KBC Group NV Has $82.65 Million Position in Lam Research Corporation $LRCX

KBC Group NV raised its position in Lam Research Corporation (NASDAQ:LRCX) by 6.0% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 849,039 shares of the semiconductor company’s stock after buying an additional 48,336 shares during the period. KBC Group NV’s holdings in Lam Research were worth $82,645,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in LRCX. Jupiter Asset Management Ltd. raised its holdings in Lam Research by 971.9% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 766,339 shares of the semiconductor company’s stock worth $74,595,000 after purchasing an additional 694,848 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Lam Research by 3.4% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 898,951 shares of the semiconductor company’s stock worth $87,504,000 after buying an additional 29,770 shares during the period. Ironwood Investment Counsel LLC acquired a new stake in shares of Lam Research during the 2nd quarter worth approximately $548,000. National Pension Service raised its stake in shares of Lam Research by 7.5% during the second quarter. National Pension Service now owns 3,421,664 shares of the semiconductor company’s stock worth $333,065,000 after buying an additional 238,775 shares during the last quarter. Finally, Advyzon Investment Management LLC acquired a new position in Lam Research in the second quarter valued at approximately $2,749,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on LRCX. Susquehanna upped their target price on shares of Lam Research from $135.00 to $200.00 and gave the company a “positive” rating in a research report on Thursday, October 23rd. Wall Street Zen cut Lam Research from a “buy” rating to a “hold” rating in a report on Saturday. B. Riley increased their target price on Lam Research from $160.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Dbs Bank raised their target price on shares of Lam Research from $119.40 to $184.20 in a report on Monday, October 27th. Finally, Oppenheimer set a $200.00 price target on shares of Lam Research and gave the company an “outperform” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $148.54.

Lam Research Stock Down 4.3%

Shares of LRCX stock opened at $159.18 on Wednesday. The firm’s fifty day moving average price is $137.51 and its two-hundred day moving average price is $108.19. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. 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 $199.93 billion, a P/E ratio of 35.06, a PEG ratio of 1.68 and a beta of 1.87.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data 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 during the quarter, compared to analysts’ expectations 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 for the quarter was up 27.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, equities analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s dividend payout ratio is 22.91%.

Insider Activity

In other news, Director Bethany Mayer sold 1,298 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director directly owned 1,652 shares in the company, valued at $264,303.48. The trade was a 44.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction dated 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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 62,528 shares of company stock valued at $8,880,448 in the last quarter. Company insiders own 0.31% of the company’s stock.

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.