Lam Research Corporation $LRCX Stock Position Increased by Capital Research Global Investors

Capital Research Global Investors lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 0.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,642,429 shares of the semiconductor company’s stock after buying an additional 9,148 shares during the period. Capital Research Global Investors’ holdings in Lam Research were worth $452,331,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. PMV Capital Advisers LLC bought a new stake in shares of Lam Research in the 4th quarter worth $25,000. Stance Capital LLC bought a new stake in shares of Lam Research in the 3rd quarter worth $26,000. Triumph Capital Management bought a new stake in shares of Lam Research in the 3rd quarter worth $27,000. Core Wealth Advisors LLC bought a new stake in shares of Lam Research in the 4th quarter worth $29,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of Lam Research in the 2nd quarter worth $29,000. Institutional investors own 84.61% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares in the company, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the transaction, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 31,839 shares of company stock worth $8,561,667 over the last 90 days. Insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $303.28 on Monday. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $379.27 billion, a price-to-earnings ratio of 57.22, a PEG ratio of 2.51 and a beta of 1.85. The stock’s fifty day simple moving average is $273.22 and its 200 day simple moving average is $227.27. Lam Research Corporation has a 52-week low of $85.86 and a 52-week high of $346.19.

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

Lam Research Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s payout ratio is presently 19.62%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LRCX shares. Morgan Stanley raised Lam Research from an “underweight” rating to an “overweight” rating and boosted their price objective for the stock from $293.00 to $331.00 in a research note on Monday, May 18th. Cantor Fitzgerald reissued an “overweight” rating and issued a $320.00 price objective on shares of Lam Research in a research note on Thursday, April 23rd. New Street Research boosted their price objective on Lam Research from $235.00 to $280.00 and gave the stock a “neutral” rating in a research note on Monday, April 27th. BNP Paribas Exane boosted their price objective on Lam Research from $250.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Finally, Susquehanna boosted their price objective on Lam Research from $350.00 to $385.00 and gave the stock a “positive” rating in a research note on Thursday, April 23rd. Twenty-seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus price target of $303.30.

Key Lam Research News

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

• Positive Sentiment: Analysts and hedge fund commentary remain constructive on Lam Research, viewing it as a wide-moat leader in semiconductor equipment with meaningful upside potential as chipmakers keep investing in advanced manufacturing. What Do Analysts Say About Lam Research (LRCX)’s Earnings Outlook?
• Positive Sentiment: Investor commentary also points to Lam Research’s growing importance in essential chip manufacturing, reinforcing the view that demand for its tools should stay strong if semiconductor capex continues to rise. Lam Research Corp (LRCX): Increasing Dependence on Essential Chip Manufacturing
• Neutral Sentiment: One bullish article argues Lam Research is still a buy because of its wide moat and leadership position, but it also warns that the stock is trading at a rich valuation, which may limit near-term upside. Lam Research: A Wide-Moat Equipment Leader That I Rate A Buy – Despite A Rich Valuation
• Negative Sentiment: Recent market commentary noted that LRCX slipped even as the broader market rose, suggesting some investors are taking profits after the stock’s strong move higher. Lam Research (LRCX) Stock Slides as Market Rises: Facts to Know Before You Trade

Lam Research Profile

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.