Lam Research Corporation $LRCX Holdings Decreased by Stiles Financial Services Inc

Stiles Financial Services Inc cut its holdings in Lam Research Corporation (NASDAQ:LRCX) by 3.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,533 shares of the semiconductor company’s stock after selling 1,962 shares during the quarter. Lam Research makes up about 2.7% of Stiles Financial Services Inc’s holdings, making the stock its 5th biggest holding. Stiles Financial Services Inc’s holdings in Lam Research were worth $8,821,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Lam Research by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock worth $17,537,447,000 after buying an additional 364,949 shares during the period. State Street Corp grew its position in shares of Lam Research by 0.4% in the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after buying an additional 265,805 shares during the period. Invesco Ltd. grew its position in Lam Research by 18.2% during the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after purchasing an additional 3,263,658 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Lam Research by 781.3% during the 3rd 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 last quarter. Finally, Nordea Investment Management AB grew its position in Lam Research by 6.8% during the 3rd quarter. Nordea Investment Management AB now owns 11,312,752 shares of the semiconductor company’s stock valued at $1,512,854,000 after purchasing an additional 718,178 shares during the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Key Lam Research News

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

• Positive Sentiment: B. Riley raised its price target on Lam Research to $350 from $330 and kept a Buy rating, citing strong earnings and solid execution. Why Analysts Are Growing More Confident In Lam Research (LRCX)
• Positive Sentiment: Erste Group Bank lifted FY2027 EPS estimates for Lam Research to $7.88 from $7.74, suggesting analysts see better long-term earnings power. Lam Research stock page
• Positive Sentiment: Recent coverage highlights Lam Research as an AI-fab beneficiary with orders beating expectations, supporting the case for further upside after a sharp rally. Lam Research (LRCX) Is Up 19.5% After AI-Fab Orders Beat Expectations Has The Bull Case Changed?
• Neutral Sentiment: Some commentary notes the stock has already surged dramatically over the past year, which may raise overbought concerns even as Wall Street remains constructive. Lam Research Has Surged 300% in a Year. Wall Street Sees More Gains Still Ahead
• Neutral Sentiment: Investor articles argue the rally may still have room to run, but that view is speculative rather than a direct fundamental update. Why Lam Research Still Looks Like a Buy After a 300% Rally

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $294.05 on Friday. The firm’s 50-day moving average price is $238.93 and its 200-day moving average price is $204.97. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The company has a market cap of $367.73 billion, a PE ratio of 55.48, a PEG ratio of 2.37 and a beta of 1.81. Lam Research Corporation has a 52-week low of $74.65 and a 52-week high of $297.99.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The firm had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, analysts anticipate that Lam Research Corporation will post 5.67 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on LRCX. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. B. Riley Financial reissued a “buy” rating on shares of Lam Research in a research report on Monday, April 20th. Sanford C. Bernstein increased their price objective on shares of Lam Research from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Royal Bank Of Canada increased their price objective on shares of Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Finally, Mizuho increased their price objective on shares of Lam Research from $295.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Twenty-six equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus target price of $285.94.

Insider Activity

In other news, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction dated 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 $13,762,005.30. This trade represents a 10.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 120,066 shares of company stock valued at $27,953,242 in the last 90 days. 0.31% of the stock is currently owned by insiders.

Lam Research 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.