Cerity Partners LLC Has $91.57 Million Position in Lam Research Corporation $LRCX

Cerity Partners LLC raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 3.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 534,938 shares of the semiconductor company’s stock after purchasing an additional 17,412 shares during the quarter. Cerity Partners LLC’s holdings in Lam Research were worth $91,571,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Fideuram Asset Management Ireland dac acquired a new position in shares of Lam Research in the 4th quarter valued at approximately $10,035,000. Generali Investments Management Co LLC lifted its stake in Lam Research by 62.0% in the 4th quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock valued at $6,209,000 after acquiring an additional 13,878 shares in the last quarter. Thoroughbred Financial Services LLC lifted its stake in Lam Research by 115.2% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after acquiring an additional 11,883 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Lam Research by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock worth $17,537,447,000 after purchasing an additional 364,949 shares in the last quarter. Finally, Hillsdale Investment Management Inc. bought a new stake in shares of Lam Research during the 3rd quarter worth approximately $1,229,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Lam Research

In other news, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. This trade represents a 21.55% decrease in their ownership of the stock. 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 31,839 shares of company stock valued at $8,561,667 over the last 90 days. 0.31% of the stock is owned by corporate insiders.

Lam Research Price Performance

Shares of LRCX stock opened at $327.16 on Wednesday. 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 Corporation has a twelve month low of $87.75 and a twelve month high of $349.09. The company has a market cap of $409.14 billion, a P/E ratio of 61.73, a P/E/G ratio of 2.69 and a beta of 1.85. The business has a fifty day simple moving average of $277.79 and a 200 day simple moving average of $229.81.

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

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio (DPR) is 19.62%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LRCX. Seaport Research Partners began coverage on Lam Research in a report on Monday, May 4th. They set a “buy” rating and a $300.00 target price on the stock. JPMorgan Chase & Co. upped their price objective on Lam Research from $300.00 to $315.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Barclays set a $275.00 target price on Lam Research and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Mizuho set a $380.00 target price on Lam Research and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Twenty-seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus target price of $306.52.

Key Lam Research News

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

• Positive Sentiment: UBS lifted its price target on Lam Research to $375 from $310, signaling higher confidence in the company’s outlook and helping drive buying interest. Why Lam Research (LRCX) Stock Is Trading Up Today
• Positive Sentiment: Lam Research said it has raised its 2026 WFE forecast, which points to stronger expected spending in semiconductor manufacturing equipment. Lam Research (LRCX) Raises WFE Forecast at BofA Global Technology Conference
• Neutral Sentiment: Multiple articles highlighted Lam Research as a strategic AI and growth-market investment, but these pieces were more thematic than directly tied to a near-term operating update. Lam Research (LRCX): A Strategic Investment in the Transformative Industry
• Neutral Sentiment: Broad semiconductor-market commentary noted the sector’s recent reversal and a possible correction, which could create volatility for LRCX even if the long-term demand case remains intact. Semiconductor shorts pile on as winning trade reverses
• Negative Sentiment: Some commentary suggested the stock may still look overvalued despite real AI-related tailwinds, which could temper upside if investors focus on valuation. Lam Research: AI Tailwinds Are Real, But The Stock Still Looks Overvalued

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.