Peak Financial Advisors LLC Buys Shares of 3,996 Lam Research Corporation $LRCX

Peak Financial Advisors LLC bought a new position in Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,996 shares of the semiconductor company’s stock, valued at approximately $684,000.

Several other hedge funds have also recently modified their holdings of the business. Lingohr Asset Management GmbH raised its holdings in shares of Lam Research by 590.7% during the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock valued at $7,974,000 after purchasing an additional 50,933 shares during the last quarter. Mediolanum International Funds Ltd boosted its holdings in Lam Research by 52.0% in the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock worth $34,417,000 after purchasing an additional 89,856 shares during the last quarter. First Citizens Bank & Trust Co. boosted its holdings in Lam Research by 8.0% in the third quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock worth $18,804,000 after purchasing an additional 10,408 shares during the last quarter. Thoroughbred Financial Services LLC grew its position in Lam Research by 115.2% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock worth $2,972,000 after purchasing an additional 11,883 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its stake in Lam Research by 30.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock valued at $19,369,000 after buying an additional 34,147 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

LRCX has been the topic of several research analyst reports. Cantor Fitzgerald reissued an “overweight” rating and set a $320.00 price target (up from $265.00) on shares of Lam Research in a report on Thursday, January 29th. Argus upped their price objective on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft increased their target price on Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Morgan Stanley raised their target price on Lam Research from $244.00 to $254.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 25th. Finally, UBS Group set a $300.00 price target on Lam Research in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average target price of $245.35.

Lam Research Stock Performance

NASDAQ:LRCX opened at $233.45 on Thursday. 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 stock has a 50-day simple moving average of $228.16 and a two-hundred day simple moving average of $180.40. The firm has a market capitalization of $291.53 billion, a PE ratio of 47.84, a P/E/G ratio of 2.57 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 posted 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 for the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter last year, the company earned $0.91 earnings per share. The business’s revenue for the quarter 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. Analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be issued 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 yield of 0.4%. Lam Research’s payout ratio is currently 21.31%.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Analysts argue Lam still has strong growth ahead driven by secular demand in advanced node fabs and rising wafer complexity, supporting revenue and margin expansion. Lam Research: Strong Growth Ahead For This Expensive Stock
• Positive Sentiment: Investor letters and research highlight Lam’s positioning to benefit from growing chip complexity (more etch/dep/clean steps per wafer), which supports medium-term demand for Lam’s tools. Lam Research Corporation (LRCX) is Positioned to Benefit from Growing Chip Complexity
• Positive Sentiment: Quant/flow signals and headlines report sizable inflows in models that historically flagged long-term outperformance, a technical/market-flow tailwind that has lifted the shares recently. Outlier Inflows Push Lam Research Shares Higher
• Positive Sentiment: Prominent media/TV endorsements (Jim Cramer highlighted Lam as a winner) can reinforce retail and momentum buying. Jim Cramer on Lam Research: “You’ve Got a Winner in Lam Research”
• Positive Sentiment: Several market reports noted Lam outperformed on a day when the broader market dipped, underscoring relative strength vs. peers. Why the Market Dipped But Lam Research (LRCX) Gained Today
• Neutral Sentiment: Quarterly and industry comparisons are being rehashed after Q4 earnings; Lam showed strong top- and bottom-line beats but investor focus is now on sustainability of cycle and capex cadence. A Look Back at Semiconductor Manufacturing Stocks’ Q4 Earnings: Lam Research (NASDAQ:LRCX) Vs The Rest Of The Pack
• Neutral Sentiment: Reports of a “large increase in short interest” contain inconsistent/zero values and appear to be noisy data rather than a clear bearish signal; not currently actionable.
• Negative Sentiment: Valuation scrutiny: multiple pieces note Lam’s premium multiple after a multi‑year run — a high P/E and stretched forward expectations increase sensitivity to any guidance softness or a broader sector rotation, which can trigger pullbacks. Assessing Lam Research (LRCX) Valuation After Strong Multi Year Shareholder Returns

Insider Buying and Selling at Lam Research

In related news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the transaction, the director directly owned 253,705 shares of the company’s stock, valued at $57,235,848. This represents a 12.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,886 shares of company stock valued at $29,658,802 over the last 90 days. 0.31% of the stock is currently owned by corporate insiders.

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.