Captrust Financial Advisors Cuts Stock Holdings in Lam Research Corporation $LRCX

Captrust Financial Advisors cut its stake in Lam Research Corporation (NASDAQ:LRCX) by 19.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 998,116 shares of the semiconductor company’s stock after selling 245,788 shares during the period. Captrust Financial Advisors’ holdings in Lam Research were worth $170,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. State Street Corp grew its position in shares of Lam Research by 0.4% in the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock valued at $8,024,684,000 after purchasing an additional 265,805 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Lam Research by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock valued at $5,764,117,000 after purchasing an additional 126,613 shares in the last quarter. Norges Bank purchased a new stake in shares of Lam Research in the fourth quarter valued at approximately $3,645,427,000. Invesco Ltd. grew its position in shares of Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after purchasing an additional 3,263,658 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Lam Research by 17.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 13,349,470 shares of the semiconductor company’s stock valued at $2,285,162,000 after purchasing an additional 2,008,605 shares in the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Several recent articles argue Lam Research still has strong growth potential, citing healthy earnings momentum, solid demand, and long-term outperformance potential. Is Lam Research (LRCX) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Positive Sentiment: Analysts and market commentary continue to point to AI-related semiconductor demand and advanced packaging as a possible growth catalyst for LRCX. Lam Research Expects Packaging Growth of 50%: Is It a Hidden Catalyst?
• Positive Sentiment: The broader chip rally is still supporting sentiment, with semiconductor ETFs and peers pushing to new highs and helping keep money flowing into the sector. Chips Up 8.8% in One Week: 5 Semiconductor Names Breaking Into New Highs
• Neutral Sentiment: One market note highlighted Lam Research as a “final trade,” which may reflect positive trader interest but does not provide a fundamental catalyst. Alphabet, Lam Research And A Financial Stock On CNBC’s ‘Final Trades’
• Neutral Sentiment: Lam Research director Eric Brandt sold 54,500 shares in a pre-arranged 10b5-1 transaction; the sale is notable, but it does not necessarily signal a negative business outlook. SEC filing for director share sale
• Negative Sentiment: Some commentary flagged Lam’s elevated valuation, suggesting the stock is priced for very strong future growth and could be vulnerable if that growth slows. Decoding LRCX Stock’s Premium Valuation
• Negative Sentiment: Trading headlines also noted that LRCX underperformed the broader market in the latest session, likely reinforcing short-term profit-taking after the recent run-up. Why Lam Research (LRCX) Dipped More Than Broader Market Today

Lam Research Trading Down 5.0%

Shares of Lam Research stock opened at $369.34 on Wednesday. The firm has a market capitalization of $461.89 billion, a price-to-earnings ratio of 69.69, a PEG ratio of 3.20 and a beta of 1.85. Lam Research Corporation has a fifty-two week low of $87.75 and a fifty-two week high of $393.07. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The stock has a 50 day moving average of $292.53 and a 200 day moving average of $237.34.

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. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. During the same period in the previous year, the firm posted $1.04 earnings per share. The company’s revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts predict that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Announces Dividend

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

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 6,010 shares of Lam Research 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 sale, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Eric Brandt sold 54,500 shares of Lam Research stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the sale, the director directly owned 199,205 shares of the company’s stock, valued at $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 86,339 shares of company stock worth $27,680,267 over the last 90 days. 0.31% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft upped their price target on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. New Street Research upped their price target on Lam Research from $235.00 to $280.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. Erste Group Bank lowered Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Wall Street Zen lowered Lam Research from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Finally, Berenberg Bank increased their price objective on Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $324.26.

About Lam Research

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.