Lam Research Corporation $LRCX Holdings Boosted by Nordea Investment Management AB

Nordea Investment Management AB boosted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 6.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,312,752 shares of the semiconductor company’s stock after purchasing an additional 718,178 shares during the quarter. Lam Research makes up approximately 1.3% of Nordea Investment Management AB’s holdings, making the stock its 9th biggest position. Nordea Investment Management AB owned 0.90% of Lam Research worth $1,512,854,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. IMG Wealth Management Inc. purchased a new stake in Lam Research in the 2nd quarter worth $26,000. Howard Hughes Medical Institute purchased a new stake in shares of Lam Research in the second quarter worth about $27,000. Sound Income Strategies LLC bought a new position in Lam Research during the third quarter valued at approximately $41,000. Tripletail Wealth Management LLC bought a new stake in Lam Research in the 3rd quarter worth approximately $44,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in shares of Lam Research during the 2nd quarter worth approximately $29,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Stock Up 0.9%

Shares of NASDAQ LRCX opened at $220.40 on Tuesday. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $222.58. The firm has a market capitalization of $276.83 billion, a price-to-earnings ratio of 48.55, a PEG ratio of 2.52 and a beta of 1.77. The stock has a 50 day moving average price of $167.18 and a 200 day moving average price of $134.20. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21.

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

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, December 3rd. Lam Research’s dividend payout ratio is presently 22.91%.

Insider Activity at Lam Research

In related news, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, 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 owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 50,418 shares of company stock valued at $7,667,305 over the last ninety days. 0.31% of the stock is owned by company insiders.

Analyst Ratings Changes

LRCX has been the subject of a number of recent research reports. Jefferies Financial Group reissued a “buy” rating and issued a $200.00 target price (up from $175.00) on shares of Lam Research in a report on Monday, December 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. Mizuho set a $220.00 target price on shares of Lam Research and gave the company an “outperform” rating in a research report on Friday. Berenberg Bank lifted their price target on Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, New Street Research boosted their price objective on Lam Research from $105.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Twenty-six research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $167.71.

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.