China Universal Asset Management Co. Ltd. grew its position in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 6.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 69,726 shares of the semiconductor company’s stock after acquiring an additional 4,082 shares during the quarter. Lam Research comprises about 1.2% of China Universal Asset Management Co. Ltd.’s holdings, making the stock its 18th largest position. China Universal Asset Management Co. Ltd.’s holdings in Lam Research were worth $22,603,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of LRCX. BOKF NA grew its position in shares of Lam Research by 11.3% during the third quarter. BOKF NA now owns 46,861 shares of the semiconductor company’s stock worth $15,394,000 after acquiring an additional 4,767 shares during the last quarter. Motley Fool Asset Management LLC raised its position in Lam Research by 9.6% in the 3rd quarter. Motley Fool Asset Management LLC now owns 102,713 shares of the semiconductor company’s stock valued at $33,742,000 after purchasing an additional 8,982 shares during the last quarter. WPG Advisers LLC raised its position in Lam Research by 23.6% in the 3rd quarter. WPG Advisers LLC now owns 408 shares of the semiconductor company’s stock valued at $134,000 after purchasing an additional 78 shares during the last quarter. Pinnacle Wealth Planning Services Inc. boosted its stake in Lam Research by 2.8% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 5,282 shares of the semiconductor company’s stock worth $1,735,000 after purchasing an additional 145 shares during the period. Finally, North Dakota State Investment Board boosted its stake in Lam Research by 3.9% during the 3rd quarter. North Dakota State Investment Board now owns 38,278 shares of the semiconductor company’s stock worth $12,575,000 after purchasing an additional 1,434 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Lam Research
In other news, Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the sale, the director directly owned 20,995 shares of the company’s stock, valued at $6,607,966.30. This trade represents a 31.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the completion of the sale, the insider owned 42,462 shares in the company, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.31% of the company’s stock.
Lam Research Stock Up 0.2%
Shares of NASDAQ:LRCX opened at $254.39 on Friday. Lam Research Corporation has a fifty-two week low of $135.50 and a fifty-two week high of $438.50. The company has a quick ratio of 1.86, a current ratio of 2.48 and a debt-to-equity ratio of 0.27. The firm’s 50-day simple moving average is $295.90 and its 200-day simple moving average is $283.68. The company has a market cap of $317.78 billion, a price-to-earnings ratio of 37.91, a PEG ratio of 0.94 and a beta of 1.85.
Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.02. The firm had revenue of $8.22 billion during the quarter, compared to analysts’ expectations of $8.14 billion. Lam Research had a net margin of 32.34% and a return on equity of 72.15%. The firm’s revenue for the quarter was up 54.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.26 earnings per share. As a group, equities research analysts predict that Lam Research Corporation will post 9.59 earnings per share for the current year.
Lam Research Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s payout ratio is presently 19.67%.
Key Lam Research News
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Lam Research reported fiscal first-quarter revenue of $8.22 billion and adjusted EPS of $2.20, exceeding analyst expectations. Management’s outlook for approximately $8.60 billion in the December quarter, along with expected EPS of about $2.33, reinforced the view that demand remains robust. Lam Research Gains as Strong Earnings and a Chip-Sector Rebound Support Shares
- Positive Sentiment: Record foundry revenue in fiscal 2027’s first quarter, with foundry rising to 46% of Systems revenue from 44%, points to continued spending on advanced semiconductor manufacturing. Lam Research Sees Record Foundry Sales: Can the Momentum Continue?
- Positive Sentiment: SK Hynix’s expectation that memory shortages could persist through 2030 is fueling hopes for years of fab construction and sustained orders for equipment makers, including LRCX. The broader chip-sector rebound has added momentum. Chip Equipment Stocks Rally as SK Hynix Signals Memory Shortage Into 2030
- Positive Sentiment: Analyst coverage continues to emphasize AI infrastructure demand, rising chip complexity and projected 2026 systems-revenue growth above 40%. Some market commentary also describes LRCX as attractively valued relative to its earnings-growth outlook. Top Analyst Reports for Lam Research, Lockheed Martin & Equinor
- Neutral Sentiment: Investor attention remains unusually high, while institutional activity was mixed: more funds added LRCX shares than reduced positions in the latest reported quarter. This signals interest but does not establish a clear near-term price direction. Lam Research Corporation Is Attracting Investor Attention
- Negative Sentiment: Supply constraints may prevent Lam Research from fully converting strong demand into near-term revenue growth, creating execution risk despite favorable industry trends. Lam Research Stock: Supply Constraints Limit Growth
- Negative Sentiment: Reported insider transactions show substantial selling and no purchases over the past six months. While sales may reflect diversification or scheduled transactions, the pattern can weigh on sentiment.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the stock. Zacks Research lowered shares of Lam Research from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 22nd. UBS Group reiterated a “buy” rating and set a $400.00 target price (down from $425.00) on shares of Lam Research in a research note on Thursday, October 22nd. Stifel Nicolaus raised their price target on Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Citigroup reissued a “buy” rating and set a $435.00 price target (down from $450.00) on shares of Lam Research in a report on Thursday, October 22nd. Finally, Mizuho dropped their price target on Lam Research from $365.00 to $360.00 and set an “outperform” rating on the stock in a research report on Thursday, October 22nd. Twenty-six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Lam Research presently has an average rating of “Moderate Buy” and a consensus target price of $360.23.
Read Our Latest Research Report on LRCX
Lam Research Profile
Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.
The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.
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