AustralianSuper Pty Ltd increased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 6.5% in the 4th quarter, HoldingsChannel reports. The firm owned 1,831,611 shares of the semiconductor company’s stock after acquiring an additional 111,187 shares during the quarter. Lam Research makes up approximately 1.5% of AustralianSuper Pty Ltd’s holdings, making the stock its 10th largest holding. AustralianSuper Pty Ltd’s holdings in Lam Research were worth $313,535,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in LRCX. Traphagen Investment Advisors LLC raised its stake in shares of Lam Research by 2.4% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock valued at $336,000 after buying an additional 46 shares during the last quarter. Field & Main Bank raised its position in Lam Research by 1.1% during the fourth quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock valued at $790,000 after acquiring an additional 50 shares in the last quarter. Capital Advisors Ltd. LLC lifted its holdings in Lam Research by 1.1% in the fourth quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock valued at $795,000 after acquiring an additional 51 shares during the period. Retirement Planning Group LLC boosted its position in Lam Research by 2.9% in the 4th quarter. Retirement Planning Group LLC now owns 1,834 shares of the semiconductor company’s stock worth $314,000 after purchasing an additional 51 shares in the last quarter. Finally, Plancorp LLC grew its stake in shares of Lam Research by 2.1% during the 4th quarter. Plancorp LLC now owns 2,518 shares of the semiconductor company’s stock worth $431,000 after purchasing an additional 51 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Jefferies Financial Group increased their target price on shares of Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Stifel Nicolaus lifted their price target on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Berenberg Bank increased their price target on Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, HSBC boosted their price objective on Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Twenty-six equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $291.75.
Key Lam Research News
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Several recent articles say Lam Research is an “incredible growth stock,” pointing to solid operating momentum and the potential for strong long-term returns.
- Positive Sentiment: Analysts and market commentary remain bullish, with coverage noting that Wall Street’s average recommendation is effectively a Buy and that price targets have been raised as the stock pushed above the $300 level.
- Positive Sentiment: Investor interest is also being supported by Lam’s recent earnings beat, with revenue of $5.84 billion and non-GAAP EPS of $1.47, both topping expectations and reinforcing confidence in demand trends tied to AI infrastructure.
- Neutral Sentiment: The company also announced upcoming participation in investor conferences, which does not change fundamentals but may keep the stock in focus for traders and institutions.
- Neutral Sentiment: Additional articles discussed Lam Research’s long-term stock performance and valuation, which may support sentiment but are not new catalysts by themselves.
Lam Research Price Performance
Shares of NASDAQ LRCX opened at $299.15 on Friday. The firm has a 50-day simple moving average of $245.00 and a 200-day simple moving average of $210.21. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $374.11 billion, a price-to-earnings ratio of 56.44, a price-to-earnings-growth ratio of 2.45 and a beta of 1.81. Lam Research Corporation has a 52 week low of $79.49 and a 52 week high of $302.00.
Lam Research (NASDAQ:LRCX – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities analysts predict that Lam Research Corporation will post 5.67 earnings per share for the current fiscal year.
Insider Transactions at Lam Research
In related news, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the sale, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. This represents a 21.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 120,066 shares of company stock worth $27,953,242. Insiders own 0.31% of the company’s stock.
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.
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