WCG Wealth Advisors LLC Takes $1.49 Million Position in Lam Research Corporation $LRCX

Key Points

• WCG Wealth Advisors LLC has acquired approximately $1.49 million worth of shares in Lam Research Corporation, purchasing 20,498 shares of the semiconductor company.
• An impressive number of other institutional investors have significantly increased their stakes in Lam Research, with Ameriprise Financial and Northern Trust increasing their holdings by 950.5% and 1,067.0% respectively in the last quarter.
• Lam Research reported a beating earnings per share of $1.33, exceeding analyst expectations of $1.21, while also showing a year-over-year quarterly revenue increase of 33.6%.

WCG Wealth Advisors LLC bought a new stake in Lam Research Corporation (NASDAQ:LRCX - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 20,498 shares of the semiconductor company's stock, valued at approximately $1,490,000.

A number of other institutional investors have also modified their holdings of the business. Ameriprise Financial Inc. increased its stake in Lam Research by 950.5% in the 4th quarter. Ameriprise Financial Inc. now owns 34,543,915 shares of the semiconductor company's stock valued at $2,495,128,000 after buying an additional 31,255,726 shares during the period. Northern Trust Corp increased its stake in Lam Research by 1,067.0% in the 4th quarter. Northern Trust Corp now owns 15,869,244 shares of the semiconductor company's stock valued at $1,146,235,000 after buying an additional 14,509,407 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Lam Research by 6,383.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,574,691 shares of the semiconductor company's stock valued at $980,500,000 after buying an additional 13,365,317 shares during the period. Janus Henderson Group PLC acquired a new position in Lam Research in the 4th quarter valued at $792,161,000. Finally, Vanguard Group Inc. increased its stake in Lam Research by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company's stock valued at $9,389,358,000 after buying an additional 8,364,375 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Price Performance

NASDAQ:LRCX opened at $101.28 on Tuesday. The firm has a market cap of $128.18 billion, a price-to-earnings ratio of 24.35, a price-to-earnings-growth ratio of 1.29 and a beta of 1.65. 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 company's 50-day moving average is $98.57 and its two-hundred day moving average is $84.75. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $108.02.

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 company had revenue of $5.17 billion for the quarter, compared to analyst estimates of $4.99 billion. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The firm's quarterly revenue was up 33.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Research analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on LRCX shares. Oppenheimer boosted their price objective on shares of Lam Research from $110.00 to $120.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Summit Insights cut shares of Lam Research from a "buy" rating to a "hold" rating in a research note on Thursday, July 31st. B. Riley reaffirmed a "buy" rating and set a $115.00 price target (up from $95.00) on shares of Lam Research in a research note on Wednesday, June 18th. Needham & Company LLC upped their price target on shares of Lam Research from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. 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 note on Thursday, August 21st. Twenty equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $107.30.

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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