Lam Research Corporation $LRCX Shares Sold by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI lowered its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 1.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,907 shares of the semiconductor company’s stock after selling 128 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Lam Research were worth $1,160,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LRCX. Brighton Jones LLC increased its holdings 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. Pallas Capital Advisors LLC acquired a new position in shares of Lam Research in the 1st quarter valued at $504,000. GAMMA Investing LLC increased its holdings in shares of Lam Research by 21.5% in the 1st quarter. GAMMA Investing LLC now owns 29,408 shares of the semiconductor company’s stock valued at $2,138,000 after acquiring an additional 5,213 shares during the period. Integrated Advisors Network LLC increased its holdings in shares of Lam Research by 46.2% in the 1st quarter. Integrated Advisors Network LLC now owns 17,449 shares of the semiconductor company’s stock valued at $1,269,000 after acquiring an additional 5,517 shares during the period. Finally, Zhang Financial LLC increased its holdings in shares of Lam Research by 27.4% in the 1st quarter. Zhang Financial LLC now owns 4,737 shares of the semiconductor company’s stock valued at $344,000 after acquiring an additional 1,020 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $131.37 on Friday. The firm has a market capitalization of $165.66 billion, a P/E ratio of 31.58, a PEG ratio of 1.72 and a beta of 1.84. Lam Research Corporation has a one year low of $56.32 and a one year high of $153.70. The company’s fifty day moving average is $114.80 and its two-hundred day moving average is $94.46. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21.

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

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be given a $0.26 dividend. The ex-dividend date is Wednesday, September 24th. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s payout ratio is presently 25.00%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on LRCX shares. Erste Group Bank started coverage on shares of Lam Research in a report on Thursday, August 14th. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Lam Research from a “hold” rating to a “buy” rating and lifted their price objective for the company from $100.00 to $150.00 in a research report on Monday, September 29th. Argus lifted their price objective on shares of Lam Research from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Lam Research in a research report on Wednesday. Finally, Wells Fargo & Company lifted their price objective on shares of Lam Research from $98.00 to $135.00 and gave the company an “equal weight” rating in a research report on Thursday, October 2nd. Twenty-three equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.00.

Lam Research Company 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.