North Dallas Bank & Trust Co. Boosts Holdings in Lam Research Corporation $LRCX

North Dallas Bank & Trust Co. raised its position in Lam Research Corporation (NASDAQ:LRCX) by 161.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,130 shares of the semiconductor company’s stock after acquiring an additional 1,935 shares during the quarter. North Dallas Bank & Trust Co.’s holdings in Lam Research were worth $1,356,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Lam Research in the fourth quarter valued at about $3,645,427,000. Price T Rowe Associates Inc. MD increased its stake in shares of Lam Research by 352.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,695,210 shares of the semiconductor company’s stock worth $2,344,347,000 after acquiring an additional 10,666,540 shares during the period. Franklin Resources Inc. raised its holdings in Lam Research by 57.0% during the fourth quarter. Franklin Resources Inc. now owns 10,110,560 shares of the semiconductor company’s stock worth $1,730,724,000 after purchasing an additional 3,671,073 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Lam Research by 235.5% during the fourth quarter. Corient Private Wealth LLC now owns 5,199,441 shares of the semiconductor company’s stock worth $890,040,000 after purchasing an additional 3,649,553 shares in the last quarter. Finally, J. Stern & Co. LLP lifted its position in Lam Research by 3,826.9% in the fourth quarter. J. Stern & Co. LLP now owns 3,459,377 shares of the semiconductor company’s stock valued at $592,176,000 after purchasing an additional 3,371,283 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Trading Up 4.7%

Shares of LRCX opened at $326.11 on Thursday. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. The firm’s 50-day moving average is $338.86 and its two-hundred day moving average is $281.96. Lam Research Corporation has a twelve month low of $94.11 and a twelve month high of $438.50. The firm has a market capitalization of $408.07 billion, a P/E ratio of 56.62, a PEG ratio of 1.24 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same period last year, the company posted $1.33 earnings per share. The firm’s quarterly revenue was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, research analysts predict that Lam Research Corporation will post 9.32 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were paid 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 (DPR) is presently 18.06%.

Lam Research News Roundup

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

• Positive Sentiment: Strong earnings and raised forecasts: Lam Research recently exceeded quarterly earnings and revenue expectations, with revenue up 30% year over year. Erste Group Bank raised its fiscal 2027 EPS estimate to $9.27 from $8.05, broadly in line with the $9.32 consensus forecast. The company also issued fiscal first-quarter 2027 EPS guidance of $2.00–$2.30, reinforcing expectations for continued growth.
• Positive Sentiment: AI-driven equipment demand: Analysts continue to identify LRCX as a leading AI-related semiconductor equipment stock, citing strong results, growth prospects and potential upside as chipmakers increase capital spending to support AI infrastructure. Buy and Hold These 2 Top-Ranked AI-Led Semiconductor Equipment Stocks
• Positive Sentiment: Expansion into panel-level packaging: Lam is entering panel-level packaging, an emerging market intended to support larger, more complex AI chips. The move could provide an additional growth avenue beyond its core wafer-fabrication equipment business. Lam Research Enters Panel-Level Packaging: Is This a Growth Catalyst?
• Positive Sentiment: Workforce-development partnership: Lam and NY CREATES will use Lam’s Semiverse virtual-fabrication platform to help train approximately 3,500 university students in semiconductor process integration over five years. The initiative strengthens industry relationships and supports the labor pipeline, though its financial impact is likely long term. Lam Research and NY Creates Team Up to Enable Training of University Students for the Semiconductor Workforce
• Neutral Sentiment: Investor attention remains elevated: Jim Cramer’s upcoming semiconductor-focused call may increase visibility for LRCX, but any impact depends on his comments and is primarily sentiment-driven. 5 Semiconductor Stocks Jim Cramer Could Be Talking About on Thursday
• Neutral Sentiment: Short-interest data is unreliable: A report showing zero shares sold short and a zero-day short ratio appears to reflect faulty or incomplete data, so it offers little actionable information for investors.
• Negative Sentiment: Potential long-term industry competition: SpaceX’s proposed Terrafab facility could challenge the current memory-chip supply structure. The threat is aimed mainly at Micron, SK Hynix and Samsung, but broader changes in semiconductor manufacturing could affect equipment demand and industry dynamics over time.

Insider Buying and Selling

In other Lam Research news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the sale, the director owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the transaction, the senior vice president owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This represents a 11.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 80,441 shares of company stock valued at $27,614,296. 0.31% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

LRCX has been the topic of a number of analyst reports. Susquehanna reaffirmed a “positive” rating and issued a $475.00 price objective (up from $385.00) on shares of Lam Research in a report on Tuesday, June 30th. UBS Group reissued a “buy” rating and set a $375.00 target price (up from $310.00) on shares of Lam Research in a research note on Tuesday, June 9th. Sanford C. Bernstein raised their price target on Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Berenberg Bank lifted their price target on Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, HSBC reaffirmed a “hold” rating and set a $333.00 price objective on shares of Lam Research in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $358.47.

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.