Financiere des Professionnels Fonds d investissement inc. Raises Stock Holdings in Lam Research Corporation $LRCX

Financiere des Professionnels Fonds d investissement inc. grew its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 227.6% in the first quarter, Holdings Channel reports. The fund owned 46,349 shares of the semiconductor company’s stock after buying an additional 32,203 shares during the quarter. Financiere des Professionnels Fonds d investissement inc.’s holdings in Lam Research were worth $9,903,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. PMV Capital Advisers LLC purchased a new stake in Lam Research during the fourth quarter valued at $25,000. Stance Capital LLC bought a new stake in shares of Lam Research in the 3rd quarter worth about $26,000. Bayban purchased a new stake in shares of Lam Research during the 4th quarter valued at about $26,000. Vermillion Wealth Management Inc. bought a new position in shares of Lam Research in the 1st quarter valued at about $26,000. Finally, Cedar Mountain Advisors LLC grew its position in Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 85 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Price Performance

Shares of LRCX stock opened at $320.96 on Friday. The stock has a 50 day moving average price of $339.19 and a 200 day moving average price of $268.63. Lam Research Corporation has a 52-week low of $90.93 and a 52-week high of $438.50. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The firm has a market capitalization of $401.38 billion, a P/E ratio of 60.56, a P/E/G ratio of 1.99 and a beta of 1.80.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 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 company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the prior year, the company posted $1.04 EPS. Lam Research’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, sell-side analysts predict that Lam Research Corporation will post 5.68 earnings per share for the current year.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were issued a $0.26 dividend. The ex-dividend date was Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s dividend payout ratio is presently 19.62%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on LRCX shares. Weiss Ratings downgraded Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. TD Cowen reiterated a “buy” rating and issued a $400.00 target price (up from $340.00) on shares of Lam Research in a report on Thursday, July 9th. Stifel Nicolaus boosted their target price on Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Seaport Research Partners began coverage on Lam Research in a report on Monday, May 4th. They set a “buy” rating and a $300.00 price target on the stock. Finally, Jefferies Financial Group raised their price target on Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Twenty-eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $358.67.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: TD Cowen raised its price target on Lam Research and kept a Buy rating, reinforcing expectations that AI-driven semiconductor spending remains a tailwind.
• Positive Sentiment: Morgan Stanley named Lam Research one of its top stock picks for strong upcoming earnings, which supports confidence in the company’s near-term fundamental outlook.
• Positive Sentiment: Recent commentary continues to highlight Lam Research as a beneficiary of AI-related demand for wafer fabrication equipment, HBM, and advanced DRAM.
• Neutral Sentiment: Ithaka Group added LRCX to its portfolio in the second quarter, showing institutional interest, but this is not a direct catalyst for the stock’s move today.
• Neutral Sentiment: Valuation-focused articles suggest Lam Research may already reflect a lot of optimism after a strong multi-year run, which could limit upside if growth expectations cool.
• Negative Sentiment: Director Abhijit Talwalkar sold 18,282 shares in a pre-arranged Rule 10b5-1 transaction, adding a modest headwind to sentiment even though the sale was planned.
• Negative Sentiment: Sector-wide weakness tied to TSMC’s capex reset and ASML-related selling is weighing on Lam Research along with the rest of the semiconductor equipment group.

Insider Activity at Lam Research

In related news, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the transaction, the director owned 199,205 shares of the company’s stock, valued at $69,881,114. This trade represents a 21.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the sale, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. The trade was a 21.55% 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. Over the last quarter, insiders sold 104,621 shares of company stock worth $33,804,737. 0.31% of the stock is currently owned by corporate insiders.

About Lam Research

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.