Synergy Asset Management LLC Has $6.70 Million Stock Holdings in Lam Research Corporation $LRCX

Synergy Asset Management LLC decreased its stake in Lam Research Corporation (NASDAQ:LRCX) by 61.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 39,136 shares of the semiconductor company’s stock after selling 62,445 shares during the quarter. Lam Research accounts for about 0.7% of Synergy Asset Management LLC’s investment portfolio, making the stock its 28th largest holding. Synergy Asset Management LLC’s holdings in Lam Research were worth $6,699,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings 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 period. Caxton Associates LLP acquired a new stake in shares of Lam Research during the first quarter valued at approximately $239,000. Global Retirement Partners LLC purchased a new stake in shares of Lam Research in the 2nd quarter valued at approximately $1,798,000. Jefferies Financial Group Inc. lifted its position in shares of Lam Research by 164.3% in the 2nd quarter. Jefferies Financial Group Inc. now owns 15,033 shares of the semiconductor company’s stock valued at $1,463,000 after acquiring an additional 9,345 shares in the last quarter. Finally, CreativeOne Wealth LLC boosted its stake in Lam Research by 41.2% in the 2nd quarter. CreativeOne Wealth LLC now owns 18,933 shares of the semiconductor company’s stock worth $1,843,000 after purchasing an additional 5,529 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on LRCX shares. The Goldman Sachs Group set a $262.00 price objective on shares of Lam Research and gave the stock a “buy” rating in a research report on Thursday, January 29th. Wells Fargo & Company raised their target price on Lam Research from $250.00 to $290.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Mizuho set a $265.00 price target on Lam Research in a report on Wednesday, January 28th. JPMorgan Chase & Co. upped their price target on Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Finally, Susquehanna set a $325.00 price objective on Lam Research and gave the stock a “positive” rating in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.35.

Lam Research News Summary

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

• Positive Sentiment: Erste Group slightly raised its FY2027 EPS estimate for Lam (from $7.00 to $7.02), signaling continued analyst confidence in Lam’s longer‑term profitability. Read More.
• Positive Sentiment: Bullish research pieces argue Lam is positioned for continued growth due to rising chip process complexity and AI-driven capital expenditures — supportive for medium/long-term revenue and margins. Read More.
• Positive Sentiment: Investment letters and coverage (e.g., Renaissance in a large‑cap growth strategy) highlight Lam’s exposure to growing chip complexity, a structural tailwind for deposition/etch equipment. Read More.
• Positive Sentiment: Technical/flow-driven buying signals have supported the stock recently (not fundamental-driven), which can amplify short-term rallies. Read More.
• Neutral Sentiment: Industry note: Applied Materials stands to benefit from rising HBM and advanced packaging demand — an industry tailwind that should also help Lam over time, though AMAT‑specific coverage may not translate directly into immediate upside for LRCX. Read More.
• Neutral Sentiment: Valuation write‑ups ask whether recent multi‑year gains already price in Lam’s growth; useful for timing entries but not a near‑term catalyst. Read More.
• Negative Sentiment: Immediate negative: investors sold LRCX after news that Google’s TurboQuant can significantly reduce memory requirements for AI models. That development raises short‑term uncertainty around demand for HBM and packaging — key end markets for advanced wafer‑fab equipment. This appears to be the primary driver of today’s pullback. Read More.

Insiders Place Their Bets

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ava Harter sold 1,500 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total transaction of $333,990.00. Following the transaction, the insider owned 53,205 shares in the company, valued at $11,846,625.30. This represents a 2.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 130,886 shares of company stock valued at $29,658,802 over the last ninety days. Corporate insiders own 0.31% of the company’s stock.

Lam Research Trading Down 9.4%

Lam Research stock opened at $211.62 on Friday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $256.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The stock has a market cap of $264.26 billion, a P/E ratio of 43.36, a P/E/G ratio of 2.51 and a beta of 1.77. The company’s fifty day simple moving average is $228.05 and its 200-day simple moving average is $180.61.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the company earned $0.91 earnings per share. Lam Research’s quarterly revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, sell-side analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid a $0.26 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Lam Research’s payout ratio is 21.31%.

Lam Research Company 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.