Lam Research Corporation $LRCX Holdings Trimmed by Community Bank N.A.

Community Bank N.A. reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.9% during the second quarter, Holdings Channel.com reports. The fund owned 25,457 shares of the semiconductor company’s stock after selling 1,879 shares during the quarter. Lam Research accounts for approximately 1.2% of Community Bank N.A.’s investment portfolio, making the stock its 22nd largest position. Community Bank N.A.’s holdings in Lam Research were worth $11,031,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC grew its position in Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Lam Research during the 1st quarter valued at $239,000. Gabelli Funds LLC bought a new stake in shares of Lam Research during the 2nd quarter worth $253,000. NewEdge Advisors LLC boosted its stake in shares of Lam Research by 2.7% during the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after acquiring an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. grew its holdings in shares of Lam Research by 5,206.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after acquiring an additional 781 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LRCX has been the topic of a number of recent analyst reports. Evercore reaffirmed an “outperform” rating and set a $355.00 target price on shares of Lam Research in a research report on Monday, July 20th. Stifel Nicolaus lifted their price target on Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Bank of America upped their price objective on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Finally, Weiss Ratings downgraded shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $358.97.

Lam Research Stock Performance

LRCX stock opened at $320.42 on Wednesday. The firm has a 50 day simple moving average of $317.01 and a 200 day simple moving average of $292.86. Lam Research Corporation has a 52 week low of $104.46 and a 52 week high of $438.50. The stock has a market cap of $400.95 billion, a P/E ratio of 55.63, a P/E/G ratio of 1.22 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The firm had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. During the same quarter in the prior year, the business earned $1.33 EPS. The company’s revenue for the quarter was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Research analysts anticipate that Lam Research Corporation will post 9.33 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. The ex-dividend date is Wednesday, September 23rd. This represents a $1.32 annualized dividend and a dividend yield of 0.4%. This is an increase from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s dividend payout ratio is presently 18.06%.

Insider Transactions at Lam Research

In related news, Director Abhijit Y. Talwalkar sold 18,282 shares of Lam Research stock in a transaction on Monday, July 13th. The stock was sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the completion of the sale, the director owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. This trade represents a 17.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the transaction, the director owned 199,205 shares in the company, valued at $69,881,114. This trade represents a 21.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 77,782 shares of company stock valued at $26,755,370. 0.31% of the stock is owned by insiders.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: AI-related semiconductor investment, high-bandwidth memory production and advanced DRAM spending are supporting demand for Lam Research’s wafer-fabrication equipment. Higher earnings estimates and potential updates from upcoming management presentations are adding to the bullish outlook. Why Is Lam Research Corp LRCX Stock Suddenly Gaining Momentum?
• Positive Sentiment: Lam Research’s latest quarterly results exceeded expectations, with earnings per share of $1.82 versus a $1.69 consensus estimate and revenue of $6.72 billion versus $6.66 billion expected. Revenue increased 30% year over year, while company guidance calls for fiscal first-quarter 2027 EPS of $2.00 to $2.30.
• Positive Sentiment: Analysts and financial commentators remain constructive, citing record revenue, margin expansion, strong AI-chip demand and favorable long-term earnings prospects. The stock has substantially outperformed broader computer-and-technology benchmarks, and brokerages collectively maintain a “Moderate Buy” rating. Lam Research Receives Consensus Rating of Moderate Buy
• Neutral Sentiment: Recent technical readings are mixed: Williams %R indicates buying interest, while MACD and RSI remain neutral. Upcoming management presentations could provide more information on customer spending and clarify whether the current momentum is sustainable.
• Neutral Sentiment: A report about Lam Research backing a structured MRI study appears unrelated to the semiconductor company’s core operations and is unlikely to be a meaningful stock catalyst. Lam Research Backs Structured MRI Study
• Negative Sentiment: Despite the favorable outlook, LRCX has nearly tripled over the past year and trades at an elevated earnings multiple. That performance increases the risk of profit-taking or a pullback if AI-related spending slows, estimates disappoint or management offers cautious guidance.

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.