Jackson Thornton Wealth Management LLC Makes New $615,000 Investment in Lam Research Corporation $LRCX

Jackson Thornton Wealth Management LLC acquired a new stake in Lam Research Corporation (NASDAQ:LRCX) during the third quarter, HoldingsChannel reports. The firm acquired 4,313 shares of the semiconductor company’s stock, valued at approximately $615,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in shares of Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Lam Research during the 1st quarter worth approximately $239,000. Moody National Bank Trust Division purchased a new stake in shares of Lam Research in the second quarter valued at approximately $208,000. Wedge Capital Management L L P NC acquired a new position in Lam Research during the second quarter worth $244,000. Finally, Sowell Financial Services LLC boosted its holdings in Lam Research by 1.1% during the second quarter. Sowell Financial Services LLC now owns 20,273 shares of the semiconductor company’s stock worth $1,973,000 after buying an additional 226 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Price Performance

Shares of LRCX opened at $218.55 on Tuesday. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The firm has a market cap of $274.51 billion, a price-to-earnings ratio of 48.14, a PEG ratio of 2.55 and a beta of 1.77. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $229.57. The stock has a 50 day moving average of $172.73 and a 200-day moving average of $138.40.

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

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were issued a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is 22.91%.

Analysts Set New Price Targets

A number of equities research analysts have commented on LRCX shares. Needham & Company LLC reiterated a “buy” rating and set a $250.00 target price (up previously from $160.00) on shares of Lam Research in a report on Tuesday. HSBC boosted their price objective on shares of Lam Research from $127.00 to $181.00 and gave the company a “hold” rating in a research report on Friday, January 9th. Cowen restated a “buy” rating on shares of Lam Research in a report on Thursday, October 23rd. B. Riley reiterated a “buy” rating on shares of Lam Research in a report on Thursday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $200.00 price target (up previously from $175.00) on shares of Lam Research in a research note on Monday, December 15th. Twenty-eight analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $192.46.

Insider Activity at Lam Research

In related news, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, the chief financial officer directly owned 987,237 shares in the company, valued at $148,677,892.20. This represents a 3.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ava Harter sold 9,010 shares of the firm’s stock in a transaction on Monday, October 27th. The shares were 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 owned 56,786 shares in the company, valued at $8,942,091.42. The trade was a 13.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 50,418 shares of company stock worth $7,667,305 in the last 90 days. 0.31% of the stock is currently owned by company insiders.

Lam Research Profile

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.