Sloy Dahl & Holst LLC Sells 500 Shares of Lam Research Corporation $LRCX

Sloy Dahl & Holst LLC cut its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 2.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,930 shares of the semiconductor company’s stock after selling 500 shares during the period. Lam Research makes up 0.2% of Sloy Dahl & Holst LLC’s holdings, making the stock its 25th biggest holding. Sloy Dahl & Holst LLC’s holdings in Lam Research were worth $1,648,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in LRCX. Vanguard Group Inc. grew its position in shares of Lam Research by 6.9% during the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock valued at $9,389,358,000 after acquiring an additional 8,364,375 shares during the period. Invesco Ltd. boosted its holdings in Lam Research by 2.8% in the 1st quarter. Invesco Ltd. now owns 17,330,771 shares of the semiconductor company’s stock worth $1,259,947,000 after buying an additional 472,636 shares during the period. Nordea Investment Management AB boosted its holdings in Lam Research by 34.1% in the 2nd quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock worth $1,029,210,000 after buying an additional 2,692,189 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Lam Research by 25.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock worth $693,319,000 after buying an additional 1,953,221 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Lam Research by 4.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 8,900,506 shares of the semiconductor company’s stock worth $647,067,000 after buying an additional 418,077 shares during the period. 84.61% of the stock is owned by institutional investors.

Lam Research Stock Down 2.6%

Shares of Lam Research stock opened at $141.25 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The stock has a market capitalization of $178.12 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 1.76 and a beta of 1.84. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $153.70. The company has a 50-day simple moving average of $121.38 and a two-hundred day simple moving average of $98.38.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 29.07% and a return on equity of 58.17%. The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, September 24th. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Lam Research’s dividend payout ratio is presently 25.00%.

Insider Buying and Selling at Lam Research

In other news, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the transaction, the senior vice president directly owned 251,047 shares of the company’s stock, valued at $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In

LRCX has been the subject of several analyst reports. Wall Street Zen raised shares of Lam Research from a “hold” rating to a “buy” rating in a report on Saturday, October 4th. B. Riley lifted their target price on shares of Lam Research from $160.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday. Citigroup lifted their target price on shares of Lam Research from $113.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, September 8th. 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. Finally, Erste Group Bank started coverage on shares of Lam Research in a research note on Thursday, August 14th. They set a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.04.

Lam Research Company Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.