Carderock Capital Management Inc. Sells 15,434 Shares of Lam Research Corporation $LRCX

Carderock Capital Management Inc. decreased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 12.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,936 shares of the semiconductor company’s stock after selling 15,434 shares during the quarter. Lam Research makes up approximately 4.4% of Carderock Capital Management Inc.’s holdings, making the stock its 2nd largest holding. Carderock Capital Management Inc.’s holdings in Lam Research were worth $18,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Diversified Trust Co. boosted its position in Lam Research by 9.4% during the 4th quarter. Diversified Trust Co. now owns 34,912 shares of the semiconductor company’s stock worth $5,976,000 after purchasing an additional 2,990 shares during the period. Affinity Capital Advisors LLC raised its position in Lam Research by 23.1% in the fourth quarter. Affinity Capital Advisors LLC now owns 2,656 shares of the semiconductor company’s stock valued at $455,000 after purchasing an additional 498 shares during the period. 180 Wealth Advisors LLC raised its position in Lam Research by 17.2% in the fourth quarter. 180 Wealth Advisors LLC now owns 28,475 shares of the semiconductor company’s stock valued at $4,874,000 after purchasing an additional 4,173 shares during the period. Dynamic Advisor Solutions LLC lifted its stake in shares of Lam Research by 8.1% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 16,638 shares of the semiconductor company’s stock worth $2,848,000 after purchasing an additional 1,252 shares in the last quarter. Finally, PMV Capital Advisers LLC acquired a new position in shares of Lam Research during the fourth quarter worth about $25,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Cantor Fitzgerald restated an “overweight” rating and issued a $320.00 price target (up from $265.00) on shares of Lam Research in a report on Thursday, January 29th. Susquehanna set a $325.00 price objective on shares of Lam Research and gave the company a “positive” rating in a research note on Thursday, January 29th. Needham & Company LLC boosted their target price on shares of Lam Research from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Sanford C. Bernstein raised their price target on shares of Lam Research from $275.00 to $285.00 and gave the company an “outperform” rating in a report on Monday, February 9th. 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $245.35.

Insider Buying and Selling at Lam Research

In related news, insider Ava Harter sold 4,000 shares of Lam Research 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 sale, the insider directly owned 54,705 shares in the company, valued at $12,718,912.50. The trade was a 6.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 transaction of $7,896,000.00. Following the sale, the director owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 130,886 shares of company stock valued at $29,658,802 in the last ninety days. Company insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

Shares of Lam Research stock opened at $233.31 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $256.68. The firm’s 50-day simple moving average is $227.18 and its 200-day simple moving average is $179.07. The firm has a market cap of $291.35 billion, a PE ratio of 47.81, a price-to-earnings-growth ratio of 2.46 and a beta of 1.77.

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

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be given a $0.26 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.4%. Lam Research’s dividend payout ratio (DPR) is currently 21.31%.

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.