Mitsubishi UFJ Trust & Banking Corp Sells 29,757 Shares of Lam Research Corporation $LRCX

Key Points

• Mitsubishi UFJ Trust & Banking Corp trimmed its stake in Lam Research by 3.2%, selling 29,757 shares and ending the quarter with 888,463 shares worth about $152.09 million (≈0.07% ownership).
• Lam Research beat quarterly estimates, reporting $1.47 EPS vs. $1.36 expected and $5.84B revenue vs. $5.70B, with revenue up 23.8% year-over-year and Q4 2026 EPS guidance of $1.50–$1.80.
• Insider activity has been net selling recently—insiders disposed of 130,886 shares worth roughly $29.66 million over the past 90 days, including a 35,000-share sale by director Eric Brandt.

Mitsubishi UFJ Trust & Banking Corp lowered its position in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 888,463 shares of the semiconductor company's stock after selling 29,757 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.07% of Lam Research worth $152,087,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Traphagen Investment Advisors LLC increased its stake in shares of Lam Research by 2.4% in the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company's stock worth $336,000 after acquiring an additional 46 shares in the last quarter. Field & Main Bank boosted its stake in Lam Research by 1.1% during the fourth quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company's stock worth $790,000 after acquiring an additional 50 shares in the last quarter. Capital Advisors Ltd. LLC grew its holdings in Lam Research by 1.1% in the fourth quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company's stock worth $795,000 after purchasing an additional 51 shares during the period. Global Financial Private Client LLC grew its holdings in Lam Research by 0.5% in the fourth quarter. Global Financial Private Client LLC now owns 11,037 shares of the semiconductor company's stock worth $1,889,000 after purchasing an additional 52 shares during the period. Finally, WealthCollab LLC increased its stake in shares of Lam Research by 29.3% during the fourth quarter. WealthCollab LLC now owns 243 shares of the semiconductor company's stock valued at $42,000 after purchasing an additional 55 shares in the last quarter. Institutional investors own 84.61% of the company's stock.

Lam Research Price Performance

Shares of LRCX opened at $259.49 on Tuesday. Lam Research Corporation has a twelve month low of $68.53 and a twelve month high of $275.84. The company has a market capitalization of $324.05 billion, a P/E ratio of 48.96, a price-to-earnings-growth ratio of 2.27 and a beta of 1.78. The firm has a 50 day moving average of $235.47 and a 200 day moving average of $199.47. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion for the quarter, compared to analysts' expectations of $5.70 billion. During the same period in the prior year, the firm posted $1.04 EPS. The firm'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 research analysts anticipate that Lam Research Corporation will post 5.53 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Lam Research's dividend payout ratio (DPR) is 19.62%.

Insider Buying and Selling

In other news, Director Eric Brandt sold 35,000 shares of the firm's stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director owned 253,705 shares of the company's stock, valued at $57,235,848. This trade represents a 12.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ava Harter sold 1,500 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the sale, the insider owned 53,205 shares of the company's stock, valued at $11,846,625.30. This represents a 2.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on LRCX. KeyCorp reiterated a "sector weight" rating on shares of Lam Research in a report on Thursday, January 29th. Weiss Ratings raised Lam Research from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday. Citic Securities lifted their price objective on Lam Research from $165.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, January 30th. New Street Research boosted their target price on Lam Research from $140.00 to $235.00 and gave the stock a "neutral" rating in a report on Tuesday, March 31st. Finally, Susquehanna increased their target price on Lam Research from $350.00 to $385.00 and gave the stock a "positive" rating in a research note on Thursday, April 23rd. Twenty-six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $284.49.

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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