Level Four Advisory Services LLC Boosts Stock Holdings in Lam Research Corporation $LRCX

by · The Cerbat Gem

Level Four Advisory Services LLC raised its holdings in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 8.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 134,432 shares of the semiconductor company’s stock after purchasing an additional 10,816 shares during the quarter. Level Four Advisory Services LLC’s holdings in Lam Research were worth $13,086,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. IMG Wealth Management Inc. purchased a new stake in shares of Lam Research in the second quarter valued at approximately $26,000. REAP Financial Group LLC acquired a new stake in Lam Research in the second quarter valued at $31,000. 1 North Wealth Services LLC purchased a new stake in shares of Lam Research during the 1st quarter worth $36,000. Saudi Central Bank acquired a new position in shares of Lam Research during the 1st quarter worth $37,000. Finally, Bank of Jackson Hole Trust increased its holdings in shares of Lam Research by 111.1% in the 2nd quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 200 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Stock Up 2.1%

Shares of NASDAQ:LRCX opened at $155.14 on Friday. 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 capitalization of $194.86 billion, a P/E ratio of 34.17, a P/E/G ratio of 1.68 and a beta of 1.87. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $167.15. The stock’s fifty day simple moving average is $146.67 and its 200-day simple moving average is $114.07.

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

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Lam Research’s dividend payout ratio is presently 22.91%.

Insider Activity

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the sale, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ava Harter sold 9,010 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total value of $1,418,804.70. Following the transaction, the insider directly owned 56,786 shares in the company, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 102,608 shares of company stock worth $14,916,496 in the last three months. 0.31% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. TD Cowen boosted their price target on Lam Research from $145.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Zacks Research downgraded Lam Research from a “strong-buy” rating to a “hold” rating in a research report on Monday. Needham & Company LLC upped their target price on Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Wells Fargo & Company lifted their price target on Lam Research from $135.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 23rd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $170.00 price objective on shares of Lam Research in a research report on Thursday, October 23rd. Twenty-six investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $152.17.

Read Our Latest Report on LRCX

About Lam Research

(Free Report)

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.

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