Lam Research Corporation $LRCX Stake Boosted by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund lifted its stake in Lam Research Corporation (NASDAQ:LRCX) by 30.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 144,656 shares of the semiconductor company’s stock after acquiring an additional 34,147 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Lam Research were worth $19,369,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of LRCX. Sava Infond d.o.o. boosted its holdings in Lam Research by 3.1% in the second quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock worth $7,325,000 after purchasing an additional 2,250 shares in the last quarter. Horizon Bancorp Inc. IN acquired a new stake in shares of Lam Research in the second quarter worth about $389,000. Genus Capital Management Inc. acquired a new stake in shares of Lam Research in the second quarter worth about $14,476,000. Diversified Trust Co boosted its stake in shares of Lam Research by 34.4% during the 3rd quarter. Diversified Trust Co now owns 31,922 shares of the semiconductor company’s stock worth $4,274,000 after acquiring an additional 8,172 shares in the last quarter. Finally, Glass Wealth Management Co LLC increased its holdings in shares of Lam Research by 8.5% during the 2nd quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock valued at $2,810,000 after acquiring an additional 2,270 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Stock Down 1.0%

Shares of LRCX stock opened at $200.96 on Friday. Lam Research Corporation has a one year low of $56.32 and a one year high of $210.45. 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 has a fifty day moving average price of $164.77 and a 200 day moving average price of $131.92. The stock has a market cap of $252.41 billion, a P/E ratio of 44.26, a price-to-earnings-growth ratio of 2.34 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating 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 business’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were paid a dividend of $0.26 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Insider Buying and Selling

In related news, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total value 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. The trade was a 13.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction 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 in the company, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 102,608 shares of company stock valued at $14,916,496 over the last ninety days. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LRCX. Susquehanna raised their price objective on Lam Research from $135.00 to $200.00 and gave the company a “positive” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. upped their price objective on shares of Lam Research from $113.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Cowen reiterated a “buy” rating on shares of Lam Research in a report on Thursday, October 23rd. Oppenheimer set a $200.00 target price on shares of Lam Research and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Finally, HSBC set a $127.00 price target on Lam Research and gave the company a “hold” rating in a research report on Tuesday, September 30th. Twenty-six investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $163.04.

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.