Lam Research Corporation $LRCX Stake Boosted by Retirement Planning Group LLC

Retirement Planning Group LLC boosted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 184.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 5,225 shares of the semiconductor company’s stock after purchasing an additional 3,391 shares during the quarter. Retirement Planning Group LLC’s holdings in Lam Research were worth $1,116,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of LRCX. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research during the fourth quarter valued at approximately $25,000. Stance Capital LLC acquired a new position in Lam Research in the 3rd quarter worth approximately $26,000. Bayban acquired a new position in Lam Research in the 4th quarter worth approximately $26,000. Vermillion Wealth Management Inc. purchased a new position in Lam Research during the 1st quarter worth approximately $26,000. Finally, Cedar Mountain Advisors LLC grew its position in Lam Research by 242.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 85 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Trading Up 4.9%

Lam Research stock opened at $346.10 on Wednesday. The company’s fifty day simple moving average is $337.74 and its 200-day simple moving average is $266.51. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a 12 month low of $90.93 and a 12 month high of $438.50. The stock has a market cap of $432.82 billion, a P/E ratio of 65.30, a P/E/G ratio of 1.95 and a beta of 1.80.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the prior year, the business posted $1.04 earnings per share. Lam Research’s revenue for the quarter was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, sell-side analysts forecast that Lam Research Corporation will post 5.68 EPS for the current fiscal year.

Lam Research Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, June 17th. Lam Research’s dividend payout ratio is presently 19.62%.

Analysts Set New Price Targets

LRCX has been the subject of a number of research analyst reports. Susquehanna restated a “positive” rating and issued a $475.00 target price (up from $385.00) on shares of Lam Research in a report on Tuesday, June 30th. Zacks Research downgraded Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Evercore upped their price target on Lam Research from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. The Goldman Sachs Group reissued a “buy” rating and issued a $290.00 price objective on shares of Lam Research in a research note on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Twenty-eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $358.67.

Insider Transactions at Lam Research

In other news, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the sale, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of Lam Research stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the sale, the director owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. This represents a 17.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 104,621 shares of company stock valued at $33,804,737 over the last 90 days. Company 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: Mizuho raised its price target on Lam Research to $400 from $380 and kept an Outperform rating, saying AI demand should support durable wafer fab equipment spending through 2027-2029. Mizuho Raises its Price Target on Lam Research Corporation (LRCX)
• Positive Sentiment: Analysts and market commentary continue to highlight Lam Research as a beneficiary of AI-related spending, with recent reports pointing to strong demand in HBM, advanced DRAM, and leading-edge chips. Can AI Chip Boom Help LRCX Reach Record Q4 Sales Target of $6.6B?
• Positive Sentiment: QuiverQuant noted the stock is benefiting from improving sentiment across chip-equipment names ahead of Lam Research’s late-July earnings report, which is encouraging traders to rotate back into the group. Lam Research Rises as Chip-Equipment Sentiment Improves Ahead of Earnings
• Neutral Sentiment: Jim Cramer’s recent comments and other media coverage have kept Lam Research in the spotlight, but these articles are mostly reinforcing the bullish AI narrative rather than introducing new company-specific news. Jim Cramer Shares Why am Research Corporation (LRCX) is on Fire
• Negative Sentiment: There is still some near-term caution in the background, including recent weakness tied to cooling AI memory enthusiasm and ongoing semiconductor volatility, which could limit upside if capital spending slows. Lam Research (LRCX) Stock Slides As AI Memory Boom Loses Steam
• Negative Sentiment: Director Abhijit Y. Talwalkar sold 18,282 shares in a pre-arranged Rule 10b5-1 transaction, which may modestly temper sentiment even though the sale was planned. Lam Research director stock sale

About Lam Research

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.