Simmons Bank Boosts Stock Position in Lam Research Corporation $LRCX

Simmons Bank raised its holdings in Lam Research Corporation (NASDAQ:LRCX) by 58.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,050 shares of the semiconductor company’s stock after purchasing an additional 1,860 shares during the period. Simmons Bank’s holdings in Lam Research were worth $1,079,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. PMV Capital Advisers LLC acquired a new stake in Lam Research in the fourth quarter valued at $25,000. Stance Capital LLC bought a new position in Lam Research during the 3rd quarter valued at $26,000. Bayban acquired a new position in Lam Research during the 4th quarter worth $26,000. Vermillion Wealth Management Inc. acquired a new position in Lam Research during the 1st quarter worth $26,000. Finally, Triumph Capital Management bought a new stake in shares of Lam Research in the 3rd quarter worth about $27,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on LRCX. Susquehanna reaffirmed a “positive” rating and set a $475.00 price target (up from $385.00) on shares of Lam Research in a research report on Tuesday. Needham & Company LLC reissued a “buy” rating and issued a $300.00 price objective on shares of Lam Research in a report on Thursday, April 23rd. BNP Paribas Exane upped their price objective on Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group restated a “buy” rating and set a $290.00 price objective on shares of Lam Research in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada increased their target price on Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Twenty-eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $345.39.

Lam Research Stock Performance

Shares of LRCX opened at $433.33 on Wednesday. The firm has a fifty day moving average of $320.21 and a 200-day moving average of $253.79. The company has a market cap of $541.91 billion, a price-to-earnings ratio of 81.76, a price-to-earnings-growth ratio of 3.40 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. Lam Research Corporation has a 1 year low of $90.93 and a 1 year high of $438.50.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The business had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The company’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities analysts anticipate that Lam Research Corporation will post 5.68 earnings per share for the current year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be paid a $0.26 dividend. The ex-dividend date is Wednesday, June 17th. This represents a $1.04 annualized dividend and a dividend yield of 0.2%. Lam Research’s dividend payout ratio (DPR) is presently 19.62%.

Insider Activity

In related news, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the transaction, the senior vice president directly owned 58,470 shares of the company’s stock, valued at $18,102,312. This represents a 11.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 86,339 shares of company stock valued at $27,680,267. Insiders own 0.31% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: Lam Research is benefiting from a broader rally in chip-equipment names, fueled by expectations for stronger leading-edge semiconductor spending and AI infrastructure investment. Lam Research shares jump as chip-equipment rally builds on AI demand and Samsung process news
• Positive Sentiment: Recent analyst target hikes have reinforced bullish sentiment, including Bank of America’s $480 target and another fresh target increase from Susquehanna, which helped push the stock to record territory. Lam Research (LRCX) Soars to Record High After Bank of America Sets $480 Price Target
• Positive Sentiment: Lam Research’s addition to the Russell Top 50 Index may bring extra institutional attention and index-related buying, supporting visibility and demand for the shares. Lam Research (LRCX) Joins The Russell Top 50 Index As Its Market Profile Grows
• Neutral Sentiment: The stock’s recent surge has also put valuation in focus, with some coverage highlighting that the rally has made Lam Research look richer relative to historical levels. Lam Research (NASDAQ:LRCX) Rally Puts Valuation In Focus
• Neutral Sentiment: Erste Group slightly raised earnings estimates for FY2026 and FY2027, which supports the growth narrative, though the firm kept a Hold rating. Lam Research Corporation (NASDAQ:LRCX) research coverage

About Lam Research

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.