KFG Wealth Management LLC Takes Position in Lam Research Corporation $LRCX

KFG Wealth Management LLC acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,796 shares of the semiconductor company’s stock, valued at approximately $778,000.

Other hedge funds have also modified their holdings of the company. Bayban acquired a new stake in Lam Research during the 4th quarter worth about $26,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Lam Research during the first quarter valued at approximately $26,000. Cedar Mountain Advisors LLC raised its holdings in shares of Lam Research by 242.9% during the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 85 shares during the period. Paladin Partners LLC purchased a new stake in shares of Lam Research in the 2nd quarter valued at approximately $26,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in shares of Lam Research in the 4th quarter valued at approximately $27,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Stock Down 0.6%

LRCX stock opened at $288.32 on Thursday. Lam Research Corporation has a 12-month low of $96.44 and a 12-month high of $438.50. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The company has a market cap of $360.78 billion, a price-to-earnings ratio of 50.06, a PEG ratio of 1.15 and a beta of 1.85. The company has a 50 day moving average of $324.95 and a two-hundred day moving average of $290.88.

Lam Research (NASDAQ:LRCX) last posted its quarterly 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 business had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the previous year, the company posted $1.33 EPS. Lam Research’s 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. On average, equities analysts anticipate that Lam Research Corporation will post 9.33 earnings per share for the current fiscal year.

Lam Research Increases Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Barclays restated an “overweight” rating and issued a $335.00 target price (up from $275.00) on shares of Lam Research in a report on Thursday, June 11th. Sanford C. Bernstein raised their target price on Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Raymond James Financial set a $425.00 price target on Lam Research in a report on Wednesday, June 10th. Finally, Stifel Nicolaus upped their price target on Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a research report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $358.97.

Key Lam Research News

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

• Positive Sentiment: AI data-center investment, advanced chip manufacturing and an expected memory-market recovery are being cited as growth opportunities for Lam Research’s wafer-fabrication equipment business. Several investment-fund commentaries identify LRCX as a beneficiary of structural semiconductor demand. Lam Research growth opportunities article
• Positive Sentiment: Recent coverage remains bullish on LRCX, highlighting strong seasonal trends, AI-related spending and the company’s role in advanced logic and memory production. One stock-picking article names Lam as a preferred way to participate in the AI data-center boom. Lam Research chip-stock article
• Positive Sentiment: Lam’s latest quarterly results exceeded expectations, with adjusted earnings of $1.82 per share on $6.72 billion in revenue. Revenue rose 30% year over year, and management guided to fiscal first-quarter 2027 earnings of $2.00 to $2.30 per share.
• Positive Sentiment: The company raised its quarterly dividend to $0.33 from $0.26, a roughly 27% increase. The higher payout reinforces confidence in cash generation, although the yield remains modest at approximately 0.5%. Dividend increase article
• Neutral Sentiment: UBS cut its price target to $425 from $435 but maintained a Buy rating. The reduction indicates some caution after LRCX’s substantial rally, while the rating and target still reflect confidence in longer-term upside. UBS target-cut article
• Negative Sentiment: A global bond selloff lifted long-term yields, increasing pressure on high-multiple growth stocks such as LRCX and raising concerns that restrictive interest rates could persist. Higher yields reduce the appeal of future earnings and can increase financing costs. Semiconductor selloff article
• Negative Sentiment: An insider sold 5,000 shares for approximately $1.5 million. The sale occurred under a pre-arranged Rule 10b5-1 plan, limiting its importance as a signal, but it contributed to near-term selling pressure. SEC insider-sale filing
• Negative Sentiment: LRCX’s valuation remains demanding, with a price-to-earnings ratio near 50, leaving the stock vulnerable to profit-taking or disappointment despite strong AI and semiconductor-equipment fundamentals. Lam Research valuation article

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 5,000 shares of the company’s stock in a transaction dated 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 transaction, the insider directly owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This represents a 10.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $335.00, for a total value of $6,124,470.00. Following the sale, the director directly owned 87,142 shares of the company’s stock, valued at $29,192,570. This trade represents a 17.34% 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 have sold 77,782 shares of company stock worth $26,755,370 over the last 90 days. 0.31% of the stock is currently owned by corporate insiders.

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.