7,310 Lam Research Corporation $LRCX Shares Bought by Franchise GP Ltd

Franchise GP Ltd boosted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 49.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,970 shares of the semiconductor company’s stock after buying an additional 7,310 shares during the quarter. Lam Research makes up about 3.1% of Franchise GP Ltd’s holdings, making the stock its 13th biggest holding. Franchise GP Ltd’s holdings in Lam Research were worth $7,217,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Riverbend Wealth Management LLC increased its holdings in Lam Research by 40.7% during the 3rd quarter. Riverbend Wealth Management LLC now owns 3,158 shares of the semiconductor company’s stock valued at $1,037,000 after purchasing an additional 914 shares during the period. ACT Advisors LLC. raised its position in Lam Research by 6.4% during the 3rd quarter. ACT Advisors LLC. now owns 664 shares of the semiconductor company’s stock valued at $218,000 after purchasing an additional 40 shares during the last quarter. Milestone Asset Management LLC raised its position in Lam Research by 10.7% during the 3rd quarter. Milestone Asset Management LLC now owns 5,192 shares of the semiconductor company’s stock valued at $1,706,000 after purchasing an additional 500 shares during the last quarter. NFSG Corp lifted its holdings in Lam Research by 73.4% in the 3rd quarter. NFSG Corp now owns 4,669 shares of the semiconductor company’s stock worth $1,534,000 after buying an additional 1,977 shares during the period. Finally, Walser Wealth Management Company A Ltd Liability Co lifted its holdings in Lam Research by 3.3% in the 3rd quarter. Walser Wealth Management Company A Ltd Liability Co now owns 2,020 shares of the semiconductor company’s stock worth $664,000 after buying an additional 65 shares during the period. 84.61% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings lowered Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 4th. TD Cowen reissued a “buy” rating and set a $400.00 target price (up from $340.00) on shares of Lam Research in a research note on Thursday, July 9th. UBS Group decreased their target price on Lam Research from $435.00 to $425.00 and set a “buy” rating for the company in a report on Tuesday, September 1st. Cantor Fitzgerald set a $500.00 price target on Lam Research and gave the stock an “overweight” rating in a research note on Monday, June 29th. Finally, Bank of America raised their price target on Lam Research from $330.00 to $480.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. One investment 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 stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $364.59.

Lam Research Price Performance

LRCX stock opened at $277.46 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. Lam Research Corporation has a 1 year low of $135.50 and a 1 year high of $438.50. The firm has a 50-day moving average of $309.98 and a 200 day moving average of $308.35. The company has a market cap of $347.22 billion, a P/E ratio of 48.17, a PEG ratio of 1.14 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share 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 firm had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter in the prior year, the business earned $1.33 EPS. The business’s revenue for the quarter was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, sell-side analysts forecast that Lam Research Corporation will post 9.34 EPS for the current year.

Lam Research Increases Dividend

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

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was 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 owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through 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 business’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 disclosure for this sale is available in the SEC filing. 0.31% of the stock is owned by corporate insiders.

More Lam Research News

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

• Positive Sentiment: Analysts continue to see substantial recovery potential, with Benzinga’s 22-analyst consensus target of $346 implying roughly 26% upside. Separately, Wall Street estimates point to approximately 25.6% potential upside, supported by upward earnings-estimate revisions. Lam Research Stock Hits Longest Losing Streak Ever: Are There Buyers Around?
• Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D platform, aiming to accelerate GPU-based wafer-etch modeling and support more efficient AI-driven chip design and manufacturing. The collaboration reinforces the company’s exposure to AI-factory investment. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
• Positive Sentiment: Twenty-four exchange-traded funds added to their Lam Research holdings on October 13, indicating continued institutional demand despite the recent weakness. 24 ETFs Add to Lam Research Holdings
• Neutral Sentiment: Lam Research is scheduled to report results on October 21. Investors are likely looking for updates on semiconductor equipment demand, AI-related spending and forward guidance before reassessing the stock’s outlook. Lam Research Stock Ahead of October 21 Results
• Negative Sentiment: Hotter-than-expected inflation data intensified concerns that elevated borrowing costs could restrain AI infrastructure investment, pressuring Lam Research and other semiconductor-related stocks. Semiconductor Stocks Trade Down on Inflation Concerns
• Negative Sentiment: LRCX is on course for a ninth consecutive decline, its longest losing streak since 1984, reflecting persistent selling pressure and heightened investor caution ahead of earnings. Lam Research Shares Tumble for Seven Consecutive Sessions

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.