Guinness Atkinson Asset Management Inc Has $7 Million Position in Lam Research Corporation $LRCX

Guinness Atkinson Asset Management Inc cut its stake in Lam Research Corporation (NASDAQ:LRCX) by 23.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,404 shares of the semiconductor company’s stock after selling 16,018 shares during the period. Lam Research comprises approximately 3.3% of Guinness Atkinson Asset Management Inc’s holdings, making the stock its 9th largest holding. Guinness Atkinson Asset Management Inc’s holdings in Lam Research were worth $7,001,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bond & Devick Financial Network Inc. acquired a new stake in shares of Lam Research during the third quarter worth approximately $269,000. Waterloo Capital L.P. grew its holdings in shares of Lam Research by 33.4% during the third quarter. Waterloo Capital L.P. now owns 5,230 shares of the semiconductor company’s stock worth $700,000 after purchasing an additional 1,308 shares during the last quarter. RMR Wealth Builders increased its stake in shares of Lam Research by 12.0% in the third quarter. RMR Wealth Builders now owns 4,120 shares of the semiconductor company’s stock valued at $552,000 after buying an additional 440 shares in the last quarter. Hobbs Wealth Management LLC bought a new position in shares of Lam Research in the third quarter valued at about $244,000. Finally, Portside Wealth Group LLC lifted its position in Lam Research by 13.9% during the 3rd quarter. Portside Wealth Group LLC now owns 5,080 shares of the semiconductor company’s stock worth $680,000 after buying an additional 621 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Activity

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the sale, the chief financial officer owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.31% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on LRCX shares. Citic Securities increased their price objective on Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Wells Fargo & Company upped their target price on shares of Lam Research from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. KeyCorp reiterated a “sector weight” rating on shares of Lam Research in a research report on Thursday, January 29th. Evercore ISI set a $275.00 price target on shares of Lam Research in a research note on Thursday, January 29th. Finally, The Goldman Sachs Group set a $262.00 price objective on shares of Lam Research and gave the company a “buy” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Lam Research presently has an average rating of “Moderate Buy” and an average target price of $243.32.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Board approves quarterly dividend of $0.26/share — adds a cash-return component that signals confidence in cash flow and can support the stock as income-focused investors re-evaluate the name. Lam Research Corporation Declares Quarterly Dividend
• Positive Sentiment: Analyst upgrades and big price-target hikes — Argus raised its target to $280 and several outlets report materially higher targets (one report shows target ~ $271), which lifts conviction among growth investors and likely triggered buying/rehypothecation by funds tracking analyst sentiment. Argus Increases Lam Research (NASDAQ:LRCX) Price Target to $280.00
• Positive Sentiment: Strategic tech alliance targets AI equipment edge — Lam’s collaboration with CEA‑Leti to pursue AI-focused equipment strengthens its exposure to the highest-growth end markets (AI datacenter chips), supporting longer-term revenue upside. Lam Research Leadership And CEA Leti Alliance Target AI Equipment Edge
• Positive Sentiment: High-profile buy guidance from media — Jim Cramer suggested layering into Lam, which can drive short-term retail and momentum flows into the stock. Jim Cramer on Lam Research: “Put a Quarter of the Position on It If You Want to Buy Lam Research, and Then Leg In”
• Neutral Sentiment: Board addition and COO transition announced — management changes can be positive if they improve execution, but investors will watch the transition closely for continuity and any signaling in guidance or capital allocation. Lam Research Announces Board Addition and COO Transition
• Neutral Sentiment: Analyst/market commentary highlights upside but notes recent volatility — coverage from Zacks and Forbes points to strong fundamentals and sizable modeled upside, while also noting a recent pullback that increases near-term volatility risk. Wall Street Analysts Believe Lam Research (LRCX) Could Rally 30.51%: Here’s is How to Trade

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $213.31 on Friday. The company has a fifty day moving average price of $192.85 and a 200 day moving average price of $149.41. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $251.87. The firm has a market cap of $266.38 billion, a PE ratio of 43.71, a PEG ratio of 2.27 and a beta of 1.78. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the prior year, the firm earned $0.91 earnings per share. Lam Research’s revenue for the quarter was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Research analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

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

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.