Generali Asset Management SPA SGR Has $11.13 Million Stock Position in Lam Research Corporation $LRCX

Generali Asset Management SPA SGR reduced its holdings in Lam Research Corporation (NASDAQ:LRCX) by 29.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 114,369 shares of the semiconductor company’s stock after selling 48,135 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Lam Research were worth $11,133,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Empowered Funds LLC increased its stake in Lam Research by 10.5% in the first quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock valued at $13,629,000 after purchasing an additional 17,833 shares in the last quarter. Pinnacle Financial Partners Inc bought a new stake in Lam Research in the 1st quarter valued at about $201,000. Cookson Peirce & Co. Inc. acquired a new position in Lam Research during the 1st quarter worth approximately $607,000. China Universal Asset Management Co. Ltd. grew its stake in Lam Research by 27.1% in the first quarter. China Universal Asset Management Co. Ltd. now owns 49,505 shares of the semiconductor company’s stock valued at $3,607,000 after acquiring an additional 10,565 shares during the period. Finally, Glass Wealth Management Co LLC increased its holdings in shares of Lam Research by 8.5% during the second quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock valued at $2,810,000 after acquiring an additional 2,270 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Insider Activity at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the sale, the senior vice president owned 251,047 shares in the company, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.31% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. B. Riley increased their target price on Lam Research from $130.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, September 24th. Wells Fargo & Company raised their price objective on shares of Lam Research from $98.00 to $135.00 and gave the company an “equal weight” rating in a research note on Thursday, October 2nd. UBS Group lifted their price objective on shares of Lam Research from $95.00 to $120.00 and gave the company a “buy” rating in a report on Monday, July 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Lam Research from a “hold” rating to a “buy” rating and upped their target price for the stock from $100.00 to $150.00 in a report on Monday, September 29th. Finally, Erste Group Bank assumed coverage on shares of Lam Research in a research report on Thursday, August 14th. They issued a “buy” rating on the stock. Twenty-three equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $123.80.

Lam Research Trading Up 0.4%

NASDAQ:LRCX opened at $138.31 on Wednesday. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $153.70. The firm has a 50-day moving average price of $116.42 and a two-hundred day moving average price of $95.48. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The firm has a market cap of $174.41 billion, a price-to-earnings ratio of 33.25, a price-to-earnings-growth ratio of 1.67 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, topping 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 revenue was up 33.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

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

Lam Research 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.