Commonwealth Equity Services LLC Cuts Stake in Lam Research Corporation $LRCX

Commonwealth Equity Services LLC lowered its holdings in Lam Research Corporation (NASDAQ:LRCX) by 17.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 426,094 shares of the semiconductor company’s stock after selling 88,005 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Lam Research were worth $57,054,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sava Infond d.o.o. lifted its holdings in Lam Research by 3.1% in the second quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock valued at $7,325,000 after acquiring an additional 2,250 shares during the last quarter. Horizon Bancorp Inc. IN purchased a new stake in Lam Research in the second quarter valued at $389,000. Empowered Funds LLC lifted its stake in shares of Lam Research by 10.5% in the 1st quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock valued at $13,629,000 after purchasing an additional 17,833 shares during the last quarter. Genus Capital Management Inc. acquired a new position in shares of Lam Research in the 2nd quarter valued at $14,476,000. Finally, Diversified Trust Co grew its holdings in shares of Lam Research by 34.4% during the 3rd quarter. Diversified Trust Co now owns 31,922 shares of the semiconductor company’s stock worth $4,274,000 after purchasing an additional 8,172 shares during the period. 84.61% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on LRCX shares. Citigroup boosted their price objective on shares of Lam Research from $175.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Stifel Nicolaus set a $160.00 price objective on shares of Lam Research and gave the company a “buy” rating in a report on Thursday, October 23rd. Berenberg Bank upped their price target on Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Hsbc Global Res raised shares of Lam Research to a “hold” rating in a research report on Tuesday, September 30th. Finally, Wells Fargo & Company raised their target price on Lam Research from $135.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 23rd. Twenty-six research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $161.21.

Insider Buying and Selling

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the transaction, the chief financial officer owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ava Harter sold 9,010 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total value of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 102,608 shares of company stock valued at $14,916,496 over the last 90 days. Insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

Shares of Lam Research stock opened at $206.96 on Wednesday. The firm’s fifty day simple moving average is $163.12 and its 200-day simple moving average is $130.94. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $210.45. The stock has a market capitalization of $259.95 billion, a price-to-earnings ratio of 45.59, a PEG ratio of 2.25 and a beta of 1.77. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same period last year, the firm posted $0.86 EPS. Lam Research’s revenue for the quarter was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a yield of 0.5%. Lam Research’s dividend payout ratio is currently 22.91%.

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.