BDF Gestion Takes Position in Lam Research Corporation $LRCX

Key Points

• BDF Gestion has acquired 30,154 shares of Lam Research Corporation, valued at approximately $2.935 million, marking a new position in the semiconductor company during the 2nd quarter.
• Analysts have a consensus rating of "Moderate Buy" for Lam Research, with a significant number of upgrades and an average price target of $107.96.
• Lam Research has recently increased its quarterly dividend from $0.23 to $0.26, representing an annualized yield of 0.8% for investors.

BDF Gestion bought a new position in Lam Research Corporation (NASDAQ:LRCX - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 30,154 shares of the semiconductor company's stock, valued at approximately $2,935,000.

A number of other institutional investors have also recently bought and sold shares of LRCX. Smallwood Wealth Investment Management LLC acquired a new position in shares of Lam Research in the 1st quarter valued at $26,000. Park Square Financial Group LLC bought a new stake in Lam Research in the fourth quarter valued at about $31,000. Putney Financial Group LLC acquired a new position in Lam Research in the fourth quarter worth about $36,000. 1 North Wealth Services LLC bought a new position in Lam Research during the first quarter worth about $36,000. Finally, Rossby Financial LCC bought a new position in Lam Research during the first quarter worth about $37,000. Institutional investors and hedge funds own 84.61% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Citigroup upped their price objective on Lam Research from $113.00 to $120.00 and gave the company a "buy" rating in a research note on Monday, September 8th. Erste Group Bank initiated coverage on Lam Research in a research report on Thursday, August 14th. They issued a "buy" rating on the stock. Oppenheimer increased their price objective on Lam Research from $110.00 to $120.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Mizuho boosted their target price on shares of Lam Research from $120.00 to $130.00 and gave the company an "outperform" rating in a research note on Friday, September 12th. Finally, KeyCorp upped their target price on shares of Lam Research from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Tuesday, July 15th. Twenty investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Lam Research presently has a consensus rating of "Moderate Buy" and an average price target of $107.96.

Lam Research Stock Performance

Shares of NASDAQ:LRCX opened at $126.92 on Friday. The business has a fifty day moving average of $103.36 and a 200-day moving average of $88.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $128.70. The firm has a market cap of $160.05 billion, a PE ratio of 30.51, a price-to-earnings-growth ratio of 1.62 and a beta of 1.76.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The firm had revenue of $5.17 billion for the quarter, compared to analyst estimates of $4.99 billion. During the same quarter in the prior year, the firm earned $1.03 EPS. The company's revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities research analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be given a $0.26 dividend. This is a boost from Lam Research's previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, September 24th. This represents a $1.04 annualized dividend and a yield of 0.8%. Lam Research's dividend payout ratio is presently 22.12%.

Lam Research Company 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.

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