1,879 Lam Research Corporation $LRCX Shares Sold by Formuepleje A S

Formuepleje A S cut its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 24.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,686 shares of the semiconductor company’s stock after selling 1,879 shares during the period. Formuepleje A S’s holdings in Lam Research were worth $1,868,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in Lam Research by 61.4% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 862 shares of the semiconductor company’s stock worth $283,000 after purchasing an additional 328 shares during the last quarter. Nvwm LLC increased its stake in Lam Research by 1.7% in the third quarter. Nvwm LLC now owns 8,545 shares of the semiconductor company’s stock valued at $2,807,000 after purchasing an additional 145 shares during the period. HBW Advisory Services LLC increased its stake in Lam Research by 75.7% in the third quarter. HBW Advisory Services LLC now owns 1,989 shares of the semiconductor company’s stock valued at $653,000 after purchasing an additional 857 shares during the period. B.A. Schrock Wealth Management Inc. acquired a new position in Lam Research in the third quarter valued at $1,540,000. Finally, Howard Financial Services LTD. raised its holdings in shares of Lam Research by 23.6% in the third quarter. Howard Financial Services LTD. now owns 1,617 shares of the semiconductor company’s stock valued at $531,000 after buying an additional 309 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Stock Performance

LRCX traded down $14.07 during trading on Thursday, hitting $272.85. The stock had a trading volume of 7,181,976 shares, compared to its average volume of 10,640,310. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. The firm has a market capitalization of $341.45 billion, a P/E ratio of 47.20, a PEG ratio of 1.19 and a beta of 1.85. The company’s 50-day moving average price is $310.54 and its 200 day moving average price is $307.88. Lam Research Corporation has a twelve month low of $135.50 and a twelve month high of $438.50.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter in the prior year, the firm earned $1.33 EPS. Lam Research’s quarterly revenue was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, equities research analysts forecast that Lam Research Corporation will post 9.34 EPS for the current fiscal year.

Lam Research Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is presently 22.92%.

Insider Transactions at Lam Research

In other news, Director Bethany Mayer sold 9,557 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the transaction, the director directly owned 20,995 shares in the company, valued at $6,607,966.30. The trade was a 31.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ava Harter sold 5,000 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider directly owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This represents a 10.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Citigroup reissued a “buy” rating and set a $450.00 price target (up from $315.00) on shares of Lam Research in a report on Wednesday, June 17th. Weiss Ratings cut Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 4th. Fundamental Research set a $390.00 price target on Lam Research in a research report on Thursday, October 1st. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $350.00 price objective (down from $450.00) on shares of Lam Research in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and an average target price of $364.59.

Lam Research News Roundup

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: DBS Bank raised its price target for Lam Research to $416, signaling continued confidence in the company’s long-term semiconductor-equipment demand outlook. DBS Bank lifts target to USD 416 for Lam Research stock
• Positive Sentiment: Twenty-four exchange-traded funds increased their Lam Research holdings on October 13, indicating continued institutional or portfolio-manager interest in the stock. 24 ETFs Add to Lam Research Holdings
• Positive Sentiment: Analysts’ consensus price target implies roughly 25.6% potential upside, while improving earnings-estimate revisions could support the shares if the company delivers strong results. Wall Street Analysts See a 25.6% Upside in Lam Research
• Neutral Sentiment: Lam Research is scheduled to report quarterly results on October 21. Investors are likely awaiting updated guidance and commentary on AI-related semiconductor spending before making larger commitments. Lam Research stock trades ahead of October 21 results
• Negative Sentiment: Semiconductor-equipment shares, including Lam Research, have sold off as investors lock in gains following a powerful year driven by AI demand. The sector-wide move is the clearest near-term reason for LRCX’s weakness. Semiconductor Equipment Stocks Slide as Investors Take Profits
• Negative Sentiment: The shares have declined for seven consecutive sessions and recently underperformed the broader market, reflecting deteriorating short-term momentum and caution ahead of earnings. Lam Research shares tumbled for seven consecutive sessions

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.