Means Investment CO. Inc. Sells 2,321 Shares of Lam Research Corporation $LRCX

Means Investment CO. Inc. trimmed its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 3.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 59,071 shares of the semiconductor company’s stock after selling 2,321 shares during the period. Lam Research makes up approximately 0.7% of Means Investment CO. Inc.’s holdings, making the stock its 25th largest position. Means Investment CO. Inc.’s holdings in Lam Research were worth $7,910,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. IMG Wealth Management Inc. bought a new stake in Lam Research in the second quarter worth $26,000. Howard Hughes Medical Institute purchased a new position in shares of Lam Research in the 2nd quarter worth about $27,000. Sound Income Strategies LLC bought a new position in Lam Research in the 3rd quarter worth about $41,000. Strategic Wealth Investment Group LLC bought a new position in Lam Research in the 2nd quarter worth about $29,000. Finally, Tripletail Wealth Management LLC purchased a new stake in Lam Research during the 3rd quarter valued at about $44,000. 84.61% of the stock is owned by institutional investors.

Lam Research Stock Performance

LRCX stock opened at $229.28 on Tuesday. The company has a market cap of $286.32 billion, a P/E ratio of 46.98, a price-to-earnings-growth ratio of 2.49 and a beta of 1.78. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $251.87. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The stock’s fifty day moving average price is $195.87 and its 200-day moving average price is $151.97.

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

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio is 21.31%.

Key Lam Research News

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

• Positive Sentiment: Sanford C. Bernstein raised its price target to $285 and kept an “outperform” rating, signaling continued analyst confidence in LRCX’s growth runway. Bernstein Adjusts Price Target on Lam Research
• Positive Sentiment: Another outlet raised Lam’s price target to $265, reinforcing upward analyst revisions that can support valuation. Price Target Raised to $265
• Positive Sentiment: Lam announced a dividend that drove an earlier ~8% stock pop, showing management willingness to return capital and boosting near‑term investor sentiment. Dividend Announcement Lifted Stock
• Positive Sentiment: Industry commentary (Zacks, The Motley Fool) highlights strong secular demand for AI, ML and memory chips — a tailwind for Lam’s wafer‑fabrication equipment business and revenue visibility. 3 Stocks to Buy From the Prospering Semiconductor Industry This Growth Stock Continues to Crush the Market
• Neutral Sentiment: Technically, LRCX crossed above its 20‑day moving average, a short‑term bullish signal that may attract momentum traders. 20-Day Moving Average Crossover
• Negative Sentiment: A leadership shift and a strategic alliance with CEA‑Leti prompted an analysis questioning whether some of Lam’s recent multiple expansion is justified, raising short‑term valuation concerns. Leadership Shift And CEA Leti Alliance Spark Valuation Questions
• Negative Sentiment: Director Eric Brandt sold 35,000 shares (~$7.9M) last week, materially reducing his stake; insider sales can spook investors even if not unusual. Director Eric Brandt Form 4
• Negative Sentiment: Unusual options flow: ~85,762 put contracts were bought (≈+112% vs. average), indicating elevated downside hedging or bearish positioning by some traders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on LRCX shares. Evercore set a $275.00 target price on shares of Lam Research in a research note on Thursday, January 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $290.00 price objective (up from $260.00) on shares of Lam Research in a research report on Thursday, January 29th. Sanford C. Bernstein increased their target price on Lam Research from $275.00 to $285.00 and gave the company an “outperform” rating in a research note on Monday. Weiss Ratings restated a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. Finally, Argus increased their price objective on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $244.88.

Insider Buying and Selling

In related news, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the sale, the director directly owned 253,705 shares in the company, valued at approximately $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.31% of the company’s stock.

Lam Research Company 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.