Norden Group LLC Raises Stock Holdings in Lam Research Corporation $LRCX

Norden Group LLC increased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 297.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 62,760 shares of the semiconductor company’s stock after buying an additional 46,952 shares during the quarter. Lam Research comprises about 1.1% of Norden Group LLC’s portfolio, making the stock its 13th largest holding. Norden Group LLC’s holdings in Lam Research were worth $10,743,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. PMV Capital Advisers LLC purchased a new stake in Lam Research in the fourth quarter worth $25,000. Stance Capital LLC purchased a new stake in shares of Lam Research during the third quarter valued at $26,000. Howard Hughes Medical Institute purchased a new stake in shares of Lam Research during the second quarter valued at $27,000. Triumph Capital Management bought a new position in shares of Lam Research in the third quarter worth about $27,000. Finally, Strategic Wealth Investment Group LLC bought a new position in shares of Lam Research in the second quarter worth about $29,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LRCX. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $290.00 target price (up from $260.00) on shares of Lam Research in a research note on Thursday, January 29th. Rothschild & Co Redburn raised their target price on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. HSBC lifted their price target on shares of Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Finally, Bank of America increased their price objective on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.35.

Lam Research News Summary

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

• Positive Sentiment: Erste Group slightly raised its FY2027 EPS estimate for Lam (from $7.00 to $7.02), signaling continued analyst confidence in Lam’s longer‑term profitability. Read More.
• Positive Sentiment: Bullish research pieces argue Lam is positioned for continued growth due to rising chip process complexity and AI-driven capital expenditures — supportive for medium/long-term revenue and margins. Read More.
• Positive Sentiment: Investment letters and coverage (e.g., Renaissance in a large‑cap growth strategy) highlight Lam’s exposure to growing chip complexity, a structural tailwind for deposition/etch equipment. Read More.
• Positive Sentiment: Technical/flow-driven buying signals have supported the stock recently (not fundamental-driven), which can amplify short-term rallies. Read More.
• Neutral Sentiment: Industry note: Applied Materials stands to benefit from rising HBM and advanced packaging demand — an industry tailwind that should also help Lam over time, though AMAT‑specific coverage may not translate directly into immediate upside for LRCX. Read More.
• Neutral Sentiment: Valuation write‑ups ask whether recent multi‑year gains already price in Lam’s growth; useful for timing entries but not a near‑term catalyst. Read More.
• Negative Sentiment: Immediate negative: investors sold LRCX after news that Google’s TurboQuant can significantly reduce memory requirements for AI models. That development raises short‑term uncertainty around demand for HBM and packaging — key end markets for advanced wafer‑fab equipment. This appears to be the primary driver of today’s pullback. Read More.

Insider Buying and Selling at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the transaction, the director directly owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. The trade was a 12.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 130,886 shares of company stock valued at $29,658,802. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Trading Down 9.4%

NASDAQ LRCX opened at $211.62 on Friday. Lam Research Corporation has a one year low of $56.32 and a one year high of $256.68. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The company has a market capitalization of $264.26 billion, a price-to-earnings ratio of 43.36, a price-to-earnings-growth ratio of 2.51 and a beta of 1.77. The company’s 50-day simple moving average is $228.05 and its two-hundred day simple moving average is $180.61.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results 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 net margin of 30.22% and a return on equity of 62.81%. The firm had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same quarter in the prior year, the company earned $0.91 EPS. The company’s revenue 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. Equities analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

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

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.