Commonwealth of Pennsylvania Public School Empls Retrmt SYS Decreases Position in Lam Research Corporation $LRCX

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 3.9% during the fourth quarter, Holdings Channel reports. The firm owned 292,160 shares of the semiconductor company’s stock after selling 11,762 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Lam Research were worth $50,012,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. PMV Capital Advisers LLC purchased a new stake in shares of Lam Research in the fourth quarter valued at $25,000. Stance Capital LLC purchased a new stake in shares of Lam Research in the third quarter valued at $26,000. Triumph Capital Management purchased a new stake in shares of Lam Research in the third quarter valued at $27,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Lam Research in the second quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Lam Research in the third quarter valued at $40,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LRCX. Weiss Ratings downgraded Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. HSBC upped their price objective on Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Needham & Company LLC restated a “buy” rating and issued a $300.00 price objective on shares of Lam Research in a research report on Thursday, April 23rd. BNP Paribas Exane upped their price objective on Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Finally, Stifel Nicolaus upped their price objective on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.07.

Lam Research Stock Performance

NASDAQ LRCX 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 twelve month low of $79.49 and a twelve month high of $333.33. The company has a market capitalization of $397.91 billion, a PE ratio of 60.03, a price-to-earnings-growth 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 released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. The firm 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 firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, research analysts predict that Lam Research Corporation will post 5.67 earnings per share for the current year.

Lam Research Announces Dividend

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

Key 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.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 120,066 shares of company stock worth $27,953,242 over the last three months. 0.31% of the stock is owned by insiders.

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.