McBroom & Associates LLC Trims Stock Holdings in Lam Research Corporation $LRCX

McBroom & Associates LLC trimmed its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 4.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 85,574 shares of the semiconductor company’s stock after selling 3,721 shares during the quarter. Lam Research makes up 5.4% of McBroom & Associates LLC’s holdings, making the stock its 4th biggest holding. McBroom & Associates LLC’s holdings in Lam Research were worth $11,458,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new position in Lam Research during the first quarter worth $239,000. Pallas Capital Advisors LLC boosted its stake in Lam Research by 2.7% during the second quarter. Pallas Capital Advisors LLC now owns 7,120 shares of the semiconductor company’s stock worth $693,000 after buying an additional 185 shares during the period. Sovran Advisors LLC bought a new position in Lam Research during the second quarter valued at $320,000. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Lam Research by 7.1% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 321,491 shares of the semiconductor company’s stock valued at $31,766,000 after acquiring an additional 21,298 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling at Lam Research

In other news, Director Bethany Mayer sold 1,298 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the transaction, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. The trade was a 44.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the transaction, the insider owned 56,786 shares in the company, valued at $8,942,091.42. This trade represents a 13.69% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 50,418 shares of company stock valued at $7,667,305. 0.31% of the stock is currently owned by corporate insiders.

Key Lam Research News

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

• Positive Sentiment: TSMC’s $52–$56 billion 2026 CapEx roadmap is highlighted as a direct driver of equipment demand for 2nm/3D chip builds — Lam Research is named specifically for cryogenic etching used in vertical stacking. The $56 Billion Draft: Follow TSMC’s CapEx Stream
• Positive Sentiment: Coverage highlighting TSMC’s $56B AI bet lists Lam among the primary beneficiaries, reinforcing the narrative that foundry CapEx flows directly to equipment suppliers. TSMC’s $56B AI Bet Just Made These 3 Stocks Millionaire Makers
• Positive Sentiment: Multiple sell‑side firms (Wells Fargo, RBC, Stifel, BofA, Rothschild/Redburn) raised ratings and price targets — several to ~$245–$250 — signaling stronger consensus forward estimates and supporting a higher valuation. Wells Fargo upgrade / The Fly
• Positive Sentiment: Industry press (Barron’s, Seeking Alpha) links broad chip-stock strength to TSMC’s spending — reinforcing sector momentum that benefits Lam as an essential equipment vendor. ASML, Lam Research, Applied Materials Surge
• Positive Sentiment: Analyst research/upgrades (Seeking Alpha write-up and Zacks pieces) increase earnings and free-cash-flow expectations based on a wafer‑fab-equipment (WFE) “supercycle,” which supports upward revisions to LRCX valuation models. Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
• Neutral Sentiment: Momentum and style-score stories (Zacks) reiterate LRCX’s growth traits — useful for investor positioning but less likely to move price than large-capital orders or formal guidance changes. Here’s Why Lam Research (LRCX) is a Strong Growth Stock

Lam Research Stock Performance

Shares of Lam Research stock opened at $222.96 on Friday. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The stock’s fifty day moving average price is $171.60 and its 200-day moving average price is $137.26. The firm has a market cap of $280.04 billion, a P/E ratio of 49.11, a P/E/G ratio of 2.56 and a beta of 1.77. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $229.57.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the prior year, the business earned $0.86 EPS. The firm’s quarterly revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, equities research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were issued a dividend of $0.26 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Lam Research’s dividend payout ratio is currently 22.91%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LRCX. Evercore ISI lifted their price target on shares of Lam Research from $115.00 to $170.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. B. Riley reissued a “buy” rating on shares of Lam Research in a research note on Thursday. BNP Paribas Exane increased their price target on Lam Research from $80.00 to $140.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Cowen reaffirmed a “buy” rating on shares of Lam Research in a research report on Thursday, October 23rd. Finally, Bank of America increased their target price on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Twenty-eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $189.55.

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.