SS&H Financial Advisors Inc. Lowers Stock Holdings in Lam Research Corporation $LRCX

SS&H Financial Advisors Inc. decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.1% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,160 shares of the semiconductor company’s stock after selling 1,750 shares during the quarter. SS&H Financial Advisors Inc.’s holdings in Lam Research were worth $2,644,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. IMG Wealth Management Inc. purchased a new position in shares of Lam Research during the 2nd quarter valued at $26,000. REAP Financial Group LLC purchased a new position in shares of Lam Research during the 2nd quarter valued at $31,000. 1 North Wealth Services LLC purchased a new position in shares of Lam Research during the 1st quarter valued at $36,000. Rossby Financial LCC purchased a new position in shares of Lam Research during the 1st quarter valued at $37,000. Finally, Saudi Central Bank purchased a new position in shares of Lam Research during the 1st quarter valued at $37,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Transactions at Lam Research

In other news, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares in the company, valued at $8,942,091.42. The trade was a 13.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction dated Monday, October 13th. The stock was 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 owned 251,047 shares in the company, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

Lam Research stock opened at $157.46 on Friday. The company’s 50-day moving average price is $129.13 and its 200-day moving average price is $103.22. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $165.22. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The company has a market cap of $197.77 billion, a PE ratio of 34.68, a price-to-earnings-growth ratio of 1.68 and a beta of 1.84.

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

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th were issued a $0.26 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date was Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. Lam Research’s payout ratio is presently 22.91%.

Wall Street Analyst Weigh In

LRCX has been the topic of a number of analyst reports. Summit Insights cut shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. HSBC set a $127.00 price target on shares of Lam Research and gave the stock a “hold” rating in a research note on Tuesday, September 30th. Barclays set a $142.00 price target on shares of Lam Research and gave the stock an “equal weight” rating in a research note on Monday, October 20th. Dbs Bank boosted their price target on shares of Lam Research from $119.40 to $184.20 in a research note on Monday, October 27th. Finally, Wall Street Zen upgraded shares of Lam Research from a “hold” rating to a “buy” rating in a research note on Saturday, October 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $148.54.

Lam Research Company Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.