Menard Financial Group LLC Takes Position in Lam Research Corporation $LRCX

Menard Financial Group LLC acquired a new stake in Lam Research Corporation (NASDAQ:LRCX) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,325 shares of the semiconductor company’s stock, valued at approximately $518,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. IMG Wealth Management Inc. bought a new position in shares of Lam Research during the second quarter valued at $26,000. REAP Financial Group LLC bought a new stake in shares of Lam Research in the second quarter worth $31,000. 1 North Wealth Services LLC acquired a new stake in Lam Research in the first quarter valued at $36,000. Saudi Central Bank acquired a new stake in Lam Research in the first quarter valued at $37,000. Finally, Bank of Jackson Hole Trust raised its position in Lam Research by 111.1% during the 2nd quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 200 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of analyst reports. Barclays set a $142.00 price target on Lam Research and gave the company an “equal weight” rating in a research report on Monday, October 20th. Mizuho upped their target price on Lam Research from $162.00 to $170.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Rothschild & Co Redburn increased their target price on shares of Lam Research from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, October 14th. Morgan Stanley raised their price target on shares of Lam Research from $137.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday. Finally, Hsbc Global Res raised shares of Lam Research to a “hold” rating in a research note on Tuesday, September 30th. Twenty-six investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $152.87.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the sale, the insider directly owned 56,786 shares of the company’s stock, valued at $8,942,091.42. The trade was a 13.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the transaction, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 102,608 shares of company stock worth $14,916,496 over the last three months. 0.31% of the stock is currently owned by company insiders.

Lam Research Price Performance

Shares of LRCX opened at $158.19 on Wednesday. The firm has a market cap of $198.69 billion, a PE ratio of 34.84, a price-to-earnings-growth ratio of 1.68 and a beta of 1.77. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $167.15. The business’s 50 day moving average price is $148.20 and its two-hundred day moving average price is $116.01. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter last year, the firm posted $0.86 EPS. The company’s quarterly revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, equities analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s payout ratio is 22.91%.

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.