Lam Research Corporation $LRCX Shares Acquired by Simmons Bank

Simmons Bank increased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 58.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,050 shares of the semiconductor company’s stock after purchasing an additional 1,860 shares during the quarter. Simmons Bank’s holdings in Lam Research were worth $1,079,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of LRCX. Vermillion Wealth Management Inc. purchased a new position in Lam Research during the 1st quarter valued at about $26,000. PMV Capital Advisers LLC purchased a new stake in shares of Lam Research in the fourth quarter valued at about $25,000. Bayban purchased a new stake in shares of Lam Research in the fourth quarter valued at about $26,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Lam Research in the fourth quarter valued at approximately $27,000. Finally, Core Wealth Advisors LLC acquired a new position in shares of Lam Research in the fourth quarter valued at approximately $29,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Lam Research

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

• Positive Sentiment: Lam Research is benefiting from a broader rally in chip-equipment names, fueled by expectations for stronger leading-edge semiconductor spending and AI infrastructure investment. Lam Research shares jump as chip-equipment rally builds on AI demand and Samsung process news
• Positive Sentiment: Recent analyst target hikes have reinforced bullish sentiment, including Bank of America’s $480 target and another fresh target increase from Susquehanna, which helped push the stock to record territory. Lam Research (LRCX) Soars to Record High After Bank of America Sets $480 Price Target
• Positive Sentiment: Lam Research’s addition to the Russell Top 50 Index may bring extra institutional attention and index-related buying, supporting visibility and demand for the shares. Lam Research (LRCX) Joins The Russell Top 50 Index As Its Market Profile Grows
• Neutral Sentiment: The stock’s recent surge has also put valuation in focus, with some coverage highlighting that the rally has made Lam Research look richer relative to historical levels. Lam Research (NASDAQ:LRCX) Rally Puts Valuation In Focus
• Neutral Sentiment: Erste Group slightly raised earnings estimates for FY2026 and FY2027, which supports the growth narrative, though the firm kept a Hold rating. Lam Research Corporation (NASDAQ:LRCX) research coverage

Lam Research Trading Up 5.5%

NASDAQ:LRCX opened at $433.33 on Wednesday. The business’s 50-day moving average is $320.21 and its two-hundred day moving average is $253.79. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. Lam Research Corporation has a 12 month low of $90.93 and a 12 month high of $438.50. The firm has a market capitalization of $541.91 billion, a PE ratio of 81.76, a price-to-earnings-growth ratio of 3.40 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last issued its 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 during the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the prior year, the business earned $1.04 earnings per share. The company’s 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. Research analysts predict that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders 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 yield of 0.2%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio is currently 19.62%.

Wall Street Analyst Weigh In

LRCX has been the topic of a number of analyst reports. Wells Fargo & Company restated an “overweight” rating and set a $450.00 target price (up from $365.00) on shares of Lam Research in a research report on Monday, June 22nd. Jefferies Financial Group increased their price target on Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. JPMorgan Chase & Co. raised their price objective on Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Bank of America lifted their price objective on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $300.00 target price on shares of Lam Research in a research note on Thursday, April 23rd. Twenty-eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $345.39.

Insider Buying and Selling at Lam Research

In other news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction on 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 completion of the transaction, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 86,339 shares of company stock valued at $27,680,267 over the last 90 days. 0.31% of the stock is owned by corporate insiders.

About Lam Research

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.