Beaumont Financial Advisors LLC Reduces Holdings in Lam Research Corporation $LRCX

Beaumont Financial Advisors LLC lowered its position in Lam Research Corporation (NASDAQ:LRCX) by 21.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 16,327 shares of the semiconductor company’s stock after selling 4,557 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Lam Research were worth $3,488,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Twin Capital Management Inc. increased its stake in shares of Lam Research by 102.5% in the first quarter. Twin Capital Management Inc. now owns 16,606 shares of the semiconductor company’s stock worth $3,548,000 after buying an additional 8,407 shares during the last quarter. Three Seasons Wealth LLC grew its stake in Lam Research by 12.4% in the first quarter. Three Seasons Wealth LLC now owns 23,704 shares of the semiconductor company’s stock worth $5,070,000 after purchasing an additional 2,608 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Lam Research by 26.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,563 shares of the semiconductor company’s stock valued at $334,000 after buying an additional 323 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its stake in Lam Research by 6,106.5% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 732,364 shares of the semiconductor company’s stock valued at $156,610,000 after buying an additional 720,564 shares in the last quarter. Finally, Avanda Investment Management Pte. Ltd. raised its stake in Lam Research by 51.1% during the first quarter. Avanda Investment Management Pte. Ltd. now owns 7,100 shares of the semiconductor company’s stock valued at $1,517,000 after buying an additional 2,400 shares in the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research Stock Down 3.1%

Lam Research stock opened at $335.43 on Thursday. The stock has a market cap of $419.48 billion, a price-to-earnings ratio of 63.29, a PEG ratio of 2.05 and a beta of 1.80. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average price is $338.50 and its two-hundred day moving average price is $267.63. Lam Research Corporation has a 52 week low of $90.93 and a 52 week high of $438.50.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the previous year, the business earned $1.04 EPS. The company’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, analysts expect that Lam Research Corporation will post 5.68 EPS for the current fiscal year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were paid a $0.26 dividend. The ex-dividend date of this dividend was 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 currently 19.62%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Cantor Fitzgerald set a $500.00 price target on Lam Research and gave the company an “overweight” rating in a research report on Monday, June 29th. Morgan Stanley boosted their target price on shares of Lam Research from $331.00 to $404.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Erste Group Bank cut shares of Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Oppenheimer restated an “outperform” rating and issued a $400.00 price target (up from $330.00) on shares of Lam Research in a research report on Monday, June 15th. Finally, Jefferies Financial Group lifted their price target on shares of Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Twenty-eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $358.67.

Insiders Place Their Bets

In other Lam Research news, Director Eric Brandt sold 54,500 shares of Lam Research stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the transaction, the director owned 199,205 shares of the company’s stock, valued at $69,881,114. The trade was a 21.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the completion of the transaction, the director owned 87,142 shares in the company, valued at approximately $29,192,570. This represents a 17.34% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 104,621 shares of company stock worth $33,804,737. 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: TD Cowen raised its price target on Lam Research and reiterated a Buy rating, reinforcing the view that the company remains well positioned in the semiconductor equipment cycle. TD Cowen Raises PT on Lam Research (LRCX), Keeps a Buy
• Positive Sentiment: Morgan Stanley listed Lam Research among its top stock picks, citing expectations for strong earnings and continued strength in chip-equipment spending. Buy GE Vernova, Lam Research, United Airlines stocks: Morgan Stanley
• Positive Sentiment: Mizuho lifted its price target on LRCX to $400 from $380 and kept an Outperform rating, saying AI demand should support wafer fab equipment spending for years. Mizuho Raises its Price Target on Lam Research Corporation (LRCX)
• Positive Sentiment: Market commentary continues to point to improving sentiment across semiconductor-equipment names ahead of Lam Research’s late-July earnings report, which is helping buyers step in. Lam Research Rises as Chip-Equipment Sentiment Improves Ahead of Earnings
• Neutral Sentiment: Media coverage from Jim Cramer and others has kept Lam Research in focus, but these stories largely echo the same bullish AI narrative rather than adding new fundamental news. Jim Cramer Shares Why am Research Corporation (LRCX) is on Fire
• Negative Sentiment: One recent headwind is a director sale of 18,282 shares, which can modestly weigh on sentiment even though the transaction was made under a pre-arranged 10b5-1 plan. Lam Research director stock sale
• Negative Sentiment: There is still some near-term caution around semiconductor volatility and cooling AI memory enthusiasm, which could limit upside if capital spending softens. Lam Research (LRCX) Stock Slides As AI Memory Boom Loses Steam

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.