Lam Research (NASDAQ:LRCX) Stock Unloaded Rep. Val T. Hoyle

Key Points

• Representative Val T. Hoyle sold between $1,001 and $15,000 in shares of Lam Research Corporation (NASDAQ:LRCX) on September 23rd, as disclosed in a filing on October 10th.
• Lam Research recently reported Q3 earnings with an EPS of $1.33, beating estimates, and had a 33.6% year-over-year revenue increase at $5.17 billion.
• The company declared a quarterly dividend increase from $0.23 to $0.26 per share, reflecting an annualized dividend of $1.04 and a yield of 0.8%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Lam Research Corporation NASDAQ: LRCX. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Lam Research stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Lam Research Trading Down 6.8%

Shares of NASDAQ:LRCX opened at $131.37 on Friday. The company has a market cap of $165.66 billion, a P/E ratio of 31.58, a PEG ratio of 1.72 and a beta of 1.84. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $153.70. The stock's fifty day moving average price is $114.80 and its 200-day moving average price is $94.46.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.12. The firm had revenue of $5.17 billion for the quarter, compared to the consensus estimate of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The company's quarterly revenue was up 33.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Sell-side analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This is an increase from Lam Research's previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. Lam Research's dividend payout ratio is currently 25.00%.

Institutional Trading of Lam Research

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Natural Investments LLC grew its position in shares of Lam Research by 2.4% during the third quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company's stock worth $456,000 after purchasing an additional 79 shares in the last quarter. Ignite Planners LLC grew its position in shares of Lam Research by 1.9% during the third quarter. Ignite Planners LLC now owns 5,269 shares of the semiconductor company's stock worth $706,000 after purchasing an additional 100 shares in the last quarter. Toth Financial Advisory Corp grew its position in shares of Lam Research by 10.0% during the third quarter. Toth Financial Advisory Corp now owns 1,100 shares of the semiconductor company's stock worth $147,000 after purchasing an additional 100 shares in the last quarter. Bahl & Gaynor Inc. grew its position in shares of Lam Research by 1.9% during the second quarter. Bahl & Gaynor Inc. now owns 5,602 shares of the semiconductor company's stock worth $545,000 after purchasing an additional 102 shares in the last quarter. Finally, BankPlus Wealth Management LLC grew its position in shares of Lam Research by 2.0% during the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company's stock worth $511,000 after purchasing an additional 105 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. B. Riley upped their price target on Lam Research from $130.00 to $160.00 and gave the company a "buy" rating in a report on Wednesday, September 24th. Raymond James Financial upped their price target on Lam Research from $90.00 to $110.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. The Goldman Sachs Group increased their target price on Lam Research from $115.00 to $160.00 and gave the company a "buy" rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft raised Lam Research from a "hold" rating to a "buy" rating and increased their target price for the company from $100.00 to $150.00 in a report on Monday, September 29th. Finally, Stifel Nicolaus increased their target price on Lam Research from $92.00 to $110.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Twenty-three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $121.00.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

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.

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