Lam Research Corporation $LRCX Holdings Decreased by Net Worth Advisory Group

Net Worth Advisory Group lessened its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 33.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,364 shares of the semiconductor company’s stock after selling 2,232 shares during the period. Net Worth Advisory Group’s holdings in Lam Research were worth $1,484,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Polaris Financial Partners bought a new position in Lam Research during the third quarter worth $4,814,000. Bank of America Corp DE grew its holdings in Lam Research by 5.5% in the second quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock worth $4,872,426,000 after purchasing an additional 584,489 shares during the period. Rokos Capital Management LLP increased its stake in Lam Research by 42.0% in the first quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock valued at $55,532,000 after purchasing an additional 76,840 shares in the last quarter. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Lam Research in the first quarter valued at $59,973,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Lam Research during the first quarter valued at about $26,489,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Strong earnings momentum: Lam’s latest reported quarter produced record revenue of $6.72 billion, up 30% year over year, while EPS of $1.82 exceeded expectations. The company also issued forward guidance above analyst forecasts, reinforcing confidence in continued growth. Learn Why The Bull Case For Lam Research Stock Could Change Following Earnings Beat
• Positive Sentiment: AI and memory demand remain key catalysts: Investors expect rising DRAM investment, advanced packaging and wafer-fabrication capacity for AI, 5G and advanced automotive chips to support Lam’s equipment orders and service revenue. LRCX to Report Q1 Earnings: Should You Buy, Hold or Sell the Stock?
• Positive Sentiment: Analyst support: Deutsche Bank reportedly expects strong results and raised or reiterated a bullish view, helping LRCX participate in a broader semiconductor-sector rally. Lam Research Stock Jumps Ahead of This Week’s Earnings – Here’s Why
• Neutral Sentiment: Results are the next major test: Lam Research is scheduled to report fiscal first-quarter results after the market closes on Wednesday. Investors will focus on revenue, free cash flow, bookings, memory exposure and guidance for evidence that AI-related demand is translating into sustained orders. Lam Research Q3 Earnings: What To Expect
• Negative Sentiment: Technical and positioning risks remain: Despite solid fundamentals, the stock recently fell sharply from its yearly high, with technical analysis pointing to possible additional downside. ETF net selling and a premium valuation also leave the shares vulnerable if earnings or guidance disappoint. Lam Research stock: Wyckoff points to more downside despite revenue growth

Analyst Ratings Changes

A number of research firms have recently issued reports on LRCX. TD Cowen reissued a “buy” rating and set a $400.00 price objective (up from $340.00) on shares of Lam Research in a research report on Thursday, July 9th. Zacks Research raised Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Weiss Ratings downgraded Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Mizuho cut their price target on Lam Research from $370.00 to $365.00 and set an “outperform” rating on the stock in a report on Tuesday, August 25th. Finally, Berenberg Bank set a $420.00 price objective on Lam Research in a research note on Wednesday, September 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $366.36.

Insider Activity at Lam Research

In related news, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the sale, the director directly owned 20,995 shares in the company, valued at approximately $6,607,966.30. This trade represents a 31.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ava Harter sold 5,000 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. The trade was a 10.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.31% of the stock is owned by insiders.

Lam Research Trading Up 3.1%

NASDAQ:LRCX opened at $272.20 on Tuesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. Lam Research Corporation has a one year low of $135.50 and a one year high of $438.50. The company has a market cap of $340.64 billion, a PE ratio of 47.26, a PEG ratio of 1.05 and a beta of 1.85. The firm has a 50-day moving average of $308.34 and a 200-day moving average of $309.21.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, equities research analysts expect that Lam Research Corporation will post 9.34 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were issued a $0.33 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Wednesday, September 23rd. Lam Research’s dividend payout ratio is 22.92%.

Lam Research Company Profile

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.