CHICAGO TRUST Co NA Lowers Stock Holdings in Lam Research Corporation $LRCX

CHICAGO TRUST Co NA cut its holdings in Lam Research Corporation (NASDAQ:LRCX) by 4.9% in the first quarter, Holdings Channel reports. The institutional investor owned 31,486 shares of the semiconductor company’s stock after selling 1,636 shares during the quarter. Lam Research accounts for 1.1% of CHICAGO TRUST Co NA’s holdings, making the stock its 19th largest holding. CHICAGO TRUST Co NA’s holdings in Lam Research were worth $6,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in LRCX. Norges Bank purchased a new stake in Lam Research in the 4th quarter worth $3,645,427,000. Price T Rowe Associates Inc. MD lifted its holdings in Lam Research by 352.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,695,210 shares of the semiconductor company’s stock valued at $2,344,347,000 after purchasing an additional 10,666,540 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Lam Research by 781.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock valued at $1,518,542,000 after purchasing an additional 10,053,978 shares during the period. Franklin Resources Inc. grew its position in shares of Lam Research by 57.0% in the fourth quarter. Franklin Resources Inc. now owns 10,110,560 shares of the semiconductor company’s stock valued at $1,730,724,000 after purchasing an additional 3,671,073 shares during the period. Finally, Corient Private Wealth LLC increased its stake in shares of Lam Research by 235.5% during the fourth quarter. Corient Private Wealth LLC now owns 5,199,441 shares of the semiconductor company’s stock worth $890,040,000 after purchasing an additional 3,649,553 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction 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 transaction, the insider owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the sale, the senior vice president directly owned 66,129 shares of the company’s stock, valued at $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. Over the last 90 days, insiders have sold 86,339 shares of company stock valued at $27,680,267. Insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on LRCX shares. UBS Group restated a “buy” rating and set a $375.00 price target (up from $310.00) on shares of Lam Research in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft boosted their price objective on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Oppenheimer reissued an “outperform” rating and set a $400.00 target price (up from $330.00) on shares of Lam Research in a report on Monday, June 15th. Jefferies Financial Group raised their target price on Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Weiss Ratings lowered Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. Twenty-eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $345.39.

Key Lam Research News

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

• Positive Sentiment: Analysts remain generally upbeat on Lam Research, with recent price targets raised as high as $500 and several firms maintaining Buy/Outperform ratings, suggesting Wall Street still sees meaningful upside. Is Lam Research (LRCX) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Multiple reports highlighted that AI infrastructure spending, advanced memory/foundry demand, and advanced packaging growth could keep boosting revenue and margins, with one note suggesting Q4 gross margin could top 50% for the first time. Can AI Demand Help Lam Research Hit New Highs for Gross Margin in Q4?
• Positive Sentiment: Lam Research was also added to the Russell Top 50 Index, which can increase institutional visibility and support fund buying over time. Lam Research (LRCX) Joins The Russell Top 50 Index As Its Market Profile Grows
• Neutral Sentiment: Recent earnings-preview coverage pointed to a strong historical pattern of beating estimates, but this was framed as an expectation rather than a new catalyst. Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Several articles noted that Lam Research is up dramatically in 2026, which supports the long-term bull case but may also encourage short-term traders to lock in gains. Lam Research Stock Surges 154% in H1’26: Should You Buy More or Exit?
• Negative Sentiment: The stock’s latest move was a steep drop, and commentary suggests semiconductor equipment names were hit by broader profit-taking in the chip sector rather than a fresh operational setback at Lam Research. Lam Research (LRCX) Registers a Bigger Fall Than the Market: Important Facts to Note

Lam Research Stock Down 9.7%

Shares of NASDAQ LRCX opened at $391.26 on Thursday. The stock has a market cap of $489.30 billion, a PE ratio of 73.82, a P/E/G ratio of 3.58 and a beta of 1.79. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a 12-month low of $90.93 and a 12-month high of $438.50. The company has a 50-day moving average of $322.77 and a 200 day moving average of $255.36.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The business had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business’s revenue was up 23.8% on a year-over-year basis. During the same period last year, the company posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, sell-side analysts predict that Lam Research Corporation will post 5.68 EPS 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. Investors of record on Wednesday, June 17th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is presently 19.62%.

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.