Syon Capital LLC Boosts Position in Lam Research Corporation $LRCX

Syon Capital LLC boosted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 21.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,038 shares of the semiconductor company’s stock after purchasing an additional 4,138 shares during the quarter. Syon Capital LLC’s holdings in Lam Research were worth $3,085,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Jacobi Capital Management LLC boosted its holdings in shares of Lam Research by 1.5% in the 3rd quarter. Jacobi Capital Management LLC now owns 14,531 shares of the semiconductor company’s stock valued at $1,946,000 after buying an additional 213 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in Lam Research by 28.0% in the third quarter. Axxcess Wealth Management LLC now owns 13,665 shares of the semiconductor company’s stock valued at $1,830,000 after acquiring an additional 2,988 shares during the last quarter. Ingalls & Snyder LLC acquired a new position in Lam Research in the third quarter valued at $227,000. Marble Harbor Investment Counsel LLC grew its holdings in shares of Lam Research by 1.1% during the third quarter. Marble Harbor Investment Counsel LLC now owns 23,650 shares of the semiconductor company’s stock worth $3,167,000 after purchasing an additional 250 shares during the last quarter. Finally, Drucker Wealth 3.0 LLC acquired a new stake in shares of Lam Research during the third quarter worth about $255,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Buying and Selling

In other news, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the transaction, the director directly owned 253,705 shares of the company’s stock, valued at $57,235,848. This represents a 12.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.31% of the company’s stock.

Lam Research Trading Up 0.0%

NASDAQ LRCX opened at $235.58 on Wednesday. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $294.19 billion, a P/E ratio of 48.27, a P/E/G ratio of 2.53 and a beta of 1.78. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $251.87. The firm has a 50-day moving average price of $204.61 and a 200 day moving average price of $157.71.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.10. The company had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities research analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given a $0.26 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.4%. Lam Research’s dividend payout ratio is presently 21.31%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Wall Street Zen cut Lam Research from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. New Street Research increased their price objective on Lam Research from $195.00 to $235.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Morgan Stanley lifted their target price on shares of Lam Research from $211.00 to $244.00 and gave the company an “equal weight” rating in a report on Thursday, January 29th. The Goldman Sachs Group set a $262.00 price target on shares of Lam Research and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Argus raised their price objective on shares of Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $244.88.

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.