Lam Research Corporation $LRCX Position Cut by Russell Investments Group Ltd.

Russell Investments Group Ltd. decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,972,611 shares of the semiconductor company’s stock after selling 116,455 shares during the quarter. Russell Investments Group Ltd.’s holdings in Lam Research were worth $338,559,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Lombard Odier Asset Management Switzerland SA grew its position in Lam Research by 179.2% in the 4th quarter. Lombard Odier Asset Management Switzerland SA now owns 68,281 shares of the semiconductor company’s stock worth $11,688,000 after purchasing an additional 43,828 shares during the last quarter. J. Stern & Co. LLP raised its holdings in shares of Lam Research by 3,826.9% during the fourth quarter. J. Stern & Co. LLP now owns 3,459,377 shares of the semiconductor company’s stock valued at $592,176,000 after buying an additional 3,371,283 shares during the last quarter. Guardian Wealth Advisors LLC NC raised its holdings in shares of Lam Research by 2.0% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 5,622 shares of the semiconductor company’s stock valued at $962,000 after buying an additional 108 shares during the last quarter. Clark Capital Management Group Inc. boosted its position in shares of Lam Research by 5.7% during the fourth quarter. Clark Capital Management Group Inc. now owns 11,989 shares of the semiconductor company’s stock worth $2,052,000 after buying an additional 643 shares during the period. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Lam Research during the fourth quarter worth approximately $85,000. Institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In related news, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the completion of the sale, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at approximately $13,762,005.30. This trade represents a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 86,339 shares of company stock valued at $27,680,267 over the last ninety days. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

LRCX has been the topic of several analyst reports. Evercore raised their target price on Lam Research from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Berenberg Bank boosted their price target on Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Raymond James Financial set a $425.00 price target on Lam Research in a research note on Wednesday, June 10th. Wall Street Zen lowered Lam Research from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Finally, HSBC lifted their price objective on shares of Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Twenty-eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $324.26.

Lam Research Trading Down 5.0%

Shares of LRCX stock opened at $369.34 on Wednesday. The stock has a 50-day simple moving average of $292.53 and a 200 day simple moving average of $237.34. The stock has a market capitalization of $461.89 billion, a P/E ratio of 69.69, a P/E/G ratio of 3.20 and a beta of 1.85. Lam Research Corporation has a fifty-two week low of $87.75 and a fifty-two week high of $393.07. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm 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 earned $1.04 earnings per share. Lam Research’s revenue for the quarter 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. On average, sell-side analysts expect that Lam Research Corporation will post 5.7 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The firm 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. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s payout ratio is presently 19.62%.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Several recent articles argue Lam Research still has strong growth potential, citing healthy earnings momentum, solid demand, and long-term outperformance potential. Is Lam Research (LRCX) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Positive Sentiment: Analysts and market commentary continue to point to AI-related semiconductor demand and advanced packaging as a possible growth catalyst for LRCX. Lam Research Expects Packaging Growth of 50%: Is It a Hidden Catalyst?
• Positive Sentiment: The broader chip rally is still supporting sentiment, with semiconductor ETFs and peers pushing to new highs and helping keep money flowing into the sector. Chips Up 8.8% in One Week: 5 Semiconductor Names Breaking Into New Highs
• Neutral Sentiment: One market note highlighted Lam Research as a “final trade,” which may reflect positive trader interest but does not provide a fundamental catalyst. Alphabet, Lam Research And A Financial Stock On CNBC’s ‘Final Trades’
• Neutral Sentiment: Lam Research director Eric Brandt sold 54,500 shares in a pre-arranged 10b5-1 transaction; the sale is notable, but it does not necessarily signal a negative business outlook. SEC filing for director share sale
• Negative Sentiment: Some commentary flagged Lam’s elevated valuation, suggesting the stock is priced for very strong future growth and could be vulnerable if that growth slows. Decoding LRCX Stock’s Premium Valuation
• Negative Sentiment: Trading headlines also noted that LRCX underperformed the broader market in the latest session, likely reinforcing short-term profit-taking after the recent run-up. Why Lam Research (LRCX) Dipped More Than Broader Market Today

Lam Research 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.