LPL Financial LLC Has $239.85 Million Stock Position in Lam Research Corporation $LRCX

LPL Financial LLC raised its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 4.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,401,146 shares of the semiconductor company’s stock after buying an additional 63,490 shares during the quarter. LPL Financial LLC’s holdings in Lam Research were worth $239,848,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of LRCX. Traphagen Investment Advisors LLC increased its position in Lam Research by 2.4% during the fourth quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 46 shares during the period. Field & Main Bank boosted its holdings in Lam Research by 1.1% in the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock valued at $790,000 after purchasing an additional 50 shares during the period. Capital Advisors Ltd. LLC boosted its holdings in Lam Research by 1.1% in the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock valued at $795,000 after purchasing an additional 51 shares during the period. Retirement Planning Group LLC grew its position in Lam Research by 2.9% in the 4th quarter. Retirement Planning Group LLC now owns 1,834 shares of the semiconductor company’s stock worth $314,000 after purchasing an additional 51 shares during the last quarter. Finally, Plancorp LLC increased its holdings in shares of Lam Research by 2.1% during the 4th quarter. Plancorp LLC now owns 2,518 shares of the semiconductor company’s stock worth $431,000 after purchasing an additional 51 shares during the period. 84.61% of the stock is owned by institutional investors.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: UBS lifted its price target on Lam Research to $375 from $310, signaling higher confidence in the company’s outlook and helping drive buying interest. Why Lam Research (LRCX) Stock Is Trading Up Today
• Positive Sentiment: Lam Research said it has raised its 2026 WFE forecast, which points to stronger expected spending in semiconductor manufacturing equipment. Lam Research (LRCX) Raises WFE Forecast at BofA Global Technology Conference
• Neutral Sentiment: Multiple articles highlighted Lam Research as a strategic AI and growth-market investment, but these pieces were more thematic than directly tied to a near-term operating update. Lam Research (LRCX): A Strategic Investment in the Transformative Industry
• Neutral Sentiment: Broad semiconductor-market commentary noted the sector’s recent reversal and a possible correction, which could create volatility for LRCX even if the long-term demand case remains intact. Semiconductor shorts pile on as winning trade reverses
• Negative Sentiment: Some commentary suggested the stock may still look overvalued despite real AI-related tailwinds, which could temper upside if investors focus on valuation. Lam Research: AI Tailwinds Are Real, But The Stock Still Looks Overvalued

Lam Research Stock Up 0.8%

NASDAQ LRCX opened at $327.16 on Wednesday. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average is $277.79 and its two-hundred day moving average is $229.81. The company has a market capitalization of $409.14 billion, a price-to-earnings ratio of 61.73, a PEG ratio of 2.69 and a beta of 1.85. Lam Research Corporation has a 1-year low of $87.75 and a 1-year high of $349.09.

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, beating analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities analysts forecast that Lam Research Corporation will post 5.67 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on LRCX. New Street Research upped their price objective on shares of Lam Research from $235.00 to $280.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. Citigroup restated a “buy” rating and set a $315.00 price target (up from $300.00) on shares of Lam Research in a research note on Thursday, April 23rd. Berenberg Bank upped their price target on Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. raised their price objective on Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Finally, Sanford C. Bernstein lifted their price objective on Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Twenty-seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $306.52.

Insider Buying and Selling

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of Lam Research stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of Lam Research 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 sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 31,839 shares of company stock worth $8,561,667 over the last ninety days. Company insiders own 0.31% of the company’s stock.

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.