TD Waterhouse Canada Inc. Sells 72,902 Shares of Lam Research Corporation $LRCX

TD Waterhouse Canada Inc. decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 18.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 320,827 shares of the semiconductor company’s stock after selling 72,902 shares during the period. TD Waterhouse Canada Inc.’s holdings in Lam Research were worth $109,106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. World Equity Group Inc. lifted its position in shares of Lam Research by 0.5% during the second quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock worth $2,416,000 after purchasing an additional 29 shares during the last quarter. Vann Equity Management LLC grew its position in shares of Lam Research by 1.1% during the 3rd quarter. Vann Equity Management LLC now owns 2,873 shares of the semiconductor company’s stock worth $944,000 after buying an additional 31 shares in the last quarter. Tenzing Financial LLC raised its holdings in shares of Lam Research by 3.5% in the 2nd quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock valued at $441,000 after purchasing an additional 34 shares in the last quarter. Advus Financial Partners LLC lifted its holdings in Lam Research by 1.0% during the second quarter. Advus Financial Partners LLC now owns 3,578 shares of the semiconductor company’s stock worth $1,550,000 after buying an additional 34 shares during the period. Finally, Paragon Private Wealth Management LLC boosted its position in Lam Research by 1.3% during the 2nd quarter. Paragon Private Wealth Management LLC now owns 2,719 shares of the semiconductor company’s stock valued at $1,178,000 after acquiring an additional 35 shares in the last quarter. 84.61% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on LRCX shares. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Mizuho cut their price objective on shares of Lam Research from $370.00 to $365.00 and set an “outperform” rating on the stock in a report on Tuesday, August 25th. HSBC reaffirmed a “hold” rating and issued a $333.00 price objective on shares of Lam Research in a research report on Monday, July 27th. Morgan Stanley reaffirmed an “overweight” rating and set a $385.00 price target (up from $367.00) on shares of Lam Research in a research report on Monday, October 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $320.00 price target on shares of Lam Research in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $364.59.

Insider Activity at Lam Research

In related news, Director Bethany Mayer sold 9,557 shares of the company’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 completion of the sale, the director directly owned 20,995 shares of the company’s stock, valued at approximately $6,607,966.30. This represents a 31.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ava Harter sold 5,000 shares of the firm’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 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.31% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D modeling platform. GPU-accelerated wafer-etch simulations could improve chip-design and manufacturing efficiency, supporting the company’s longer-term role in AI-driven semiconductor fabs. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
• Positive Sentiment: Analysts continue to see substantial upside, with Benzinga’s 22-analyst average target near $346 and a separate consensus implying roughly 25.6% potential appreciation. Recent earnings-estimate revisions could provide support if Lam delivers a strong quarterly report. Lam Research Stock Hits Longest Losing Streak Ever Wall Street Analysts See Upside in Lam Research
• Neutral Sentiment: Analysts are previewing the quarter ended September 2026, focusing on operating metrics beyond headline revenue and earnings estimates. The report could produce a significant re-rating depending on guidance and demand commentary. Lam Research Q1 Earnings Preview
• Neutral Sentiment: Options markets are pricing a potentially large post-earnings move—about $28.6 billion in implied market capitalization swing—signaling elevated volatility rather than a clear directional view. Lam Research Could Swing After Earnings
• Negative Sentiment: Hotter-than-expected inflation has renewed fears that higher interest rates could restrain AI infrastructure spending, weighing broadly on semiconductor and equipment stocks, including Lam Research. Semiconductor Stocks Trade Down on Inflation Concerns
• Negative Sentiment: Lam Research was on track for its ninth consecutive decline, its longest losing streak since 1984. The persistent technical weakness may be encouraging selling despite analysts’ bullish price targets. Lam Research Dips More Than the Broader Market

Lam Research Stock Down 4.9%

Lam Research stock traded down $13.52 during mid-day trading on Friday, reaching $263.94. 11,341,321 shares of the company’s stock were exchanged, compared to its average volume of 8,954,097. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The company has a market cap of $330.30 billion, a P/E ratio of 45.82, a P/E/G ratio of 1.10 and a beta of 1.85. The company has a fifty day moving average of $309.03 and a 200-day moving average of $308.04. Lam Research Corporation has a twelve month low of $135.50 and a twelve month high of $438.50.

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 the consensus estimate 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 during the quarter, compared to analysts’ expectations of $6.66 billion. During the same quarter in the previous year, the business earned $1.33 earnings per share. The firm’s revenue was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Sell-side analysts expect that Lam Research Corporation will post 9.34 EPS for the current year.

Lam Research Increases Dividend

The business also recently disclosed 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. The ex-dividend date was Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. This is a boost from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s dividend payout ratio (DPR) is 22.92%.

About Lam Research

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.