Delphi Management Inc. MA Has $1.33 Million Holdings in Lam Research Corporation $LRCX

Delphi Management Inc. MA lessened its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 38.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,763 shares of the semiconductor company’s stock after selling 4,750 shares during the period. Delphi Management Inc. MA’s holdings in Lam Research were worth $1,329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PMV Capital Advisers LLC acquired a new position in shares of Lam Research in the 4th quarter valued at about $25,000. Stance Capital LLC acquired a new position in shares of Lam Research in the 3rd quarter valued at about $26,000. Howard Hughes Medical Institute acquired a new position in shares of Lam Research in the 2nd quarter valued at about $27,000. Triumph Capital Management acquired a new position in shares of Lam Research in the 3rd quarter valued at about $27,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in shares of Lam Research in the 2nd quarter valued at about $29,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Up 1.0%

LRCX opened at $220.65 on Tuesday. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $256.68. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $275.54 billion, a price-to-earnings ratio of 45.22, a P/E/G ratio of 2.35 and a beta of 1.78. The business has a 50 day moving average of $226.97 and a 200-day moving average of $186.44.

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

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be given a $0.26 dividend. This represents a $1.04 annualized dividend 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 currently 21.31%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Evercore set a $275.00 target price on Lam Research in a report on Thursday, January 29th. Rothschild & Co Redburn upped their target price on Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a report on Friday, February 6th. Morgan Stanley upped their target price on Lam Research from $254.00 to $260.00 and gave the company an “equal weight” rating in a report on Monday. B. Riley Financial reiterated a “buy” rating on shares of Lam Research in a report on Thursday, January 15th. Finally, Erste Group Bank downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $245.54.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 4,000 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total value of $930,000.00. Following the completion of the transaction, the insider directly owned 54,705 shares in the company, valued at approximately $12,718,912.50. This represents a 6.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction 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 transaction, the director owned 253,705 shares of the company’s stock, valued at $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. Over the last ninety days, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by corporate 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.