Lam Research Corporation $LRCX Shares Bought by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB increased its stake in Lam Research Corporation (NASDAQ:LRCX) by 8.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 58,191 shares of the semiconductor company’s stock after buying an additional 4,434 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Lam Research were worth $9,961,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC lifted its position in shares of Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares in the last quarter. Caxton Associates LLP purchased a new stake in Lam Research during the 1st quarter worth $239,000. Bank Julius Baer & Co. Ltd Zurich lifted its holdings in Lam Research by 30.2% in the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,330,034 shares of the semiconductor company’s stock worth $227,000 after buying an additional 540,406 shares in the last quarter. Bahl & Gaynor Inc. boosted its position in Lam Research by 1.9% in the 2nd quarter. Bahl & Gaynor Inc. now owns 5,602 shares of the semiconductor company’s stock valued at $545,000 after buying an additional 102 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Lam Research by 34.6% during the second quarter. American Century Companies Inc. now owns 2,203,937 shares of the semiconductor company’s stock valued at $214,531,000 after acquiring an additional 566,479 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. HSBC raised their price objective on Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a research note on Friday, January 30th. KeyCorp reaffirmed a “sector weight” rating on shares of Lam Research in a report on Thursday, January 29th. Citigroup boosted their target price on shares of Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $290.00 price objective (up from $260.00) on shares of Lam Research in a report on Thursday, January 29th. Finally, Citic Securities increased their target price on Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Lam Research Stock Performance

Shares of LRCX stock opened at $233.31 on Tuesday. The company has a market cap of $291.35 billion, a P/E ratio of 47.81, a PEG ratio of 2.46 and a beta of 1.77. The business has a 50 day moving average of $227.18 and a two-hundred day moving average of $179.07. Lam Research Corporation has a 52 week low of $56.32 and a 52 week 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.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $5.34 billion for 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 business’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

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

Insider Buying and Selling at Lam Research

In related news, insider Ava Harter sold 1,500 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total value of $333,990.00. Following the sale, the insider owned 53,205 shares of the company’s stock, valued at $11,846,625.30. This trade represents a 2.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by insiders.

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.