2,288 Shares in Lam Research Corporation $LRCX Acquired by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. acquired a new position in Lam Research Corporation (NASDAQ:LRCX) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,288 shares of the semiconductor company’s stock, valued at approximately $392,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Keudell Morrison Wealth Management acquired a new position in shares of Lam Research in the fourth quarter worth approximately $3,552,000. Ignite Planners LLC lifted its stake in shares of Lam Research by 3.8% in the fourth quarter. Ignite Planners LLC now owns 5,467 shares of the semiconductor company’s stock worth $936,000 after acquiring an additional 198 shares during the period. Axxcess Wealth Management LLC lifted its stake in shares of Lam Research by 830.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 127,155 shares of the semiconductor company’s stock worth $21,766,000 after acquiring an additional 113,490 shares during the period. Keystone Financial Group lifted its stake in shares of Lam Research by 82.6% in the fourth quarter. Keystone Financial Group now owns 11,050 shares of the semiconductor company’s stock worth $1,892,000 after acquiring an additional 5,000 shares during the period. Finally, Kingdom Financial Group LLC. acquired a new position in shares of Lam Research in the fourth quarter worth approximately $1,027,000. 84.61% of the stock is owned by institutional investors and hedge funds.

More Lam Research News

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

• Positive Sentiment: Analysts continue to sound optimistic, with Sanford C. Bernstein raising its price target on Lam Research to $340 from $325 and reiterating an outperform rating, implying further upside from current levels.
• Positive Sentiment: The company is benefiting from strong AI-related chip demand, which is driving customers to buy more wafer fabrication equipment and supporting the stock’s strong year-to-date run.
• Positive Sentiment: Lam Research said it is adding AI and sensing capabilities to its chipmaking tools and expanding U.S. operations in Arizona and California, a sign it is positioning itself for longer-term growth in advanced semiconductor manufacturing. Article: Lam Research focused on adding AI to chipmaking tools as it eyes US expansion, CEO says
• Positive Sentiment: The company launched a new research lab in Salzburg focused on panel-level chip packaging, aiming to improve chip density and reduce packaging costs as AI demand rises.

Insider Activity

In other news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the sale, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Douglas R. Bettinger sold 50,057 shares of the business’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 sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 120,066 shares of company stock worth $27,953,242 over the last quarter. 0.31% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

LRCX has been the topic of a number of recent analyst reports. Barclays set a $275.00 price objective on Lam Research and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. Summit Insights raised Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday, January 29th. Sanford C. Bernstein boosted their price target on Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research note on Thursday. Wells Fargo & Company boosted their price target on Lam Research from $290.00 to $320.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Finally, Mizuho boosted their price target on Lam Research from $295.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Twenty-seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and an average target price of $293.46.

Lam Research Price Performance

Shares of LRCX opened at $305.35 on Friday. Lam Research Corporation has a 52-week low of $79.49 and a 52-week high of $309.98. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The business’s 50 day moving average price is $254.07 and its two-hundred day moving average price is $215.35. The firm has a market cap of $381.86 billion, a PE ratio of 57.61, a price-to-earnings-growth ratio of 2.50 and a beta of 1.81.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.36 by $0.11. The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company’s quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities analysts anticipate that Lam Research Corporation will post 5.67 EPS for the current year.

Lam Research Dividend Announcement

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

About Lam Research

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.