Lam Research Corporation $LRCX Shares Purchased by MUFG Securities EMEA plc

Key Points

• MUFG Securities EMEA plc increased its Lam Research stake by 86.2% in the fourth quarter, raising its holdings to 188,492 shares valued at about $32.3 million.
• Wall Street sentiment remains constructive, with Lam Research receiving several updated price targets and an overall Moderate Buy rating; the average analyst target is $295.07.
• The company continues to show strong operating and trading momentum, as it recently beat quarterly earnings estimates, raised guidance, hit a new 12-month high, and announced a $0.26 per share quarterly dividend.

MUFG Securities EMEA plc lifted its position in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 86.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 188,492 shares of the semiconductor company's stock after acquiring an additional 87,267 shares during the period. MUFG Securities EMEA plc's holdings in Lam Research were worth $32,266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in LRCX. Brighton Jones LLC increased its position in shares of Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company's stock valued at $1,025,000 after acquiring an additional 12,936 shares during the period. Caxton Associates LLP acquired a new position in shares of Lam Research in the 1st quarter valued at $239,000. Gabelli Funds LLC acquired a new position in shares of Lam Research in the 2nd quarter valued at $253,000. NewEdge Advisors LLC increased its position in shares of Lam Research by 2.7% in the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company's stock valued at $9,785,000 after acquiring an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. increased its position in shares of Lam Research by 5,206.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company's stock valued at $77,000 after acquiring an additional 781 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LRCX has been the topic of several research reports. Barclays set a $275.00 target price on Lam Research and gave the company an "equal weight" rating in a research report on Thursday, April 23rd. Mizuho set a $380.00 price target on Lam Research and gave the stock an "outperform" rating in a research report on Wednesday. BNP Paribas Exane increased their price target on Lam Research from $250.00 to $260.00 and gave the stock a "neutral" rating in a research report on Thursday, April 23rd. Needham & Company LLC reaffirmed a "buy" rating and set a $300.00 price target on shares of Lam Research in a research report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Lam Research from $300.00 to $325.00 and gave the stock a "buy" rating in a research report on Thursday, April 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Lam Research has an average rating of "Moderate Buy" and an average price target of $295.07.

Insider Activity

In other news, insider Ava Harter sold 6,010 shares of the firm's stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Neil J. Fernandes sold 18,170 shares of the firm's stock in a transaction dated Friday, May 1st. The shares were 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 directly owned 66,129 shares in the company, valued at $16,872,153.06. This represents a 21.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 120,066 shares of company stock worth $27,953,242 in the last ninety days. Company insiders own 0.31% of the company's stock.

Trending Headlines about Lam Research

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 Price Performance

NASDAQ:LRCX opened at $318.18 on Friday. Lam Research Corporation has a 52 week low of $79.49 and a 52 week high of $333.33. 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 $397.91 billion, a PE ratio of 60.03, a price-to-earnings-growth ratio of 2.63 and a beta of 1.81. The stock's 50-day moving average price is $263.88 and its 200-day moving average price is $220.80.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating 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 firm had revenue of $5.84 billion for the quarter, compared to analysts' expectations of $5.70 billion. During the same period last year, the firm earned $1.04 EPS. The company's quarterly 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. As a group, equities analysts expect that Lam Research Corporation will post 5.67 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be given a dividend of $0.26 per share. The ex-dividend date 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 19.62%.

About Lam Research

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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