Lam Research Corporation $LRCX Shares Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. reduced its holdings in Lam Research Corporation (NASDAQ:LRCX) by 5.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,662 shares of the semiconductor company’s stock after selling 5,683 shares during the period. Lam Research makes up 2.7% of YHB Investment Advisors Inc.’s holdings, making the stock its 7th biggest position. YHB Investment Advisors Inc.’s holdings in Lam Research were worth $41,887,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LRCX. Norges Bank acquired a new stake in Lam Research in the 4th quarter valued at about $3,645,427,000. Price T Rowe Associates Inc. MD lifted its stake in Lam Research by 352.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,695,210 shares of the semiconductor company’s stock worth $2,344,347,000 after purchasing an additional 10,666,540 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Lam Research by 57.0% during the 4th quarter. Franklin Resources Inc. now owns 10,110,560 shares of the semiconductor company’s stock worth $1,730,724,000 after purchasing an additional 3,671,073 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Lam Research by 235.5% in the fourth quarter. Corient Private Wealth LLC now owns 5,199,441 shares of the semiconductor company’s stock valued at $890,040,000 after purchasing an additional 3,649,553 shares in the last quarter. Finally, J. Stern & Co. LLP grew its position in shares of Lam Research by 3,826.9% in the fourth quarter. J. Stern & Co. LLP now owns 3,459,377 shares of the semiconductor company’s stock valued at $592,176,000 after purchasing an additional 3,371,283 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Stock Up 3.3%

Lam Research stock opened at $337.01 on Friday. The company has a market capitalization of $421.71 billion, a PE ratio of 58.51, a price-to-earnings-growth ratio of 1.29 and a beta of 1.84. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50. The firm has a 50 day moving average price of $338.88 and a 200 day moving average price of $282.80.

Lam Research (NASDAQ:LRCX) last released 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. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The company had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the prior year, the firm earned $1.33 earnings per share. The firm’s revenue was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Research analysts expect that Lam Research Corporation will post 9.32 earnings per share for the current year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, June 17th. Lam Research’s payout ratio is currently 18.06%.

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the transaction, the senior vice president owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This represents a 11.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the transaction, the director owned 199,205 shares of the company’s stock, valued at $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 80,441 shares of company stock valued at $27,614,296. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $350.00 target price (down from $450.00) on shares of Lam Research in a research note on Thursday, July 30th. New Street Research lifted their price target on Lam Research from $235.00 to $280.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Royal Bank Of Canada boosted their price target 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, Weiss Ratings lowered shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $358.47.

Key Lam Research News

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

• Positive Sentiment: Lam Research plans to invest more than $3 billion over the next five years to expand its global research and development laboratory network. The expansion is expected to increase experiment capacity by more than 50%, potentially accelerating new equipment development for advanced chip architectures, materials and AI-related applications. Chip equipment maker Lam Research to invest more than $3 billion to expand R&D labs
• Positive Sentiment: Semiconductor equipment stocks, including LRCX, benefited from SanDisk’s bullish multiyear financial targets. The outlook raised expectations for stronger memory-industry capital spending through 2030, which could support demand for Lam’s deposition and etch equipment. Lam Research, Applied Materials, and Camtek Rise After SanDisk Issues Bullish Financial Targets
• Positive Sentiment: Analysts continued to maintain Buy ratings, while Erste Group Bank expects increased earnings for Lam Research. The company’s most recent quarterly results also exceeded expectations, with revenue up 30% year over year and earnings above consensus, reinforcing the favorable earnings outlook.
• Positive Sentiment: Lam Research also announced a workforce-development partnership with NY Creates that could train approximately 3,500 semiconductor students over five years. Although not an immediate revenue driver, the initiative may help address industry talent shortages and support future growth. Lam Research and NY Creates Team Up to Enable Training of University Students for the Semiconductor Workforce
• Neutral Sentiment: Investors continue directing substantial funds into semiconductor ETFs, supporting sector momentum and demand for chip-equipment shares. However, the strong flows also indicate a crowded, momentum-driven trade.
• Negative Sentiment: Fidelity’s Jurrien Timmer warned that the semiconductor cycle could be nearing a peak. That caution presents a risk to Lam’s valuation and future equipment demand if AI-related and memory capital spending slows.

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.