FourThought Financial Partners LLC Lowers Stock Position in Lam Research Corporation $LRCX

FourThought Financial Partners LLC reduced its holdings in Lam Research Corporation (NASDAQ:LRCX) by 11.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,638 shares of the semiconductor company’s stock after selling 4,467 shares during the quarter. FourThought Financial Partners LLC’s holdings in Lam Research were worth $3,274,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Associated Banc Corp boosted its position in shares of Lam Research by 0.5% in the 2nd quarter. Associated Banc Corp now owns 968,302 shares of the semiconductor company’s stock worth $94,255,000 after buying an additional 4,912 shares in the last quarter. Advisors Asset Management Inc. grew its position in shares of Lam Research by 15.5% in the second quarter. Advisors Asset Management Inc. now owns 74,899 shares of the semiconductor company’s stock valued at $7,291,000 after purchasing an additional 10,029 shares during the last quarter. Columbia Bank increased its stake in shares of Lam Research by 3.0% during the 2nd quarter. Columbia Bank now owns 44,600 shares of the semiconductor company’s stock worth $4,452,000 after purchasing an additional 1,290 shares in the last quarter. Laurel Wealth Advisors LLC increased its stake in shares of Lam Research by 9,634.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 49,644 shares of the semiconductor company’s stock worth $4,832,000 after purchasing an additional 49,134 shares in the last quarter. Finally, One Charles Private Wealth Services LLC raised its position in shares of Lam Research by 347.5% during the 2nd quarter. One Charles Private Wealth Services LLC now owns 17,900 shares of the semiconductor company’s stock worth $1,742,000 after purchasing an additional 13,900 shares during the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Lam Research

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction dated 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the transaction, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 102,608 shares of company stock worth $14,916,496 in the last quarter. 0.31% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the company. The Goldman Sachs Group boosted their price target on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Raymond James Financial lifted their price objective on Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Evercore ISI upped their target price on Lam Research from $115.00 to $170.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Berenberg Bank increased their target price on Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Stifel Nicolaus set a $160.00 price target on Lam Research and gave the company a “buy” rating in a report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.84.

Lam Research Stock Performance

Shares of NASDAQ:LRCX opened at $150.38 on Tuesday. The business’s 50-day simple moving average is $144.80 and its 200 day simple moving average is $112.96. The company has a market cap of $188.88 billion, a P/E ratio of 33.12, a PEG ratio of 1.68 and a beta of 1.87. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. Lam Research Corporation has a one year low of $56.32 and a one year high of $167.15.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. The business had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The business’s revenue was up 27.7% on a year-over-year basis. During the same period last year, the business earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, 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 firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Lam Research’s payout ratio is 22.91%.

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.