Caisse Des Depots ET Consignations Sells 3,497 Shares of Lam Research Corporation $LRCX

Caisse Des Depots ET Consignations reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 5.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,621 shares of the semiconductor company’s stock after selling 3,497 shares during the period. Caisse Des Depots ET Consignations’ holdings in Lam Research were worth $8,385,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Gilliland Jeter Wealth Management LLC lifted its position in shares of Lam Research by 0.3% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock worth $3,548,000 after buying an additional 69 shares during the last quarter. Gold Investment Management Ltd. lifted its holdings in shares of Lam Research by 0.5% in the third quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock worth $1,973,000 after acquiring an additional 70 shares during the last quarter. Hemington Wealth Management boosted its stake in shares of Lam Research by 4.3% in the 3rd quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock valued at $231,000 after purchasing an additional 72 shares in the last quarter. Magnus Financial Group LLC grew its holdings in shares of Lam Research by 0.3% during the 3rd quarter. Magnus Financial Group LLC now owns 22,838 shares of the semiconductor company’s stock valued at $3,058,000 after purchasing an additional 76 shares during the last quarter. Finally, Natural Investments LLC increased its position in Lam Research by 2.4% during the 3rd quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company’s stock worth $456,000 after purchasing an additional 79 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were 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 filing with the SEC, which is available through this link. Also, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the sale, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. This represents a 12.12% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.31% of the company’s stock.

Lam Research Stock Up 3.8%

Shares of NASDAQ LRCX opened at $235.12 on Thursday. The company’s 50 day moving average price is $198.74 and its 200-day moving average price is $153.46. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $251.87. The company has a market capitalization of $293.61 billion, a P/E ratio of 48.18, a price-to-earnings-growth ratio of 2.43 and a beta of 1.78.

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

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Lam Research’s dividend payout ratio is presently 21.31%.

Analyst Ratings Changes

A number of research firms have weighed in on LRCX. Jefferies Financial Group reaffirmed a “buy” rating and set a $200.00 target price (up previously from $175.00) on shares of Lam Research in a research note on Monday, December 15th. Oppenheimer restated an “outperform” rating and set a $265.00 price objective on shares of Lam Research in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft upped their target price on Lam Research from $260.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Bank of America lifted their price target on Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Finally, Stifel Nicolaus upped their price objective on Lam Research from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $244.88.

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.