Lam Research Corporation $LRCX is Signature Resources Capital Management LLC’s 5th Largest Position

Signature Resources Capital Management LLC lifted its stake in Lam Research Corporation (NASDAQ:LRCX) by 36.2% in the second quarter, HoldingsChannel reports. The firm owned 9,718 shares of the semiconductor company’s stock after purchasing an additional 2,584 shares during the period. Lam Research accounts for 1.7% of Signature Resources Capital Management LLC’s holdings, making the stock its 5th biggest position. Signature Resources Capital Management LLC’s holdings in Lam Research were worth $4,211,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 12,936 shares in the last quarter. Caxton Associates LLP purchased a new position in shares of Lam Research in the first quarter worth approximately $239,000. Gabelli Funds LLC acquired a new stake in shares of Lam Research during the second quarter valued at approximately $253,000. NewEdge Advisors LLC raised its holdings in shares of Lam Research by 2.7% during the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after acquiring an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. lifted its position in shares of Lam Research by 5,206.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock valued at $77,000 after acquiring an additional 781 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on LRCX shares. Mizuho raised their price objective on shares of Lam Research from $380.00 to $400.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. Jefferies Financial Group set a $335.00 target price on Lam Research and gave the company a “buy” rating in a report on Thursday, July 30th. Rothschild & Co Redburn raised their target price on Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Morgan Stanley lowered their price target on Lam Research from $404.00 to $367.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $390.00 price target on shares of Lam Research in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $358.47.

Lam Research Trading Up 4.7%

Shares of NASDAQ LRCX opened at $326.11 on Thursday. The business has a 50 day simple moving average of $338.86 and a 200 day simple moving average of $281.96. Lam Research Corporation has a 52 week low of $94.11 and a 52 week high of $438.50. The stock has a market cap of $408.07 billion, a price-to-earnings ratio of 56.62, a PEG ratio of 1.24 and a beta of 1.84. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.13. The firm had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, research analysts predict that Lam Research Corporation will post 9.32 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were issued a dividend of $0.26 per share. The ex-dividend date was Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is currently 18.06%.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Strong earnings and raised forecasts: Lam Research recently exceeded quarterly earnings and revenue expectations, with revenue up 30% year over year. Erste Group Bank raised its fiscal 2027 EPS estimate to $9.27 from $8.05, broadly in line with the $9.32 consensus forecast. The company also issued fiscal first-quarter 2027 EPS guidance of $2.00–$2.30, reinforcing expectations for continued growth.
• Positive Sentiment: AI-driven equipment demand: Analysts continue to identify LRCX as a leading AI-related semiconductor equipment stock, citing strong results, growth prospects and potential upside as chipmakers increase capital spending to support AI infrastructure. Buy and Hold These 2 Top-Ranked AI-Led Semiconductor Equipment Stocks
• Positive Sentiment: Expansion into panel-level packaging: Lam is entering panel-level packaging, an emerging market intended to support larger, more complex AI chips. The move could provide an additional growth avenue beyond its core wafer-fabrication equipment business. Lam Research Enters Panel-Level Packaging: Is This a Growth Catalyst?
• Positive Sentiment: Workforce-development partnership: Lam and NY CREATES will use Lam’s Semiverse virtual-fabrication platform to help train approximately 3,500 university students in semiconductor process integration over five years. The initiative strengthens industry relationships and supports the labor pipeline, though its financial impact is likely long term. Lam Research and NY Creates Team Up to Enable Training of University Students for the Semiconductor Workforce
• Neutral Sentiment: Investor attention remains elevated: Jim Cramer’s upcoming semiconductor-focused call may increase visibility for LRCX, but any impact depends on his comments and is primarily sentiment-driven. 5 Semiconductor Stocks Jim Cramer Could Be Talking About on Thursday
• Neutral Sentiment: Short-interest data is unreliable: A report showing zero shares sold short and a zero-day short ratio appears to reflect faulty or incomplete data, so it offers little actionable information for investors.
• Negative Sentiment: Potential long-term industry competition: SpaceX’s proposed Terrafab facility could challenge the current memory-chip supply structure. The threat is aimed mainly at Micron, SK Hynix and Samsung, but broader changes in semiconductor manufacturing could affect equipment demand and industry dynamics over time.

Insider Activity at Lam Research

In related news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were 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 directly owned 199,205 shares in the company, valued at approximately $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the stock in a transaction on Monday, July 13th. The stock was sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the transaction, the director directly owned 87,142 shares in the company, valued at $29,192,570. The trade was a 17.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 80,441 shares of company stock valued at $27,614,296. Insiders own 0.31% of the company’s stock.

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.