Lam Research Corporation $LRCX Shares Acquired by Andra AP fonden

Andra AP fonden increased its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 15.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 663,995 shares of the semiconductor company’s stock after buying an additional 87,500 shares during the quarter. Lam Research comprises about 0.9% of Andra AP fonden’s holdings, making the stock its 12th largest position. Andra AP fonden owned approximately 0.05% of Lam Research worth $64,633,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. acquired a new position in shares of Lam Research in the second quarter valued at approximately $26,000. REAP Financial Group LLC purchased a new position in Lam Research in the 2nd quarter valued at $31,000. 1 North Wealth Services LLC acquired a new position in Lam Research in the 1st quarter valued at $36,000. Saudi Central Bank acquired a new position in Lam Research in the 1st quarter valued at $37,000. Finally, Bank of Jackson Hole Trust raised its position in Lam Research by 111.1% during the 2nd quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock worth $37,000 after buying an additional 200 shares during the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Stock Performance

Shares of LRCX stock opened at $165.05 on Thursday. The stock has a fifty day moving average price of $132.60 and a 200 day moving average price of $105.25. The stock has a market cap of $207.31 billion, a PE ratio of 36.35, a P/E/G ratio of 1.68 and a beta of 1.87. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $166.92. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.04. The company had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.Lam Research’s revenue was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Sell-side analysts forecast 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 was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, September 24th. 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 0.6%. Lam Research’s dividend payout ratio (DPR) is presently 22.91%.

Insider Buying and Selling at Lam Research

In other news, Director Bethany Mayer sold 1,298 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the sale, the director directly owned 1,652 shares in the company, valued at $264,303.48. This represents a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ava Harter sold 9,010 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the transaction, the insider directly owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. This trade represents a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 62,498 shares of company stock valued at $8,875,663 over the last quarter. Corporate insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Morgan Stanley boosted their price target on shares of Lam Research from $125.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on Lam Research from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. UBS Group set a $165.00 target price on Lam Research and gave the stock a “buy” rating in a research note on Thursday, October 23rd. The Goldman Sachs Group lifted their price target on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. increased their price objective on Lam Research from $113.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $148.54.

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.