Roberts Capital Advisors LLC Lowers Position in Lam Research Corporation $LRCX

Roberts Capital Advisors LLC lowered its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 50.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,115 shares of the semiconductor company’s stock after selling 7,115 shares during the period. Lam Research makes up approximately 1.1% of Roberts Capital Advisors LLC’s portfolio, making the stock its 26th biggest holding. Roberts Capital Advisors LLC’s holdings in Lam Research were worth $953,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in LRCX. Norges Bank acquired a new stake in shares of Lam Research during the 2nd quarter worth $1,894,585,000. JPMorgan Chase & Co. grew its position in Lam Research by 14.4% during the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after acquiring an additional 5,102,589 shares during the period. Artisan Partners Limited Partnership increased its stake in Lam Research by 35.4% during the second 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 during the last quarter. Sei Investments Co. increased its stake in Lam Research by 103.5% during the second quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock worth $296,833,000 after acquiring an additional 1,550,842 shares during the last quarter. Finally, Voya Investment Management LLC raised its holdings in shares of Lam Research by 48.9% in the 3rd quarter. Voya Investment Management LLC now owns 4,445,681 shares of the semiconductor company’s stock worth $594,620,000 after purchasing an additional 1,460,622 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the transaction, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Eric Brandt sold 35,000 shares of the firm’s 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 sale, the director owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 130,886 shares of company stock worth $29,658,802 over the last ninety days. Corporate insiders own 0.31% of the company’s stock.

Lam Research Stock Up 1.7%

Shares of NASDAQ:LRCX opened at $218.87 on Thursday. The company has a market capitalization of $273.32 billion, a price-to-earnings ratio of 44.85, a price-to-earnings-growth ratio of 2.32 and a beta of 1.77. The company has a 50 day moving average of $223.44 and a two-hundred day moving average of $171.66. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $256.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 30.22% and a return on equity of 62.81%. The business’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s dividend payout ratio is presently 21.31%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Citigroup boosted their target price on Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Rothschild & Co Redburn lifted their price target on shares of Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Evercore set a $275.00 price objective on shares of Lam Research in a research note on Thursday, January 29th. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Finally, Wells Fargo & Company raised 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. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.35.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Long‑term collaboration with IBM to advance sub‑1nm logic scaling — strengthens Lam’s position on next‑generation logic and EUV-related process work, expanding addressable content per wafer fab cycle. IBM and Lam Research Announce Collaboration to Advance Sub‑1nm Logic Scaling
• Positive Sentiment: S&P 100 inclusion, recent strong results and supportive market notes should boost demand — index addition and re‑rating flows plus solid Jan quarter results and guidance increase passive and active buying pressure. Lam Research jumps amid semiconductor-equipment rebound and S&P 100 addition
• Positive Sentiment: Industry capex outlook remains strong — banks raised chip‑gear spending estimates and analyst notes point to sustained WFE upside, supporting equipment vendors like Lam. Chip Gear Spending Shows No Signs Of Slowing
• Positive Sentiment: Short interest in LRCX fell meaningfully in February (≈20.7% decline), reducing immediate short‑squeeze risk and removing some downward pressure on the shares.
• Positive Sentiment: Analyst support and higher price targets remain widespread (median targets above current levels; Barclays nudged its PT higher), providing additional directional support. Barclays raises LRCX price target
• Neutral Sentiment: Independent equity research continues to highlight a favorable WFE cycle and Lam’s potential for share gains — useful context for medium‑term investors but not an immediate catalyst. Lam Research: The Setup Keeps Getting Stronger
• Negative Sentiment: Hazeltree reports hedge funds ramping short bets amid geopolitical and private‑credit concerns — broader market volatility and flow shifts could pressure cyclicals like Lam in risk‑off episodes. Hazeltree Finds Hedge Funds Ramp Up Short Bets
• Negative Sentiment: Notable insider selling activity reported across senior executives over the past six months — raises a governance/optics flag for some investors and can weigh on sentiment. Quiver Quant on LRCX insider activity

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.