Schroder Investment Management Group Cuts Stock Position in Lam Research Corporation $LRCX

Schroder Investment Management Group cut its position in Lam Research Corporation (NASDAQ:LRCX) by 59.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 876,645 shares of the semiconductor company’s stock after selling 1,311,143 shares during the quarter. Schroder Investment Management Group’s holdings in Lam Research were worth $85,333,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of LRCX. IMG Wealth Management Inc. purchased a new position in shares of Lam Research in the 2nd quarter worth approximately $26,000. REAP Financial Group LLC acquired a new stake in Lam Research in the second quarter valued at approximately $31,000. Bank of Jackson Hole Trust grew its holdings in Lam Research by 111.1% in the second quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 200 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Lam Research during the second quarter worth $38,000. Finally, Hilltop National Bank purchased a new stake in shares of Lam Research during the 2nd quarter valued at $38,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Trading Down 0.1%

Lam Research stock opened at $154.95 on Friday. The stock has a 50-day moving average price of $147.23 and a 200 day moving average price of $114.78. The company has a market capitalization of $194.62 billion, a price-to-earnings ratio of 34.13, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $167.15. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter in the prior year, the company earned $0.86 EPS. Lam Research’s quarterly 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. Sell-side analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently announced 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 annualized dividend 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 22.91%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. BNP Paribas Exane boosted their target price on Lam Research from $80.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Cantor Fitzgerald reissued an “overweight” rating and issued a $170.00 price target on shares of Lam Research in a report on Thursday, October 23rd. Mizuho upped their price objective on shares of Lam Research from $162.00 to $170.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Zacks Research lowered shares of Lam Research from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 24th. Finally, Cowen reiterated a “buy” rating on shares of Lam Research in a research note on Thursday, October 23rd. Twenty-six analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $152.17.

Insider Buying and Selling at Lam Research

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the sale, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This represents a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ava Harter sold 9,010 shares of the stock in a transaction dated 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 sale, the insider directly owned 56,786 shares in the company, valued at $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. Over the last ninety days, insiders have sold 102,608 shares of company stock valued at $14,916,496. 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.