Private Advisory Group LLC Has $3.04 Million Stock Position in Lam Research Corporation $LRCX

Private Advisory Group LLC grew its stake in Lam Research Corporation (NASDAQ:LRCX) by 837.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,746 shares of the semiconductor company’s stock after acquiring an additional 15,852 shares during the quarter. Private Advisory Group LLC’s holdings in Lam Research were worth $3,038,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership boosted its position in Lam Research by 781.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after acquiring an additional 10,053,978 shares during the last quarter. Invesco Ltd. boosted its holdings in Lam Research by 18.2% during the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after purchasing an additional 3,263,658 shares during the last quarter. California Public Employees Retirement System grew its position in Lam Research by 108.7% in the third quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock valued at $606,045,000 after purchasing an additional 2,356,897 shares in the last quarter. AQR Capital Management LLC increased its stake in Lam Research by 138.6% in the 3rd quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock valued at $472,294,000 after buying an additional 2,056,749 shares during the last quarter. Finally, Caisse de depot et placement du Quebec increased its stake in Lam Research by 164.0% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 2,568,579 shares of the semiconductor company’s stock valued at $343,933,000 after buying an additional 1,595,759 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Buying and Selling at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction 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 $57,235,848. This trade represents a 12.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Ava Harter sold 4,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $232.50, for a total transaction of $930,000.00. Following the transaction, the insider owned 54,705 shares of the company’s stock, valued at approximately $12,718,912.50. The trade was a 6.81% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 130,886 shares of company stock worth $29,658,802. Corporate insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

Shares of Lam Research stock opened at $211.41 on Monday. The stock has a market cap of $264.00 billion, a price-to-earnings ratio of 43.32, a P/E/G ratio of 2.28 and a beta of 1.77. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $256.68. The company’s fifty day moving average is $227.81 and its 200 day moving average is $182.41. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

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

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s payout ratio is currently 21.31%.

Wall Street Analyst Weigh In

LRCX has been the subject of a number of research reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $290.00 target price (up from $260.00) on shares of Lam Research in a research note on Thursday, January 29th. Wells Fargo & Company lifted their target price on Lam Research from $250.00 to $290.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. TD Cowen boosted their target price on shares of Lam Research from $170.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. HSBC raised their price target on shares of Lam Research from $181.00 to $221.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $200.00 price objective (up from $175.00) on shares of Lam Research in a report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and an average price target of $245.35.

Lam Research 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.