WD Rutherford LLC Has $2.62 Million Position in Lam Research Corporation $LRCX

WD Rutherford LLC raised its holdings in Lam Research Corporation (NASDAQ:LRCX) by 22.0% during the first quarter, Holdings Channel.com reports. The fund owned 12,281 shares of the semiconductor company’s stock after purchasing an additional 2,218 shares during the period. WD Rutherford LLC’s holdings in Lam Research were worth $2,624,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares during the last quarter. Caxton Associates LLP acquired a new position in Lam Research during the first quarter valued at approximately $239,000. Gabelli Funds LLC bought a new stake in Lam Research in the second quarter valued at approximately $253,000. NewEdge Advisors LLC raised its holdings in Lam Research by 2.7% in the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after purchasing an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. boosted its position in shares of Lam Research by 5,206.7% during the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after purchasing an additional 781 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: Analysts remain generally upbeat on Lam Research, with recent price targets raised as high as $500 and several firms maintaining Buy/Outperform ratings, suggesting Wall Street still sees meaningful upside. Is Lam Research (LRCX) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Multiple reports highlighted that AI infrastructure spending, advanced memory/foundry demand, and advanced packaging growth could keep boosting revenue and margins, with one note suggesting Q4 gross margin could top 50% for the first time. Can AI Demand Help Lam Research Hit New Highs for Gross Margin in Q4?
• Positive Sentiment: Lam Research was also added to the Russell Top 50 Index, which can increase institutional visibility and support fund buying over time. Lam Research (LRCX) Joins The Russell Top 50 Index As Its Market Profile Grows
• Neutral Sentiment: Recent earnings-preview coverage pointed to a strong historical pattern of beating estimates, but this was framed as an expectation rather than a new catalyst. Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Several articles noted that Lam Research is up dramatically in 2026, which supports the long-term bull case but may also encourage short-term traders to lock in gains. Lam Research Stock Surges 154% in H1’26: Should You Buy More or Exit?
• Negative Sentiment: The stock’s latest move was a steep drop, and commentary suggests semiconductor equipment names were hit by broader profit-taking in the chip sector rather than a fresh operational setback at Lam Research. Lam Research (LRCX) Registers a Bigger Fall Than the Market: Important Facts to Note

Lam Research Trading Down 9.7%

LRCX opened at $391.26 on Thursday. The stock has a market capitalization of $489.30 billion, a P/E ratio of 73.82, a P/E/G ratio of 3.58 and a beta of 1.79. Lam Research Corporation has a 12 month low of $90.93 and a 12 month high of $438.50. The firm’s fifty day simple moving average is $322.77 and its 200 day simple moving average is $255.36. 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm 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 company’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. As a group, research analysts anticipate that Lam Research Corporation will post 5.68 EPS for the current fiscal year.

Lam Research Announces Dividend

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

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the sale, the senior vice president owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. This trade represents a 21.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the sale, the director owned 199,205 shares in the company, valued at $69,881,114. The trade was a 21.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 86,339 shares of company stock worth $27,680,267. 0.31% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LRCX shares. Cantor Fitzgerald set a $500.00 price objective on shares of Lam Research and gave the company an “overweight” rating in a research report on Monday. Raymond James Financial set a $425.00 target price on Lam Research in a research note on Wednesday, June 10th. Wells Fargo & Company restated an “overweight” rating and issued a $450.00 price target (up from $365.00) on shares of Lam Research in a report on Monday, June 22nd. UBS Group reaffirmed a “buy” rating and set a $375.00 price target (up from $310.00) on shares of Lam Research in a research report on Tuesday, June 9th. Finally, Erste Group Bank cut Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $345.39.

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.