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

E. Ohman J or Asset Management AB reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 3.9% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,921 shares of the semiconductor company’s stock after selling 2,270 shares during the period. E. Ohman J or Asset Management AB’s holdings in Lam Research were worth $11,948,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in LRCX. Triumph Capital Management lifted its holdings in shares of Lam Research by 22.5% in the 4th quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 45 shares during the last quarter. Traphagen Investment Advisors LLC grew its stake in Lam Research by 2.4% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after buying an additional 46 shares during the last quarter. Bank of Jackson Hole Trust increased its position in Lam Research by 12.6% in the fourth quarter. Bank of Jackson Hole Trust now owns 428 shares of the semiconductor company’s stock worth $73,000 after buying an additional 48 shares during the period. Field & Main Bank increased its position in Lam Research by 1.1% in the fourth quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock worth $790,000 after buying an additional 50 shares during the period. Finally, Capital Advisors Ltd. LLC increased its position in Lam Research by 1.1% in the fourth quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock worth $795,000 after buying an additional 51 shares during the period. 84.61% of the stock is owned by institutional investors.

Lam Research News Summary

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

• Positive Sentiment: Analysts and market commentary continue to highlight Lam Research as a key winner from the AI infrastructure buildout, with reports suggesting its wafer-fab equipment opportunity may be larger than expected. Lam Research Corporation (LRCX)’s WFE Opportunity May Be Bigger Than Expected
• Positive Sentiment: Oppenheimer raised its price target on LRCX to $400 from $330 and reiterated an Outperform rating, reinforcing the view that AI-related demand can drive further growth. Lam Research Corporation (LRCX)’s WFE Opportunity May Be Bigger Than Expected
• Positive Sentiment: Zacks noted LRCX jumped on above-average volume and said improving earnings estimate revisions could support more near-term upside. Lam Research (LRCX) Moves 4.0% Higher: Will This Strength Last?
• Positive Sentiment: Coverage from GuruFocus highlighted LRCX’s strong profitability and recent 4% share gain, which may be encouraging momentum investors. Lam Research Corp (LRCX) Shares Surge 4.0% — What GF Score of 85 Tells Investors
• Neutral Sentiment: Several articles framed LRCX as an attractive stock on momentum and profitability grounds, but these were largely descriptive and did not introduce a major new catalyst. Are You Looking for a Top Momentum Pick? Why Lam Research (LRCX) is a Great Choice
• Negative Sentiment: Some comparative coverage argued Texas Instruments may be a better semiconductor buy than Lam Research due to valuation and growth visibility, which could temper enthusiasm at the margin. TXN vs. LRCX: Which Semiconductor Stock Is the Better Buy Right Now?
• Negative Sentiment: Fresh put-option activity in LRCX suggests some traders are hedging or betting on downside after the rally. Stock Traders Buy High Volume of Put Options on Lam Research (NASDAQ:LRCX)

Lam Research Stock Performance

Shares of LRCX stock opened at $389.04 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. Lam Research Corporation has a 1 year low of $87.75 and a 1 year high of $401.00. The stock has a fifty day moving average of $301.75 and a two-hundred day moving average of $241.57. The firm has a market capitalization of $486.52 billion, a PE ratio of 73.40, a price-to-earnings-growth ratio of 3.21 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same period last year, the company earned $1.04 earnings per share. The company’s quarterly revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts expect that Lam Research Corporation will post 5.7 EPS for the current year.

Lam Research Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio is currently 19.62%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LRCX. Berenberg Bank boosted their price target on shares of Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Weiss Ratings downgraded shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Royal Bank Of Canada boosted their target price on shares of Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Finally, UBS Group restated a “buy” rating and issued a $375.00 target price (up from $310.00) on shares of Lam Research in a research report on Tuesday, June 9th. Twenty-eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average target price of $333.62.

Insider Buying and Selling at Lam Research

In other news, insider Ava Harter sold 6,010 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. This represents a 21.55% decrease in their position. 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. In the last 90 days, insiders have sold 86,339 shares of company stock valued at $27,680,267. Company insiders own 0.31% of the company’s stock.

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.