Lam Research Corporation $LRCX is DJE Kapital AG’s 7th Largest Position

DJE Kapital AG lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 258.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,294,931 shares of the semiconductor company’s stock after acquiring an additional 933,546 shares during the quarter. Lam Research accounts for approximately 3.1% of DJE Kapital AG’s investment portfolio, making the stock its 7th biggest holding. DJE Kapital AG’s holdings in Lam Research were worth $125,789,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Prescott Group Capital Management L.L.C. raised its holdings in Lam Research by 54.2% in the 2nd quarter. Prescott Group Capital Management L.L.C. now owns 5,514 shares of the semiconductor company’s stock worth $537,000 after purchasing an additional 1,939 shares during the period. FDx Advisors Inc. purchased a new stake in shares of Lam Research in the second quarter valued at approximately $313,000. Acadian Asset Management LLC raised its stake in shares of Lam Research by 669.1% during the 2nd quarter. Acadian Asset Management LLC now owns 1,592,753 shares of the semiconductor company’s stock worth $155,019,000 after buying an additional 1,385,667 shares during the period. Brio Consultants LLC lifted its position in shares of Lam Research by 4.8% during the 2nd quarter. Brio Consultants LLC now owns 2,961 shares of the semiconductor company’s stock valued at $288,000 after buying an additional 136 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Lam Research by 8.4% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,024,553 shares of the semiconductor company’s stock valued at $294,410,000 after acquiring an additional 234,369 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Morgan Stanley upped their price objective on shares of Lam Research from $125.00 to $137.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 23rd. Susquehanna upped their price target on shares of Lam Research from $135.00 to $200.00 and gave the stock a “positive” rating in a research report on Thursday, October 23rd. BNP Paribas Exane raised their price target 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. HSBC set a $127.00 price objective on Lam Research and gave the stock a “hold” rating in a research note on Tuesday, September 30th. Finally, Oppenheimer set a $200.00 target price on Lam Research and gave the company an “outperform” rating in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Lam Research presently has a consensus rating of “Moderate Buy” and an average target price of $148.54.

Insider Activity 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 completion of the sale, the director owned 1,652 shares of the company’s stock, valued at $264,303.48. This represents a 44.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 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 sale, the insider owned 56,786 shares of the company’s stock, valued at $8,942,091.42. This represents a 13.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 62,498 shares of company stock valued at $8,875,663. 0.31% of the stock is owned by company insiders.

Lam Research Trading Down 1.8%

Shares of Lam Research stock opened at $159.35 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60. The stock’s 50 day simple moving average is $134.94 and its 200-day simple moving average is $106.61. The stock has a market cap of $200.15 billion, a P/E ratio of 35.10, 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.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.22 by $0.04. The firm 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%.The business’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. 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. Stockholders of record on Wednesday, December 3rd will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Lam Research’s payout ratio is presently 22.91%.

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.