Lam Research Corporation $LRCX Shares Bought by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. boosted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 136.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 21,740 shares of the semiconductor company’s stock after acquiring an additional 12,560 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Lam Research were worth $3,721,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in LRCX. PMV Capital Advisers LLC acquired a new position in shares of Lam Research in the fourth quarter valued at approximately $25,000. Stance Capital LLC acquired a new position in shares of Lam Research in the third quarter valued at approximately $26,000. Triumph Capital Management acquired a new position in shares of Lam Research in the third quarter valued at approximately $27,000. Strategic Wealth Investment Group LLC acquired a new position in shares of Lam Research in the second quarter valued at approximately $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Lam Research in the third quarter valued at approximately $40,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on LRCX shares. Rothschild & Co Redburn boosted their target price on Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a report on Friday, February 6th. Wells Fargo & Company boosted 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. Bank of America boosted their target price on Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Needham & Company LLC reissued a “buy” rating and issued a $300.00 target price on shares of Lam Research in a report on Thursday, April 23rd. Finally, Barclays set a $275.00 target price on Lam Research and gave the company an “equal weight” rating in a report on Thursday, April 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $295.07.

Lam Research News Summary

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

• Positive Sentiment: Lam Research hit a new 12-month high, reinforcing strong momentum in the shares and signaling continued investor demand for semiconductor equipment stocks.
• Positive Sentiment: Mizuho Securities reiterated its Buy rating on Lam Research, which supports the stock’s bullish trading tone.
• Positive Sentiment: Options activity showed unusually heavy interest in Lam Research, with investors reportedly favoring short put positions, a sign some traders expect the stock to hold up or rise further.
• Positive Sentiment: Broader semiconductor commentary remained constructive, as Applied Materials’ CEO said AI-driven demand is creating the strongest period ever for the chip equipment industry, a favorable backdrop for Lam Research.
• Neutral Sentiment: Recent articles noted Lam Research’s strong technical run and high valuation, suggesting momentum is powerful but the stock may be vulnerable to volatility if expectations cool.
• Negative Sentiment: Some market commentary questioned whether the semiconductor rally is getting ahead of fundamentals, warning that chip stocks could face a pullback if the current “supercycle” narrative weakens.

Insider Activity

In other news, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the sale, the senior vice president directly owned 66,129 shares in the company, valued at $16,872,153.06. This represents a 21.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 75,737 shares of company stock worth $17,738,700 over the last three months. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Stock Performance

Shares of LRCX stock opened at $318.18 on Monday. The business’s fifty day moving average price is $263.88 and its 200 day moving average price is $221.18. Lam Research Corporation has a 1-year low of $79.49 and a 1-year high of $333.33. The firm has a market capitalization of $397.91 billion, a PE ratio of 60.03, a P/E/G ratio of 2.63 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77.

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

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be given a $0.26 dividend. 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 dividend payout ratio is currently 19.62%.

Lam Research Company 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.