Homestead Advisers Corp Trims Stake in Lam Research Corporation $LRCX

Homestead Advisers Corp decreased its position in Lam Research Corporation (NASDAQ:LRCX) by 5.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,073,800 shares of the semiconductor company’s stock after selling 61,900 shares during the quarter. Lam Research accounts for 3.4% of Homestead Advisers Corp’s portfolio, making the stock its 4th largest position. Homestead Advisers Corp owned about 0.09% of Lam Research worth $143,782,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. RMR Wealth Builders raised its stake in shares of Lam Research by 12.0% during the third quarter. RMR Wealth Builders now owns 4,120 shares of the semiconductor company’s stock worth $552,000 after acquiring an additional 440 shares in the last quarter. Hobbs Wealth Management LLC bought a new position in shares of Lam Research during the 3rd quarter valued at $244,000. Portside Wealth Group LLC raised its position in Lam Research by 13.9% in the 3rd quarter. Portside Wealth Group LLC now owns 5,080 shares of the semiconductor company’s stock worth $680,000 after purchasing an additional 621 shares during the period. ABN AMRO Bank N.V. lifted its stake in Lam Research by 64.6% in the third quarter. ABN AMRO Bank N.V. now owns 20,282 shares of the semiconductor company’s stock worth $2,698,000 after purchasing an additional 7,958 shares during the last quarter. Finally, CM Wealth Advisors LLC purchased a new stake in Lam Research during the third quarter valued at about $228,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on LRCX shares. KeyCorp reissued a “sector weight” rating on shares of Lam Research in a research note on Thursday, January 29th. New Street Research boosted their price objective on Lam Research from $195.00 to $235.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Argus raised their target price on shares of Lam Research from $175.00 to $280.00 in a report on Tuesday. Wall Street Zen downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Sanford C. Bernstein set a $275.00 price target on shares of Lam Research in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $243.32.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Multiple analyst price-target raises and buy reiterations have lifted sentiment and helped push the shares higher—Argus raised its target to $280 and other firms (e.g., B. Riley) have issued higher targets and buy ratings. Argus price-target raise B. Riley raises PT to $310
• Positive Sentiment: Investors are reacting to corporate governance and talent moves: Lam announced leadership role elevations aimed at accelerating AI-era execution and added Cadence CEO Dr. Anirudh Devgan to the board — both signals of management strengthening and strategic focus. Leadership transitions Board appointment
• Positive Sentiment: Strategic R&D collaboration expansion (Lam & CEA-Leti) and other partnership news support the company’s technology roadmap for next-generation nodes and packaging — a positive for long-term equipment demand. Lam Research, CEA-Leti expand collaboration
• Neutral Sentiment: Broker and media coverage highlights Lam’s earnings and price momentum (Zacks coverage argues growth attributes and momentum make LRCX attractive), which can sustain interest but also draws attention to expectations. Zacks: 3 reasons growth investors shouldn’t overlook Lam Zacks: earnings & price momentum
• Neutral Sentiment: Sector-level volatility is a factor: commentary about KLA’s post-earnings swing and differing WFE market definitions has created short-term noise across wafer fab-equipment names (including Lam), which can amplify intraday moves independent of Lam-specific fundamentals. KLA sector commentary
• Neutral Sentiment: Some coverage notes Lam underperformed peers on a recent day despite gains, a reminder that relative performance and rotation within the sector can mute upside even amid bullish analyst revisions. MarketWatch: underperformance vs peers

Insider Buying and Selling

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the sale, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.31% of the stock is owned by company insiders.

Lam Research Stock Performance

Shares of LRCX stock opened at $209.78 on Thursday. The firm has a market capitalization of $261.97 billion, a price-to-earnings ratio of 42.99, a PEG ratio of 2.49 and a beta of 1.78. The stock has a fifty day moving average of $191.69 and a 200 day moving average of $148.96. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $251.87. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

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. The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The company’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

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.