Portus Wealth Advisors LLC Invests $1.66 Million in Lam Research Corporation $LRCX

Portus Wealth Advisors LLC purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) in the third quarter, Holdings Channel.com reports. The fund purchased 12,383 shares of the semiconductor company’s stock, valued at approximately $1,658,000. Lam Research accounts for approximately 1.7% of Portus Wealth Advisors LLC’s portfolio, making the stock its 18th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Lingohr Asset Management GmbH grew its holdings in shares of Lam Research by 590.7% in the 3rd quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after acquiring an additional 50,933 shares during the period. Mediolanum International Funds Ltd increased its stake in Lam Research by 52.0% in the 3rd quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock valued at $34,417,000 after purchasing an additional 89,856 shares in the last quarter. First Citizens Bank & Trust Co. raised its holdings in Lam Research by 8.0% during the third quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock worth $18,804,000 after purchasing an additional 10,408 shares during the last quarter. Thoroughbred Financial Services LLC boosted its position in Lam Research by 115.2% during the third quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock worth $2,972,000 after purchasing an additional 11,883 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in Lam Research by 30.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock valued at $19,369,000 after purchasing an additional 34,147 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Stock Up 3.2%

LRCX opened at $226.47 on Wednesday. The firm has a market cap of $282.81 billion, a P/E ratio of 46.41, a PEG ratio of 2.36 and a beta of 1.77. The business’s fifty day simple moving average is $225.63 and its 200 day simple moving average is $175.37. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $256.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

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

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s dividend payout ratio is presently 21.31%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on LRCX. Cantor Fitzgerald restated an “overweight” rating and issued a $320.00 price target (up from $265.00) on shares of Lam Research in a research report on Thursday, January 29th. Sanford C. Bernstein boosted their price objective on shares of Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Bank of America increased their price objective on shares of Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Weiss Ratings restated a “buy (b)” rating on shares of Lam Research in a report on Monday, December 29th. Finally, Wells Fargo & Company lifted their target price on shares of Lam Research from $250.00 to $290.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Lam Research News Roundup

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

• Positive Sentiment: Industry tailwinds from AI and memory are being highlighted as a near-term bottleneck that benefits wafer‑fabrication equipment suppliers like Lam, supporting stronger order outlooks for 2026. AI’s Next Bottleneck Is Driving These Stocks Higher
• Positive Sentiment: Brokerage consensus remains constructive: LRCX has a “Moderate Buy” consensus from brokerages, reinforcing buy-side confidence and underpinning demand for the shares. Lam Research Corporation (NASDAQ:LRCX) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Analysts and market writeups point to rising DRAM memory spending trends as supportive for Lam’s equipment sales; Morgan Stanley recently nudged its price target higher to $254 (from $244), citing upside from memory/AI capex even while keeping an Equal Weight rating. What Does DRAM Memory Spending Trend Mean for Lam Research (LRCX)
• Positive Sentiment: Investor letters and fund commentary (e.g., Artisan Partners) note a strong demand uptick for Lam, underscoring institutional recognition of improved end‑market dynamics tied to AI and memory. Lam Research (LCRX) Gained From Strong Demand Uptick
• Neutral Sentiment: Market commentary and investor pieces reiterate a bullish thesis on LRCX based on secular AI/memory tailwinds and Lam’s strong margins and prior earnings beat, but note relatively elevated valuation metrics (forward P/E) that could temper near-term upside. Is Lam Research Corporation (LRCX) A Good Stock To Buy Now?

Insider Activity at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ava Harter sold 4,000 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $232.50, for a total value of $930,000.00. Following the completion of the transaction, the insider owned 54,705 shares of the company’s stock, valued at $12,718,912.50. This trade represents a 6.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 130,886 shares of company stock valued at $29,658,802. Company insiders own 0.31% of the company’s 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.