Artemis Wealth Advisors LLC Boosts Stake in Lam Research Corporation $LRCX

Artemis Wealth Advisors LLC increased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 33.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 40,000 shares of the semiconductor company’s stock after acquiring an additional 10,000 shares during the period. Lam Research makes up approximately 1.0% of Artemis Wealth Advisors LLC’s holdings, making the stock its 9th largest holding. Artemis Wealth Advisors LLC’s holdings in Lam Research were worth $6,847,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of LRCX. Brighton Jones LLC increased its holdings in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares during the period. Caxton Associates LLP bought a new stake in Lam Research during the 1st quarter worth approximately $239,000. Gabelli Funds LLC bought a new stake in Lam Research during the 2nd quarter worth approximately $253,000. NewEdge Advisors LLC grew its stake in Lam Research by 2.7% in the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after buying an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. grew its stake in Lam Research by 5,206.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after buying an additional 781 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on LRCX shares. Citigroup reissued a “buy” rating and issued a $315.00 price target (up from $300.00) on shares of Lam Research in a research note on Thursday, April 23rd. JPMorgan Chase & Co. boosted their price target on shares of Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Cantor Fitzgerald set a $425.00 price target on shares of Lam Research and gave the stock an “overweight” rating in a research note on Wednesday. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Finally, Wells Fargo & Company reissued an “overweight” rating and issued a $575.00 price target (up from $320.00) on shares of Lam Research in a research note on Monday, June 1st. Twenty-eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus price target of $322.01.

Lam Research Price Performance

Shares of Lam Research stock opened at $366.81 on Friday. Lam Research Corporation has a 52-week low of $87.75 and a 52-week high of $373.82. The stock has a market capitalization of $458.72 billion, a price-to-earnings ratio of 69.21, a price-to-earnings-growth ratio of 3.04 and a beta of 1.85. The company has a fifty day moving average of $286.10 and a 200-day moving average of $233.58. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating 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 company had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter in the prior year, the company earned $1.04 EPS. The firm’s revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities research analysts expect that Lam Research Corporation will post 5.7 EPS for the current year.

Lam Research Announces Dividend

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

Key Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Insiders Place Their Bets

In other news, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction 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 completion of the sale, the insider owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Neil J. Fernandes sold 7,659 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at $18,102,312. This trade represents a 11.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 31,839 shares of company stock valued at $8,561,667 in the last ninety days. 0.31% of the stock is owned by corporate insiders.

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.