Forsta AP Fonden Has $39.06 Million Stock Holdings in Lam Research Corporation $LRCX

Forsta AP Fonden increased its position in Lam Research Corporation (NASDAQ:LRCX) by 0.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 401,300 shares of the semiconductor company’s stock after purchasing an additional 2,500 shares during the quarter. Forsta AP Fonden’s holdings in Lam Research were worth $39,063,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of LRCX. IMG Wealth Management Inc. bought a new position in shares of Lam Research during the 2nd quarter worth approximately $26,000. REAP Financial Group LLC acquired a new stake in Lam Research during the 2nd quarter valued at $31,000. 1 North Wealth Services LLC acquired a new stake in Lam Research during the 1st quarter valued at $36,000. Saudi Central Bank bought a new position in Lam Research during the first quarter worth $37,000. Finally, Bank of Jackson Hole Trust increased its holdings in shares of Lam Research by 111.1% in the second 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 during the last quarter. Institutional investors own 84.61% of the company’s stock.

Insiders Place Their Bets

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total value of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction on 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 completion of the transaction, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. The trade was a 13.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 62,528 shares of company stock worth $8,880,448 over the last three months. Insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

LRCX opened at $159.18 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $167.15. The firm has a market cap of $199.93 billion, a P/E ratio of 35.06, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. The business’s fifty day moving average is $137.51 and its 200-day moving average is $108.19.

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

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders 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 yield of 0.7%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s payout ratio is currently 22.91%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on LRCX. Cowen restated a “buy” rating on shares of Lam Research in a research note on Thursday, October 23rd. Citigroup raised their price objective on shares of Lam Research from $120.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group increased their target price on Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. KeyCorp lifted their price target on Lam Research from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Tuesday, July 15th. Finally, Erste Group Bank initiated coverage on Lam Research in a research note on Thursday, August 14th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $148.54.

About Lam Research

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.