Fortem Financial Group LLC Raises Holdings in Lam Research Corporation $LRCX

Posted by Stanley Muller on May 11th, 2026

Fortem Financial Group LLC raised its stake in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 6.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 31,700 shares of the semiconductor company’s stock after buying an additional 2,050 shares during the period. Lam Research accounts for approximately 1.5% of Fortem Financial Group LLC’s investment portfolio, making the stock its 20th largest position. Fortem Financial Group LLC’s holdings in Lam Research were worth $5,426,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. PMV Capital Advisers LLC purchased a new stake in Lam Research in the 4th quarter valued at $25,000. Stance Capital LLC purchased a new stake in Lam Research in the 3rd quarter valued at $26,000. Triumph Capital Management purchased a new stake in Lam Research in the 3rd quarter valued at $27,000. Strategic Wealth Investment Group LLC purchased a new stake in Lam Research in the 2nd quarter valued at $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Lam Research in the 3rd quarter valued at $40,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research Stock Performance

NASDAQ LRCX opened at $294.05 on Monday. The stock has a market cap of $367.73 billion, a PE ratio of 55.48, a P/E/G ratio of 2.43 and a beta of 1.81. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a twelve month low of $74.65 and a twelve month high of $297.99. The stock has a fifty day simple moving average of $238.93 and a 200-day simple moving average of $204.97.

Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The business had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company’s revenue was up 23.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities analysts anticipate that Lam Research Corporation will post 5.67 earnings per share for the current year.

Analyst Ratings Changes

LRCX has been the subject of several analyst reports. Needham & Company LLC restated a “buy” rating and issued a $300.00 target price on shares of Lam Research in a report on Thursday, April 23rd. Weiss Ratings upgraded Lam Research from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, April 24th. Wells Fargo & Company upped their target price on Lam Research from $290.00 to $320.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Erste Group Bank cut Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Mizuho upped their target price on Lam Research from $295.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Twenty-six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average price target of $285.94.

Check Out Our Latest Stock Analysis on LRCX

Lam Research News Roundup

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

Positive Sentiment: B. Riley raised its price target on Lam Research to $350 from $330 and kept a Buy rating, citing strong earnings and solid execution. Why Analysts Are Growing More Confident In Lam Research (LRCX)
Positive Sentiment: Erste Group Bank lifted FY2027 EPS estimates for Lam Research to $7.88 from $7.74, suggesting analysts see better long-term earnings power. Lam Research stock page
Positive Sentiment: Recent coverage highlights Lam Research as an AI-fab beneficiary with orders beating expectations, supporting the case for further upside after a sharp rally. Lam Research (LRCX) Is Up 19.5% After AI-Fab Orders Beat Expectations Has The Bull Case Changed?
Neutral Sentiment: Some commentary notes the stock has already surged dramatically over the past year, which may raise overbought concerns even as Wall Street remains constructive. Lam Research Has Surged 300% in a Year. Wall Street Sees More Gains Still Ahead
Neutral Sentiment: Investor articles argue the rally may still have room to run, but that view is speculative rather than a direct fundamental update. Why Lam Research Still Looks Like a Buy After a 300% Rally

Insider Transactions at Lam Research

In related news, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at $242,334,371.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the transaction, the senior vice president directly owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. This represents a 21.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is currently owned by company insiders.

Lam Research Company Profile

(Free Report)

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.