EHP Funds Inc. Acquires Shares of 3,600 Lam Research Corporation $LRCX

EHP Funds Inc. acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,600 shares of the semiconductor company’s stock, valued at approximately $482,000.

A number of other institutional investors also recently made changes to their positions in LRCX. Brighton Jones LLC increased its stake in shares of Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares during the last quarter. Caxton Associates LLP bought a new position in Lam Research during the 1st quarter valued at $239,000. Ignite Planners LLC boosted its stake in Lam Research by 32.8% during the 2nd quarter. Ignite Planners LLC now owns 5,169 shares of the semiconductor company’s stock valued at $520,000 after acquiring an additional 1,277 shares during the last quarter. Impax Asset Management Group plc acquired a new position in Lam Research during the 2nd quarter worth $1,247,000. Finally, ABN Amro Investment Solutions bought a new stake in shares of Lam Research in the 2nd quarter worth about $4,320,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $212.20 on Friday. The company has a market cap of $264.99 billion, a PE ratio of 43.48, a P/E/G ratio of 2.25 and a beta of 1.77. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $256.68. The firm has a 50-day simple moving average of $224.75 and a 200 day simple moving average of $172.69. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same quarter last year, the company posted $0.91 earnings per share. Lam Research’s revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, sell-side analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is 21.31%.

Insider Activity at Lam Research

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the sale, the director directly owned 253,705 shares of the company’s stock, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 130,886 shares of company stock worth $29,658,802 in the last 90 days. 0.31% of the stock is currently owned by company insiders.

Lam Research News Roundup

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

• Positive Sentiment: Lam is engaging with BE Semiconductor Industries (BESI) to boost advanced‑packaging capabilities and content — a strategic M&A angle that would accelerate Lam’s exposure to fast‑growing advanced packaging markets. Lam Research BESI Talks Highlight Push Into Advanced Packaging Content — Also reported that BESI has drawn takeover interest with Lam among suitors. Exclusive‑BESI attracts takeover interest as advanced chip packaging demand surges
• Positive Sentiment: Lam and IBM announced a long‑term collaboration to develop processes/materials for sub‑1nm logic and High‑NA EUV — strengthening Lam’s roadmap exposure to next‑gen logic and AI chips. Lam Research IBM Alliance Targets Sub 1nm Logic And AI Chip Demand
• Positive Sentiment: Management is targeting growth in foundry and logic markets and is aiming for gross margins above 50% via pricing and mix — a direct driver of EPS leverage if demand stays strong. Lam Research Corp. (LRCX) Targets Growth in Foundry and Logic Markets
• Positive Sentiment: Analysts have lifted targets and reiterated conviction after solid results and outlook; Barclays raised its price target recently (supportive to near‑term sentiment). Is Lam Research One of the Best Large‑Cap Tech Stocks to Invest In?
• Positive Sentiment: Industry analysis highlights a supply‑constrained WFE cycle and strong AI/advanced‑packaging demand that underpin a multi‑year capex runway for Lam. Lam Research: Supply‑Constrained WFE Cycle Sets Up A Multi‑Year Runway
• Neutral Sentiment: Market momentum: LRCX has rallied ~33% over three months on earnings beats and AI/packaging demand—helpful context but not a new catalyst. LRCX Stock Soars 33% in Three Months
• Negative Sentiment: Valuation concerns: some analysts/commentaries warn the stock may be extended and expect a re‑rating or consolidation — a risk if WFE momentum or execution disappoints. Lam Research: Wonderful Company, But The Price Needs To Come Back To Earth

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on LRCX shares. Cantor Fitzgerald restated an “overweight” rating and issued a $320.00 target price (up from $265.00) on shares of Lam Research in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft lifted their price target on Lam Research from $260.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Bank of America upped their price objective on Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. JPMorgan Chase & Co. increased their target price on Lam Research from $165.00 to $300.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Finally, Rothschild & Co Redburn lifted their target price on Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $245.35.

Lam Research Profile

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.