Icon Wealth Advisors LLC lessened its holdings in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 13.7% during the 4th quarter, Holdings Channel reports. The firm owned 17,549 shares of the semiconductor company’s stock after selling 2,779 shares during the period. Icon Wealth Advisors LLC’s holdings in Lam Research were worth $3,004,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Lam Research by 0.3% in the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after acquiring an additional 364,949 shares in the last quarter. State Street Corp raised its holdings in Lam Research by 0.4% during the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after purchasing an additional 265,805 shares in the last quarter. Geode Capital Management LLC raised its holdings in Lam Research by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock worth $5,764,117,000 after purchasing an additional 126,613 shares in the last quarter. Norges Bank acquired a new stake in Lam Research during the fourth quarter worth approximately $3,645,427,000. Finally, Invesco Ltd. raised its holdings in Lam Research by 18.2% during the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after purchasing an additional 3,263,658 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have recently commented on LRCX. B. Riley Financial lifted their target price on shares of Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Barclays reaffirmed an “overweight” rating and issued a $335.00 target price (up from $275.00) on shares of Lam Research in a report on Thursday. Cantor Fitzgerald set a $425.00 target price on shares of Lam Research and gave the company an “overweight” rating in a report on Wednesday. Morgan Stanley raised shares of Lam Research from an “underweight” rating to an “overweight” rating and lifted their target price for the company from $293.00 to $331.00 in a report on Monday, May 18th. Finally, Erste Group Bank cut shares of Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $322.01.
Insider Buying and Selling at Lam Research
In other Lam Research news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president owned 58,470 shares in the company, valued at $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 31,839 shares of company stock worth $8,561,667 over the last 90 days. Insiders own 0.31% of the company’s stock.
Trending Headlines about Lam Research
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
- Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
- Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
- Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
- Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title
Lam Research Stock Performance
NASDAQ:LRCX opened at $366.81 on Friday. The firm’s fifty day moving average price is $286.10 and its 200 day moving average price is $233.58. Lam Research Corporation has a 1-year low of $87.75 and a 1-year high of $373.82. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The firm has a market cap of $458.72 billion, a price-to-earnings ratio of 69.21, a price-to-earnings-growth ratio of 3.04 and a beta of 1.85.
Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The firm had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. Lam Research’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period last year, the firm posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, sell-side analysts expect that Lam Research Corporation will post 5.7 EPS for the current year.
Lam Research Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s payout ratio is presently 19.62%.
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.
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