Lam Research Corporation $LRCX Stock Position Decreased by Van ECK Associates Corp

Van ECK Associates Corp cut its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 40.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,719,592 shares of the semiconductor company’s stock after selling 1,851,948 shares during the quarter. Van ECK Associates Corp owned 0.22% of Lam Research worth $465,540,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of LRCX. Brighton Jones LLC boosted its stake in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of Lam Research in the first quarter worth $239,000. Gabelli Funds LLC acquired a new stake in shares of Lam Research in the second quarter worth $253,000. NewEdge Advisors LLC boosted its position in shares of Lam Research by 2.7% in the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after buying an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. boosted its position in shares of Lam Research by 5,206.7% in the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after buying an additional 781 shares during the period. 84.61% of the stock is owned by institutional investors.

Trending Headlines about Lam Research

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Analysts Set New Price Targets

Several brokerages have recently commented on LRCX. Deutsche Bank Aktiengesellschaft raised their target price on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Weiss Ratings cut Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. B. Riley Financial lifted their price objective on Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group reissued a “buy” rating and set a $290.00 price objective on shares of Lam Research in a research report on Thursday, April 23rd. Finally, Evercore lifted their price objective on Lam Research from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Twenty-eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $322.01.

Insider Activity at Lam Research

In related news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. The trade was a 21.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 31,839 shares of company stock worth $8,561,667 over the last three months. 0.31% of the stock is owned by company insiders.

Lam Research Trading Up 1.2%

Lam Research stock opened at $366.81 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The business’s 50-day simple moving average is $286.10 and its 200-day simple moving average is $233.58. The firm has a market capitalization of $458.72 billion, a PE ratio of 69.21, a PEG ratio of 3.00 and a beta of 1.85. Lam Research Corporation has a 52 week low of $87.75 and a 52 week high of $373.82.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The business had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities research analysts forecast that Lam Research Corporation will post 5.67 earnings per share for the current year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s payout ratio is presently 19.62%.

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.