Lam Research Corporation $LRCX Stock Holdings Lifted by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 15.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,973 shares of the semiconductor company’s stock after acquiring an additional 2,308 shares during the period. Jefferies Financial Group Inc.’s holdings in Lam Research were worth $2,905,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in LRCX. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research during the fourth quarter worth approximately $25,000. Stance Capital LLC acquired a new stake in shares of Lam Research during the third quarter worth approximately $26,000. Triumph Capital Management acquired a new stake in shares of Lam Research during the third quarter worth approximately $27,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Lam Research during the second quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Lam Research during the third quarter worth approximately $40,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction that occurred 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 transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. This trade represents a 21.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 120,066 shares of company stock valued at $27,953,242 over the last 90 days. 0.31% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on LRCX. Needham & Company LLC restated a “buy” rating and set a $300.00 price target on shares of Lam Research in a report on Thursday, April 23rd. Citic Securities raised their price target on shares of Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Erste Group Bank cut shares of Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Royal Bank Of Canada raised their price target on shares of Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Finally, JPMorgan Chase & Co. raised their price target on shares of Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Twenty-seven analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $293.46.

Lam Research Price Performance

NASDAQ LRCX opened at $322.68 on Wednesday. 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 $403.53 billion, a PE ratio of 60.88, a price-to-earnings-growth ratio of 2.53 and a beta of 1.81. The company has a 50 day moving average price of $258.19 and a two-hundred day moving average price of $217.89. Lam Research Corporation has a 12-month low of $79.49 and a 12-month high of $323.98.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The company’s revenue was up 23.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities analysts predict that Lam Research Corporation will post 5.67 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is currently 19.62%.

Lam Research Company Profile

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.