Lam Research Corporation $LRCX Stock: Crossmark Global Holdings Inc. Decreases Stake

Crossmark Global Holdings Inc. lowered its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 13.5% during the third quarter, HoldingsChannel reports. The firm owned 115,003 shares of the semiconductor company’s stock after selling 17,927 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Lam Research were worth $37,780,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Hosking Partners LLP raised its position in Lam Research by 3.0% during the third quarter. Hosking Partners LLP now owns 87,593 shares of the semiconductor company’s stock worth $28,775,000 after acquiring an additional 2,583 shares in the last quarter. Strengthening Families & Communities LLC lifted its stake in Lam Research by 2.1% in the third quarter. Strengthening Families & Communities LLC now owns 16,699 shares of the semiconductor company’s stock valued at $5,486,000 after acquiring an additional 348 shares during the last quarter. City State Bank lifted its stake in Lam Research by 20.6% in the third quarter. City State Bank now owns 820 shares of the semiconductor company’s stock valued at $269,000 after acquiring an additional 140 shares during the last quarter. Atticus Wealth Management LLC grew its position in shares of Lam Research by 9.0% in the 3rd quarter. Atticus Wealth Management LLC now owns 1,335 shares of the semiconductor company’s stock valued at $439,000 after acquiring an additional 110 shares during the period. Finally, Axecap Investments LLC grew its position in shares of Lam Research by 6.3% in the 3rd quarter. Axecap Investments LLC now owns 15,974 shares of the semiconductor company’s stock valued at $5,248,000 after acquiring an additional 945 shares during the period. Institutional investors own 84.61% of the company’s stock.

Insiders Place Their Bets

In other news, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction of $1,512,300.00. Following the completion of the sale, the insider directly owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. The trade was a 10.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on LRCX shares. Wells Fargo & Company restated an “overweight” rating and set a $350.00 price objective (down from $450.00) on shares of Lam Research in a research note on Thursday, July 30th. 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 note on Monday, October 5th. Stifel Nicolaus raised their target price on shares of Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a research note on Friday, July 10th. UBS Group reduced their price target on Lam Research from $435.00 to $425.00 and set a “buy” rating for the company in a report on Tuesday, September 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $375.00 price target on shares of Lam Research in a research report on Monday. One 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. According to MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and an average price target of $365.07.

Lam Research News Summary

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

Lam Research Price Performance

Lam Research stock opened at $260.81 on Thursday. Lam Research Corporation has a 12 month low of $135.50 and a 12 month high of $438.50. The stock’s 50 day moving average is $306.08 and its 200-day moving average is $309.80. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $326.38 billion, a price-to-earnings ratio of 45.28, a PEG ratio of 0.96 and a beta of 1.85.

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

Lam Research Increases Dividend

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

Lam Research Profile

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.