4,622 Lam Research Corporation $LRCX Shares Purchased by Wedmont Private Capital

Wedmont Private Capital grew its holdings in Lam Research Corporation (NASDAQ:LRCX) by 26.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,354 shares of the semiconductor company’s stock after purchasing an additional 4,622 shares during the quarter. Wedmont Private Capital’s holdings in Lam Research were worth $7,167,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. State Street Corp raised its holdings in shares of Lam Research by 2.6% in the second quarter. State Street Corp now owns 60,704,130 shares of the semiconductor company’s stock valued at $26,320,468,000 after buying an additional 1,545,830 shares during the last quarter. Bank of America Corp DE grew its holdings in Lam Research by 5.5% during the 2nd quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock worth $4,872,426,000 after acquiring an additional 584,489 shares during the last quarter. Van ECK Associates Corp increased its position in Lam Research by 411.8% in the 2nd quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company’s stock valued at $4,805,368,000 after acquiring an additional 8,922,854 shares in the last quarter. Invesco Ltd. increased its position in Lam Research by 7.7% in the 4th quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock valued at $3,906,559,000 after acquiring an additional 1,638,406 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Lam Research in the second quarter worth about $3,777,585,000. Institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: Lam Research is highlighted as a long-term investment candidate because it supplies essential semiconductor-manufacturing equipment and is positioned to benefit from sustained spending on artificial intelligence, advanced chips and wafer-fabrication capacity. Why Lam Research Is a Top Stock for the Long-Term
• Positive Sentiment: Recent commentary points to strong historical shareholder returns and argues that investors who remained invested through several severe drawdowns were rewarded over time. This supports the long-term thesis, though it also underscores LRCX’s high volatility. Lam Research Historical Returns and Volatility
• Positive Sentiment: Lam Research is included among chip stocks with dependable earnings and durable growth potential as AI-related semiconductor demand expands. Its latest reported quarter also exceeded analyst expectations for revenue and earnings, providing fundamental support. Top Chip Stocks to Ride the AI Boom
• Neutral Sentiment: LRCX has attracted unusually high investor attention and is described as an AI-related stock with strong returns and profitability. These articles are mainly educational and do not introduce a new earnings estimate, contract or corporate announcement. Lam Research Trending Stock Analysis
• Negative Sentiment: Lam Research recently underperformed the broader market, with coverage noting a decline of roughly 2.7% in the latest session. The move appears consistent with short-term market pressure and profit-taking rather than a deterioration in reported fundamentals. Lam Research Falls More Than the General Market
• Negative Sentiment: After a substantial year-to-date advance, LRCX remains vulnerable to volatility and valuation-related selling. Its elevated valuation means investors may demand continued strong growth to support the share price.

Lam Research Trading Up 0.0%

Shares of NASDAQ:LRCX traded up $0.03 during midday trading on Friday, hitting $320.62. The company had a trading volume of 2,197,557 shares, compared to its average volume of 10,682,855. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a 12 month low of $131.02 and a 12 month high of $438.50. The firm has a fifty day simple moving average of $310.47 and a 200 day simple moving average of $305.77. The stock has a market cap of $401.24 billion, a price-to-earnings ratio of 55.64, a PEG ratio of 1.31 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The business had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter in the prior year, the company posted $1.33 earnings per share. The firm’s revenue was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, analysts predict that Lam Research Corporation will post 9.34 EPS for the current year.

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 annualized dividend and a yield of 0.4%. The ex-dividend date is Wednesday, September 23rd. Lam Research’s dividend payout ratio is presently 22.92%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Barclays reiterated an “overweight” rating and set a $335.00 target price (up from $275.00) on shares of Lam Research in a research report on Thursday, June 11th. Rothschild & Co Redburn raised their price target on shares of Lam Research from $305.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, June 17th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $350.00 price objective (down from $450.00) on shares of Lam Research in a report on Thursday, July 30th. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Finally, Berenberg Bank set a $420.00 target price on Lam Research in a research report on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $364.59.

Insider Activity

In related news, Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the transaction, the director owned 20,995 shares of the company’s stock, valued at approximately $6,607,966.30. This trade represents a 31.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of Lam Research stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the sale, the director directly owned 87,142 shares in the company, valued at approximately $29,192,570. This represents a 17.34% 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. Insiders have sold 32,839 shares of company stock worth $10,644,740 in the last 90 days. Corporate insiders own 0.31% of the company’s stock.

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.