M Holdings Securities Inc. Makes New Investment in Lam Research Corporation $LRCX

M Holdings Securities Inc. bought a new position in Lam Research Corporation (NASDAQ:LRCX) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,622 shares of the semiconductor company’s stock, valued at approximately $861,000.

Several other institutional investors also recently modified their holdings of LRCX. State Street Corp increased its stake in shares of Lam Research by 2.6% during the second quarter. State Street Corp now owns 60,704,130 shares of the semiconductor company’s stock valued at $26,320,468,000 after purchasing an additional 1,545,830 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Lam Research by 5.5% in the 2nd quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock worth $4,872,426,000 after buying an additional 584,489 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of Lam Research by 411.8% in the 2nd quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company’s stock worth $4,805,368,000 after buying an additional 8,922,854 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Lam Research in the 2nd quarter worth approximately $3,777,585,000. Finally, Amundi increased its position in Lam Research by 23.7% during the 1st quarter. Amundi now owns 10,147,479 shares of the semiconductor company’s stock valued at $2,168,107,000 after buying an additional 1,942,862 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

More Lam Research News

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

• Positive Sentiment: Lam’s gross margin reached a record 52.4% in Q1 2027, supported by strong demand and a favorable product mix. This points to strong profitability, though supply constraints could limit further improvement. Lam Research’s Gross Margin Hits 52.4%: Can it Climb Further?
• Positive Sentiment: Recent coverage cited a $25 billion buyback plan, along with AI-related demand and strong earnings, as support for investor interest in the shares. LRCX Gains 8% on a $25B Buyback Plan
• Positive Sentiment: Analyst coverage remains bullish on Lam, while broader investment in high-bandwidth memory capacity could create additional demand for semiconductor manufacturing equipment. Analysts Are Bullish on Top Technology Stocks The Next AI Chip Shortage May Be the Machines That Make HBM
• Neutral Sentiment: Lam appointed longtime employee Kim Tae-won to lead its Korean operations, a region important to the company’s relationships with major chipmakers. The announcement may support execution but provides no immediate financial forecast. Lam Research Names Kim Tae Won To Lead Korea Operations
• Negative Sentiment: ETFs were net sellers of $143.1 million of LRCX shares on Nov. 6, indicating some institutional selling pressure. ETFs Are Net Sellers of Lam Research

Insider Transactions at Lam Research

In other Lam Research news, Director Bethany Mayer sold 9,557 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the sale, the director directly owned 20,995 shares in the company, valued at $6,607,966.30. The trade was a 31.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ava Harter sold 5,000 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares of the company’s stock, valued at $12,843,056.52. The trade was a 10.53% decrease in their position. 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. Over the last 90 days, insiders have sold 14,573 shares of company stock valued at $4,523,606. Corporate insiders own 0.31% of the company’s stock.

Lam Research Stock Up 0.5%

Shares of Lam Research stock opened at $222.39 on Wednesday. The company has a market cap of $277.80 billion, a price-to-earnings ratio of 33.14, a price-to-earnings-growth ratio of 0.82 and a beta of 1.97. The company’s 50 day moving average is $281.18 and its 200 day moving average is $283.65. Lam Research Corporation has a twelve month low of $135.50 and a twelve month high of $438.50. The company has a quick ratio of 1.86, a current ratio of 2.48 and a debt-to-equity ratio of 0.27.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.18 by $0.02. The business had revenue of $8.22 billion during the quarter, compared to the consensus estimate of $8.14 billion. Lam Research had a net margin of 32.34% and a return on equity of 72.15%. The firm’s revenue was up 54.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.26 EPS. Research analysts anticipate that Lam Research Corporation will post 9.60 EPS for the current year.

Lam Research announced that its board has initiated a stock buyback plan on Thursday, November 5th that authorizes the company to repurchase $25 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to purchase up to 9% of its shares through open market purchases. Share buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 6th. Shareholders of record on Wednesday, December 2nd will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 2nd. Lam Research’s dividend payout ratio (DPR) is presently 19.67%.

Analyst Ratings Changes

Several equities research analysts have commented on LRCX shares. Mizuho dropped their target price on Lam Research from $365.00 to $360.00 and set an “outperform” rating on the stock in a report on Thursday, October 22nd. UBS Group reaffirmed a “buy” rating and issued a $400.00 price target (down from $425.00) on shares of Lam Research in a research report on Thursday, October 22nd. HSBC reissued a “hold” rating and set a $333.00 price objective on shares of Lam Research in a research report on Monday, July 27th. Bank of America restated a “buy” rating and set a $345.00 price objective on shares of Lam Research in a research note on Thursday, October 22nd. Finally, Evercore set a $315.00 target price on shares of Lam Research in a report on Tuesday, October 20th. Twenty-six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $357.57.

About Lam Research

Lam Research is a global supplier of equipment and services used to manufacture semiconductors. Its products help chipmakers create and process the microscopic structures that form integrated circuits. The company’s wafer fabrication equipment is used for processes including etch, thin-film deposition and wafer cleaning. Lam also provides services such as equipment maintenance, upgrades, spare parts and other support for chip manufacturing operations. Founded in 1980 and headquartered in Fremont, California, Lam Research serves semiconductor manufacturers around the world.