McLaughlin Asset Management Inc. Takes $2.31 Million Position in Lam Research Corporation $LRCX

McLaughlin Asset Management Inc. acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,524 shares of the semiconductor company’s stock, valued at approximately $2,315,000. Lam Research accounts for approximately 2.1% of McLaughlin Asset Management Inc.’s holdings, making the stock its 11th biggest holding.

Other hedge funds have also bought and sold shares of the company. Triumph Capital Management boosted its position in Lam Research by 22.5% during the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 45 shares during the last quarter. Traphagen Investment Advisors LLC raised its position in shares of Lam Research by 2.4% in the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 46 shares in the last quarter. Bank of Jackson Hole Trust raised its position in shares of Lam Research by 12.6% in the 4th quarter. Bank of Jackson Hole Trust now owns 428 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 48 shares in the last quarter. Field & Main Bank lifted its stake in shares of Lam Research by 1.1% in the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock valued at $790,000 after purchasing an additional 50 shares during the period. Finally, Capital Advisors Ltd. LLC lifted its stake in shares of Lam Research by 1.1% in the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock valued at $795,000 after purchasing an additional 51 shares during the period. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Up 4.0%

Shares of NASDAQ:LRCX opened at $389.04 on Friday. The business’s 50 day simple moving average is $298.90 and its two-hundred day simple moving average is $240.53. The firm has a market cap of $486.52 billion, a P/E ratio of 73.40, a PEG ratio of 3.08 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. Lam Research Corporation has a 52-week low of $87.75 and a 52-week high of $401.00.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating 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 firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the previous year, the company posted $1.04 earnings per share. The company’s quarterly revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts forecast that Lam Research Corporation will post 5.7 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm 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 $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s dividend payout ratio (DPR) is 19.62%.

Trending Headlines about Lam Research

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

• Positive Sentiment: Citi raised its price target on Lam Research to $450 from $315, citing booming wafer fab equipment (WFE) demand and improved forecasts for the sector. Citi lifts PTs on AMAT, LRCX, & KLAC amid booming WFE demand
• Positive Sentiment: Oppenheimer increased its target on Lam Research to $400 from $330 and reiterated an Outperform rating, saying its bus tour strengthened confidence in AI-related WFE growth potential. Lam Research Corporation (LRCX)’s WFE Opportunity May Be Bigger Than Expected
• Positive Sentiment: Rothschild & Co Redburn also lifted its price target to $420 from $305 and kept a Buy rating, adding to the bullish analyst momentum around the stock. MarketScreener
• Positive Sentiment: Recent coverage highlighted Lam Research as a top momentum name, with articles pointing to strong earnings growth expectations and a favorable GF Score, reinforcing investor enthusiasm. Are You Looking for a Top Momentum Pick? Why Lam Research (LRCX) is a Great Choice
• Neutral Sentiment: Some market commentary compared Lam Research with Texas Instruments and suggested TXN may be the more attractive valuation play, but this was more a relative-value debate than a direct negative catalyst for LRCX. TXN vs. LRCX: Which Semiconductor Stock Is the Better Buy Right Now?
• Negative Sentiment: One note reported heavy put-option buying in Lam Research, which can signal that some traders are hedging against near-term downside or volatility. Stock Traders Buy High Volume of Put Options on Lam Research (NASDAQ:LRCX)

Insider Activity

In related news, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the transaction, the director owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This trade represents a 21.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 dated 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 owned 53,205 shares of the company’s stock, valued at $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 86,339 shares of company stock worth $27,680,267 over the last three months. 0.31% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on LRCX shares. Wells Fargo & Company reaffirmed an “overweight” rating and set a $575.00 target price (up from $320.00) on shares of Lam Research in a research note on Monday, June 1st. Mizuho set a $380.00 price target on Lam Research and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Weiss Ratings cut Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. Jefferies Financial Group raised their price objective on shares of Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, TD Cowen lifted their price objective on shares of Lam Research from $290.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Twenty-eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $333.62.

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.