Eurizon Capital SGR S.p.A. Buys New Position in Lam Research Corporation $LRCX

Eurizon Capital SGR S.p.A. bought a new stake in Lam Research Corporation (NASDAQ:LRCX) during the fourth quarter, HoldingsChannel.com reports. The fund bought 1,300,500 shares of the semiconductor company’s stock, valued at approximately $223,163,000. Lam Research makes up about 0.7% of Eurizon Capital SGR S.p.A.’s investment portfolio, making the stock its 25th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Hillsdale Investment Management Inc. raised its position in Lam Research by 136.8% in the 4th quarter. Hillsdale Investment Management Inc. now owns 21,740 shares of the semiconductor company’s stock valued at $3,721,000 after buying an additional 12,560 shares during the last quarter. Fideuram Asset Management Ireland dac acquired a new stake in Lam Research in the 4th quarter valued at approximately $10,035,000. Principia Wealth Advisory LLC raised its position in Lam Research by 864.8% in the 4th quarter. Principia Wealth Advisory LLC now owns 685 shares of the semiconductor company’s stock valued at $117,000 after buying an additional 614 shares during the last quarter. Basepoint Wealth LLC acquired a new stake in Lam Research in the 4th quarter valued at approximately $56,000. Finally, Rothschild Investment LLC raised its position in Lam Research by 4.3% in the 4th quarter. Rothschild Investment LLC now owns 6,453 shares of the semiconductor company’s stock valued at $1,105,000 after buying an additional 264 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Key Lam Research News

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Lam Research hit a new 12-month high, reinforcing strong momentum in the shares and signaling continued investor demand for semiconductor equipment stocks.
• Positive Sentiment: Mizuho Securities reiterated its Buy rating on Lam Research, which supports the stock’s bullish trading tone.
• Positive Sentiment: Options activity showed unusually heavy interest in Lam Research, with investors reportedly favoring short put positions, a sign some traders expect the stock to hold up or rise further.
• Positive Sentiment: Broader semiconductor commentary remained constructive, as Applied Materials’ CEO said AI-driven demand is creating the strongest period ever for the chip equipment industry, a favorable backdrop for Lam Research.
• Neutral Sentiment: Recent articles noted Lam Research’s strong technical run and high valuation, suggesting momentum is powerful but the stock may be vulnerable to volatility if expectations cool.
• Negative Sentiment: Some market commentary questioned whether the semiconductor rally is getting ahead of fundamentals, warning that chip stocks could face a pullback if the current “supercycle” narrative weakens.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Berenberg Bank lifted their target price on Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Wells Fargo & Company boosted their price target on Lam Research from $290.00 to $320.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. BNP Paribas Exane boosted their price target on Lam Research from $250.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Finally, Morgan Stanley raised Lam Research from an “underweight” rating to an “overweight” rating and boosted their price target for the stock from $293.00 to $331.00 in a research report on Monday, May 18th. Twenty-seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.07.

Insider Transactions at Lam Research

In other news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. This represents a 21.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is owned by company insiders.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $318.18 on Friday. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a 12 month low of $79.49 and a 12 month high of $333.33. The stock has a 50 day moving average of $263.88 and a 200-day moving average of $220.80. The company has a market capitalization of $397.91 billion, a P/E ratio of 60.03, a P/E/G ratio of 2.63 and a beta of 1.81.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the previous year, the company posted $1.04 EPS. The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities research analysts predict that Lam Research Corporation will post 5.67 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s payout ratio is currently 19.62%.

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.