Lam Research Corporation $LRCX Shares Sold by Vest Financial LLC

Vest Financial LLC cut its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 15.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 326,056 shares of the semiconductor company’s stock after selling 58,359 shares during the period. Lam Research comprises approximately 1.1% of Vest Financial LLC’s investment portfolio, making the stock its 12th biggest holding. Vest Financial LLC’s holdings in Lam Research were worth $107,113,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in LRCX. Polaris Financial Partners acquired a new stake in Lam Research in the 3rd quarter valued at $4,814,000. Bank of America Corp DE increased its stake in shares of Lam Research by 5.5% during the second quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock worth $4,872,426,000 after purchasing an additional 584,489 shares in the last quarter. Rokos Capital Management LLP raised its position in shares of Lam Research by 42.0% during the 1st quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after purchasing an additional 76,840 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of Lam Research during the 1st quarter worth about $59,973,000. Finally, Y Intercept Hong Kong Ltd purchased a new position in Lam Research in the 1st quarter valued at about $26,489,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Stock Down 1.0%

Shares of NASDAQ LRCX opened at $260.81 on Thursday. The stock has a market cap of $326.38 billion, a P/E ratio of 45.28, a PEG ratio of 0.96 and a beta of 1.85. The business’s fifty day simple moving average is $306.08 and its 200-day simple moving average is $309.80. Lam Research Corporation has a 12-month low of $135.50 and a 12-month high of $438.50. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.02. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. The business had revenue of $8.22 billion for the quarter, compared to analyst estimates of $8.14 billion. During the same quarter last year, the company earned $1.26 EPS. The business’s quarterly revenue was up 54.4% on a year-over-year basis. As a group, equities analysts predict that Lam Research Corporation will post 9.35 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.5%. This is a boost from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is currently 22.92%.

Analysts Set New Price Targets

Several research firms recently commented on LRCX. Mizuho reduced their price objective on Lam Research from $370.00 to $365.00 and set an “outperform” rating for the company in a research note on Tuesday, August 25th. HSBC reaffirmed a “hold” rating and set a $333.00 target price on shares of Lam Research in a research note on Monday, July 27th. Morgan Stanley reiterated an “overweight” rating and issued a $385.00 target price (up from $367.00) on shares of Lam Research in a research report on Monday, October 5th. Stifel Nicolaus raised their price target on shares of Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $375.00 price target on shares of Lam Research in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $365.07.

More Lam Research News

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

• Positive Sentiment: Lam Research reported fiscal first-quarter 2027 adjusted earnings of $2.20 per share, above consensus estimates of approximately $2.17–$2.18 and up from $1.26 a year earlier. Lam Research Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Quarterly revenue reached $8.22 billion, exceeding the $8.14 billion analyst forecast, while the company reported a 31.27% net margin and 67.60% return on equity. Lam Research Earnings Report
• Neutral Sentiment: The results confirm continued demand for Lam’s semiconductor-manufacturing equipment, but the modest size of the earnings and revenue beats appears insufficient to justify the stock’s substantial prior rally or satisfy investors seeking stronger forward momentum. Lam Research Reports Financial Results
• Negative Sentiment: Post-earnings trading turned lower despite the beat, suggesting investors may have been looking for more positive guidance or evidence that AI-related equipment demand is accelerating. Why Lam Research Stock Slides After Hours
• Negative Sentiment: Chip-equipment sentiment was already weak before the report, with investors reducing risk after a roughly 53% year-to-date rally. Evercore also cut its price target ahead of earnings, adding pressure to the shares. Lam Research Stocks Fall as Evercore Cuts Target
• Negative Sentiment: Recent insider activity shows sales without reported purchases, including transactions by senior executives. While such sales may be scheduled or diversification-related, they can reinforce investor caution at a richly valued stock. Lam Research Insider Trading and Sector Analysis

Insider Activity

In related news, insider Ava Harter sold 5,000 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of the transaction, the insider directly owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This represents a 10.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the transaction, the director owned 20,995 shares of the company’s stock, valued at $6,607,966.30. The trade was a 31.28% decrease in their position. The SEC filing for this sale provides additional information. 0.31% of the stock is owned by insiders.

About Lam Research

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.