CWA Asset Management Group LLC Purchases 22,171 Shares of Lam Research Corporation $LRCX

CWA Asset Management Group LLC lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 87.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,597 shares of the semiconductor company’s stock after purchasing an additional 22,171 shares during the quarter. CWA Asset Management Group LLC’s holdings in Lam Research were worth $6,373,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sava Infond d.o.o. lifted its stake in Lam Research by 3.1% in the 2nd quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock worth $7,325,000 after purchasing an additional 2,250 shares in the last quarter. Horizon Bancorp Inc. IN bought a new stake in shares of Lam Research in the second quarter worth about $389,000. Empowered Funds LLC lifted its position in shares of Lam Research by 10.5% in the first quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock worth $13,629,000 after buying an additional 17,833 shares in the last quarter. Genus Capital Management Inc. purchased a new stake in shares of Lam Research in the second quarter worth about $14,476,000. Finally, Diversified Trust Co boosted its stake in Lam Research by 34.4% during the third quarter. Diversified Trust Co now owns 31,922 shares of the semiconductor company’s stock valued at $4,274,000 after buying an additional 8,172 shares during the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Stock Performance

Shares of NASDAQ:LRCX opened at $185.06 on Monday. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $185.78. The company has a market capitalization of $232.44 billion, a price-to-earnings ratio of 40.76, a PEG ratio of 2.14 and a beta of 1.77. The firm’s 50-day moving average is $161.34 and its 200 day moving average is $129.39.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same quarter in the previous year, the business earned $0.86 earnings per share. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Research analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is 22.91%.

Wall Street Analysts Forecast Growth

LRCX has been the topic of several recent research reports. Citigroup upped their price objective on Lam Research from $175.00 to $190.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Stifel Nicolaus set a $160.00 price target on shares of Lam Research and gave the company a “buy” rating in a research note on Thursday, October 23rd. Wells Fargo & Company increased their price objective on shares of Lam Research from $135.00 to $145.00 and gave the company an “equal weight” rating in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Lam Research from $160.00 to $195.00 and gave the stock a “buy” rating in a report on Friday, December 19th. Finally, HSBC set a $127.00 price target on shares of Lam Research and gave the company a “hold” rating in a report on Tuesday, September 30th. Twenty-six equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.21.

Insider Activity at Lam Research

In other news, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction on 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 sale, the senior vice president directly owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, the chief financial officer directly owned 987,237 shares in the company, valued at $148,677,892.20. This represents a 3.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 102,608 shares of company stock valued at $14,916,496 over the last ninety days. Company 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.