Natixis advisors l.p. boosts stake in lam research co. (lrcx) year 6 electricity

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Natixis Advisors L.P. raised its stake in shares of Lam Research Co. (NASDAQ:LRCX) by 6.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 19,128 shares of the semiconductor company’s stock after acquiring an additional 1,233 shares during the quarter. Natixis Advisors L.P.’s holdings electricity 101 episode 1 in Lam Research were worth $2,604,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its holdings in shares of Lam Research by 35,969.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 15,760,316 shares of the semiconductor company’s stock worth $116,000 after purchasing an additional 15,716,622 shares during the period. BlackRock Inc. increased its holdings in shares of Lam Research by 1.6% during the 4th quarter. BlackRock Inc. now owns 11,429,062 shares of the semiconductor company’s stock worth $1,556,294,000 after purchasing an additional 178,331 shares during the period. FMR LLC increased its holdings in shares of Lam Research by 51.9% during the 3rd quarter. FMR LLC now owns 3,538,138 shares of the semiconductor company’s stock worth $536,736,000 after purchasing an additional 1,208,149 shares during the period. Franklin Resources Inc. increased its holdings in shares of Lam Research by 159.5% during the gas house gang 3rd quarter. Franklin Resources Inc. now owns 3,256,363 shares of the semiconductor company’s stock worth $493,990,000 after purchasing an additional 2,001,261 shares during the period. Finally, LSV Asset Management increased its holdings in shares of Lam Research by 5.3% during the 4th quarter. LSV Asset Management now owns 3,045,010 shares of the semiconductor company’s stock worth $414,639,000 after purchasing an additional 153,891 shares during the period. Institutional investors own 87.69% of the company’s stock. Get Lam Research alerts:

LRCX has been the topic of several research reports. Credit Suisse Group restated a “buy” rating and set a $278.00 price objective on shares of Lam Research in a report on Monday, January 21st. Royal Bank of Canada upgraded shares of Lam Research from a “sector perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a report natural gas in spanish on Tuesday, January 29th. Morgan Stanley downgraded shares of Lam Research from an “overweight” rating to an “equal weight” rating in a report on Friday, February 22nd. Needham Company LLC initiated coverage on shares of Lam Research in a report on Friday, December 21st. They set a “buy” rating and a $180.00 price objective on the stock. Finally, KeyCorp dropped their price objective on shares of Lam Research from $231.00 to $223.00 and set an “overweight” rating on the stock in a report on Thursday, January 24th. One analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $212.72.

Lam Research (NASDAQ:LRCX) last 76 gas card payment announced its earnings results on Wednesday, January 23rd. The semiconductor company reported $3.87 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.67 by $0.20. Lam Research had a net margin of 26.69% and a return on equity of 48.08%. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the business earned $4.34 earnings per share. Lam Research’s quarterly revenue was down 2.2% on a year-over-year basis. Research analysts predict that Lam Research Co. will post 13.89 EPS for the current year.

Lam Research declared that its Board of Directors has authorized a stock buyback plan on Wednesday gas cap code, January 23rd that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to purchase up to 23% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 10th. Stockholders of record on Wednesday, March 20th will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, March 19th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.50%. Lam Research’s payout ratio is 24.62%.

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Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company offers a gas is compressed at a constant pressure of ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition product for copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatment; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition (ALD) products; and VECTOR plasma-enhanced CVD ALD products.