Intech Investment Management LLC Buys 8,947 Shares of Lam Research Corporation $LRCX

Intech Investment Management LLC boosted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 25.4% in the fourth quarter, HoldingsChannel reports. The firm owned 44,225 shares of the semiconductor company’s stock after purchasing an additional 8,947 shares during the quarter. Intech Investment Management LLC’s holdings in Lam Research were worth $7,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LRCX. Foundations Investment Advisors LLC boosted its position in shares of Lam Research by 28.0% in the fourth quarter. Foundations Investment Advisors LLC now owns 55,370 shares of the semiconductor company’s stock valued at $9,478,000 after acquiring an additional 12,106 shares during the period. Baker Avenue Asset Management LP boosted its position in shares of Lam Research by 18.1% in the fourth quarter. Baker Avenue Asset Management LP now owns 176,975 shares of the semiconductor company’s stock valued at $30,295,000 after acquiring an additional 27,088 shares during the period. Thoroughbred Financial Services LLC boosted its position in shares of Lam Research by 0.8% in the fourth quarter. Thoroughbred Financial Services LLC now owns 22,379 shares of the semiconductor company’s stock valued at $3,830,000 after acquiring an additional 181 shares during the period. Murphy & Mullick Capital Management Corp boosted its position in shares of Lam Research by 10.9% in the fourth quarter. Murphy & Mullick Capital Management Corp now owns 3,560 shares of the semiconductor company’s stock valued at $609,000 after acquiring an additional 350 shares during the period. Finally, IPG Investment Advisors LLC boosted its position in shares of Lam Research by 366.4% in the fourth quarter. IPG Investment Advisors LLC now owns 10,260 shares of the semiconductor company’s stock valued at $1,757,000 after acquiring an additional 8,060 shares during the period. 84.61% of the stock is owned by institutional investors.

Insider Activity at Lam Research

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the transaction, the senior vice president directly owned 66,129 shares in the company, valued at approximately $16,872,153.06. This trade represents a 21.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 120,066 shares of company stock worth $27,953,242 over the last ninety days. Insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

NASDAQ:LRCX opened at $318.18 on Friday. The stock has a market cap of $397.91 billion, a P/E ratio of 60.03, a price-to-earnings-growth ratio of 2.63 and a beta of 1.81. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The stock’s 50-day moving average is $263.88 and its 200-day moving average is $220.80. Lam Research Corporation has a 1-year low of $79.49 and a 1-year high of $333.33.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. During the same period in the previous year, the business posted $1.04 earnings per share. The business’s quarterly revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities research analysts anticipate that Lam Research Corporation will post 5.67 earnings per share for the current year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued a $0.26 dividend. The ex-dividend date is Wednesday, June 17th. This represents a $1.04 annualized dividend and a yield of 0.3%. Lam Research’s dividend payout ratio is presently 19.62%.

Lam Research News Summary

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Lam Research hit a new 12-month high, reinforcing strong momentum in the shares and signaling continued investor demand for semiconductor equipment stocks.
• Positive Sentiment: Mizuho Securities reiterated its Buy rating on Lam Research, which supports the stock’s bullish trading tone.
• Positive Sentiment: Options activity showed unusually heavy interest in Lam Research, with investors reportedly favoring short put positions, a sign some traders expect the stock to hold up or rise further.
• Positive Sentiment: Broader semiconductor commentary remained constructive, as Applied Materials’ CEO said AI-driven demand is creating the strongest period ever for the chip equipment industry, a favorable backdrop for Lam Research.
• Neutral Sentiment: Recent articles noted Lam Research’s strong technical run and high valuation, suggesting momentum is powerful but the stock may be vulnerable to volatility if expectations cool.
• Negative Sentiment: Some market commentary questioned whether the semiconductor rally is getting ahead of fundamentals, warning that chip stocks could face a pullback if the current “supercycle” narrative weakens.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on LRCX shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Sanford C. Bernstein boosted their target price on shares of Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Royal Bank Of Canada boosted their price target on Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Barclays set a $275.00 price target on Lam Research and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Finally, Citigroup reaffirmed a “buy” rating and issued a $315.00 price target (up from $300.00) on shares of Lam Research in a research note on Thursday, April 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $295.07.

Lam Research Company 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.