Lam Research Corporation $LRCX Shares Acquired by KBC Group NV

KBC Group NV increased its position in Lam Research Corporation (NASDAQ:LRCX) by 6.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 849,039 shares of the semiconductor company’s stock after acquiring an additional 48,336 shares during the period. KBC Group NV owned approximately 0.07% of Lam Research worth $82,645,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC increased its stake in Lam Research by 10.5% during the 1st quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock valued at $13,629,000 after buying an additional 17,833 shares during the period. Genus Capital Management Inc. acquired a new position in Lam Research during the second quarter worth about $14,476,000. Cookson Peirce & Co. Inc. acquired a new stake in Lam Research in the 1st quarter valued at about $607,000. Glass Wealth Management Co LLC boosted its position in shares of Lam Research by 8.5% during the 2nd quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock valued at $2,810,000 after purchasing an additional 2,270 shares in the last quarter. Finally, First Interstate Bank acquired a new position in shares of Lam Research in the 2nd quarter worth approximately $230,000. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $159.18 on Wednesday. The business’s 50-day simple moving average is $137.51 and its 200-day simple moving average is $108.19. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $167.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The firm has a market cap of $199.93 billion, a price-to-earnings ratio of 35.06, a P/E/G ratio of 1.68 and a beta of 1.87.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. The firm’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period last year, the business earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s payout ratio is 22.91%.

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total value of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares in the company, valued at $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction on Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the sale, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This represents a 17.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 62,528 shares of company stock valued at $8,880,448 over the last quarter. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on LRCX shares. BNP Paribas Exane lifted their price target on shares of Lam Research from $80.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Wall Street Zen downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Saturday. Summit Insights downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $170.00 target price on shares of Lam Research in a research report on Thursday, October 23rd. Finally, Needham & Company LLC increased their price objective on Lam Research from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $148.54.

Lam Research 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.