Lam Research Corporation $LRCX Shares Sold by Guinness Asset Management LTD

Guinness Asset Management LTD cut its stake in Lam Research Corporation (NASDAQ:LRCX) by 15.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 422,112 shares of the semiconductor company’s stock after selling 75,311 shares during the quarter. Lam Research comprises about 0.9% of Guinness Asset Management LTD’s investment portfolio, making the stock its 25th biggest position. Guinness Asset Management LTD’s holdings in Lam Research were worth $55,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Bond & Devick Financial Network Inc. acquired a new stake in shares of Lam Research in the third quarter valued at about $269,000. Waterloo Capital L.P. increased its stake in Lam Research by 33.4% during the 3rd quarter. Waterloo Capital L.P. now owns 5,230 shares of the semiconductor company’s stock worth $700,000 after buying an additional 1,308 shares during the period. RMR Wealth Builders grew its stake in Lam Research by 12.0% during the 3rd quarter. RMR Wealth Builders now owns 4,120 shares of the semiconductor company’s stock valued at $552,000 after purchasing an additional 440 shares in the last quarter. Hobbs Wealth Management LLC bought a new position in Lam Research during the 3rd quarter worth approximately $244,000. Finally, Portside Wealth Group LLC boosted its holdings in shares of Lam Research by 13.9% in the 3rd quarter. Portside Wealth Group LLC now owns 5,080 shares of the semiconductor company’s stock valued at $680,000 after buying an additional 621 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on LRCX. JPMorgan Chase & Co. boosted their price objective on Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Dbs Bank boosted their price target on shares of Lam Research from $119.40 to $184.20 in a report on Monday, October 27th. Mizuho set a $265.00 price objective on shares of Lam Research in a report on Wednesday, January 28th. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. Finally, TD Cowen raised their price target on shares of Lam Research from $170.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $243.32.

Lam Research Price Performance

NASDAQ LRCX opened at $213.31 on Friday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $251.87. The firm has a market capitalization of $266.38 billion, a PE ratio of 43.71, a P/E/G ratio of 2.27 and a beta of 1.78. The company’s 50 day simple moving average is $192.85 and its 200 day simple moving average is $149.41. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating 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 business’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, equities research analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

The firm also recently disclosed 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 is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

Lam Research News Roundup

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

• Positive Sentiment: Board approves quarterly dividend of $0.26/share — adds a cash-return component that signals confidence in cash flow and can support the stock as income-focused investors re-evaluate the name. Lam Research Corporation Declares Quarterly Dividend
• Positive Sentiment: Analyst upgrades and big price-target hikes — Argus raised its target to $280 and several outlets report materially higher targets (one report shows target ~ $271), which lifts conviction among growth investors and likely triggered buying/rehypothecation by funds tracking analyst sentiment. Argus Increases Lam Research (NASDAQ:LRCX) Price Target to $280.00
• Positive Sentiment: Strategic tech alliance targets AI equipment edge — Lam’s collaboration with CEA‑Leti to pursue AI-focused equipment strengthens its exposure to the highest-growth end markets (AI datacenter chips), supporting longer-term revenue upside. Lam Research Leadership And CEA Leti Alliance Target AI Equipment Edge
• Positive Sentiment: High-profile buy guidance from media — Jim Cramer suggested layering into Lam, which can drive short-term retail and momentum flows into the stock. Jim Cramer on Lam Research: “Put a Quarter of the Position on It If You Want to Buy Lam Research, and Then Leg In”
• Neutral Sentiment: Board addition and COO transition announced — management changes can be positive if they improve execution, but investors will watch the transition closely for continuity and any signaling in guidance or capital allocation. Lam Research Announces Board Addition and COO Transition
• Neutral Sentiment: Analyst/market commentary highlights upside but notes recent volatility — coverage from Zacks and Forbes points to strong fundamentals and sizable modeled upside, while also noting a recent pullback that increases near-term volatility risk. Wall Street Analysts Believe Lam Research (LRCX) Could Rally 30.51%: Here’s is How to Trade

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction dated 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 transaction, the chief financial officer owned 987,237 shares of the company’s stock, valued at $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 is available through this hyperlink. 0.31% of the stock is currently owned by company insiders.

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.