Generali Investments Management Co LLC Purchases 10,482 Shares of Lam Research Corporation $LRCX

Key Points

• Generali Investments Management increased its Lam Research stake by 182.9% in the third quarter, acquiring 10,482 additional shares and bringing its holdings to 16,213 shares valued at approximately $5.3 million.
• Institutional investors own 84.61% of Lam Research, while analysts maintain a generally favorable outlook: the stock has a “Moderate Buy” consensus rating and an average price target of $364.59.
• Lam Research reported quarterly revenue of $6.72 billion and adjusted earnings of $1.82 per share, exceeding estimates, while revenue rose 30% year over year. The company also raised its quarterly dividend to $0.33 per share.

Generali Investments Management Co LLC grew its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 182.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 16,213 shares of the semiconductor company's stock after acquiring an additional 10,482 shares during the period. Lam Research comprises 1.0% of Generali Investments Management Co LLC's holdings, making the stock its 24th largest holding. Generali Investments Management Co LLC's holdings in Lam Research were worth $5,326,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. State Street Corp raised its stake in Lam Research by 2.6% during the second quarter. State Street Corp now owns 60,704,130 shares of the semiconductor company's stock worth $26,320,468,000 after buying an additional 1,545,830 shares during the last quarter. Bank of America Corp DE lifted its holdings in Lam Research by 5.5% in the second quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company's stock valued at $4,872,426,000 after buying an additional 584,489 shares during the period. Van ECK Associates Corp lifted its holdings in Lam Research by 411.8% in the second quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company's stock valued at $4,805,368,000 after buying an additional 8,922,854 shares during the period. Amundi boosted its position in Lam Research by 23.7% during the first quarter. Amundi now owns 10,147,479 shares of the semiconductor company's stock valued at $2,168,107,000 after acquiring an additional 1,942,862 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in Lam Research by 2.0% during the first quarter. Janus Henderson Group PLC now owns 9,265,026 shares of the semiconductor company's stock valued at $1,975,244,000 after acquiring an additional 181,087 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Evercore reissued an "outperform" rating and set a $355.00 target price on shares of Lam Research in a research note on Monday, July 20th. Fundamental Research set a $390.00 price target on shares of Lam Research in a research note on Thursday, October 1st. HSBC reiterated a "hold" rating and set a $333.00 price objective on shares of Lam Research in a report on Monday, July 27th. Bank of America increased their price objective on shares of Lam Research from $330.00 to $480.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. Finally, Cantor Fitzgerald set a $500.00 price target on Lam Research and gave the stock an "overweight" rating in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $364.59.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $263.94 on Monday. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a 52 week low of $135.50 and a 52 week high of $438.50. The company's fifty day moving average is $309.03 and its 200 day moving average is $308.80. The stock has a market cap of $330.30 billion, a PE ratio of 45.82, a PEG ratio of 1.05 and a beta of 1.85.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. The business had revenue of $6.72 billion for the quarter, compared to analysts' expectations of $6.66 billion. During the same period in the previous year, the firm posted $1.33 EPS. The business's revenue was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Research analysts anticipate that Lam Research Corporation will post 9.34 earnings per share for the current year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 23rd. This is an increase from Lam Research's previous quarterly dividend of $0.26. Lam Research's payout ratio is presently 22.92%.

Lam Research News Roundup

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

• Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D modeling platform. GPU-accelerated wafer-etch simulations could improve chip-design and manufacturing efficiency, supporting the company’s longer-term role in AI-driven semiconductor fabs. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
• Positive Sentiment: Analysts continue to see substantial upside, with Benzinga’s 22-analyst average target near $346 and a separate consensus implying roughly 25.6% potential appreciation. Recent earnings-estimate revisions could provide support if Lam delivers a strong quarterly report. Lam Research Stock Hits Longest Losing Streak Ever Wall Street Analysts See Upside in Lam Research
• Neutral Sentiment: Analysts are previewing the quarter ended September 2026, focusing on operating metrics beyond headline revenue and earnings estimates. The report could produce a significant re-rating depending on guidance and demand commentary. Lam Research Q1 Earnings Preview
• Neutral Sentiment: Options markets are pricing a potentially large post-earnings move—about $28.6 billion in implied market capitalization swing—signaling elevated volatility rather than a clear directional view. Lam Research Could Swing After Earnings
• Negative Sentiment: Hotter-than-expected inflation has renewed fears that higher interest rates could restrain AI infrastructure spending, weighing broadly on semiconductor and equipment stocks, including Lam Research. Semiconductor Stocks Trade Down on Inflation Concerns
• Negative Sentiment: Lam Research was on track for its ninth consecutive decline, its longest losing streak since 1984. The persistent technical weakness may be encouraging selling despite analysts’ bullish price targets. Lam Research Dips More Than the Broader Market

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 5,000 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the completion of the sale, the insider owned 42,462 shares in the company, valued at approximately $12,843,056.52. This represents a 10.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the business's stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the transaction, the director directly owned 20,995 shares in the company, valued at $6,607,966.30. This trade represents a 31.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.31% of the company's stock.

About Lam Research

Lam Research Corporation NASDAQ: LRCX is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company's product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.

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