Lam Research Corporation $LRCX Position Boosted by STF Management LP

STF Management LP lifted its stake in Lam Research Corporation (NASDAQ:LRCX) by 2.6% in the second quarter, Holdings Channel.com reports. The firm owned 20,152 shares of the semiconductor company’s stock after acquiring an additional 510 shares during the quarter. STF Management LP’s holdings in Lam Research were worth $1,962,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in LRCX. Vanguard Group Inc. lifted its position in Lam Research by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after buying an additional 8,364,375 shares in the last quarter. Nuveen LLC purchased a new position in shares of Lam Research during the 1st quarter valued at $604,344,000. Price T Rowe Associates Inc. MD increased its stake in shares of Lam Research by 99.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company’s stock worth $417,242,000 after acquiring an additional 2,864,863 shares during the last quarter. Nordea Investment Management AB raised its holdings in shares of Lam Research by 34.1% during the second quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock worth $1,029,210,000 after acquiring an additional 2,692,189 shares in the last quarter. Finally, Boston Partners raised its holdings in shares of Lam Research by 9,978.3% during the first quarter. Boston Partners now owns 2,350,362 shares of the semiconductor company’s stock worth $170,787,000 after acquiring an additional 2,327,041 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Bethany Mayer sold 1,298 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the sale, the director owned 1,652 shares in the company, valued at $264,303.48. This represents a 44.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $138.90, for a total value of $7,249,191.00. Following the completion of the sale, the senior vice president directly owned 251,047 shares in the company, valued at $34,870,428.30. This trade represents a 17.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 62,528 shares of company stock valued at $8,880,448. 0.31% of the stock is owned by insiders.

Lam Research Trading Up 4.4%

Shares of LRCX stock opened at $166.37 on Tuesday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $167.15. The company has a market cap of $208.97 billion, a PE ratio of 36.65, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $136.27 and its two-hundred day moving average is $107.57.

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

Lam Research Dividend Announcement

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 issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s dividend payout ratio is 22.91%.

Analysts Set New Price Targets

A number of research analysts have commented on LRCX shares. Stifel Nicolaus set a $160.00 target price on Lam Research and gave the company a “buy” rating in a research note on Thursday, October 23rd. BNP Paribas Exane lifted their price target on Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. boosted their price target on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price objective on Lam Research from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Barclays set a $142.00 target price on shares of Lam Research and gave the company an “equal weight” rating in a research note on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and an average target price of $148.54.

About Lam Research

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.