GAM Holding AG Has $14.02 Million Position in Lam Research Corporation $LRCX

GAM Holding AG raised its position in Lam Research Corporation (NASDAQ:LRCX) by 35.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 144,036 shares of the semiconductor company’s stock after acquiring an additional 37,341 shares during the quarter. Lam Research makes up about 1.0% of GAM Holding AG’s investment portfolio, making the stock its 23rd largest holding. GAM Holding AG’s holdings in Lam Research were worth $14,020,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in LRCX. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of Lam Research in the second quarter valued at about $436,000. Murphy Pohlad Asset Management LLC bought a new position in shares of Lam Research in the second quarter valued at about $205,000. Creekmur Asset Management LLC lifted its position in Lam Research by 41.7% during the second quarter. Creekmur Asset Management LLC now owns 11,617 shares of the semiconductor company’s stock worth $1,131,000 after acquiring an additional 3,417 shares during the last quarter. Kovack Advisors Inc. lifted its position in Lam Research by 5.2% during the second quarter. Kovack Advisors Inc. now owns 7,119 shares of the semiconductor company’s stock worth $693,000 after acquiring an additional 355 shares during the last quarter. Finally, Earned Wealth Advisors LLC lifted its position in Lam Research by 31.6% during the second quarter. Earned Wealth Advisors LLC now owns 10,626 shares of the semiconductor company’s stock worth $1,034,000 after acquiring an additional 2,552 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

LRCX has been the subject of several research reports. Rothschild & Co Redburn raised their price objective on shares of Lam Research from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. The Goldman Sachs Group raised their price objective on shares of Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Lam Research from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. Barclays set a $142.00 price target on shares of Lam Research and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Finally, TD Cowen raised their price target on shares of Lam Research from $145.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $148.54.

Lam Research Stock Performance

Shares of NASDAQ:LRCX opened at $161.01 on Friday. The company’s 50 day simple moving average is $127.98 and its 200 day simple moving average is $102.36. The stock has a market capitalization of $202.23 billion, a price-to-earnings ratio of 35.46, a price-to-earnings-growth ratio of 1.68 and a beta of 1.84. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $165.22.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. The business had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The firm’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same period last year, the firm posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, research analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.6%. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Wednesday, September 24th. Lam Research’s payout ratio is 22.91%.

Insider Buying and Selling

In related news, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the transaction, the insider directly owned 56,786 shares of the company’s stock, valued at $8,942,091.42. This trade represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Vahid Vahedi sold 52,190 shares of Lam Research 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 sale, the senior vice president directly owned 251,047 shares in the company, valued at $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.31% of the company’s stock.

Lam Research 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.