Lam Research Corporation $LRCX Stock Acquired by Burr Financial Services LLC

Burr Financial Services LLC grew its stake in Lam Research Corporation (NASDAQ:LRCX) by 27.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 8,330 shares of the semiconductor company’s stock after acquiring an additional 1,780 shares during the period. Lam Research comprises 1.7% of Burr Financial Services LLC’s investment portfolio, making the stock its 15th biggest holding. Burr Financial Services LLC’s holdings in Lam Research were worth $2,736,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in LRCX. Polaris Financial Partners purchased a new position in shares of Lam Research in the 3rd quarter worth $4,814,000. Bank of America Corp DE increased its position in Lam Research by 5.5% during the second quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock valued at $4,872,426,000 after acquiring an additional 584,489 shares during the last quarter. Rokos Capital Management LLP lifted its holdings in Lam Research by 42.0% in the first quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock valued at $55,532,000 after acquiring an additional 76,840 shares during the period. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in shares of Lam Research during the 1st quarter valued at about $59,973,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Lam Research during the 1st quarter valued at about $26,489,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the transaction, the director directly owned 20,995 shares of the company’s stock, valued at approximately $6,607,966.30. This trade represents a 31.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction on Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,839 shares of company stock valued at $10,644,740 in the last ninety days. 0.31% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on LRCX. Wells Fargo & Company reaffirmed an “overweight” rating and set a $350.00 target price (down from $450.00) on shares of Lam Research in a report on Thursday, July 30th. Stifel Nicolaus lifted their target price on Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Zacks Research raised Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $320.00 price objective on shares of Lam Research in a research report on Thursday, July 30th. Finally, UBS Group reduced their target price on shares of Lam Research from $435.00 to $425.00 and set a “buy” rating for the company in a report on Tuesday, September 1st. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $364.59.

Lam Research Price Performance

Lam Research stock traded down $8.88 during mid-day trading on Thursday, reaching $320.63. 3,153,550 shares of the company’s stock traded hands, compared to its average volume of 10,695,956. Lam Research Corporation has a 12-month low of $131.02 and a 12-month high of $438.50. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The stock has a 50 day moving average of $310.02 and a two-hundred day moving average of $305.12. The company has a market cap of $401.25 billion, a price-to-earnings ratio of 55.83, a PEG ratio of 1.32 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The business had revenue of $6.72 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same period last year, the company earned $1.33 EPS. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities analysts forecast that Lam Research Corporation will post 9.34 earnings per share for the current year.

Lam Research Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 0.4%. The ex-dividend date is Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s payout ratio is currently 22.92%.

More Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from continued investment in AI chips, advanced packaging and high-bandwidth memory (HBM), which is increasing demand for the company’s wafer-fabrication equipment. The stock is reportedly up about 73% this year and ranks highly among stocks with strong return on equity. Is Lam Research a Smart AI Stock Pick for Long-Term Investors?
• Positive Sentiment: Recent analysis continues to highlight Lam’s earnings growth, improving margins and consistent profitability. Its latest reported quarter exceeded consensus expectations, with revenue rising 30% year over year and EPS surpassing estimates, reinforcing the bullish fundamental case.
• Positive Sentiment: Zacks included Lam Research among chip stocks with dependable earnings that could benefit from the AI boom, alongside NVIDIA, Applied Materials and TSMC. This keeps LRCX prominent among investors seeking semiconductor exposure. 4 Top Chip Stocks With Dependable Earnings to Ride the AI Boom
• Neutral Sentiment: Lam Research is one of the most-watched stocks on Zacks, but the “trending stock” coverage reflects investor interest rather than a new company announcement or earnings catalyst. Lam Research Is a Trending Stock
• Negative Sentiment: Valuation remains the main risk. Analysts note that Lam trades at a premium to KLA relative to trailing free cash flow, so continued gains may require sustained AI-driven growth and execution. A modest premarket decline in Europe also points to some near-term caution. Lam Research vs. KLA
• Neutral Sentiment: One article references an abdominoplasty clinical trial while attributing it to Lam Research, which appears unrelated to the semiconductor-equipment company and should not be treated as relevant investment news.

Lam Research Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.