Focus Partners Wealth Grows Position in Lam Research Corporation $LRCX

Focus Partners Wealth raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 355.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,046,824 shares of the semiconductor company’s stock after buying an additional 1,597,187 shares during the quarter. Focus Partners Wealth’s holdings in Lam Research were worth $343,351,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in LRCX. Fortitude Advisory Group L.L.C. bought a new stake in shares of Lam Research in the 4th quarter worth $252,000. Glen Eagle Advisors LLC increased its holdings in shares of Lam Research by 2.8% in the 4th quarter. Glen Eagle Advisors LLC now owns 16,037 shares of the semiconductor company’s stock worth $2,745,000 after purchasing an additional 438 shares in the last quarter. KCM Investment Advisors LLC increased its holdings in shares of Lam Research by 8.4% in the 4th quarter. KCM Investment Advisors LLC now owns 11,864 shares of the semiconductor company’s stock worth $2,031,000 after purchasing an additional 918 shares in the last quarter. Knollwood Investment Advisory LLC grew its holdings in shares of Lam Research by 1.3% in the fourth quarter. Knollwood Investment Advisory LLC now owns 42,795 shares of the semiconductor company’s stock worth $7,326,000 after acquiring an additional 559 shares during the period. Finally, Clear Street Group Inc. grew its holdings in shares of Lam Research by 252.9% in the fourth quarter. Clear Street Group Inc. now owns 70,859 shares of the semiconductor company’s stock worth $12,130,000 after acquiring an additional 50,782 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other news, SVP Neil J. Fernandes sold 7,659 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the transaction, the senior vice president owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the transaction, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 31,839 shares of company stock worth $8,561,667 over the last three months. 0.31% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Citigroup reaffirmed a “buy” rating and issued a $315.00 price objective (up from $300.00) on shares of Lam Research in a report on Thursday, April 23rd. Evercore lifted their price objective on Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft boosted their price target on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, 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 report on Thursday, April 23rd. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $322.01.

Lam Research News Summary

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Lam Research Price Performance

NASDAQ:LRCX opened at $366.81 on Friday. 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 company has a market capitalization of $458.72 billion, a P/E ratio of 69.21, a P/E/G ratio of 3.04 and a beta of 1.85. Lam Research Corporation has a 12 month low of $87.75 and a 12 month high of $373.82. The business’s 50-day moving average is $286.10 and its 200 day moving average is $233.58.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities research analysts forecast that Lam Research Corporation will post 5.7 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

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.