Y.D. More Investments Ltd Buys 3,185 Shares of Lam Research Corporation $LRCX

Y.D. More Investments Ltd boosted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 29.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 14,023 shares of the semiconductor company’s stock after buying an additional 3,185 shares during the period. Y.D. More Investments Ltd’s holdings in Lam Research were worth $2,403,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lingohr Asset Management GmbH raised its stake in shares of Lam Research by 590.7% in the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock valued at $7,974,000 after acquiring an additional 50,933 shares during the period. Mediolanum International Funds Ltd boosted its holdings in shares of Lam Research by 52.0% in the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock valued at $34,417,000 after purchasing an additional 89,856 shares during the period. First Citizens Bank & Trust Co. grew its position in shares of Lam Research by 8.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock worth $18,804,000 after buying an additional 10,408 shares in the last quarter. Thoroughbred Financial Services LLC lifted its holdings in Lam Research by 115.2% during the third quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock worth $2,972,000 after buying an additional 11,883 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its position in Lam Research by 30.9% during the third quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock valued at $19,369,000 after purchasing an additional 34,147 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on LRCX. Susquehanna set a $325.00 target price on Lam Research and gave the company a “positive” rating in a research report on Thursday, January 29th. UBS Group set a $300.00 price objective on Lam Research in a report on Thursday, January 29th. Evercore set a $275.00 target price on shares of Lam Research in a research report on Thursday, January 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $290.00 price objective (up from $260.00) on shares of Lam Research in a report on Thursday, January 29th. Finally, B. Riley Financial reaffirmed a “buy” rating on shares of Lam Research in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $245.35.

Insider Transactions at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the transaction, the director owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 130,886 shares of company stock worth $29,658,802. Corporate insiders own 0.31% of the company’s stock.

Lam Research Price Performance

Shares of LRCX opened at $218.44 on Monday. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The firm has a market cap of $272.78 billion, a P/E ratio of 44.76, a price-to-earnings-growth ratio of 2.35 and a beta of 1.78. The company’s 50-day moving average price is $227.02 and its 200 day moving average price is $185.77. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $256.68.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the previous year, the company posted $0.91 EPS. Lam Research’s revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, sell-side analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

Lam Research 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.