Yeomans Consulting Group Inc. Invests $476,000 in Lam Research Corporation $LRCX

Yeomans Consulting Group Inc. purchased a new position in Lam Research Corporation (NASDAQ:LRCX) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 3,333 shares of the semiconductor company’s stock, valued at approximately $476,000.

Several other institutional investors and hedge funds also recently made changes to their positions in LRCX. Brighton Jones LLC increased its stake in Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares during the period. Ieq Capital LLC grew its holdings in shares of Lam Research by 20.9% during the 1st quarter. Ieq Capital LLC now owns 185,239 shares of the semiconductor company’s stock worth $13,467,000 after purchasing an additional 32,051 shares in the last quarter. Truvestments Capital LLC grew its holdings in shares of Lam Research by 19.3% during the 1st quarter. Truvestments Capital LLC now owns 8,704 shares of the semiconductor company’s stock worth $633,000 after purchasing an additional 1,406 shares in the last quarter. Itau Unibanco Holding S.A. increased its position in shares of Lam Research by 1,501.4% during the first quarter. Itau Unibanco Holding S.A. now owns 21,187 shares of the semiconductor company’s stock valued at $1,540,000 after purchasing an additional 19,864 shares during the period. Finally, Trexquant Investment LP raised its stake in shares of Lam Research by 25.2% in the first quarter. Trexquant Investment LP now owns 718,410 shares of the semiconductor company’s stock valued at $52,228,000 after purchasing an additional 144,606 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the 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 sale, the chief financial officer owned 987,237 shares in the company, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction dated 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 of the company’s stock, valued at $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 102,608 shares of company stock worth $14,916,496 in the last three months. Company insiders own 0.31% of the company’s stock.

Lam Research Trading Up 1.2%

Shares of LRCX stock opened at $177.24 on Friday. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $177.56. The company has a market capitalization of $222.62 billion, a P/E ratio of 39.04, a P/E/G ratio of 2.05 and a beta of 1.77. The firm has a 50-day moving average price of $157.66 and a 200 day moving average price of $125.34. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last issued 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. The firm had revenue of $5.32 billion for 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 company’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Research analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be given a $0.26 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a yield of 0.6%. Lam Research’s payout ratio is presently 22.91%.

Analyst Ratings Changes

A number of research firms have weighed in on LRCX. Evercore ISI lifted their price target on shares of Lam Research from $115.00 to $170.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Berenberg Bank raised their price objective on shares of Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. upped their target price on shares of Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. TD Cowen increased their price target on shares of Lam Research from $145.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Hsbc Global Res raised Lam Research to a “hold” rating in a report on Tuesday, September 30th. Twenty-six analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $161.21.

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.