Quantbot Technologies LP Sells 193,472 Shares of Lam Research Corporation $LRCX

Key Points

• Quantbot Technologies LP significantly reduced its holdings in Lam Research by 81.8%, selling 193,472 shares and now owning 43,150 shares valued at $3.1 million.
• Despite a notable reduction in some holdings, other institutional investors increased their stakes in Lam Research, with Wellington Management Group boosting its position by 14.4% to hold over 2.2 million shares.
• Lam Research announced robust quarterly earnings, reporting $1.33 earnings per share, surpassing expectations and showing a 33.6% year-over-year revenue increase.

Quantbot Technologies LP lowered its stake in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 81.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,150 shares of the semiconductor company's stock after selling 193,472 shares during the quarter. Quantbot Technologies LP's holdings in Lam Research were worth $3,137,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in LRCX. Ameriprise Financial Inc. raised its holdings in shares of Lam Research by 950.5% in the 4th quarter. Ameriprise Financial Inc. now owns 34,543,915 shares of the semiconductor company's stock valued at $2,495,128,000 after acquiring an additional 31,255,726 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Lam Research by 1,067.0% in the 4th quarter. Northern Trust Corp now owns 15,869,244 shares of the semiconductor company's stock valued at $1,146,235,000 after acquiring an additional 14,509,407 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Lam Research by 6,383.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,574,691 shares of the semiconductor company's stock valued at $980,500,000 after purchasing an additional 13,365,317 shares in the last quarter. Janus Henderson Group PLC bought a new stake in Lam Research during the fourth quarter valued at approximately $792,161,000. Finally, Vanguard Group Inc. lifted its position in Lam Research by 6.9% during the first quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company's stock valued at $9,389,358,000 after purchasing an additional 8,364,375 shares during the last quarter. Institutional investors own 84.61% of the company's stock.

Lam Research Trading Up 1.7%

Lam Research stock traded up $1.67 during trading hours on Friday, reaching $100.08. The company had a trading volume of 9,687,561 shares, compared to its average volume of 12,639,810. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. The company has a 50-day moving average price of $98.41 and a 200 day moving average price of $84.59. The firm has a market cap of $126.66 billion, a price-to-earnings ratio of 24.06, a P/E/G ratio of 1.28 and a beta of 1.65. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $108.02.

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

Analysts Set New Price Targets

LRCX has been the subject of several research analyst reports. Needham & Company LLC lifted their target price on shares of Lam Research from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Oppenheimer raised their price objective on Lam Research from $110.00 to $120.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Stifel Nicolaus raised their price objective on Lam Research from $92.00 to $110.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Wells Fargo & Company set a $98.00 price objective on Lam Research and gave the company an "equal weight" rating in a report on Thursday, July 31st. Finally, Barclays set a $83.00 price objective on Lam Research and gave the company an "equal weight" rating in a report on Monday, July 28th. Twenty analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $107.30.

Lam Research 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.