Rakuten Investment Management Inc. Buys 228,531 Shares of Lam Research Corporation $LRCX

Rakuten Investment Management Inc. lifted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 617.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 265,528 shares of the semiconductor company’s stock after buying an additional 228,531 shares during the period. Rakuten Investment Management Inc.’s holdings in Lam Research were worth $46,698,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of LRCX. Brighton Jones LLC lifted its stake in Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 12,936 shares during the period. Caxton Associates LLP bought a new stake in shares of Lam Research in the 1st quarter valued at about $239,000. Gabelli Funds LLC acquired a new stake in shares of Lam Research in the 2nd quarter valued at approximately $253,000. NewEdge Advisors LLC boosted its stake in Lam Research by 2.7% during the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after acquiring an additional 2,661 shares during the last quarter. Finally, Osterweis Capital Management Inc. boosted its stake in Lam Research by 5,206.7% during the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after acquiring an additional 781 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $388.92 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The business has a 50-day moving average of $289.51 and a 200-day moving average of $235.83. The stock has a market capitalization of $486.37 billion, a price-to-earnings ratio of 73.38, a PEG ratio of 3.02 and a beta of 1.85. Lam Research Corporation has a fifty-two week low of $87.75 and a fifty-two week high of $393.07.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.36 by $0.11. The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.04 earnings per share. 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 5.7 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s payout ratio is presently 19.62%.

Insiders Place Their Bets

In other news, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Neil J. Fernandes sold 7,659 shares of Lam Research stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the transaction, the senior vice president owned 58,470 shares of the company’s stock, valued at $18,102,312. The trade was a 11.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 86,339 shares of company stock valued at $27,680,267. 0.31% of the stock is currently owned by corporate insiders.

Lam Research News Roundup

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

• Positive Sentiment: Multiple recent articles describe Lam Research as a strong growth and long-term stock, citing its earnings outlook and potential to outperform the market. Is Lam Research (LRCX) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Positive Sentiment: The broader semiconductor sector has been rallying, with chip ETFs and several semiconductor names hitting new highs, which is lifting sentiment across the group, including LRCX. Chips Up 8.8% in One Week: 5 Semiconductor Names Breaking Into New Highs
• Positive Sentiment: Commentary notes Lam Research has surged off its June lows as lower rates and a more favorable Fed backdrop improved risk appetite for semicap stocks. Buy, Hold, or Sell: Lam Research Rocketed 21% Off Its June Lows as a New Fed Begins. Is LRCX Worthwhile at $366?
• Neutral Sentiment: Lam Research director Eric Brandt sold 54,500 shares for about $19.1 million, but the sale was disclosed as part of a pre-arranged Rule 10b5-1 plan, limiting the negative takeaway. SEC filing for director share sale
• Neutral Sentiment: Industry commentary also highlights semiconductor ETFs as a popular trading theme, reinforcing sector momentum but offering no new Lam-specific catalyst. Semiconductor ETFs Now Dominate the Most‑Traded List — A Signal You Can’t Ignore

Analyst Upgrades and Downgrades

Several equities research analysts have commented on LRCX shares. Mizuho set a $380.00 target price on shares of Lam Research and gave the company an “outperform” rating in a research note on Wednesday, May 27th. HSBC boosted their price target on shares of Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a report on Friday, April 24th. Weiss Ratings downgraded Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. Bank of America boosted their target price on Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $290.00 price target on shares of Lam Research in a report on Thursday, April 23rd. Twenty-eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $324.26.

Lam Research Company 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.