Groupe la Francaise Has $5.05 Million Holdings in Lam Research Corporation $LRCX

Groupe la Francaise lifted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 21.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,053 shares of the semiconductor company’s stock after acquiring an additional 9,099 shares during the period. Groupe la Francaise’s holdings in Lam Research were worth $5,047,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Blueshift Asset Management LLC acquired a new stake in shares of Lam Research in the 2nd quarter valued at about $231,000. Arrowstreet Capital Limited Partnership bought a new position in shares of Lam Research during the second quarter worth about $125,266,000. Westerkirk Capital Inc. acquired a new stake in Lam Research in the 2nd quarter valued at approximately $4,635,000. Quantbot Technologies LP lifted its stake in Lam Research by 43.7% in the 2nd quarter. Quantbot Technologies LP now owns 62,003 shares of the semiconductor company’s stock valued at $6,035,000 after acquiring an additional 18,853 shares in the last quarter. Finally, Van Hulzen Asset Management LLC boosted its position in Lam Research by 181.9% during the 2nd quarter. Van Hulzen Asset Management LLC now owns 158,943 shares of the semiconductor company’s stock worth $15,472,000 after acquiring an additional 102,553 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Lam Research Stock Up 1.0%

Shares of LRCX stock opened at $159.75 on Thursday. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $167.15. The stock has a market cap of $200.65 billion, a price-to-earnings ratio of 35.19, a PEG ratio of 1.59 and a beta of 1.77. The firm’s 50-day moving average is $148.83 and its 200-day moving average is $116.31. 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 announced its quarterly 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. The firm 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 previous year, the business earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Sell-side analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

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

Analyst Ratings Changes

LRCX has been the topic of a number of research reports. HSBC set a $127.00 price objective on shares of Lam Research and gave the stock a “hold” rating in a research report on Tuesday, September 30th. BNP Paribas Exane boosted 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. TD Cowen raised their price objective on Lam Research from $145.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Sanford C. Bernstein lifted their target price on Lam Research from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Finally, UBS Group reiterated a “buy” rating and set a $175.00 target price (up previously from $165.00) on shares of Lam Research in a report on Tuesday, November 25th. Twenty-six investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $152.87.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the sale, the chief financial officer owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This trade represents a 3.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the completion of the transaction, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 102,608 shares of company stock worth $14,916,496 in the last quarter. Insiders own 0.31% of the company’s stock.

About Lam Research

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.