• The company declared a quarterly dividend increase to $0.26 per share, raising its annual yield to 0.8%, reflecting confidence in its financial stability.

LVW Advisors LLC purchased a new stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,522 shares of the semiconductor company's stock, valued at approximately $245,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Smallwood Wealth Investment Management LLC bought a new position in Lam Research in the 1st quarter valued at $26,000. Bruce G. Allen Investments LLC boosted its position in shares of Lam Research by 207.3% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 421 shares of the semiconductor company's stock worth $41,000 after purchasing an additional 284 shares during the last quarter. 1 North Wealth Services LLC bought a new position in shares of Lam Research in the 1st quarter worth $36,000. Saudi Central Bank bought a new position in shares of Lam Research in the 1st quarter worth $37,000. Finally, Rossby Financial LCC bought a new position in shares of Lam Research in the 1st quarter worth $37,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on LRCX shares. The Goldman Sachs Group started coverage on Lam Research in a research report on Thursday, July 10th. They issued a "buy" rating and a $115.00 price target on the stock. 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. Citigroup raised their price objective on Lam Research from $113.00 to $120.00 and gave the stock a "buy" rating in a research note on Monday, September 8th. Erste Group Bank started coverage on Lam Research in a report on Thursday, August 14th. They set a "buy" rating on the stock. Finally, UBS Group lifted their target price on Lam Research from $95.00 to $120.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Twenty investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $111.35.

Lam Research Price Performance

NASDAQ:LRCX opened at $128.33 on Monday. 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's 50-day simple moving average is $106.28 and its 200 day simple moving average is $90.30. The company has a market cap of $161.83 billion, a P/E ratio of 30.85, a P/E/G ratio of 1.62 and a beta of 1.76. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $133.57.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.12. The business had revenue of $5.17 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, sell-side analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The firm 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 dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. This is a boost from Lam Research's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Wednesday, September 24th. Lam Research's dividend payout ratio (DPR) is presently 25.00%.

Lam Research Company 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.

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