Comerica Bank has invested $18.04 million in
Lam Research Corporation (LRCX), and
Soros Capital Management LLC has acquired 47,314 LRCX shares. Meanwhile,
LRCX announced a 13% quarterly dividend increase, signaling strong financial health. Many organizations have either bolstered their holdings, such as
CW Advisors LLC,
Sax Wealth Advisors LLC, and
Rafferty Asset Management LLC, or slimmed down their positions, such as
1832 Asset Management L.P. and
T. Rowe Price Investment Management Inc. Significant purchases by
Itau Unibanco Holding S.A and
Caisse DE Depot ET Placement DU Quebec reflect investor confidence. Furthermore,
Cantor Fitzgerald raised its price target on LRCX to $120, retaining its 'Buy' rating. The semiconductor giant also announced a dividend hike of 13%, fortifying shareholder returns. Despite a recent dip in trade for
LRCX, analysts are optimistic about its outlook.
Allstate Corp and
Wellington Management Group LLP have made big purchases, expecting long-term growth. LRCX has also been identified by Zacks Research as a top growth and momentum stock. Overall, the future of
LRCX looks promising, with on-going investments and enhanced shareholder value reinforcing market confidence.
Lam Research Corp LRCX News Analytics from Mon, 16 Jun 2025 07:00:00 GMT to Sat, 30 Aug 2025 22:35:40 GMT -
Rating 9
- Innovation 6
- Information 8
- Rumor -3
