SVB Wealth LLC Has $10.27 Million Stake in Lam Research Corporation $LRCX

SVB Wealth LLC reduced its holdings in Lam Research Corporation (NASDAQ:LRCX) by 20.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,695 shares of the semiconductor company’s stock after selling 6,059 shares during the quarter. SVB Wealth LLC’s holdings in Lam Research were worth $10,268,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of LRCX. Fideuram Asset Management Ireland dac bought a new stake in shares of Lam Research in the fourth quarter valued at about $10,035,000. Rokos Capital Management LLP grew its holdings in shares of Lam Research by 42.0% during the first quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after buying an additional 76,840 shares in the last quarter. Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of Lam Research during the first quarter worth about $59,973,000. Y Intercept Hong Kong Ltd acquired a new stake in Lam Research in the 1st quarter valued at approximately $26,489,000. Finally, Krilogy Financial LLC raised its position in Lam Research by 19.5% in the 1st quarter. Krilogy Financial LLC now owns 28,111 shares of the semiconductor company’s stock valued at $6,006,000 after buying an additional 4,584 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Trading Up 4.2%

Shares of Lam Research stock opened at $320.42 on Wednesday. Lam Research Corporation has a 12-month low of $104.46 and a 12-month high of $438.50. The stock has a market cap of $400.95 billion, a P/E ratio of 55.63, a P/E/G ratio of 1.22 and a beta of 1.85. 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 business’s 50 day moving average is $317.01 and its 200-day moving average is $292.86.

Lam Research (NASDAQ:LRCX) last released its earnings results 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 business had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The firm’s revenue was up 30.0% on a year-over-year basis. During the same period last year, the business earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities research analysts predict that Lam Research Corporation will post 9.33 earnings per share for the current fiscal year.

Lam Research Increases Dividend

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

Lam Research News Summary

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

• Positive Sentiment: AI and memory demand support the outlook. Spending on AI chips, high-bandwidth memory and advanced DRAM is increasing demand for semiconductor-manufacturing equipment. Higher earnings estimates have reinforced expectations for Lam Research’s future growth. Why Is Lam Research Corp LRCX Stock Suddenly Gaining Momentum?
• Positive Sentiment: Strong operating results remain a catalyst. Lam Research recently exceeded quarterly EPS and revenue estimates, with revenue up 30% year over year. The company’s guidance and anticipated earnings growth continue to support the bullish long-term case. 3 Reasons We’re Fans of Lam Research
• Positive Sentiment: Analyst sentiment is supportive. Brokerages have assigned Lam Research a consensus “Moderate Buy” rating, while investment commentary continues to identify LRCX as a potentially market-beating long-term semiconductor stock. Lam Research Receives Consensus Rating of Moderate Buy
• Neutral Sentiment: Relative performance is drawing attention. LRCX has substantially outperformed many technology and computer-equipment peers, gaining about 45.5% over six months and nearly tripling over the past year. Upcoming management presentations could provide additional information on customer spending trends. Is Lam Research Outpacing Its Computer and Technology Peers This Year?
• Neutral Sentiment: Technical signals are mixed. Momentum indicators were described as mixed, with MACD and RSI neutral but Williams %R signaling buying interest. A separate report discusses LRCX in the context of portfolio rotation and market timing rather than a fundamental company development. How Lam Research Affects Rotational Strategy Timing
• Negative Sentiment: Valuation raises risk after the rally. With LRCX trading near its upper historical range and at an elevated earnings multiple, additional upside may depend on continued earnings growth and sustained AI-related spending. Any slowdown in customer capital expenditures could trigger profit-taking. Lam Research Nearly Triples in a Year: Is the Stock Still Worth Buying?

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price target (up from $330.00) on shares of Lam Research in a research report on Monday, June 15th. Evercore reiterated an “outperform” rating and issued a $355.00 price objective on shares of Lam Research in a report on Monday, July 20th. Susquehanna reissued a “positive” rating and issued a $475.00 price objective (up from $385.00) on shares of Lam Research in a research report on Tuesday, June 30th. TD Cowen restated a “buy” rating and set a $400.00 target price (up from $340.00) on shares of Lam Research in a report on Thursday, July 9th. Finally, Mizuho reduced their target price on shares of Lam Research from $370.00 to $365.00 and set an “outperform” rating for the company in a report on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $361.81.

Insider Activity

In other news, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the completion of the transaction, the insider owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This trade represents a 10.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the transaction, 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 77,782 shares of company stock valued at $26,755,370 in the last quarter. Company insiders own 0.31% of the company’s stock.

Lam Research Profile

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.