Lam Research Corporation $LRCX Stock Holdings Increased by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB grew its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 8.2% in the fourth quarter, HoldingsChannel reports. The fund owned 58,191 shares of the semiconductor company’s stock after buying an additional 4,434 shares during the period. E. Ohman J or Asset Management AB’s holdings in Lam Research were worth $9,961,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of LRCX. Rialto Wealth Management LLC increased its holdings in shares of Lam Research by 2,741.8% during the fourth quarter. Rialto Wealth Management LLC now owns 1,563 shares of the semiconductor company’s stock valued at $268,000 after purchasing an additional 1,508 shares during the period. RVW Wealth LLC bought a new position in Lam Research in the 4th quarter valued at about $229,000. Capital Asset Advisory Services LLC bought a new position in Lam Research in the 4th quarter valued at about $240,000. Diversified Trust Co. increased its stake in Lam Research by 9.4% during the 4th quarter. Diversified Trust Co. now owns 34,912 shares of the semiconductor company’s stock valued at $5,976,000 after buying an additional 2,990 shares during the period. Finally, Affinity Capital Advisors LLC raised its position in shares of Lam Research by 23.1% during the 4th quarter. Affinity Capital Advisors LLC now owns 2,656 shares of the semiconductor company’s stock worth $455,000 after buying an additional 498 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $233.31 on Tuesday. The stock’s fifty day simple moving average is $227.18 and its 200 day simple moving average is $179.07. The stock has a market capitalization of $291.35 billion, a price-to-earnings ratio of 47.81, a PEG ratio of 2.46 and a beta of 1.77. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $256.68.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.Lam Research’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter last year, the company posted $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, sell-side analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Lam Research’s payout ratio is currently 21.31%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on LRCX shares. UBS Group set a $300.00 price objective on shares of Lam Research in a report on Thursday, January 29th. New Street Research upped their target price on Lam Research from $195.00 to $235.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Lam Research in a research report on Monday, December 29th. JPMorgan Chase & Co. upped their price objective on Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, Citic Securities lifted their target price on Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Insider Activity at Lam Research

In related news, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the transaction, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ava Harter sold 1,500 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total transaction of $333,990.00. Following the sale, the insider directly owned 53,205 shares in the company, valued at approximately $11,846,625.30. This trade represents a 2.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by corporate 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.