Lam Research Corporation $LRCX Stake Decreased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. cut its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 12.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 27,790 shares of the semiconductor company’s stock after selling 3,827 shares during the period. TD Waterhouse Canada Inc.’s holdings in Lam Research were worth $3,968,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. JSF Financial LLC bought a new stake in Lam Research during the 3rd quarter valued at $224,000. Coastal Bridge Advisors LLC increased its holdings in shares of Lam Research by 1.5% during the third quarter. Coastal Bridge Advisors LLC now owns 22,461 shares of the semiconductor company’s stock valued at $3,008,000 after purchasing an additional 333 shares during the period. Traynor Capital Management Inc. increased its holdings in shares of Lam Research by 1,188.6% during the third quarter. Traynor Capital Management Inc. now owns 39,278 shares of the semiconductor company’s stock valued at $5,259,000 after purchasing an additional 36,230 shares during the period. Field & Main Bank raised its stake in shares of Lam Research by 9.7% during the third quarter. Field & Main Bank now owns 4,565 shares of the semiconductor company’s stock valued at $611,000 after purchasing an additional 405 shares in the last quarter. Finally, AustralianSuper Pty Ltd lifted its holdings in Lam Research by 429.4% in the third quarter. AustralianSuper Pty Ltd now owns 1,720,424 shares of the semiconductor company’s stock worth $230,365,000 after purchasing an additional 1,395,428 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $233.46 on Friday. The stock’s fifty day simple moving average is $187.29 and its 200 day simple moving average is $146.02. The stock has a market capitalization of $293.23 billion, a price-to-earnings ratio of 47.84, a PEG ratio of 3.05 and a beta of 1.77. The company has a quick ratio of 1.60, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $251.87.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.Lam Research’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter last year, the company posted $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, sell-side analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Wednesday, December 3rd. Lam Research’s dividend payout ratio is 21.31%.

Insider Buying and Selling

In other news, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the sale, the director owned 1,652 shares of the company’s stock, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction on Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the transaction, the chief financial officer owned 987,237 shares in the company, valued at $148,677,892.20. This represents a 3.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 41,408 shares of company stock valued at $6,248,501 in the last ninety days. Company insiders own 0.31% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: Multiple major brokers sharply raised targets (many to $275–$300), signaling broad analyst bullishness after the quarter and suggesting upside versus earlier prices. These Analysts Boost Their Forecasts On Lam Research Following Strong Q2 Results
• Positive Sentiment: JPMorgan and Citigroup raised targets to $300 (overweight/buy), and firms including Needham, TD Cowen, Wells Fargo, Deutsche and Stifel also lifted targets — a strong institutional vote of confidence for continued AI/foundry-driven demand. Analyst target increases (Benzinga)
• Positive Sentiment: Lam beat Q2 estimates (EPS $1.27 vs. $1.17 est.; revenue $5.34B vs. $5.23B) and issued Q3 EPS guidance of $1.25–$1.45 and revenue above consensus — concrete operational drivers behind analyst upgrades. Lam Research Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
• Neutral Sentiment: New Street Research raised its target to $235 but kept a neutral rating, reflecting near-term upside limited relative to recent price strength. New Street adjusts price target on Lam Research to $235
• Negative Sentiment: HSBC raised its target to $221 but maintained a “hold,” which implies downside from recent levels and highlights some analyst caution despite better results. HSBC adjusts price target on Lam Research to $221
• Negative Sentiment: Coverage notes flag valuation concerns after a large run (high P/E and steep analyst target dispersion), which may limit further upside and explains some profit?taking. Lam Research Earnings Beat Highlights AI Demand But Raises Valuation Questions

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Evercore ISI set a $275.00 price objective on shares of Lam Research in a research note on Thursday. TD Cowen boosted their target price on Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday. Citigroup increased their price target on Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $238.32.

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.