4,527 Shares of Lam Research Corporation $LRCX Acquired by B.A. Schrock Wealth Management Inc.

B.A. Schrock Wealth Management Inc. acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) in the third quarter, HoldingsChannel reports. The fund acquired 4,527 shares of the semiconductor company’s stock, valued at approximately $1,540,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp boosted its stake in Lam Research by 2.6% in 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. grew its holdings in shares of Lam Research by 7.7% during the fourth quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock valued at $3,906,559,000 after purchasing an additional 1,638,406 shares during the last quarter. Bank of America Corp DE grew its holdings 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 valued at $4,872,426,000 after purchasing an additional 584,489 shares during the last quarter. Van ECK Associates Corp raised its position in shares of 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 period. Finally, Amundi raised its position in shares of Lam Research by 23.7% during the 1st quarter. Amundi now owns 10,147,479 shares of the semiconductor company’s stock worth $2,168,107,000 after purchasing an additional 1,942,862 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Analysts’ consensus price target implies approximately 25.6% upside from recent levels. While price targets alone have limited predictive value, upward revisions to earnings estimates could support the stock if they continue. Wall Street Analysts See a 25.6% Upside in Lam Research
• Positive Sentiment: Erste Group raised its Lam Research EPS forecasts to $9.40 for fiscal 2027 and $11.99 for fiscal 2028, modestly above its prior estimates. Other recent analyst targets have generally been well above the current trading range, including DBS Bank’s $416 target. DBS Bank lifts target to USD 416 for Lam Research stock
• Positive Sentiment: Lam Research is scheduled to report earnings on Wednesday. Its latest quarterly results exceeded analyst expectations, with revenue up 30% year over year, and management provided strong forward guidance, giving investors a potential near-term catalyst. Lam Research Set to Post Earnings on Wednesday
• Neutral Sentiment: Institutional ownership data showed more funds adding than reducing LRCX positions in the latest quarter, including large purchases reported by JPMorgan, Invesco and T. Rowe Price. However, such filings are backward-looking and may not reflect current positioning.
• Negative Sentiment: LRCX declined for a seventh consecutive session as investors took profits across semiconductor-equipment shares. Applied Materials, Lam Research and KLA all weakened amid concerns that AI-related valuations had risen too far and ahead of important industry earnings. Semiconductor Equipment Stocks Slide as Investors Take Profits
• Negative Sentiment: Recent insider activity has consisted entirely of reported sales, including transactions by executives, which may add to investor caution. The broader sector selloff appears to be the primary immediate pressure rather than a new Lam-specific operational setback. Why Lam Research Stock Is Down

Wall Street Analysts Forecast Growth

LRCX has been the subject of a number of recent research reports. Stifel Nicolaus upped their price objective on Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Citigroup restated a “buy” rating and issued a $450.00 price target (up from $315.00) on shares of Lam Research in a research note on Wednesday, June 17th. HSBC reiterated a “hold” rating and set a $333.00 price target on shares of Lam Research in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price objective on shares of Lam Research in a report on Thursday, July 30th. Finally, Weiss Ratings lowered shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus price target of $364.59.

Insider Activity

In other Lam Research news, insider Ava Harter sold 5,000 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. The trade was a 10.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 dated 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 transaction, the director owned 20,995 shares of the company’s stock, 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 currently owned by insiders.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $286.92 on Thursday. Lam Research Corporation has a 1 year low of $135.50 and a 1 year high of $438.50. The firm has a market cap of $359.06 billion, a P/E ratio of 51.74, a PEG ratio of 1.19 and a beta of 1.85. The stock has a fifty day moving average price of $310.54 and a two-hundred day moving average price of $307.88. 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 (NASDAQ:LRCX) last posted its quarterly earnings data 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 company had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. The company’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Research analysts forecast that Lam Research Corporation will post 9.34 EPS for the current fiscal year.

Lam Research Increases Dividend

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

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.