Rothschild Investment LLC Decreases Stock Position in Lam Research Corporation $LRCX

Rothschild Investment LLC trimmed its holdings in Lam Research Corporation (NASDAQ:LRCX) by 13.9% during the second quarter, Holdings Channel.com reports. The fund owned 3,684 shares of the semiconductor company’s stock after selling 595 shares during the period. Rothschild Investment LLC’s holdings in Lam Research were worth $359,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. grew its position in shares of Lam Research by 2.0% in the second quarter. Nomura Asset Management Co. Ltd. now owns 618,118 shares of the semiconductor company’s stock valued at $60,168,000 after purchasing an additional 12,234 shares during the last quarter. Midwest Professional Planners LTD. raised its position in shares of Lam Research by 1.7% during the 2nd quarter. Midwest Professional Planners LTD. now owns 52,350 shares of the semiconductor company’s stock worth $5,096,000 after purchasing an additional 857 shares during the last quarter. Raiffeisen Bank International AG lifted its stake in Lam Research by 11.3% in the 2nd quarter. Raiffeisen Bank International AG now owns 168,621 shares of the semiconductor company’s stock valued at $16,191,000 after buying an additional 17,119 shares in the last quarter. Westpac Banking Corp grew its holdings in Lam Research by 59.8% during the 2nd quarter. Westpac Banking Corp now owns 15,953 shares of the semiconductor company’s stock valued at $1,553,000 after buying an additional 5,969 shares during the last quarter. Finally, MTM Investment Management LLC acquired a new stake in Lam Research during the 2nd quarter valued at $293,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

LRCX has been the subject of several recent research reports. Raymond James Financial raised their price target on Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Barclays set a $142.00 price objective on Lam Research and gave the company an “equal weight” rating in a research note on Monday, October 20th. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, TD Cowen raised their price target on shares of Lam Research from $145.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and an average price target of $149.04.

Insider Activity at Lam Research

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the sale, the chief financial officer directly owned 987,237 shares in the company, valued at $148,677,892.20. This represents a 3.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Ava Harter sold 9,010 shares of the 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 completion of the transaction, the insider directly owned 56,786 shares in the company, valued at $8,942,091.42. This trade represents a 13.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 102,608 shares of company stock valued at $14,916,496 over the last quarter. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Stock Down 2.9%

Shares of NASDAQ:LRCX opened at $143.24 on Wednesday. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The firm has a market cap of $179.91 billion, a price-to-earnings ratio of 31.55, a PEG ratio of 1.68 and a beta of 1.87. The stock’s 50-day moving average price is $142.35 and its two-hundred day moving average price is $110.96. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $167.15.

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, 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 for the quarter, compared to analyst estimates of $5.23 billion. During the same period in the prior year, the firm posted $0.86 EPS. The company’s revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, research analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The business 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 $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is 22.91%.

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.