Groupe la Francaise Reduces Holdings in Lam Research Corporation $LRCX

Key Points

• Groupe la Francaise cut its Lam Research stake by 39.1% during the second quarter, selling 76,226 shares and retaining 118,568 shares valued at approximately $51.4 million. Institutional investors collectively own 84.61% of LRCX.
• Lam Research reported strong quarterly results, with revenue rising 30% year over year to $6.72 billion and earnings exceeding estimates. Management’s outlook remains supported by AI and advanced-chip demand, while the company plans major semiconductor research investments.
• The company raised its quarterly dividend by about 27% to $0.33 per share, but valuation and insider selling remain potential concerns. Analysts maintain a broadly positive “Moderate Buy” consensus with an average price target of $358.97.

Groupe la Francaise trimmed its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 39.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,568 shares of the semiconductor company's stock after selling 76,226 shares during the quarter. Groupe la Francaise's holdings in Lam Research were worth $51,391,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LRCX. World Equity Group Inc. boosted its stake in shares of Lam Research by 0.5% during the 2nd quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company's stock worth $2,416,000 after acquiring an additional 29 shares during the last quarter. Tenzing Financial LLC increased its stake in shares of Lam Research by 3.5% in the 2nd quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company's stock worth $441,000 after purchasing an additional 34 shares in the last quarter. Paragon Private Wealth Management LLC raised its holdings in Lam Research by 1.3% in the 2nd quarter. Paragon Private Wealth Management LLC now owns 2,719 shares of the semiconductor company's stock worth $1,178,000 after purchasing an additional 35 shares during the period. Gibraltar Capital Management Inc. raised its holdings in Lam Research by 3.6% in the 2nd quarter. Gibraltar Capital Management Inc. now owns 1,050 shares of the semiconductor company's stock worth $455,000 after purchasing an additional 36 shares during the period. Finally, Elevated Financial Group LLC lifted its position in Lam Research by 3.0% during the second quarter. Elevated Financial Group LLC now owns 1,223 shares of the semiconductor company's stock valued at $530,000 after purchasing an additional 36 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research News Roundup

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

• Positive Sentiment: Lam Research’s record June-quarter results and outlook remain key catalysts. Revenue reached $6.72 billion, up 30% year over year, while adjusted earnings exceeded analysts’ expectations. Management guided for approximately $8.10 billion in September-quarter revenue, reinforcing confidence in continued AI- and advanced-chip-related demand. Lam Research gains as investors build on strong guidance and recent shareholder-friendly updates
• Positive Sentiment: The company broke ground on a new Oregon research laboratory and plans to invest more than $3 billion in its global lab network over five years. The investment is intended to support semiconductor research tied to artificial intelligence and next-generation chip production. Lam Research Oregon laboratory announcement
• Positive Sentiment: Lam Research raised its quarterly dividend by approximately 27% to $0.33 per share, improving the stock’s shareholder-return profile after its record quarter. Lam Research dividend increase
• Positive Sentiment: Options activity and bullish institutional positioning may be adding to momentum. More than 1,600 institutions reportedly increased their holdings in the latest quarter, while recent analyst targets—including several between $400 and $500—remain above the current trading range. Lam Research options market article
• Neutral Sentiment: The dividend increase has attracted attention as investors seek income and quality amid geopolitical and inflation concerns, although broader market volatility could continue to affect semiconductor stocks. Stocks with dividend hikes article
• Negative Sentiment: Insiders have reported only sales—not purchases—in the past six months, including transactions by CEO Timothy Archer and other executives. That activity may raise concerns about valuation or profit-taking.
• Negative Sentiment: After substantial long-term gains, some commentary argues that LRCX is fully valued, with elevated valuation metrics leaving less room for disappointment-free execution. UBS also recently lowered its price target to $425, despite remaining above the current share price. UBS lowers Lam Research price target

Lam Research Stock Performance

Lam Research stock opened at $307.65 on Monday. Lam Research Corporation has a 1 year low of $100.68 and a 1 year high of $438.50. The firm's 50 day moving average price is $321.34 and its 200-day moving average price is $291.79. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The stock has a market cap of $384.97 billion, a P/E ratio of 53.41, a PEG ratio of 1.22 and a beta of 1.85.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its earnings results 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. The company had revenue of $6.72 billion during the quarter, compared to analysts' expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. Lam Research's quarterly revenue was up 30.0% on a year-over-year basis. During the same period last year, the company posted $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, equities analysts predict that Lam Research Corporation will post 9.33 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 0.4%. This is a positive change from Lam Research's previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, September 23rd. Lam Research's payout ratio is presently 18.06%.

Analysts Set New Price Targets

Several research firms have issued reports on LRCX. Needham & Company LLC reissued a "buy" rating and set a $390.00 price target on shares of Lam Research in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $320.00 price objective on shares of Lam Research in a research report on Thursday, July 30th. Zacks Research raised shares of Lam Research from a "hold" rating to a "strong-buy" rating in a report on Friday, July 17th. Weiss Ratings downgraded shares of Lam Research from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday. Finally, Evercore reissued an "outperform" rating and issued a $355.00 price objective on shares of Lam Research in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $358.97.

Insider Buying and Selling

In other Lam Research news, Director Abhijit Talwalkar sold 18,282 shares of the firm's stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the completion of the transaction, the director owned 87,142 shares in the company, valued at $29,192,570. This trade represents a 17.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction that occurred 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 directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. The trade was a 10.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 77,782 shares of company stock worth $26,755,370. Corporate insiders own 0.31% of the company's stock.

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.

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