Master S Wealth Management Inc. Raises Holdings in Lam Research Corporation $LRCX

Master S Wealth Management Inc. boosted its position in Lam Research Corporation (NASDAQ:LRCX) by 77.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,149 shares of the semiconductor company’s stock after purchasing an additional 1,377 shares during the quarter. Lam Research comprises approximately 0.2% of Master S Wealth Management Inc.’s investment portfolio, making the stock its 27th largest position. Master S Wealth Management Inc.’s holdings in Lam Research were worth $673,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vermillion Wealth Management Inc. purchased a new stake in shares of Lam Research during the first quarter worth $26,000. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research in the fourth quarter valued at about $25,000. Bayban purchased a new position in shares of Lam Research in the fourth quarter worth about $26,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Lam Research in the fourth quarter worth about $27,000. Finally, Core Wealth Advisors LLC acquired a new position in Lam Research during the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Price Performance

Lam Research stock opened at $410.91 on Tuesday. Lam Research Corporation has a 12-month low of $90.93 and a 12-month high of $414.98. The stock has a market cap of $513.87 billion, a P/E ratio of 77.53, a PEG ratio of 3.14 and a beta of 1.85. The company has a 50-day moving average price of $316.90 and a 200 day moving average price of $251.92. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. Lam Research’s revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts anticipate that Lam Research Corporation will post 5.68 earnings per share for the current year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s payout ratio is presently 19.62%.

Analyst Ratings Changes

LRCX has been the subject of several research reports. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price objective (up from $330.00) on shares of Lam Research in a research note on Monday, June 15th. HSBC raised their target price on shares of Lam Research from $221.00 to $247.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Seaport Research Partners initiated coverage on Lam Research in a report on Monday, May 4th. They set a “buy” rating and a $300.00 target price on the stock. UBS Group restated a “buy” rating and issued a $375.00 price target (up from $310.00) on shares of Lam Research in a research report on Tuesday, June 9th. Finally, Royal Bank Of Canada increased their price target on Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Twenty-eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $342.49.

Insider Activity

In related news, SVP Neil J. Fernandes sold 7,659 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the transaction, the senior vice president directly owned 58,470 shares in the company, valued at approximately $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 86,339 shares of company stock valued at $27,680,267. 0.31% of the stock is currently owned by company insiders.

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.