1,920 Lam Research Corporation $LRCX Shares Sold by Central Bank & Trust Co.

Central Bank & Trust Co. lessened its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 2.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,641 shares of the semiconductor company’s stock after selling 1,920 shares during the quarter. Lam Research comprises approximately 3.4% of Central Bank & Trust Co.’s holdings, making the stock its 4th largest position. Central Bank & Trust Co.’s holdings in Lam Research were worth $22,221,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. State Street Corp increased its stake in Lam Research by 2.6% during the second quarter. State Street Corp now owns 60,704,130 shares of the semiconductor company’s stock valued at $26,320,468,000 after acquiring an additional 1,545,830 shares during the period. Invesco Ltd. raised its stake in shares of Lam Research by 7.7% in the fourth quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock valued at $3,906,559,000 after acquiring an additional 1,638,406 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Lam Research by 17.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 13,349,470 shares of the semiconductor company’s stock valued at $2,285,162,000 after buying an additional 2,008,605 shares during the last quarter. Bank of America Corp DE lifted its holdings in Lam Research by 5.5% during the 2nd quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock worth $4,872,426,000 after buying an additional 584,489 shares in the last quarter. Finally, Van ECK Associates Corp raised its holdings in Lam Research by 411.8% during the 2nd quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company’s stock worth $4,805,368,000 after purchasing an additional 8,922,854 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Down 0.3%

Shares of LRCX stock traded down $1.01 during trading hours on Friday, reaching $319.58. The company had a trading volume of 2,069,466 shares, compared to its average volume of 10,682,161. The company has a market cap of $399.93 billion, a price-to-earnings ratio of 55.51, a price-to-earnings-growth ratio of 1.31 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The business has a fifty day simple moving average of $310.47 and a 200-day simple moving average of $305.77. Lam Research Corporation has a 12 month low of $131.02 and a 12 month high of $438.50.

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

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be paid a $0.33 dividend. The ex-dividend date is Wednesday, September 23rd. This represents a $1.32 annualized dividend and a yield of 0.4%. This is an increase from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s dividend payout ratio is 22.92%.

Insider Activity

In other Lam Research news, insider Ava Harter sold 5,000 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the transaction, the insider directly owned 42,462 shares in the company, valued at $12,843,056.52. This represents a 10.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the sale, the director owned 20,995 shares in the company, valued at approximately $6,607,966.30. This trade represents a 31.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 32,839 shares of company stock worth $10,644,740 in the last three months. Corporate insiders own 0.31% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: Lam Research is highlighted as a long-term investment candidate because it supplies essential semiconductor-manufacturing equipment and is positioned to benefit from sustained spending on artificial intelligence, advanced chips and wafer-fabrication capacity. Why Lam Research Is a Top Stock for the Long-Term
• Positive Sentiment: Recent commentary points to strong historical shareholder returns and argues that investors who remained invested through several severe drawdowns were rewarded over time. This supports the long-term thesis, though it also underscores LRCX’s high volatility. Lam Research Historical Returns and Volatility
• Positive Sentiment: Lam Research is included among chip stocks with dependable earnings and durable growth potential as AI-related semiconductor demand expands. Its latest reported quarter also exceeded analyst expectations for revenue and earnings, providing fundamental support. Top Chip Stocks to Ride the AI Boom
• Neutral Sentiment: LRCX has attracted unusually high investor attention and is described as an AI-related stock with strong returns and profitability. These articles are mainly educational and do not introduce a new earnings estimate, contract or corporate announcement. Lam Research Trending Stock Analysis
• Negative Sentiment: Lam Research recently underperformed the broader market, with coverage noting a decline of roughly 2.7% in the latest session. The move appears consistent with short-term market pressure and profit-taking rather than a deterioration in reported fundamentals. Lam Research Falls More Than the General Market
• Negative Sentiment: After a substantial year-to-date advance, LRCX remains vulnerable to volatility and valuation-related selling. Its elevated valuation means investors may demand continued strong growth to support the share price.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on LRCX. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $320.00 price objective on shares of Lam Research in a research note on Thursday, July 30th. Stifel Nicolaus lifted their target price on Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Weiss Ratings downgraded shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Susquehanna restated a “positive” rating and issued a $475.00 price target (up from $385.00) on shares of Lam Research in a research report on Tuesday, June 30th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $400.00 target price (up from $330.00) on shares of Lam Research in a research report on Monday, June 15th. One research 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 company. Based on data from MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and an average price target of $364.59.

Lam Research Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.