Geneva Partners LLC Invests $2.65 Million in Lam Research Corporation $LRCX

Geneva Partners LLC acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 12,398 shares of the semiconductor company’s stock, valued at approximately $2,649,000. Lam Research accounts for about 1.3% of Geneva Partners LLC’s investment portfolio, making the stock its 27th largest position.

Other large investors also recently modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new stake in Lam Research in the 4th quarter valued at $10,035,000. Generali Investments Management Co LLC grew its position in shares of Lam Research by 62.0% during the fourth quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock valued at $6,209,000 after purchasing an additional 13,878 shares in the last quarter. Krilogy Financial LLC grew its position in shares of Lam Research by 19.5% during the first quarter. Krilogy Financial LLC now owns 28,111 shares of the semiconductor company’s stock valued at $6,006,000 after purchasing an additional 4,584 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Lam Research in the first quarter worth about $26,489,000. Finally, Whalen Wealth Management Inc. purchased a new position in Lam Research during the 4th quarter valued at approximately $1,423,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on LRCX. Mizuho set a $380.00 target price on Lam Research and gave the company an “outperform” rating in a research report on Wednesday, May 27th. Bank of America upped their price target on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Weiss Ratings lowered shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. TD Cowen lifted their price objective on shares of Lam Research from $290.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, Seaport Research Partners initiated coverage on shares of Lam Research in a report on Monday, May 4th. They issued a “buy” rating and a $300.00 target price on the stock. Twenty-eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $347.75.

Lam Research Stock Down 6.9%

Shares of NASDAQ:LRCX opened at $326.13 on Wednesday. The firm has a market capitalization of $407.85 billion, a PE ratio of 61.53, a price-to-earnings-growth ratio of 2.09 and a beta of 1.80. The business has a 50 day simple moving average of $329.35 and a two-hundred day simple moving average of $260.54. Lam Research Corporation has a 1 year low of $90.93 and a 1 year high of $438.50. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77.

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

Lam Research Announces Dividend

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

Insiders Place Their Bets

In related news, insider Ava Harter sold 6,010 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the transaction, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 on 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 in the company, valued at $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 86,339 shares of company stock worth $27,680,267 in the last three months. Corporate insiders own 0.31% of the company’s stock.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Lam Research continues to receive strong Wall Street support, including recent price-target increases from Morgan Stanley, Susquehanna, Goldman Sachs, Cantor Fitzgerald, and others, reflecting confidence in AI infrastructure and wafer-fab equipment demand. Susquehanna Lifts PT on Lam Research (LRCX) – Here’s Why
• Positive Sentiment: The company was recently added to the Russell Top 50, which can boost institutional visibility and trading interest over time. Lam Research (LRCX) Joins Russell Top 50 On An AI Narrative That Looks Fully Valued
• Positive Sentiment: Recent commentary also kept Lam on “top stock for the long term” lists, reinforcing the bullish earnings and growth narrative. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Neutral Sentiment: Analysts and commentary continue to point to a strong AI and chip-capex backdrop, but those positives are being offset in the near term by sector rotation and profit-taking after a strong run-up. Analysts Just Raised Price Targets On These 3 Semiconductor Equipment Stocks (LRCX)
• Negative Sentiment: The latest drop appears tied to a broad semiconductor-equipment selloff, with investors reassessing AI infrastructure demand and trimming exposure to richly valued chip winners. Why Lam Research (LRCX) Stock Is Down Today
• Negative Sentiment: Insider trading remains skewed toward sales, which may add to investor caution even if it is not the main driver of today’s move. Why Lam Research (LRCX) Stock Is Down Today

Lam Research 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.