Kingsman Wealth Management Inc. Buys New Shares in Lam Research Corporation $LRCX

Kingsman Wealth Management Inc. bought a new position in Lam Research Corporation (NASDAQ:LRCX) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,600 shares of the semiconductor company’s stock, valued at approximately $482,000.

Several other large investors have also added to or reduced their stakes in LRCX. Ascent Group LLC raised its stake in shares of Lam Research by 84.9% in the third quarter. Ascent Group LLC now owns 21,883 shares of the semiconductor company’s stock worth $2,930,000 after purchasing an additional 10,048 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in Lam Research by 12.6% in the 3rd quarter. Sivia Capital Partners LLC now owns 3,920 shares of the semiconductor company’s stock worth $525,000 after buying an additional 438 shares during the period. Diversified Trust Co increased its holdings in Lam Research by 34.4% in the 3rd quarter. Diversified Trust Co now owns 31,922 shares of the semiconductor company’s stock worth $4,274,000 after buying an additional 8,172 shares during the period. Paradice Investment Management LLC purchased a new position in Lam Research during the 3rd quarter worth approximately $204,000. Finally, LVW Advisors LLC boosted its holdings in shares of Lam Research by 49.4% in the 3rd quarter. LVW Advisors LLC now owns 3,767 shares of the semiconductor company’s stock valued at $504,000 after acquiring an additional 1,245 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Stock Performance

NASDAQ LRCX opened at $173.78 on Wednesday. The stock has a market capitalization of $218.27 billion, a price-to-earnings ratio of 38.28, a PEG ratio of 2.03 and a beta of 1.77. The stock has a 50-day moving average of $159.60 and a 200 day moving average of $127.64. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $179.80.

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

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s payout ratio is presently 22.91%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on LRCX. HSBC set a $127.00 price objective on shares of Lam Research and gave the stock a “hold” rating in a research note on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft lifted their price objective on Lam Research from $160.00 to $195.00 and gave the company a “buy” rating in a research note on Friday, December 19th. TD Cowen boosted their price objective on Lam Research from $145.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Rothschild & Co Redburn raised their target price on Lam Research from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Finally, Susquehanna lifted their price target on Lam Research from $135.00 to $200.00 and gave the company a “positive” rating in a research report on Thursday, October 23rd. Twenty-six research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $161.21.

Insider Activity at Lam Research

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the sale, the chief financial officer owned 987,237 shares in the company, valued at approximately $148,677,892.20. This trade represents a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 102,608 shares of company stock valued at $14,916,496. Insiders own 0.31% of the company’s stock.

Lam Research Company 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.