Keystone Financial Group Increases Stock Holdings in Lam Research Corporation $LRCX

Keystone Financial Group lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 82.6% in the fourth quarter, HoldingsChannel reports. The firm owned 11,050 shares of the semiconductor company’s stock after buying an additional 5,000 shares during the period. Keystone Financial Group’s holdings in Lam Research were worth $1,892,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Kingdom Financial Group LLC. purchased a new stake in shares of Lam Research in the fourth quarter valued at about $1,027,000. One Degree Advisors Inc purchased a new stake in shares of Lam Research in the fourth quarter valued at about $607,000. Goldenstone Wealth Management LLC purchased a new stake in shares of Lam Research in the fourth quarter valued at about $1,368,000. Global Retirement Partners LLC grew its holdings in shares of Lam Research by 87.9% in the fourth quarter. Global Retirement Partners LLC now owns 30,902 shares of the semiconductor company’s stock valued at $5,290,000 after purchasing an additional 14,455 shares during the period. Finally, KDT Advisors LLC purchased a new stake in shares of Lam Research in the fourth quarter valued at about $214,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Stock Up 3.5%

LRCX stock opened at $302.24 on Friday. The company’s 50 day moving average price is $252.34 and its 200 day moving average price is $214.71. 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 fifty-two week low of $79.49 and a fifty-two week high of $303.18. The firm has a market capitalization of $377.97 billion, a price-to-earnings ratio of 57.03, a PEG ratio of 2.42 and a beta of 1.81.

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. 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 analyst estimates of $5.70 billion. During the same period in the prior year, the firm earned $1.04 earnings per share. The business’s quarterly 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. On average, equities research analysts anticipate that Lam Research Corporation will post 5.67 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. Shareholders of record on Wednesday, June 17th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend 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%.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the sale, the senior vice president directly owned 66,129 shares in the company, valued at approximately $16,872,153.06. The trade was a 21.55% 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. Over the last quarter, insiders have sold 120,066 shares of company stock valued at $27,953,242. 0.31% of the stock is owned by corporate insiders.

Trending Headlines about Lam Research

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

• Positive Sentiment: Lam Research opened a new research lab in Salzburg, Austria, to advance chip-packaging technology that aims to increase chip density and reduce costs, reinforcing its exposure to AI-related spending. Reuters: Lam Research opens Austria lab to advance chip packaging, cut costs
• Positive Sentiment: Sanford C. Bernstein raised its price target on LRCX to $340 from $325 and reiterated an Outperform rating, signaling further upside expectations. MarketScreener: Bernstein adjusts price target on Lam Research
• Positive Sentiment: Morgan Stanley upgraded Lam Research to Overweight and raised its outlook after lifting wafer fabrication equipment spending forecasts, adding to bullish analyst momentum. Barchart: LRCX Overweight
• Positive Sentiment: The company declared a quarterly dividend of $0.26 per share, which can support investor confidence in Lam Research’s cash generation and capital-return profile. Yahoo Finance: Lam Research Corporation Declares Quarterly Dividend
• Neutral Sentiment: Technical coverage noted that LRCX recently moved above its 20-day moving average, a short-term bullish signal but not a fundamental change by itself. Zacks: Lam Research just overtook the 20-day moving average
• Neutral Sentiment: Recent commentary also highlighted Lam Research as a major beneficiary of the AI chip manufacturing boom, which supports the broader positive narrative already driving the stock. 247WallSt: Semiconductor Equipment Stocks Powering the AI Chip Manufacturing Boom
• Negative Sentiment: One comparison piece argued that Applied Materials has the edge over LRCX due to its more diversified tools and lower valuation, which may temper enthusiasm for Lam Research relative to peers. Zacks: Lam Research vs. Applied Materials

Analyst Ratings Changes

A number of research analysts have commented on LRCX shares. Zacks Research cut shares of Lam Research from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 target price on shares of Lam Research in a research report on Thursday, April 23rd. Weiss Ratings cut shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Bank of America upped their target price on shares of Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, B. Riley Financial upped their target price on shares of Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Twenty-seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $293.46.

Lam Research Company 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.