Lam Research Corporation $LRCX Stock Acquired by Burr Financial Services LLC

Burr Financial Services LLC grew its position in Lam Research Corporation (NASDAQ:LRCX) by 27.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,330 shares of the semiconductor company’s stock after purchasing an additional 1,780 shares during the period. Lam Research makes up 1.7% of Burr Financial Services LLC’s holdings, making the stock its 15th largest position. Burr Financial Services LLC’s holdings in Lam Research were worth $2,736,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of LRCX. New Covenant Trust Company N.A. raised its stake in shares of Lam Research by 8.7% during the 3rd quarter. New Covenant Trust Company N.A. now owns 1,532 shares of the semiconductor company’s stock valued at $503,000 after buying an additional 122 shares during the last quarter. Quintet Private Bank Europe S.A. boosted its stake in shares of Lam Research by 100.0% in the third quarter. Quintet Private Bank Europe S.A. now owns 100 shares of the semiconductor company’s stock worth $33,000 after buying an additional 50 shares during the last quarter. Whalen Wealth Management Inc. boosted its stake in shares of Lam Research by 48.7% in the third quarter. Whalen Wealth Management Inc. now owns 4,195 shares of the semiconductor company’s stock worth $1,378,000 after buying an additional 1,373 shares during the last quarter. Vann Equity Management LLC grew its holdings in Lam Research by 1.1% during the third quarter. Vann Equity Management LLC now owns 2,873 shares of the semiconductor company’s stock worth $944,000 after acquiring an additional 31 shares during the period. Finally, Puff Wealth Management LLC raised its position in Lam Research by 21.2% during the third quarter. Puff Wealth Management LLC now owns 1,040 shares of the semiconductor company’s stock valued at $342,000 after acquiring an additional 182 shares in the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research News Roundup

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

• Positive Sentiment: Lam Research is benefiting from continued investment in AI chips, advanced packaging and high-bandwidth memory (HBM), which is increasing demand for the company’s wafer-fabrication equipment. The stock is reportedly up about 73% this year and ranks highly among stocks with strong return on equity. Is Lam Research a Smart AI Stock Pick for Long-Term Investors?
• Positive Sentiment: Recent analysis continues to highlight Lam’s earnings growth, improving margins and consistent profitability. Its latest reported quarter exceeded consensus expectations, with revenue rising 30% year over year and EPS surpassing estimates, reinforcing the bullish fundamental case.
• Positive Sentiment: Zacks included Lam Research among chip stocks with dependable earnings that could benefit from the AI boom, alongside NVIDIA, Applied Materials and TSMC. This keeps LRCX prominent among investors seeking semiconductor exposure. 4 Top Chip Stocks With Dependable Earnings to Ride the AI Boom
• Neutral Sentiment: Lam Research is one of the most-watched stocks on Zacks, but the “trending stock” coverage reflects investor interest rather than a new company announcement or earnings catalyst. Lam Research Is a Trending Stock
• Negative Sentiment: Valuation remains the main risk. Analysts note that Lam trades at a premium to KLA relative to trailing free cash flow, so continued gains may require sustained AI-driven growth and execution. A modest premarket decline in Europe also points to some near-term caution. Lam Research vs. KLA
• Neutral Sentiment: One article references an abdominoplasty clinical trial while attributing it to Lam Research, which appears unrelated to the semiconductor-equipment company and should not be treated as relevant investment news.

Wall Street Analyst Weigh In

LRCX has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $320.00 price target on shares of Lam Research in a report on Thursday, July 30th. Morgan Stanley reiterated an “overweight” rating and issued a $385.00 price objective (up from $367.00) on shares of Lam Research in a research report on Monday. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Citigroup restated a “buy” rating and issued a $450.00 price target (up from $315.00) on shares of Lam Research in a research note on Wednesday, June 17th. Finally, Raymond James Financial set a $425.00 price target on Lam Research in a report on Wednesday, June 10th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $364.59.

Insider Transactions at Lam Research

In related news, Director Bethany Mayer sold 9,557 shares of Lam Research 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 approximately $6,607,966.30. The trade was a 31.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ava Harter sold 5,000 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares in the company, valued at $12,843,056.52. This represents a 10.53% decrease in their position. 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 three months, insiders have sold 32,839 shares of company stock worth $10,644,740. 0.31% of the stock is currently owned by insiders.

Lam Research Price Performance

Shares of Lam Research stock traded down $8.88 on Thursday, hitting $320.63. 3,153,550 shares of the company were exchanged, compared to its average volume of 10,695,956. 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 company has a 50-day moving average price of $310.02 and a 200 day moving average price of $305.12. The stock has a market capitalization of $401.25 billion, a price-to-earnings ratio of 55.83, a price-to-earnings-growth ratio of 1.32 and a beta of 1.85. Lam Research Corporation has a 1-year low of $131.02 and a 1-year high of $438.50.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The company had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. Lam Research’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.33 earnings per share. 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 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be paid a $0.33 dividend. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.4%. Lam Research’s payout ratio is presently 22.92%.

About Lam Research

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.