Lam Research Corporation $LRCX Holdings Increased by Strategic Planning Group LLC

Strategic Planning Group LLC grew its stake in Lam Research Corporation (NASDAQ:LRCX) by 23.5% during the third quarter, HoldingsChannel.com reports. The firm owned 76,375 shares of the semiconductor company’s stock after buying an additional 14,519 shares during the period. Lam Research makes up about 2.6% of Strategic Planning Group LLC’s holdings, making the stock its 13th biggest holding. Strategic Planning Group LLC’s holdings in Lam Research were worth $25,090,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Van ECK Associates Corp increased its holdings in Lam Research by 411.8% in the second quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company’s stock valued at $4,805,368,000 after purchasing an additional 8,922,854 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Lam Research during the 2nd quarter worth approximately $3,777,585,000. Jennison Associates LLC grew its holdings in Lam Research by 296.9% during the first quarter. Jennison Associates LLC now owns 3,373,306 shares of the semiconductor company’s stock valued at $720,740,000 after purchasing an additional 2,523,351 shares during the period. California Public Employees Retirement System grew its holdings in Lam Research by 50.6% during the first quarter. California Public Employees Retirement System now owns 5,870,899 shares of the semiconductor company’s stock valued at $1,254,376,000 after purchasing an additional 1,972,277 shares during the period. Finally, Amundi increased its stake in Lam Research by 23.7% in the first quarter. Amundi now owns 10,147,479 shares of the semiconductor company’s stock valued at $2,168,107,000 after purchasing an additional 1,942,862 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Lam Research Stock Performance

Shares of Lam Research stock opened at $230.15 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. The firm has a market cap of $288.01 billion, a price-to-earnings ratio of 39.96, a price-to-earnings-growth ratio of 0.95 and a beta of 1.85. The stock’s 50-day moving average is $303.94 and its 200-day moving average is $309.88. Lam Research Corporation has a one year low of $135.50 and a one year high of $438.50.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.18 by $0.02. The business had revenue of $8.22 billion during the quarter, compared to analysts’ expectations of $8.14 billion. Lam Research had a net margin of 32.34% and a return on equity of 76.78%. The firm’s revenue was up 54.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 earnings per share. Equities analysts predict that Lam Research Corporation will post 9.35 earnings per share 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 paid a $0.33 dividend. 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 0.6%. The ex-dividend date of this dividend was Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is 22.92%.

Lam Research News Summary

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

• Positive Sentiment: Record results and strong demand: Lam Research reported fiscal Q1 2027 revenue of $8.22 billion, up 54.4% year over year and ahead of the $8.14 billion consensus. Adjusted EPS of $2.20 also exceeded estimates, while operating margin surpassed 40% for the first time. Growth was driven by NAND systems, record foundry revenue, AI infrastructure and memory-chip demand. Lam Research Q1 Earnings Beat on Systems Sales and Margin Gains
• Positive Sentiment: Favorable long-term industry outlook: Management sees wafer-fabrication-equipment spending exceeding $200 billion in 2027, supported by AI demand, memory upgrades and advanced manufacturing. It also raised longer-term spending expectations, while highlighting growth opportunities for its Aether dry-resist technology and customer-support business. $200B-Plus WFE Outlook for 2027
• Neutral Sentiment: Analysts remain broadly constructive: Cantor maintained a $500 price target and called Lam a top pick, while Mizuho, Needham and Morgan Stanley lowered targets but retained positive ratings. The reductions indicate near-term execution concerns rather than a broadly negative view of long-term demand. Street Trims Target on Supply Headwinds
• Negative Sentiment: Supply constraints limited the outlook: Lam warned that component and equipment bottlenecks are delaying shipments and capping near-term revenue growth. Its roughly $8.6 billion December-quarter revenue outlook was viewed as insufficiently strong relative to elevated investor expectations, despite broadly matching consensus forecasts. Supply Bottlenecks Are Holding Back Revenue
• Negative Sentiment: China revenue is expected to decline: Management indicated that China’s contribution, which reached about 35% of September-quarter revenue, will fall substantially in the December quarter. That creates an additional headwind for sales and raises concern about the durability of the company’s growth rate. Supply Snags and China Slowdown
• Negative Sentiment: Sector-wide risk aversion amplified the reaction: Chip stocks broadly fell as investors revisited concerns about AI spending and semiconductor capital expenditures. Tesla’s lower near-term spending target added to the cautious tone, making Lam’s supply warning more damaging to the sector. Two Big Reasons Chip Stocks Are Falling

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Bank of America reissued a “buy” rating and issued a $345.00 price target on shares of Lam Research in a report on Thursday. Wells Fargo & Company restated an “overweight” rating and issued a $350.00 price objective (down from $450.00) on shares of Lam Research in a research report on Thursday, July 30th. Citigroup reaffirmed a “buy” rating and set a $435.00 price objective (down from $450.00) on shares of Lam Research in a research note on Thursday. Finally, Mizuho reduced their target price on Lam Research from $365.00 to $360.00 and set an “outperform” rating on the stock in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and an average price target of $354.55.

Insiders Place Their Bets

In other news, insider Ava Harter sold 5,000 shares of Lam Research 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 completion of the transaction, the insider owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This trade represents a 10.53% decrease in their position. The sale was disclosed in a legal filing 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 business’s stock in a transaction dated 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 transaction, the director owned 20,995 shares in the company, valued at $6,607,966.30. This represents a 31.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.31% of the company’s stock.

Lam Research Company 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.