Calamos Wealth Management LLC Boosts Holdings in Lam Research Corporation $LRCX

Calamos Wealth Management LLC grew its stake in Lam Research Corporation (NASDAQ:LRCX) by 14.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 29,668 shares of the semiconductor company’s stock after purchasing an additional 3,734 shares during the quarter. Calamos Wealth Management LLC’s holdings in Lam Research were worth $3,973,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Sax Wealth Advisors LLC increased its stake in Lam Research by 14.2% during the 3rd quarter. Sax Wealth Advisors LLC now owns 4,637 shares of the semiconductor company’s stock worth $621,000 after buying an additional 578 shares in the last quarter. Kingsman Wealth Management Inc. purchased a new position in shares of Lam Research in the third quarter valued at approximately $482,000. Ascent Group LLC lifted its position in shares of Lam Research by 84.9% in the third quarter. Ascent Group LLC now owns 21,883 shares of the semiconductor company’s stock valued at $2,930,000 after acquiring an additional 10,048 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Lam Research by 12.6% in the third quarter. Sivia Capital Partners LLC now owns 3,920 shares of the semiconductor company’s stock worth $525,000 after acquiring an additional 438 shares during the last quarter. Finally, Diversified Trust Co increased its position in shares of Lam Research by 34.4% during the third quarter. Diversified Trust Co now owns 31,922 shares of the semiconductor company’s stock worth $4,274,000 after purchasing an additional 8,172 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the transaction, the insider directly owned 56,786 shares in the company, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the sale, the chief financial officer owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This trade represents a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 102,608 shares of company stock valued at $14,916,496 over the last 90 days. Insiders own 0.31% of the company’s stock.

Lam Research Price Performance

NASDAQ:LRCX opened at $173.78 on Wednesday. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $179.80. The stock’s fifty day moving average is $159.60 and its two-hundred day moving average is $127.64. The company has a market capitalization of $218.27 billion, a P/E ratio of 38.28, a P/E/G ratio of 2.03 and a beta of 1.77. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The business had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The company’s revenue was up 27.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Equities analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.6%. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of research reports. Wall Street Zen lowered Lam Research from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. JPMorgan Chase & Co. increased their target price on shares of Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Oppenheimer set a $200.00 price target on shares of Lam Research and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Berenberg Bank upped their price objective on shares of Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, HSBC set a $127.00 price objective on shares of Lam Research and gave the company a “hold” rating in a report on Tuesday, September 30th. Twenty-six analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.21.

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.