Fieldview Capital Management LLC Takes Position in Lam Research Corporation $LRCX

Fieldview Capital Management LLC bought a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 6,695 shares of the semiconductor company’s stock, valued at approximately $896,000.

Several other institutional investors and hedge funds have also bought and sold shares of LRCX. Gilliland Jeter Wealth Management LLC increased its stake in Lam Research by 0.3% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock valued at $3,548,000 after purchasing an additional 69 shares in the last quarter. Gold Investment Management Ltd. boosted its position in shares of Lam Research by 0.5% during the 3rd quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock worth $1,973,000 after purchasing an additional 70 shares in the last quarter. Hemington Wealth Management boosted its position in shares of Lam Research by 4.3% during the 3rd quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock worth $231,000 after purchasing an additional 72 shares in the last quarter. Magnus Financial Group LLC grew its stake in shares of Lam Research by 0.3% in the 3rd quarter. Magnus Financial Group LLC now owns 22,838 shares of the semiconductor company’s stock valued at $3,058,000 after buying an additional 76 shares during the period. Finally, Addison Advisors LLC grew its stake in shares of Lam Research by 2.8% in the 3rd quarter. Addison Advisors LLC now owns 2,857 shares of the semiconductor company’s stock valued at $383,000 after buying an additional 77 shares during the period. 84.61% of the stock is owned by institutional investors.

Insider Transactions at Lam Research

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. The trade was a 4.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ava Harter sold 4,000 shares of the company’s stock in a transaction that occurred 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 directly owned 54,705 shares of the company’s stock, valued at approximately $12,718,912.50. This represents a 6.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,886 shares of company stock worth $29,658,802 in the last 90 days. Insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on LRCX shares. Mizuho set a $265.00 price target on Lam Research in a research note on Wednesday, January 28th. Jefferies Financial Group reissued a “buy” rating and issued a $200.00 price objective (up from $175.00) on shares of Lam Research in a research note on Monday, December 15th. Citigroup boosted their price objective on Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Susquehanna set a $325.00 target price on Lam Research and gave the stock a “positive” rating in a research report on Thursday, January 29th. Finally, Summit Insights upgraded Lam Research from a “hold” rating to a “buy” rating in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $245.19.

Lam Research Price Performance

LRCX stock opened at $211.19 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The business has a 50-day simple moving average of $221.66 and a two-hundred day simple moving average of $170.52. The company has a market capitalization of $263.73 billion, a P/E ratio of 43.28, a price-to-earnings-growth ratio of 2.14 and a beta of 1.77. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $256.68.

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

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given 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 (DPR) is currently 21.31%.

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.