Capital Advisors Inc. OK Has $6.58 Million Position in Lam Research Corporation $LRCX

Capital Advisors Inc. OK grew its stake in Lam Research Corporation (NASDAQ:LRCXFree Report) by 28.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 38,411 shares of the semiconductor company’s stock after acquiring an additional 8,398 shares during the period. Capital Advisors Inc. OK’s holdings in Lam Research were worth $6,575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of LRCX. Victory Financial Group LLC boosted its holdings in shares of Lam Research by 11.5% during the 4th quarter. Victory Financial Group LLC now owns 4,623 shares of the semiconductor company’s stock worth $791,000 after buying an additional 476 shares during the period. Members Trust Co acquired a new position in Lam Research in the 4th quarter valued at about $235,000. Frank Rimerman Advisors LLC raised its holdings in Lam Research by 0.5% in the 4th quarter. Frank Rimerman Advisors LLC now owns 16,789 shares of the semiconductor company’s stock valued at $2,874,000 after acquiring an additional 86 shares during the period. Gunderson Capital Management Inc. acquired a new stake in Lam Research during the fourth quarter worth approximately $3,946,000. Finally, Three Seasons Wealth LLC lifted its position in Lam Research by 436.9% during the fourth quarter. Three Seasons Wealth LLC now owns 21,096 shares of the semiconductor company’s stock worth $3,617,000 after acquiring an additional 17,167 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Key Lam Research News

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

Analyst Ratings Changes

Several research firms have recently commented on LRCX. UBS Group set a $300.00 target price on Lam Research in a research report on Thursday, January 29th. Sanford C. Bernstein lifted their price target on Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. The Goldman Sachs Group set a $262.00 price target on Lam Research and gave the company a “buy” rating in a research note on Thursday, January 29th. Summit Insights raised Lam Research from a “hold” rating to a “buy” rating in a report on Thursday, January 29th. Finally, Bank of America increased their price objective on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.35.

View Our Latest Research Report on LRCX

Lam Research Stock Up 6.9%

NASDAQ LRCX opened at $213.66 on Wednesday. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $256.68. The company has a 50 day moving average of $227.18 and a 200-day moving average of $183.68. The company has a market cap of $266.81 billion, a price-to-earnings ratio of 43.78, a PEG ratio of 2.15 and a beta of 1.77.

Lam Research (NASDAQ:LRCXGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter in the prior year, the business posted $0.91 earnings per share. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, equities research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently announced 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. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s dividend payout ratio is 21.31%.

Insider Buying and Selling

In related news, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the transaction, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 130,886 shares of company stock worth $29,658,802. Company insiders own 0.31% of the company’s stock.

Lam Research Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Lam Research (NASDAQ:LRCX)

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