Wallace Hart LLC Takes $1.16 Million Position in Lam Research Corporation $LRCX

Wallace Hart LLC acquired a new stake in Lam Research Corporation (NASDAQ:LRCX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,671 shares of the semiconductor company’s stock, valued at approximately $1,161,000. Lam Research accounts for about 0.9% of Wallace Hart LLC’s holdings, making the stock its 20th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LRCX. IMG Wealth Management Inc. acquired a new position in shares of Lam Research during the 2nd quarter worth $26,000. Howard Hughes Medical Institute acquired a new position in shares of Lam Research during the 2nd quarter worth approximately $27,000. Sound Income Strategies LLC acquired a new stake in Lam Research during the 3rd quarter valued at $41,000. Strategic Wealth Investment Group LLC purchased a new position in Lam Research during the second quarter worth $29,000. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of Lam Research in the third quarter valued at $44,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Bank of America boosted their price objective on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. JPMorgan Chase & Co. boosted their price target on Lam Research from $165.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. B. Riley reissued a “buy” rating on shares of Lam Research in a report on Thursday, January 15th. Cantor Fitzgerald restated an “overweight” rating and set a $320.00 price objective (up from $265.00) on shares of Lam Research in a research note on Thursday. Finally, Stifel Nicolaus increased their target price on shares of Lam Research from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $238.32.

Insiders Place Their Bets

In related news, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. This trade represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.31% of the company’s stock.

Lam Research Trading Up 1.7%

Lam Research stock opened at $237.50 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $251.87. The stock has a market cap of $296.58 billion, a P/E ratio of 48.67, a PEG ratio of 2.62 and a beta of 1.78. The firm’s fifty day moving average price is $189.04 and its 200-day moving average price is $147.62.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The company’s revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities research analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Wednesday, December 3rd. Lam Research’s payout ratio is currently 21.31%.

Lam Research News Summary

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

• Positive Sentiment: Lam announced a multi‑year R&D collaboration with CEA‑Leti to accelerate pathfinding of new materials and processes for specialty technologies (MEMS, sensors, power/RF, photonics/MicroLED, optical interconnects) — a move that supports AI and edge-device demand and extends Lam’s addressable market. Lam Research and CEA-Leti Expand Research and Development Collaboration to Advance Fabrication of Specialty Technologies
• Positive Sentiment: Market coverage has turned more bullish after Lam’s January quarter: multiple firms raised price targets and issued upgrades following the revenue/earnings beat and higher guidance, reinforcing investor confidence. Analysts Lift Price Targets on Lam Research Corporation (LRCX ) Following Strong Quarter Results
• Positive Sentiment: Coverage reports note several specific price‑target raises and at least one upgrade (multiple outlets flagged targets raised to the $235–$300 range), signaling rising sell‑side conviction after the strong print and AI demand commentary. Lam Research (NASDAQ:LRCX) Price Target Raised to $235.00
• Neutral Sentiment: Sector context: a MarketBeat piece on KLA highlights how peer earnings and differing WFE market definitions can cause swings in wafer‑fab equipment stocks; it suggests Lam’s stronger WFE growth outlook is intact but market reactions can be volatile. KLA Sank After Earnings—Then Analysts Started Raising Targets
• Neutral Sentiment: Analysis pieces question how much weight to place on sell‑side ratings versus fundamentals; useful for investors deciding whether recent upgrades justify adding exposure. Is It Worth Investing in Lam Research (LRCX) Based on Wall Street’s Bullish Views?

About Lam Research

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.