Impact Partnership Wealth LLC Purchases Shares of 11,605 Lam Research Corporation $LRCX

Impact Partnership Wealth LLC acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,605 shares of the semiconductor company’s stock, valued at approximately $1,554,000.

Several other hedge funds have also modified their holdings of the stock. Norges Bank purchased a new stake in Lam Research during the 2nd quarter worth about $1,894,585,000. JPMorgan Chase & Co. grew its position in shares of Lam Research by 14.4% during the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock worth $3,954,188,000 after buying an additional 5,102,589 shares in the last quarter. Nordea Investment Management AB grew its holdings in Lam Research by 34.1% during the 2nd quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock worth $1,029,210,000 after acquiring an additional 2,692,189 shares in the last quarter. Artisan Partners Limited Partnership grew its holdings in Lam Research by 35.4% during the 2nd quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock worth $958,786,000 after acquiring an additional 2,575,456 shares in the last quarter. Finally, Sei Investments Co. increased its position in shares of Lam Research by 103.5% in the 2nd quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock valued at $296,833,000 after purchasing an additional 1,550,842 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $248.17 on Friday. Lam Research Corporation has a one year low of $56.32 and a one year high of $251.38. The stock has a market capitalization of $311.71 billion, a price-to-earnings ratio of 50.85, a PEG ratio of 3.03 and a beta of 1.77. The company has a 50-day simple moving average of $185.48 and a 200-day simple moving average of $145.09. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21.

Lam Research (NASDAQ:LRCX) last issued 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. Lam Research had a return on equity of 63.28% and a net margin of 30.22%.The firm had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same quarter in the previous year, the firm posted $0.91 EPS. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Lam Research’s dividend payout ratio is presently 21.31%.

Trending Headlines about Lam Research

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

• Positive Sentiment: Q2 results beat and strong guidance — LRCX reported $1.27 EPS and $5.34B revenue (both above estimates), and guided Q3 EPS of $1.25–1.45 with revenue above Street expectations, signaling continued robust equipment demand from AI and foundry customers. Reuters: Lam Research forecasts strong quarterly results
• Positive Sentiment: Analyst upgrades and higher price targets — A broad, near-term consensus shift higher from banks (JPMorgan, Citi, Needham, Wells Fargo, Deutsche, TD Cowen, Stifel, UBS and others) is supporting the rally by implying more upside to consensus; these moves cite stronger AI-driven bookings and expanding capacity needs. Benzinga: These Analysts Boost Their Forecasts On Lam Research
• Positive Sentiment: Big-bank target lifts — Several outlets reported large raises (JPMorgan/Citigroup to $300, Wells Fargo/Deutsche/TD Cowen to ~$290, Needham to $300, Stifel/UBS higher), which can drive buying by momentum and institutional funds. Benzinga coverage of multiple price-target changes
• Positive Sentiment: AI-driven demand and manufacturing expansion highlighted — Coverage and deep-dive pieces point to accelerating orders tied to AI chips and foundry/NAND capex, supporting revenue durability beyond a single quarter. This narrative is central to investor enthusiasm. Yahoo Finance: LRCX Q4 Deep Dive
• Positive Sentiment: High-profile bullish commentary — Media and TV personalities (e.g., Jim Cramer) and outlets like Barron’s flagged Lam as a best-in-class equipment name with structural tailwinds, which can reinforce retail and momentum flows. InsiderMonkey: Jim Cramer on Lam Research
• Neutral Sentiment: Morgan Stanley raised its target to $244 but kept an equal-weight rating — the new PT is slightly below the current price, which is a mixed signal: higher target versus prior but not an outright buy call. AmericanBankingNews: Morgan Stanley price target
• Negative Sentiment: Valuation and volatility concerns — Coverage (Forbes and others) warns the stock is richly valued (forward P/E elevated vs. history) and has shown sharp past drawdowns; this raises risks if demand disappoints or guidance cools. Forbes: Why record highs may face a reality check
• Negative Sentiment: Concentration and cyclical risk for semiconductor equipment — Despite strong short-term prints, revenue is tied to a lumpy capex cycle; any slowdown in AI/foundry spend or supply-chain setbacks could quickly reverse sentiment. Barron’s: Why earnings were bullish but stock is volatile

Insider Buying and Selling at Lam Research

In other news, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the sale, the chief financial officer owned 987,237 shares of the company’s stock, valued at $148,677,892.20. The trade was a 3.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. This represents a 44.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 41,408 shares of company stock valued at $6,248,501 in the last 90 days. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

LRCX has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a report on Thursday. Summit Insights upgraded Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday. KeyCorp reissued a “sector weight” rating on shares of Lam Research in a report on Thursday. Berenberg Bank increased their target price on shares of Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Finally, Jefferies Financial Group restated a “buy” rating and issued a $200.00 price objective (up previously from $175.00) on shares of Lam Research in a research note on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $234.55.

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.