RKL Wealth Management LLC Buys Shares of 1,389 Lam Research Corporation $LRCX

RKL Wealth Management LLC acquired a new position in Lam Research Corporation (NASDAQ:LRCX) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,389 shares of the semiconductor company’s stock, valued at approximately $238,000.

A number of other institutional investors have also made changes to their positions in the business. Caerus Investment Advisors LLC grew its position in Lam Research by 7.0% during the fourth quarter. Caerus Investment Advisors LLC now owns 8,563 shares of the semiconductor company’s stock worth $1,466,000 after buying an additional 558 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in Lam Research by 0.7% during the fourth quarter. Great Valley Advisor Group Inc. now owns 12,260 shares of the semiconductor company’s stock worth $2,098,000 after buying an additional 88 shares in the last quarter. Kovack Advisors Inc. grew its position in Lam Research by 352.6% during the fourth quarter. Kovack Advisors Inc. now owns 31,020 shares of the semiconductor company’s stock worth $5,310,000 after buying an additional 24,166 shares in the last quarter. ICICI Prudential Asset Management Co Ltd grew its position in Lam Research by 3.7% during the fourth quarter. ICICI Prudential Asset Management Co Ltd now owns 20,158 shares of the semiconductor company’s stock worth $3,451,000 after buying an additional 722 shares in the last quarter. Finally, Sepio Capital LP grew its position in Lam Research by 15.8% during the fourth quarter. Sepio Capital LP now owns 2,085 shares of the semiconductor company’s stock worth $357,000 after buying an additional 284 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Lam Research Stock Up 12.7%

Shares of LRCX opened at $362.52 on Friday. The company has a market capitalization of $453.36 billion, a P/E ratio of 68.40, a PEG ratio of 2.66 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. Lam Research Corporation has a one year low of $87.75 and a one year high of $364.81. The business’s 50 day simple moving average is $283.21 and its 200-day simple moving average is $232.64.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.36 by $0.11. The business had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.Lam Research’s revenue was up 23.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, sell-side analysts predict that Lam Research Corporation will post 5.67 EPS for the current fiscal year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s payout ratio is presently 19.62%.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Barclays and other analysts raised price targets on Lam Research after increasing their wafer-fab equipment spending estimates, reinforcing the view that AI infrastructure investment is still running strong and could support more orders for chipmaking tools. Barclays raises price targets on chip stocks after raising WFE estimates
• Positive Sentiment: Lam’s CFO recently lifted the company’s 2026 wafer-fab equipment market forecast to $140 billion, which suggests a stronger spending backdrop for its core business and improved momentum into the second half of the year. Lam Research jumps as upbeat chip-equipment spending outlook and fresh analyst target hikes lift sentiment
• Positive Sentiment: The company’s latest quarterly results beat expectations, with revenue and EPS both ahead of consensus, and guidance pointed to further sequential growth, helping investors believe the business is still in an upcycle. Lam Research jumps as upbeat chip-equipment spending outlook and fresh analyst target hikes lift sentiment
• Neutral Sentiment: Several articles also highlighted Lam Research as a beneficiary of the broader AI infrastructure boom and a “critical enabler” of AI growth, which keeps sentiment constructive, though these pieces were more thematic than company-specific. Lam Research: A Critical Enabler Of AI Growth, Reiterating Buy
• Negative Sentiment: Near-term trading has been volatile, and one recent report noted the stock fell in the prior session, showing that some investors are still worried about valuation and the possibility of a cyclical slowdown after a strong run. Lam Research (LRCX) Falls More Steeply Than Broader Market: What Investors Need to Know

Insider Activity at Lam Research

In other news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the transaction, the senior vice president directly owned 66,129 shares of the company’s stock, valued at $16,872,153.06. The trade was a 21.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 31,839 shares of company stock worth $8,561,667 over the last three months. 0.31% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on LRCX shares. Evercore lifted their target price on Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Oppenheimer reissued an “outperform” rating and set a $330.00 target price on shares of Lam Research in a research report on Thursday, April 23rd. UBS Group reissued a “buy” rating and set a $375.00 target price (up from $310.00) on shares of Lam Research in a research report on Tuesday. Cantor Fitzgerald set a $425.00 price objective on Lam Research and gave the company an “overweight” rating in a report on Wednesday. Finally, Stifel Nicolaus lifted their price objective on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Twenty-eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $322.01.

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.