Lam Research (NASDAQ:LRCX) Stock Acquired Rep. Byron Donalds

Key Points

• Representative Byron Donalds (R-Florida) purchased shares of Lam Research Corporation (NASDAQ:LRCX) for between $1,001 and $15,000 in August.
• Lam Research recently reported an EPS of $1.33 for the last quarter, exceeding analysts' expectations, with revenues of $5.17 billion reflecting a 33.6% year-over-year growth.
• The company increased its quarterly dividend to $0.26, up from $0.23, with a dividend yield of 1.0%, set to be paid on October 15th.

Representative Byron Donalds (R-Florida) recently bought shares of Lam Research Corporation NASDAQ: LRCX. In a filing disclosed on September 05th, the Representative disclosed that they had bought between $1,001 and $15,000 in Lam Research stock on August 7th. The trade occurred in the Representative's "MORAN WEALTH IRA" account.

Representative Byron Donalds also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Howmet Aerospace NYSE: HWM on 8/7/2025.
• Sold $1,001 - $15,000 in shares of Deckers Outdoor NYSE: DECK on 8/7/2025.

Lam Research Trading Up 2.1%

Shares of LRCX stock opened at $105.07 on Tuesday. The company has a market capitalization of $132.98 billion, a PE ratio of 25.26, a price-to-earnings-growth ratio of 1.32 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 52-week low of $56.32 and a 52-week high of $108.02. The business's fifty day moving average is $100.02 and its 200 day moving average is $85.93.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its 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 for the quarter, compared to analysts' expectations of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The firm's revenue was up 33.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities research analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.0%. This is a boost from Lam Research's previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, September 24th. Lam Research's dividend payout ratio (DPR) is 22.12%.

Institutional Investors Weigh In On Lam Research

A number of hedge funds have recently modified their holdings of LRCX. Evolution Wealth Management Inc. bought a new position in Lam Research in the 2nd quarter worth $60,000. Cypress Capital Advisors LLC boosted its holdings in shares of Lam Research by 4.7% during the 2nd quarter. Cypress Capital Advisors LLC now owns 8,384 shares of the semiconductor company's stock valued at $816,000 after purchasing an additional 374 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in shares of Lam Research by 3.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 60,378 shares of the semiconductor company's stock valued at $5,877,000 after purchasing an additional 2,274 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Lam Research by 29.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 125,693 shares of the semiconductor company's stock valued at $12,237,000 after purchasing an additional 28,716 shares during the last quarter. Finally, MASTERINVEST Kapitalanlage GmbH bought a new position in shares of Lam Research during the 2nd quarter valued at about $6,036,000. Institutional investors own 84.61% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on LRCX. UBS Group raised their price objective on Lam Research from $95.00 to $120.00 and gave the company a "buy" rating in a research note on Monday, July 21st. TD Cowen raised their price objective on shares of Lam Research from $100.00 to $125.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Wall Street Zen upgraded shares of Lam Research from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Raymond James Financial raised 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. Finally, Stifel Nicolaus raised their price target on shares of Lam Research from $92.00 to $110.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Twenty investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Lam Research currently has a consensus rating of "Moderate Buy" and a consensus target price of $107.52.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida's 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida's 19th Congressional District. He declared candidacy for the 2026 election. Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor's degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

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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