Lam Research Corporation $LRCX Position Increased by New York State Teachers Retirement System

New York State Teachers Retirement System lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 2.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,067,446 shares of the semiconductor company’s stock after buying an additional 22,631 shares during the quarter. New York State Teachers Retirement System’s holdings in Lam Research were worth $142,931,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in LRCX. Hemington Wealth Management grew its position in Lam Research by 4.3% during the 3rd quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock worth $231,000 after purchasing an additional 72 shares in the last quarter. Natural Investments LLC lifted its holdings in shares of Lam Research by 2.4% in the third quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company’s stock valued at $456,000 after purchasing an additional 79 shares in the last quarter. Relyea Zuckerberg Hanson LLC boosted its position in shares of Lam Research by 2.2% in the third quarter. Relyea Zuckerberg Hanson LLC now owns 3,675 shares of the semiconductor company’s stock worth $492,000 after buying an additional 80 shares during the period. Ignite Planners LLC grew its holdings in shares of Lam Research by 1.9% during the third quarter. Ignite Planners LLC now owns 5,269 shares of the semiconductor company’s stock valued at $706,000 after buying an additional 100 shares in the last quarter. Finally, Toth Financial Advisory Corp raised its position in Lam Research by 10.0% during the third quarter. Toth Financial Advisory Corp now owns 1,100 shares of the semiconductor company’s stock valued at $147,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Trading Up 8.7%

Shares of LRCX opened at $218.36 on Friday. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The stock has a market cap of $274.27 billion, a PE ratio of 48.10, a PEG ratio of 2.52 and a beta of 1.77. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $219.59. The stock has a 50 day simple moving average of $165.99 and a 200-day simple moving average of $133.06.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the prior year, the business posted $0.86 earnings per share. The business’s revenue was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, sell-side analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were issued a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s dividend payout ratio is presently 22.91%.

Insider Activity

In other news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the sale, the senior vice president owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the transaction, the director owned 1,652 shares of the company’s stock, valued at $264,303.48. This trade represents a 44.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 102,608 shares of company stock worth $14,916,496. Company insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on LRCX shares. JPMorgan Chase & Co. raised their price target on shares of Lam Research from $113.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Mizuho set a $220.00 price objective on Lam Research and gave the company an “outperform” rating in a report on Friday. Hsbc Global Res raised shares of Lam Research to a “hold” rating in a research report on Tuesday, September 30th. Weiss Ratings restated a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. Finally, Wall Street Zen cut Lam Research from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Twenty-six analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus price target of $164.37.

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.