Commerzbank Aktiengesellschaft FI Reduces Position in Lam Research Corporation $LRCX

Commerzbank Aktiengesellschaft FI reduced its holdings in Lam Research Corporation (NASDAQ:LRCX) by 1.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,907 shares of the semiconductor company’s stock after selling 128 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Lam Research were worth $1,160,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. BankPlus Wealth Management LLC raised its position in 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 acquiring an additional 105 shares during the period. ORG Partners LLC increased its position in Lam Research by 7.3% during the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock worth $162,000 after purchasing an additional 114 shares during the last quarter. Fairvoy Private Wealth LLC increased its position in Lam Research by 3.0% during the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock worth $407,000 after purchasing an additional 120 shares during the last quarter. Abundance Wealth Counselors increased its position in Lam Research by 1.1% during the second quarter. Abundance Wealth Counselors now owns 11,537 shares of the semiconductor company’s stock worth $1,123,000 after purchasing an additional 124 shares during the last quarter. Finally, First Pacific Financial increased its position in Lam Research by 7.7% during the second quarter. First Pacific Financial now owns 1,766 shares of the semiconductor company’s stock worth $172,000 after purchasing an additional 126 shares during the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Stock Down 6.8%

Shares of Lam Research stock opened at $131.37 on Friday. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $153.70. The company has a 50 day moving average of $114.80 and a 200 day moving average of $94.46. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $165.66 billion, a P/E ratio of 31.58, a P/E/G ratio of 1.72 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The company had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The firm’s quarterly revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, research analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be paid a $0.26 dividend. 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 yield of 0.8%. The ex-dividend date is Wednesday, September 24th. Lam Research’s payout ratio is presently 25.00%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Summit Insights cut shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, July 31st. Needham & Company LLC lifted their price target on shares of Lam Research from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Argus lifted their price target on shares of Lam Research from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Wall Street Zen upgraded shares of Lam Research from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. Finally, Stifel Nicolaus raised their price objective on shares of Lam Research from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Twenty-three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and an average price target of $121.00.

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.