Eurizon SLJ Capital Ltd Purchases Shares of 67,386 Lam Research Corporation $LRCX

Eurizon SLJ Capital Ltd purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 67,386 shares of the semiconductor company’s stock, valued at approximately $11,535,000. Lam Research accounts for approximately 4.6% of Eurizon SLJ Capital Ltd’s portfolio, making the stock its 5th biggest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Lam Research by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock worth $17,537,447,000 after acquiring an additional 364,949 shares during the period. State Street Corp boosted its stake in shares of Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after acquiring an additional 265,805 shares during the period. Geode Capital Management LLC boosted its stake in shares of Lam Research by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock worth $5,764,117,000 after acquiring an additional 126,613 shares during the period. Invesco Ltd. boosted its stake in shares of Lam Research by 18.2% during the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after acquiring an additional 3,263,658 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Lam Research by 781.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after acquiring an additional 10,053,978 shares during the period. 84.61% of the stock is currently owned by institutional investors.

Lam Research Price Performance

Lam Research stock opened at $318.18 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. Lam Research Corporation has a 52 week low of $79.49 and a 52 week high of $333.33. The stock has a market capitalization of $397.91 billion, a P/E ratio of 60.03, a price-to-earnings-growth ratio of 2.63 and a beta of 1.81. The stock has a fifty day moving average of $263.88 and a 200-day moving average of $220.80.

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

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be issued a dividend of $0.26 per share. 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 payout ratio is 19.62%.

Insider Transactions at Lam Research

In other news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This trade represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 120,066 shares of company stock valued at $27,953,242. Corporate insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on LRCX. Cantor Fitzgerald reiterated an “overweight” rating and set a $320.00 target price on shares of Lam Research in a research note on Thursday, April 23rd. Royal Bank Of Canada lifted their target price on Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Rothschild & Co Redburn lifted their target price on Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. B. Riley Financial lifted their target price on Lam Research from $350.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $295.07.

Lam Research News Summary

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Lam Research hit a new 12-month high, reinforcing strong momentum in the shares and signaling continued investor demand for semiconductor equipment stocks.
• Positive Sentiment: Mizuho Securities reiterated its Buy rating on Lam Research, which supports the stock’s bullish trading tone.
• Positive Sentiment: Options activity showed unusually heavy interest in Lam Research, with investors reportedly favoring short put positions, a sign some traders expect the stock to hold up or rise further.
• Positive Sentiment: Broader semiconductor commentary remained constructive, as Applied Materials’ CEO said AI-driven demand is creating the strongest period ever for the chip equipment industry, a favorable backdrop for Lam Research.
• Neutral Sentiment: Recent articles noted Lam Research’s strong technical run and high valuation, suggesting momentum is powerful but the stock may be vulnerable to volatility if expectations cool.
• Negative Sentiment: Some market commentary questioned whether the semiconductor rally is getting ahead of fundamentals, warning that chip stocks could face a pullback if the current “supercycle” narrative weakens.

Lam Research 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.