Guyasuta Investment Advisors Inc. trimmed its position in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 26.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,141 shares of the semiconductor company’s stock after selling 3,649 shares during the quarter. Guyasuta Investment Advisors Inc.’s holdings in Lam Research were worth $3,331,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in LRCX. World Equity Group Inc. boosted its holdings in shares of Lam Research by 0.5% in the 2nd quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock valued at $2,416,000 after purchasing an additional 29 shares in the last quarter. Vann Equity Management LLC increased its stake in shares of Lam Research by 1.1% in the 3rd quarter. Vann Equity Management LLC now owns 2,873 shares of the semiconductor company’s stock valued at $944,000 after purchasing an additional 31 shares during the last quarter. Tenzing Financial LLC increased its stake in shares of Lam Research by 3.5% in the 2nd quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock valued at $441,000 after purchasing an additional 34 shares during the last quarter. Advus Financial Partners LLC raised its holdings in shares of Lam Research by 1.0% during the 2nd quarter. Advus Financial Partners LLC now owns 3,578 shares of the semiconductor company’s stock worth $1,550,000 after buying an additional 34 shares in the last quarter. Finally, Paragon Private Wealth Management LLC raised its holdings in shares of Lam Research by 1.3% during the 2nd quarter. Paragon Private Wealth Management LLC now owns 2,719 shares of the semiconductor company’s stock worth $1,178,000 after buying an additional 35 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts recently weighed in on the company. Weiss Ratings downgraded Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 4th. Evercore reiterated an “outperform” rating and issued a $355.00 target price on shares of Lam Research in a research report on Monday, July 20th. Stifel Nicolaus boosted their target price on Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. TD Cowen reissued a “buy” rating and set a $400.00 target price (up from $340.00) on shares of Lam Research in a research note on Thursday, July 9th. Finally, Berenberg Bank set a $420.00 target price on shares of Lam Research in a report on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $364.59.
View Our Latest Research Report on Lam Research
Lam Research News Summary
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Analysts continue to see substantial recovery potential, with Benzinga’s 22-analyst consensus target of $346 implying roughly 26% upside. Separately, Wall Street estimates point to approximately 25.6% potential upside, supported by upward earnings-estimate revisions. Lam Research Stock Hits Longest Losing Streak Ever: Are There Buyers Around?
- Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D platform, aiming to accelerate GPU-based wafer-etch modeling and support more efficient AI-driven chip design and manufacturing. The collaboration reinforces the company’s exposure to AI-factory investment. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
- Positive Sentiment: Twenty-four exchange-traded funds added to their Lam Research holdings on October 13, indicating continued institutional demand despite the recent weakness. 24 ETFs Add to Lam Research Holdings
- Neutral Sentiment: Lam Research is scheduled to report results on October 21. Investors are likely looking for updates on semiconductor equipment demand, AI-related spending and forward guidance before reassessing the stock’s outlook. Lam Research Stock Ahead of October 21 Results
- Negative Sentiment: Hotter-than-expected inflation data intensified concerns that elevated borrowing costs could restrain AI infrastructure investment, pressuring Lam Research and other semiconductor-related stocks. Semiconductor Stocks Trade Down on Inflation Concerns
- Negative Sentiment: LRCX is on course for a ninth consecutive decline, its longest losing streak since 1984, reflecting persistent selling pressure and heightened investor caution ahead of earnings. Lam Research Shares Tumble for Seven Consecutive Sessions
Lam Research Trading Down 3.3%
Shares of LRCX stock opened at $277.46 on Friday. The firm has a market capitalization of $347.22 billion, a P/E ratio of 48.17, a P/E/G ratio of 1.14 and a beta of 1.85. Lam Research Corporation has a twelve month low of $135.50 and a twelve month high of $438.50. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The stock’s fifty day simple moving average is $309.98 and its 200 day simple moving average is $308.35.
Lam Research (NASDAQ:LRCX – Get Free Report) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The business had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. The business’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, sell-side analysts predict that Lam Research Corporation will post 9.34 EPS for the current fiscal year.
Lam Research Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were issued a $0.33 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is 22.92%.
Insider Buying and Selling
In related news, Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the transaction, the director owned 20,995 shares in the company, valued at $6,607,966.30. This trade represents a 31.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the sale, the insider owned 42,462 shares in the company, valued at approximately $12,843,056.52. This represents a 10.53% 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. 0.31% of the stock is owned by company insiders.
Lam Research Company Profile
Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.
The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.
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