CWA Asset Management Group LLC Has $8.60 Million Stock Position in Lam Research Corporation $LRCX

CWA Asset Management Group LLC increased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,210 shares of the semiconductor company’s stock after acquiring an additional 2,613 shares during the period. CWA Asset Management Group LLC’s holdings in Lam Research were worth $8,595,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of LRCX. Brighton Jones LLC increased its holdings in shares of Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 12,936 shares during the period. Caxton Associates LLP acquired a new stake in shares of Lam Research during the first quarter worth approximately $239,000. Ensign Peak Advisors Inc grew its position in Lam Research by 63.4% during the second quarter. Ensign Peak Advisors Inc now owns 1,003,847 shares of the semiconductor company’s stock valued at $97,714,000 after purchasing an additional 389,536 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its stake 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 valued at $227,000 after buying an additional 540,406 shares during the period. Finally, ABN AMRO Bank N.V. purchased a new stake in Lam Research in the 2nd quarter worth approximately $1,202,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on LRCX shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, January 29th. New Street Research lifted their price objective on Lam Research from $195.00 to $235.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. UBS Group set a $300.00 target price on Lam Research in a research note on Thursday, January 29th. HSBC raised their price target on Lam Research from $181.00 to $221.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. Finally, Bank of America lifted their price target on Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $245.35.

Insider Activity

In other Lam Research news, insider Ava Harter sold 1,500 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total value of $333,990.00. Following the transaction, the insider directly owned 53,205 shares of the company’s stock, valued at $11,846,625.30. The trade was a 2.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Eric Brandt sold 35,000 shares of the stock in a transaction that occurred 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 sale, the director directly owned 253,705 shares of the company’s stock, valued at $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 130,886 shares of company stock valued at $29,658,802. 0.31% of the stock is owned by insiders.

Lam Research Stock Down 2.4%

Shares of Lam Research stock opened at $228.36 on Friday. Lam Research Corporation has a 12-month low of $56.32 and a 12-month 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. The stock has a 50 day moving average price of $226.92 and a two-hundred day moving average price of $177.01. The stock has a market capitalization of $285.17 billion, a P/E ratio of 46.80, a PEG ratio of 2.52 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. Lam Research’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The company also recently declared 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 is Wednesday, March 4th. Lam Research’s dividend payout ratio is 21.31%.

About Lam Research

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.