Lam Research Corporation $LRCX Shares Bought by DGS Capital Management LLC

DGS Capital Management LLC raised its stake in Lam Research Corporation (NASDAQ:LRCX) by 22.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 17,447 shares of the semiconductor company’s stock after purchasing an additional 3,232 shares during the period. DGS Capital Management LLC’s holdings in Lam Research were worth $2,987,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of LRCX. PMV Capital Advisers LLC acquired a new position in Lam Research in the fourth quarter worth about $25,000. Mcguire Capital Advisors Inc. acquired a new stake in Lam Research during the fourth quarter valued at approximately $27,000. Core Wealth Advisors LLC bought a new position in Lam Research during the 4th quarter worth approximately $29,000. University of Illinois Foundation bought a new position in Lam Research during the 4th quarter worth approximately $30,000. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of Lam Research in the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Citi raised its price target on Lam Research to $450 from $315, citing booming wafer fab equipment (WFE) demand and improved forecasts for the sector. Citi lifts PTs on AMAT, LRCX, & KLAC amid booming WFE demand
• Positive Sentiment: Oppenheimer increased its target on Lam Research to $400 from $330 and reiterated an Outperform rating, saying its bus tour strengthened confidence in AI-related WFE growth potential. Lam Research Corporation (LRCX)’s WFE Opportunity May Be Bigger Than Expected
• Positive Sentiment: Rothschild & Co Redburn also lifted its price target to $420 from $305 and kept a Buy rating, adding to the bullish analyst momentum around the stock. MarketScreener
• Positive Sentiment: Recent coverage highlighted Lam Research as a top momentum name, with articles pointing to strong earnings growth expectations and a favorable GF Score, reinforcing investor enthusiasm. Are You Looking for a Top Momentum Pick? Why Lam Research (LRCX) is a Great Choice
• Neutral Sentiment: Some market commentary compared Lam Research with Texas Instruments and suggested TXN may be the more attractive valuation play, but this was more a relative-value debate than a direct negative catalyst for LRCX. TXN vs. LRCX: Which Semiconductor Stock Is the Better Buy Right Now?
• Negative Sentiment: One note reported heavy put-option buying in Lam Research, which can signal that some traders are hedging against near-term downside or volatility. Stock Traders Buy High Volume of Put Options on Lam Research (NASDAQ:LRCX)

Analyst Ratings Changes

A number of brokerages have recently weighed in on LRCX. Cantor Fitzgerald set a $425.00 price target on Lam Research and gave the company an “overweight” rating in a report on Wednesday, June 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Lam Research in a report on Thursday, April 23rd. Jefferies Financial Group boosted their target price on shares of Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Raymond James Financial set a $425.00 target price on shares of Lam Research in a report on Wednesday, June 10th. Finally, Berenberg Bank raised their price target on shares of Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Twenty-eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $333.62.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $389.04 on Friday. The firm’s 50 day moving average is $298.90 and its two-hundred day moving average is $240.53. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $486.52 billion, a P/E ratio of 73.40, a PEG ratio of 3.08 and a beta of 1.85. Lam Research Corporation has a 52 week low of $87.75 and a 52 week high of $401.00.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. During the same quarter in the previous year, the firm posted $1.04 EPS. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Analysts anticipate that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 annualized dividend and a yield of 0.3%. Lam Research’s payout ratio is presently 19.62%.

Insider Transactions at Lam Research

In other news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the sale, the director owned 199,205 shares in the company, valued at $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at $18,102,312. The trade was a 11.58% 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. In the last 90 days, insiders have sold 86,339 shares of company stock valued at $27,680,267. Corporate insiders own 0.31% of the company’s stock.

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.