Baldwin Wealth Partners LLC MA Has $248,000 Position in Lam Research Corporation $LRCX

Baldwin Wealth Partners LLC MA cut its position in Lam Research Corporation (NASDAQ:LRCX) by 18.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,551 shares of the semiconductor company’s stock after selling 578 shares during the quarter. Baldwin Wealth Partners LLC MA’s holdings in Lam Research were worth $248,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. REAP Financial Group LLC bought a new position in shares of Lam Research in the second quarter worth about $31,000. Smallwood Wealth Investment Management LLC bought a new position in shares of Lam Research in the first quarter worth about $26,000. Hilltop National Bank bought a new position in shares of Lam Research in the second quarter worth about $38,000. Bruce G. Allen Investments LLC lifted its holdings in shares of Lam Research by 207.3% in the second quarter. Bruce G. Allen Investments LLC now owns 421 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 284 shares during the last quarter. Finally, 1 North Wealth Services LLC bought a new position in shares of Lam Research in the first quarter worth about $36,000. Institutional investors own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on LRCX shares. Mizuho increased their target price on shares of Lam Research from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, September 12th. TD Cowen raised their price objective on shares of Lam Research from $100.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Argus boosted their target price on shares of Lam Research from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 1st. UBS Group boosted their target price on shares of Lam Research from $95.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Finally, Stifel Nicolaus boosted their target price on shares of Lam Research from $92.00 to $110.00 and gave the stock a “buy” rating in a report on Tuesday, July 29th. Twenty-three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and an average target price of $121.00.

Lam Research Stock Performance

NASDAQ:LRCX opened at $131.37 on Friday. The company has a market capitalization of $165.66 billion, a PE ratio of 31.58, a P/E/G ratio of 1.72 and a beta of 1.84. The company has a 50 day simple moving average of $114.80 and a two-hundred day simple moving average of $94.46. 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 fifty-two week low of $56.32 and a fifty-two week high of $153.70.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates 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 revenue for the quarter was up 33.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

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

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.