Bank Julius Baer & Co. Ltd Zurich Grows Position in Lam Research Corporation $LRCX

Bank Julius Baer & Co. Ltd Zurich grew its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 30.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,330,034 shares of the semiconductor company’s stock after purchasing an additional 540,406 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned about 0.18% of Lam Research worth $227,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares during the period. Mutual of America Capital Management LLC purchased a new stake in shares of Lam Research during the first quarter worth $13,345,000. Avantax Advisory Services Inc. boosted its holdings in shares of Lam Research by 20.1% in the first quarter. Avantax Advisory Services Inc. now owns 47,336 shares of the semiconductor company’s stock worth $3,441,000 after acquiring an additional 7,929 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Lam Research by 7.7% in the first quarter. Cetera Investment Advisers now owns 353,592 shares of the semiconductor company’s stock worth $25,706,000 after acquiring an additional 25,348 shares during the period. Finally, Pacer Advisors Inc. grew its position in shares of Lam Research by 9.2% in the first quarter. Pacer Advisors Inc. now owns 221,015 shares of the semiconductor company’s stock valued at $16,068,000 after purchasing an additional 18,655 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

LRCX has been the topic of a number of recent research reports. Argus increased their price objective on Lam Research from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. Mizuho raised their price objective on shares of Lam Research from $162.00 to $170.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Dbs Bank boosted their price objective on shares of Lam Research from $119.40 to $184.20 in a research note on Monday, October 27th. Finally, Erste Group Bank began coverage on shares of Lam Research in a report on Thursday, August 14th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $151.84.

Insider Transactions at Lam Research

In other Lam Research news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the insider owned 56,786 shares of the company’s stock, valued at $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Vahid Vahedi sold 52,190 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 102,608 shares of company stock worth $14,916,496. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Performance

NASDAQ LRCX opened at $142.65 on Monday. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $167.15. The company has a fifty day moving average of $144.17 and a 200-day moving average of $112.43. The company has a market capitalization of $179.17 billion, a P/E ratio of 31.42, a P/E/G ratio of 1.68 and a beta of 1.87. 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 released its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, beating 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 analysts’ expectations of $5.23 billion. During the same quarter in the prior year, the firm earned $0.86 earnings per share. The firm’s revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities research analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Lam Research Company 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.