Rockline Wealth Management LLC Acquires 2,292 Shares of Lam Research Corporation $LRCX

Rockline Wealth Management LLC raised its holdings in Lam Research Corporation (NASDAQ:LRCX) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,055 shares of the semiconductor company’s stock after acquiring an additional 2,292 shares during the period. Lam Research comprises 2.0% of Rockline Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Rockline Wealth Management LLC’s holdings in Lam Research were worth $9,938,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LRCX. PMV Capital Advisers LLC bought a new position in Lam Research in the fourth quarter valued at about $25,000. Stance Capital LLC bought a new position in Lam Research in the third quarter valued at about $26,000. Triumph Capital Management bought a new position in Lam Research in the third quarter valued at about $27,000. Core Wealth Advisors LLC bought a new position in Lam Research in the fourth quarter valued at about $29,000. Finally, Strategic Wealth Investment Group LLC bought a new position in Lam Research in the second quarter valued at about $29,000. Institutional investors own 84.61% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on LRCX. HSBC lifted their target price on Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Argus lifted their price target on Lam Research from $175.00 to $280.00 in a research note on Tuesday, February 3rd. Erste Group Bank lowered Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. The Goldman Sachs Group reissued a “buy” rating and set a $290.00 price target on shares of Lam Research in a research note on Thursday, April 23rd. Finally, B. Riley Financial lifted their price target on Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $295.07.

Lam Research Stock Performance

Shares of LRCX stock opened at $318.18 on Friday. The business’s 50-day moving average price is $263.88 and its 200-day moving average price is $220.80. Lam Research Corporation has a 12 month low of $79.49 and a 12 month high of $333.33. The firm has a market capitalization of $397.91 billion, a price-to-earnings ratio of 60.03, a PEG ratio of 2.63 and a beta of 1.81. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities research analysts forecast that Lam Research Corporation will post 5.67 EPS for the current year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s payout ratio is currently 19.62%.

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 120,066 shares of company stock valued at $27,953,242 over the last ninety days. 0.31% of the stock is owned by company insiders.

More Lam Research News

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

• Positive Sentiment: Lam Research hit a new 12-month high, reinforcing strong momentum in the shares and signaling continued investor demand for semiconductor equipment stocks.
• Positive Sentiment: Mizuho Securities reiterated its Buy rating on Lam Research, which supports the stock’s bullish trading tone.
• Positive Sentiment: Options activity showed unusually heavy interest in Lam Research, with investors reportedly favoring short put positions, a sign some traders expect the stock to hold up or rise further.
• Positive Sentiment: Broader semiconductor commentary remained constructive, as Applied Materials’ CEO said AI-driven demand is creating the strongest period ever for the chip equipment industry, a favorable backdrop for Lam Research.
• Neutral Sentiment: Recent articles noted Lam Research’s strong technical run and high valuation, suggesting momentum is powerful but the stock may be vulnerable to volatility if expectations cool.
• Negative Sentiment: Some market commentary questioned whether the semiconductor rally is getting ahead of fundamentals, warning that chip stocks could face a pullback if the current “supercycle” narrative weakens.

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.