US Bancorp DE Sells 5,187 Shares of Lam Research Corporation $LRCX

US Bancorp DE trimmed its position in Lam Research Corporation (NASDAQ:LRCX) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 408,205 shares of the semiconductor company’s stock after selling 5,187 shares during the quarter. US Bancorp DE’s holdings in Lam Research were worth $54,659,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of LRCX. Howard Hughes Medical Institute bought a new stake in Lam Research in the second quarter valued at about $27,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Lam Research in the 2nd quarter valued at approximately $29,000. Delos Wealth Advisors LLC bought a new position in shares of Lam Research during the 2nd quarter worth approximately $30,000. Bank of Jackson Hole Trust grew its position in Lam Research by 111.1% in the second quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 200 shares during the period. Finally, Country Trust Bank acquired a new position in Lam Research during the second quarter worth $39,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Down 4.2%

NASDAQ LRCX opened at $239.07 on Friday. The stock has a market capitalization of $298.54 billion, a P/E ratio of 48.99, a price-to-earnings-growth ratio of 2.67 and a beta of 1.78. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $256.68. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The stock has a fifty day moving average of $215.67 and a 200-day moving average of $163.89.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. The business had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, equities research analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Lam Research’s payout ratio is currently 21.31%.

Analyst Upgrades and Downgrades

LRCX has been the subject of a number of recent analyst reports. Oppenheimer reiterated an “outperform” rating and set a $265.00 target price on shares of Lam Research in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. Wells Fargo & Company lifted their target price on shares of Lam Research from $250.00 to $290.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Barclays set a $250.00 target price on Lam Research in a report on Thursday, January 29th. Finally, Citigroup raised their price target on Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average price target of $245.19.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Analyst upgrade pushed optimism: Lam was upgraded, prompting intraday strength and a fresh 12‑month high on the upgrade news — a near‑term vote of confidence from sell‑side coverage. Lam Research Trading Up After Analyst Upgrade
• Positive Sentiment: Strategic tech and footprint moves: Lam announced a partnership with CEA‑Leti on next‑gen specialty semiconductor tech and is opening a Boise facility to support advanced memory manufacturing — steps that strengthen R&D pipeline and U.S. customer proximity. Lam Research Resets Technology Path With CEA Leti Deal And Boise Bet
• Positive Sentiment: Bullish AI comparison story highlights upside potential: A Motley Fool piece argues Lam could outperform/be worth more than AMD by end‑2026, reflecting bullish investor narratives around AI-driven equipment demand. (Speculative perspective to weigh against fundamentals.) Prediction: This AI Stock Will Be Worth More Than AMD by the End of 2026
• Neutral Sentiment: Analyst price target tweak: Morgan Stanley raised its price target modestly (to $254) but kept an “equal weight” rating — a small upside signal but not an outright bullish re‑rating. Morgan Stanley Raises LRCX Price Target
• Positive Sentiment: Solid recent results and revenue streak: Lam has produced >$5B quarters for several periods with strong margins, and analysts highlight foundry strength as a support for ongoing revenue continuity. Can Foundry Strength Keep Lam Research’s $5B+ Revenue Streak Alive?
• Negative Sentiment: Sectorwide sell‑off pressure: Semiconductors tumbled in an afternoon session as investors pared back AI/related longs after Nvidia’s event, weighing on equipment suppliers including Lam. Applied Materials, Broadcom, Lam Research, Western Digital, and Allegro MicroSystems Shares Are Falling
• Negative Sentiment: Shares moved down more steeply than the broader market in the last session, reflecting both the sector reaction and profit‑taking after recent gains. Lam Research Falls More Steeply Than Broader Market

Insider Buying and Selling at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director directly owned 253,705 shares in the company, valued at $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.31% of the stock is currently owned by company 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.