Paradigm Asset Management Co. LLC Takes $1.91 Million Position in Lam Research Corporation $LRCX

Paradigm Asset Management Co. LLC acquired a new stake in Lam Research Corporation (NASDAQ:LRCX) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 19,600 shares of the semiconductor company’s stock, valued at approximately $1,908,000.

Several other institutional investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Lam Research by 6.9% in the first quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock worth $9,389,358,000 after acquiring an additional 8,364,375 shares during the period. Invesco Ltd. increased its position in shares of Lam Research by 2.8% during the first quarter. Invesco Ltd. now owns 17,330,771 shares of the semiconductor company’s stock worth $1,259,947,000 after buying an additional 472,636 shares during the period. Nordea Investment Management AB lifted its holdings in Lam Research by 34.1% in the second quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock valued at $1,029,210,000 after buying an additional 2,692,189 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Lam Research by 25.8% in the first quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock valued at $693,319,000 after buying an additional 1,953,221 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in Lam Research by 4.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 8,900,506 shares of the semiconductor company’s stock valued at $647,067,000 after acquiring an additional 418,077 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

LRCX has been the subject of a number of research analyst reports. Summit Insights downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, July 31st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Lam Research in a research note on Wednesday. Zacks Research raised Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. Dbs Bank lifted their price target on shares of Lam Research from $119.40 to $184.20 in a research report on Monday, October 27th. Finally, The Goldman Sachs Group boosted their target price on shares of Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. One investment 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $148.54.

Lam Research Trading Down 1.8%

NASDAQ:LRCX opened at $159.35 on Friday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $166.92. 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’s 50 day moving average is $134.94 and its 200 day moving average is $106.31. The stock has a market capitalization of $200.15 billion, a PE ratio of 35.10, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Sell-side analysts expect 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 will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Lam Research’s payout ratio is 22.91%.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction that occurred on Monday, October 27th. The shares were 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 approximately $8,942,091.42. The trade was a 13.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Vahid Vahedi sold 52,190 shares of the stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the sale, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This represents a 17.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 62,498 shares of company stock worth $8,875,663. 0.31% of the stock is owned by corporate insiders.

Lam Research Profile

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.