Wealthcare Advisory Partners LLC Has $7.22 Million Stock Holdings in Lam Research Corporation $LRCX

Wealthcare Advisory Partners LLC decreased its position in Lam Research Corporation (NASDAQ:LRCX) by 20.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 42,191 shares of the semiconductor company’s stock after selling 10,690 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Lam Research were worth $7,222,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LRCX. Pallas Capital Advisors LLC increased its holdings in shares of Lam Research by 7.4% in the fourth quarter. Pallas Capital Advisors LLC now owns 7,731 shares of the semiconductor company’s stock worth $1,323,000 after acquiring an additional 534 shares in the last quarter. Elevatus Welath Management increased its stake in Lam Research by 40.5% during the 4th quarter. Elevatus Welath Management now owns 2,694 shares of the semiconductor company’s stock worth $461,000 after purchasing an additional 777 shares in the last quarter. EdgeRock Capital LLC bought a new stake in Lam Research during the 4th quarter worth approximately $211,000. Accurate Wealth Management LLC raised its holdings in Lam Research by 8.5% during the 4th quarter. Accurate Wealth Management LLC now owns 15,523 shares of the semiconductor company’s stock worth $2,657,000 after buying an additional 1,215 shares during the period. Finally, JFS Wealth Advisors LLC lifted its stake in Lam Research by 26.2% in the fourth quarter. JFS Wealth Advisors LLC now owns 1,056 shares of the semiconductor company’s stock valued at $181,000 after buying an additional 219 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

LRCX has been the subject of several research reports. TD Cowen increased their price objective on shares of Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. B. Riley Financial reiterated a “buy” rating on shares of Lam Research in a report on Thursday, January 15th. Sanford C. Bernstein lifted their price target on Lam Research from $275.00 to $285.00 and gave the company an “outperform” rating in a research note on Monday, February 9th. Argus increased their price objective on Lam Research from $175.00 to $280.00 in a report on Tuesday, February 3rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Lam Research in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and an average price target of $245.35.

Lam Research Trading Down 0.1%

Shares of Lam Research stock opened at $211.41 on Friday. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $256.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $227.81 and its 200-day moving average is $181.88. The stock has a market cap of $264.00 billion, a P/E ratio of 43.32, a P/E/G ratio of 2.27 and a beta of 1.77.

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

Lam Research Announces Dividend

The company 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 $0.26 dividend. This represents a $1.04 dividend on an annualized basis 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 presently 21.31%.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 1,500 shares of Lam Research stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the transaction, the insider 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the sale, the director directly owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 130,886 shares of company stock worth $29,658,802. 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.