Lam Research (NASDAQ:LRCX) Stock Price Up 8.3% Following Dividend Announcement

Lam Research Corporation (NASDAQ:LRCX) shares were up 8.3% on Friday following a dividend announcement from the company. The company traded as high as $232.45 and last traded at $231.01. Approximately 13,705,878 shares changed hands during trading, a decline of 3% from the average daily volume of 14,072,864 shares. The stock had previously closed at $213.31.

The newly announced dividend which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be paid a $0.26 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.5%. Lam Research’s payout ratio is 21.31%.

Wall Street Analyst Weigh In

LRCX has been the subject of several recent analyst reports. Morgan Stanley upped their price objective on shares of Lam Research from $211.00 to $244.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 29th. Needham & Company LLC increased their target price on Lam Research from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Citigroup upped their target price on shares of Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Wall Street Zen cut Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, JPMorgan Chase & Co. boosted their price objective on Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $243.32.

Lam Research Price Performance

The firm has a 50-day moving average price of $192.85 and a 200-day moving average price of $149.41. The stock has a market cap of $288.48 billion, a P/E ratio of 47.34, a price-to-earnings-growth ratio of 2.27 and a beta of 1.78. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The company had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the prior year, the firm posted $0.91 EPS. Lam Research’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 forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research News Summary

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

• Positive Sentiment: Lam announced a strategic alliance with CEA‑Leti and an internal leadership shift aimed at accelerating AI‑equipment development — investors see this as direct exposure to faster AI capex cycles. Lam Research Targets AI Growth With CEA Leti Deal And Leadership Shift
• Positive Sentiment: Celebrity investor/TV host Jim Cramer publicly endorsed adding LRCX to portfolios, raising retail/institutional interest and trading flows. Lam Research (LRCX) Is the Future, Says Jim Cramer
• Positive Sentiment: Argus and other analysts lifted price targets (Argus to $280) and the sell‑side average implies roughly 30% upside — upgrades and higher targets support buying interest. Argus Increases Lam Research Price Target to $280.00
• Positive Sentiment: Lam declared a $0.26 quarterly dividend (0.5% yield) — modest cash return but signals board confidence in cash flow and capital allocation. Lam Research Corporation Declares Quarterly Dividend
• Neutral Sentiment: Zacks and other screens highlight LRCX as a momentum pick amid recent market weakness — this flags participation from quant/momentum funds but also exposes the stock to volatility in a tech selloff. 3 Momentum Anomaly Stocks to Buy as Tech Rout Spooks Markets
• Neutral Sentiment: Company announced a board addition and COO transition — governance/leadership updates that deserve monitoring but aren’t an immediate revenue driver. Lam Research Announces Board Addition and COO Transition
• Negative Sentiment: Shares had a sharp pullback earlier in the week (noted as “down 10% in two days”), reflecting broader tech/crypto volatility — that recent selling created a short-term risk that some traders are buying into. Down 10 In Two Days, Is Lam Research A Good Buy?

Insider Activity at Lam Research

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, the chief financial officer owned 987,237 shares in the company, valued at $148,677,892.20. This trade represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.31% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. PMV Capital Advisers LLC purchased a new position in Lam Research during the 4th quarter worth $25,000. IMG Wealth Management Inc. acquired a new stake in Lam Research during the 2nd quarter valued at approximately $26,000. Stance Capital LLC purchased a new position in Lam Research during the third quarter valued at approximately $26,000. Howard Hughes Medical Institute purchased a new position in Lam Research in the second quarter valued at $27,000. Finally, Triumph Capital Management acquired a new stake in Lam Research in the 3rd quarter valued at $27,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Company 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.