Fortem Financial Group LLC Increases Stake in Lam Research Corporation $LRCX

Fortem Financial Group LLC boosted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,700 shares of the semiconductor company’s stock after acquiring an additional 2,050 shares during the quarter. Lam Research accounts for 1.5% of Fortem Financial Group LLC’s holdings, making the stock its 20th largest position. Fortem Financial Group LLC’s holdings in Lam Research were worth $5,426,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Valeo Financial Advisors LLC raised its position in Lam Research by 4.4% during the fourth quarter. Valeo Financial Advisors LLC now owns 16,624 shares of the semiconductor company’s stock valued at $2,846,000 after acquiring an additional 703 shares in the last quarter. Swiss Life Asset Management Ltd raised its position in Lam Research by 39.0% during the fourth quarter. Swiss Life Asset Management Ltd now owns 751,566 shares of the semiconductor company’s stock valued at $128,653,000 after acquiring an additional 210,753 shares in the last quarter. Kepler Cheuvreux Suisse SA raised its position in Lam Research by 1,353.0% during the fourth quarter. Kepler Cheuvreux Suisse SA now owns 166,752 shares of the semiconductor company’s stock valued at $28,535,000 after acquiring an additional 155,276 shares in the last quarter. Colonial River Investments LLC raised its position in Lam Research by 31.3% during the fourth quarter. Colonial River Investments LLC now owns 2,549 shares of the semiconductor company’s stock valued at $436,000 after acquiring an additional 607 shares in the last quarter. Finally, Drive Wealth Management LLC raised its position in Lam Research by 16.1% during the fourth quarter. Drive Wealth Management LLC now owns 4,399 shares of the semiconductor company’s stock valued at $754,000 after acquiring an additional 610 shares in the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research Price Performance

Lam Research stock opened at $294.05 on Monday. The stock has a market capitalization of $367.73 billion, a PE ratio of 55.48, a price-to-earnings-growth ratio of 2.43 and a beta of 1.81. Lam Research Corporation has a 12 month low of $74.65 and a 12 month high of $297.99. The business has a 50 day simple moving average of $238.93 and a 200-day simple moving average of $204.97. 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 issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. During the same period in the previous year, the business earned $1.04 earnings per share. The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, analysts anticipate that Lam Research Corporation will post 5.67 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the sale, the senior vice president directly owned 66,129 shares in the company, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

LRCX has been the subject of several recent research reports. BNP Paribas Exane lifted their price target on Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Sanford C. Bernstein boosted their price objective on Lam Research from $285.00 to $325.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Seaport Research Partners initiated coverage on Lam Research in a research report on Monday, May 4th. They issued a “buy” rating and a $300.00 price objective for the company. Stifel Nicolaus boosted their price objective on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Bank of America boosted their price objective on Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Twenty-six analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $285.94.

Lam Research News Roundup

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

• Positive Sentiment: B. Riley raised its price target on Lam Research to $350 from $330 and kept a Buy rating, citing strong earnings and solid execution. Why Analysts Are Growing More Confident In Lam Research (LRCX)
• Positive Sentiment: Erste Group Bank lifted FY2027 EPS estimates for Lam Research to $7.88 from $7.74, suggesting analysts see better long-term earnings power. Lam Research stock page
• Positive Sentiment: Recent coverage highlights Lam Research as an AI-fab beneficiary with orders beating expectations, supporting the case for further upside after a sharp rally. Lam Research (LRCX) Is Up 19.5% After AI-Fab Orders Beat Expectations Has The Bull Case Changed?
• Neutral Sentiment: Some commentary notes the stock has already surged dramatically over the past year, which may raise overbought concerns even as Wall Street remains constructive. Lam Research Has Surged 300% in a Year. Wall Street Sees More Gains Still Ahead
• Neutral Sentiment: Investor articles argue the rally may still have room to run, but that view is speculative rather than a direct fundamental update. Why Lam Research Still Looks Like a Buy After a 300% Rally

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.