Lam Research Corporation $LRCX is Stiles Financial Services Inc’s 5th Largest Position

Stiles Financial Services Inc decreased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 3.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 51,533 shares of the semiconductor company’s stock after selling 1,962 shares during the period. Lam Research makes up about 2.7% of Stiles Financial Services Inc’s holdings, making the stock its 5th biggest holding. Stiles Financial Services Inc’s holdings in Lam Research were worth $8,821,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in LRCX. PMV Capital Advisers LLC purchased a new stake in shares of Lam Research in the 4th quarter valued at $25,000. Stance Capital LLC purchased a new stake in shares of Lam Research in the 3rd quarter valued at $26,000. Triumph Capital Management purchased a new stake in shares of Lam Research in the 3rd quarter valued at $27,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Lam Research in the 2nd quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Lam Research in the 3rd quarter valued at $40,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Key Stories Impacting Lam Research

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

• Positive Sentiment: B. Riley raised its price target on Lam Research to $350 from $330 and kept a Buy rating, citing strong earnings and solid execution. Why Analysts Are Growing More Confident In Lam Research (LRCX)
• Positive Sentiment: Erste Group Bank lifted FY2027 EPS estimates for Lam Research to $7.88 from $7.74, suggesting analysts see better long-term earnings power. Lam Research stock page
• Positive Sentiment: Recent coverage highlights Lam Research as an AI-fab beneficiary with orders beating expectations, supporting the case for further upside after a sharp rally. Lam Research (LRCX) Is Up 19.5% After AI-Fab Orders Beat Expectations Has The Bull Case Changed?
• Neutral Sentiment: Some commentary notes the stock has already surged dramatically over the past year, which may raise overbought concerns even as Wall Street remains constructive. Lam Research Has Surged 300% in a Year. Wall Street Sees More Gains Still Ahead
• Neutral Sentiment: Investor articles argue the rally may still have room to run, but that view is speculative rather than a direct fundamental update. Why Lam Research Still Looks Like a Buy After a 300% Rally

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley upped their price objective on shares of Lam Research from $260.00 to $293.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Bank of America upped their price objective on shares of Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $320.00 price objective on shares of Lam Research in a research note on Thursday, April 23rd. Jefferies Financial Group upped their price objective on shares of Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, Evercore upped their price target on shares of Lam Research from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Twenty-six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $285.94.

Lam Research Stock Up 2.6%

Shares of NASDAQ LRCX opened at $294.05 on Friday. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a 12 month low of $74.65 and a 12 month high of $297.99. The firm has a market capitalization of $367.73 billion, a PE ratio of 55.48, a price-to-earnings-growth ratio of 2.37 and a beta of 1.81. The firm has a fifty day simple moving average of $238.93 and a two-hundred day simple moving average of $204.97.

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

Insiders Place Their Bets

In other news, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction dated 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 sale, the senior vice president directly owned 66,129 shares of the company’s stock, valued at $16,872,153.06. This represents a 21.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Company 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.