Lam Research Corporation $LRCX Position Increased by Kestra Private Wealth Services LLC

Posted by Brian Himes on Nov 5th, 2026

Kestra Private Wealth Services LLC increased its stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 15.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,405 shares of the semiconductor company’s stock after buying an additional 3,873 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Lam Research were worth $9,331,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of LRCX. State Street Corp increased its stake in shares of Lam Research by 2.6% during the second quarter. State Street Corp now owns 60,704,130 shares of the semiconductor company’s stock worth $26,320,468,000 after acquiring an additional 1,545,830 shares during the period. Bank of America Corp DE raised its holdings in Lam Research by 5.5% during the second quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock worth $4,872,426,000 after purchasing an additional 584,489 shares in the last quarter. Van ECK Associates Corp lifted its position in Lam Research by 411.8% in the second quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company’s stock valued at $4,805,368,000 after purchasing an additional 8,922,854 shares during the period. Amundi lifted its position in Lam Research by 23.7% in the first quarter. Amundi now owns 10,147,479 shares of the semiconductor company’s stock valued at $2,168,107,000 after purchasing an additional 1,942,862 shares during the period. Finally, Janus Henderson Group PLC lifted its position in Lam Research by 2.0% in the first quarter. Janus Henderson Group PLC now owns 9,265,026 shares of the semiconductor company’s stock valued at $1,975,244,000 after purchasing an additional 181,087 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Stock Performance

Shares of LRCX opened at $221.43 on Thursday. The company has a current ratio of 2.48, a quick ratio of 1.86 and a debt-to-equity ratio of 0.27. Lam Research Corporation has a 12-month low of $135.50 and a 12-month high of $438.50. The stock has a market cap of $276.60 billion, a P/E ratio of 33.00, a PEG ratio of 0.85 and a beta of 1.97. The company has a 50-day moving average of $289.28 and a two-hundred day moving average of $283.97.

Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.02. Lam Research had a net margin of 32.34% and a return on equity of 72.15%. The company had revenue of $8.22 billion for the quarter, compared to analysts’ expectations of $8.14 billion. During the same period last year, the company earned $1.26 EPS. The firm’s revenue for the quarter was up 54.4% compared to the same quarter last year. As a group, research analysts predict that Lam Research Corporation will post 9.59 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were given a $0.33 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, September 23rd. Lam Research’s dividend payout ratio is 19.67%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on LRCX. Jefferies Financial Group set a $335.00 price objective on Lam Research and gave the company a “buy” rating in a report on Thursday, July 30th. B. Riley Financial increased their target price on Lam Research from $350.00 to $390.00 and gave the stock a “buy” rating in a research note on Thursday, October 1st. Wall Street Zen raised Lam Research from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Fundamental Research set a $390.00 price target on Lam Research in a research note on Thursday, October 1st. Finally, Needham & Company LLC decreased their price target on Lam Research from $390.00 to $290.00 and set a “buy” rating on the stock in a research note on Thursday, October 22nd. Twenty-six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $360.23.

Check Out Our Latest Research Report on Lam Research

Insider Activity at Lam Research

In related news, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the transaction, the director owned 20,995 shares in the company, valued at approximately $6,607,966.30. This trade represents a 31.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.31% of the stock is currently owned by company insiders.

Lam Research Profile

(Free Report)

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.