Watershed Private Wealth LLC Has $568,000 Stake in Lam Research Corporation $LRCX

Watershed Private Wealth LLC lessened its position in Lam Research Corporation (NASDAQ:LRCX) by 5.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,840 shares of the semiconductor company’s stock after selling 320 shares during the period. Watershed Private Wealth LLC’s holdings in Lam Research were worth $568,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in LRCX. Vanguard Group Inc. boosted its holdings in shares of Lam Research by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after acquiring an additional 8,364,375 shares in the last quarter. Nuveen LLC acquired a new position in shares of Lam Research in the 1st quarter worth approximately $604,344,000. Price T Rowe Associates Inc. MD boosted its stake in Lam Research by 99.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company’s stock worth $417,242,000 after purchasing an additional 2,864,863 shares in the last quarter. Boston Partners boosted its stake in Lam Research by 9,978.3% in the first quarter. Boston Partners now owns 2,350,362 shares of the semiconductor company’s stock worth $170,787,000 after purchasing an additional 2,327,041 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Lam Research by 25.8% in the first quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock worth $693,319,000 after purchasing an additional 1,953,221 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Trading Down 5.9%

NASDAQ LRCX opened at $140.35 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. The firm has a market cap of $176.99 billion, a P/E ratio of 33.74, a P/E/G ratio of 1.82 and a beta of 1.84. The stock’s 50-day moving average is $112.31 and its 200-day moving average is $93.32. Lam Research Corporation has a one year low of $56.32 and a one year high of $153.70.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The firm had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $4.99 billion. During the same period last year, the company posted $1.03 EPS. The business’s quarterly revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Sell-side analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal 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 given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s payout ratio is 25.00%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on LRCX. B. Riley upped their price target on shares of Lam Research from $130.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Rothschild & Co Redburn upped their target price on shares of Lam Research from $115.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, October 1st. Raymond James Financial upped their target price on shares of Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Cantor Fitzgerald upped their price objective on Lam Research from $120.00 to $155.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Finally, Oppenheimer upped their price target on Lam Research from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Twenty-three analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $119.20.

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.