Robertson Stephens Wealth Management LLC Increases Position in Lam Research Corporation $LRCX

Robertson Stephens Wealth Management LLC boosted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 55.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,329 shares of the semiconductor company’s stock after purchasing an additional 6,897 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Lam Research were worth $3,314,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. PMV Capital Advisers LLC bought a new position in shares of Lam Research in the fourth quarter worth approximately $25,000. Stance Capital LLC bought a new position in shares of Lam Research in the third quarter worth approximately $26,000. Triumph Capital Management bought a new position in shares of Lam Research in the third quarter worth approximately $27,000. Harbor Investment Advisory LLC lifted its stake in shares of Lam Research by 73.9% in the fourth quarter. Harbor Investment Advisory LLC now owns 240 shares of the semiconductor company’s stock worth $41,000 after buying an additional 102 shares in the last quarter. Finally, WealthCollab LLC lifted its stake in shares of Lam Research by 29.3% in the fourth quarter. WealthCollab LLC now owns 243 shares of the semiconductor company’s stock worth $42,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were 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 of the company’s stock, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 136,896 shares of company stock worth $31,213,349 over the last quarter. Company insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

LRCX has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Citigroup reiterated a “buy” rating and issued a $315.00 target price (up from $300.00) on shares of Lam Research in a research note on Thursday, April 23rd. HSBC upped their target price on shares of Lam Research from $221.00 to $247.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. BNP Paribas Exane upped their target price on shares of Lam Research from $250.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Finally, Mizuho upped their target price on shares of Lam Research from $295.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Twenty-six investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus price target of $285.94.

Lam Research Stock Down 0.4%

Shares of Lam Research stock opened at $256.78 on Friday. The company has a market cap of $321.12 billion, a price-to-earnings ratio of 48.45, a price-to-earnings-growth ratio of 2.12 and a beta of 1.81. The company’s 50 day moving average is $236.37 and its 200 day moving average is $201.49. Lam Research Corporation has a twelve month low of $72.59 and a twelve month high of $275.84. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Research analysts anticipate that Lam Research Corporation will post 5.68 EPS for the current year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Lam Research’s dividend payout ratio is 19.62%.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Q3 results and follow-up analyst upgrades highlight continued AI-driven demand and beat Street expectations, supporting near-term revenue/earnings momentum. Analyst Upgrades PT on Lam Research After Q3 Earnings, What’s Next?
• Positive Sentiment: Erste Group raised FY2027 EPS estimates (from $7.02 to $7.74), indicating analysts are increasing medium‑term profit expectations despite a “Hold” rating. Erste Group raises FY2027 EPS
• Positive Sentiment: High-profile portfolio ownership: Lam is highlighted in billionaire Philippe Laffont’s portfolio and cited as a strong YTD performer (roughly +35% YTD), which can attract momentum buyers. Forget Nvidia: This AI Semiconductor Stock in Billionaire Philippe Laffont Portfolio Is Winning in 2026
• Positive Sentiment: Technical: LRCX recently cleared the 20-day simple moving average — a short‑term bullish signal that can draw technical traders. Lam Research Recently Broke Out Above the 20-Day Moving Average
• Neutral Sentiment: Analyst price-target moves are wide-ranging (moves spanning roughly $6 to $105), reflecting divergent views on wafer‑fab equipment demand and valuation — this raises volatility and mixed signals for investors. How The Lam Research (LRCX) Story Is Shifting With New Analyst Targets And Risks
• Neutral Sentiment: Retail and research attention has LRCX trending on stock‑search platforms; that can amplify swings but doesn’t change fundamentals by itself. Lam Research Corporation Is a Trending Stock

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.