Lam Research Corporation $LRCX Stock: Western Financial Corp CA Lowers Stake

Western Financial Corp CA cut its stake in Lam Research Corporation (NASDAQ:LRCX) by 59.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 8,414 shares of the semiconductor company’s stock after selling 12,396 shares during the period. Lam Research accounts for 0.9% of Western Financial Corp CA’s holdings, making the stock its 26th biggest holding. Western Financial Corp CA’s holdings in Lam Research were worth $2,764,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in the stock. Paladin Partners LLC acquired a new stake in shares of Lam Research in the 2nd quarter worth about $26,000. Dakota Community Bank & Trust NA bought a new stake in Lam Research in the 3rd quarter valued at about $33,000. Quintet Private Bank Europe S.A. boosted its stake in Lam Research by 100.0% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 100 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 50 shares during the period. Bravera Wealth acquired a new position in Lam Research during the 2nd quarter valued at about $46,000. Finally, Cedar Mountain Advisors LLC boosted its stake in Lam Research by 242.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 85 shares during the period. 84.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Bethany Mayer sold 9,557 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the sale, the director owned 20,995 shares of the company’s stock, valued at $6,607,966.30. The trade was a 31.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ava Harter sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. The trade was a 10.53% decrease in their position. 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. 0.31% of the stock is owned by company insiders.

Lam Research Price Performance

LRCX traded down $14.19 on Wednesday, reaching $286.92. The company had a trading volume of 10,326,069 shares, compared to its average volume of 10,659,057. The company has a fifty day moving average of $310.54 and a 200-day moving average of $307.88. The company has a market capitalization of $359.06 billion, a P/E ratio of 49.81, a PEG ratio of 1.23 and a beta of 1.85. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a one year low of $135.50 and a one year high of $438.50.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The firm had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same quarter last year, the company earned $1.33 EPS. Lam Research’s quarterly revenue was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, equities research analysts anticipate that Lam Research Corporation will post 9.34 earnings per share for the current year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be paid a dividend of $0.33 per share. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is 22.92%.

Lam Research News Summary

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

• Positive Sentiment: Wall Street’s consensus price target implies approximately 25.6% upside. Zacks noted that rising earnings-estimate revisions may be more meaningful than the target itself, offering a potentially constructive near-term signal. Wall Street Analysts See a 25.6% Upside in Lam Research
• Positive Sentiment: Erste Group Bank raised its FY2027 EPS forecast to $9.40 from $9.34 and its FY2028 estimate to $11.99 from $11.68, indicating improving expectations for Lam Research’s longer-term earnings power. MarketBeat Lam Research analyst estimates
• Positive Sentiment: Lam Research is approaching its next quarterly earnings report, with the company previously guiding to strong results. Investors may look for confirmation that AI-related demand and wafer-fabrication spending remain healthy. Lam Research Set to Post Earnings
• Positive Sentiment: DBS Bank raised its price target to $416. In addition, institutional activity was broadly supportive in the latest reported quarter, with major investors including JPMorgan, Invesco and T. Rowe Price adding shares. DBS Bank lifts target to $416
• Neutral Sentiment: Recent commentary describes Lam Research as having a strong FY2027 setup ahead of earnings, but the stock’s elevated valuation means results and forward guidance will likely determine whether the shares recover. Lam Research Strong FY2027 Setup
• Negative Sentiment: Lam Research has fallen for seven consecutive sessions as semiconductor-equipment shares retreat after a powerful AI-driven rally. Investors appear to be taking profits and reassessing valuations ahead of key industry earnings reports. Semiconductor Equipment Stocks Slide
• Negative Sentiment: Insider-trading data shows 55 reported open-market sales and no purchases over the past six months, including sales by senior executives. While such transactions may reflect diversification, the one-sided pattern can weigh on sentiment.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Jefferies Financial Group set a $335.00 target price on shares of Lam Research and gave the stock a “buy” rating in a research report on Thursday, July 30th. Bank of America lifted their price target on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Fundamental Research set a $390.00 price target on Lam Research in a report on Thursday, October 1st. UBS Group reduced their price objective on Lam Research from $435.00 to $425.00 and set a “buy” rating for the company in a research report on Tuesday, September 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price objective on shares of Lam Research in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and a consensus price target of $364.59.

Lam Research Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.