Jefferies Financial Group Inc. Grows Stock Holdings in Lam Research Corporation $LRCX

Jefferies Financial Group Inc. lifted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 164.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,033 shares of the semiconductor company’s stock after acquiring an additional 9,345 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Lam Research were worth $1,463,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. IMG Wealth Management Inc. purchased a new stake in Lam Research in the second quarter valued at $26,000. REAP Financial Group LLC purchased a new position in shares of Lam Research during the 2nd quarter valued at about $31,000. Bank of Jackson Hole Trust lifted its holdings in shares of Lam Research by 111.1% in the 2nd quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 200 shares during the period. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Lam Research in the second quarter worth about $38,000. Finally, Hilltop National Bank acquired a new stake in Lam Research during the second quarter worth about $38,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other news, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the transaction, the director owned 1,652 shares in the company, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $138.90, for a total value of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares of the company’s stock, valued at $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 102,608 shares of company stock valued at $14,916,496. 0.31% of the stock is owned by corporate insiders.

Lam Research Trading Up 2.1%

Shares of NASDAQ:LRCX opened at $155.14 on Thursday. The business’s 50 day moving average price is $146.09 and its 200-day moving average price is $113.79. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $167.15. The firm has a market capitalization of $194.86 billion, a price-to-earnings ratio of 34.17, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The company had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The firm’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, equities research analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be paid a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on LRCX shares. Summit Insights downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, July 31st. Sanford C. Bernstein raised their price objective on shares of Lam Research from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, November 21st. BNP Paribas Exane boosted their target price on shares of Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. The Goldman Sachs Group increased their price target on shares of Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. Finally, Erste Group Bank started coverage on shares of Lam Research in a research report on Thursday, August 14th. They set a “buy” rating on the stock. Twenty-six research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $152.17.

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.