Lam Research Corporation $LRCX Stock Position Increased by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its Lam Research stake by 1.5% in the third quarter, adding 5,300 shares to own 369,143 shares valued at approximately $121.3 million. Institutional investors collectively hold 84.61% of LRCX.
• Lam Research reported strong quarterly results, with revenue rising 30% year over year to $6.72 billion and EPS of $1.82, exceeding analyst expectations. The company continues to benefit from AI-driven demand for advanced packaging, high-bandwidth memory and semiconductor equipment.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $364.59; the company also raised its quarterly dividend to $0.33 per share from $0.26.

Mn Services Vermogensbeheer B.V. increased its stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 1.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 369,143 shares of the semiconductor company's stock after purchasing an additional 5,300 shares during the period. Lam Research accounts for about 0.9% of Mn Services Vermogensbeheer B.V.'s holdings, making the stock its 24th biggest position. Mn Services Vermogensbeheer B.V.'s holdings in Lam Research were worth $121,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bayban acquired a new position in shares of Lam Research in the fourth quarter worth $26,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Lam Research during the first quarter valued at $26,000. Cedar Mountain Advisors LLC increased its position in Lam Research by 242.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company's stock worth $26,000 after purchasing an additional 85 shares in the last quarter. Paladin Partners LLC purchased a new stake in Lam Research during the 2nd quarter worth about $26,000. Finally, University of Illinois Foundation acquired a new position in Lam Research in the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 84.61% of the company's stock.

Key Lam Research News

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

• Positive Sentiment: Lam Research remains a major beneficiary of AI-related chip investment, including demand for advanced packaging, high-bandwidth memory and semiconductor manufacturing equipment. The stock has gained approximately 73% year to date and was identified as one of the leading return-on-equity stocks. Is Lam Research a Smart AI Stock Pick?
• Positive Sentiment: Recent investment commentary highlighted Lam alongside NVIDIA, Applied Materials and TSMC as companies with dependable earnings and durable growth prospects from the AI semiconductor cycle. Top Chip Stocks to Ride the AI Boom
• Positive Sentiment: Lam’s latest reported quarter showed strong execution: earnings per share and revenue exceeded consensus estimates, with revenue up 30% year over year. Management also provided quarterly EPS guidance of $2.00 to $2.30, supporting the growth narrative.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on LRCX shares. Susquehanna reaffirmed a "positive" rating and set a $475.00 price target (up from $385.00) on shares of Lam Research in a research note on Tuesday, June 30th. B. Riley Financial upped their price objective on shares of Lam Research from $350.00 to $390.00 and gave the company a "buy" rating in a research note on Thursday, October 1st. Needham & Company LLC restated a "buy" rating and set a $390.00 target price on shares of Lam Research in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $320.00 target price on shares of Lam Research in a research note on Thursday, July 30th. Finally, Zacks Research upgraded Lam Research from a "hold" rating to a "strong-buy" rating in a report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Lam Research has a consensus rating of "Moderate Buy" and a consensus target price of $364.59.

Insider Transactions at Lam Research

In related 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 transaction, the insider directly owned 42,462 shares of the company's stock, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Talwalkar sold 18,282 shares of Lam Research stock in a transaction on Monday, July 13th. The shares were sold at an average price of $335.00, for a total value 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. The trade was a 17.34% 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. Insiders sold a total of 32,839 shares of company stock worth $10,644,740 in the last ninety days. Insiders own 0.31% of the company's stock.

Lam Research Price Performance

LRCX opened at $320.59 on Friday. The company's 50 day simple moving average is $310.47 and its 200 day simple moving average is $305.77. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. Lam Research Corporation has a 1 year low of $131.02 and a 1 year high of $438.50. The stock has a market capitalization of $401.19 billion, a PE ratio of 55.66, a P/E/G ratio of 1.31 and a beta of 1.85.

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

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, September 23rd. This is a positive change from Lam Research's previous quarterly dividend of $0.26. Lam Research's payout ratio is currently 22.92%.

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company's portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.

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