Mufg Securities Americas Inc. Grows Position in Lam Research Corporation $LRCX

Mufg Securities Americas Inc. boosted its position in Lam Research Corporation (NASDAQ:LRCX) by 20.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,129 shares of the semiconductor company’s stock after acquiring an additional 5,780 shares during the quarter. Mufg Securities Americas Inc.’s holdings in Lam Research were worth $4,570,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LRCX. Norges Bank purchased a new stake in shares of Lam Research during the 2nd quarter worth about $1,894,585,000. JPMorgan Chase & Co. lifted its position in Lam Research by 14.4% during the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after buying an additional 5,102,589 shares in the last quarter. Artisan Partners Limited Partnership grew its stake in Lam Research by 35.4% during the second quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock worth $958,786,000 after buying an additional 2,575,456 shares during the period. Sei Investments Co. increased its position in shares of Lam Research by 103.5% in the second quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock worth $296,833,000 after acquiring an additional 1,550,842 shares in the last quarter. Finally, Voya Investment Management LLC raised its stake in shares of Lam Research by 48.9% in the 3rd quarter. Voya Investment Management LLC now owns 4,445,681 shares of the semiconductor company’s stock valued at $594,620,000 after acquiring an additional 1,460,622 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LRCX has been the subject of a number of research reports. Bank of America upped their price target on shares of Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Argus increased their target price on Lam Research from $175.00 to $280.00 in a research note on Tuesday, February 3rd. Stifel Nicolaus raised their target price on Lam Research from $250.00 to $280.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $290.00 price target (up previously from $260.00) on shares of Lam Research in a report on Thursday, January 29th. Finally, Susquehanna set a $325.00 price objective on shares of Lam Research and gave the company a “positive” rating in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $244.88.

Lam Research Stock Performance

Shares of LRCX opened at $242.27 on Tuesday. The firm has a market cap of $302.54 billion, a price-to-earnings ratio of 49.65, a PEG ratio of 2.63 and a beta of 1.78. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $210.67 and its two-hundred day moving average is $161.76. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $251.87.

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

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be given 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 0.4%. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

Insider Buying and Selling

In related news, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the transaction, the director directly owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.31% of the company’s stock.

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.