Choreo LLC Has $4.54 Million Stock Holdings in Lam Research Corporation $LRCX

Choreo LLC lowered its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 20.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,321 shares of the semiconductor company’s stock after selling 8,771 shares during the quarter. Choreo LLC’s holdings in Lam Research were worth $4,537,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Clifford Swan Investment Counsel LLC lifted its position in shares of Lam Research by 1.0% in the third quarter. Clifford Swan Investment Counsel LLC now owns 16,727 shares of the semiconductor company’s stock worth $2,240,000 after purchasing an additional 167 shares in the last quarter. Advisor OS LLC increased its stake in Lam Research by 34.7% in the 3rd quarter. Advisor OS LLC now owns 4,005 shares of the semiconductor company’s stock valued at $536,000 after buying an additional 1,032 shares during the last quarter. Westpac Banking Corp lifted its position in Lam Research by 24.1% during the 3rd quarter. Westpac Banking Corp now owns 19,805 shares of the semiconductor company’s stock worth $2,652,000 after buying an additional 3,852 shares in the last quarter. Interchange Capital Partners LLC lifted its position in Lam Research by 38.4% during the 3rd quarter. Interchange Capital Partners LLC now owns 7,154 shares of the semiconductor company’s stock worth $958,000 after buying an additional 1,985 shares in the last quarter. Finally, Brucke Financial Inc. boosted its stake in shares of Lam Research by 34.1% during the 3rd quarter. Brucke Financial Inc. now owns 3,283 shares of the semiconductor company’s stock worth $440,000 after buying an additional 834 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Lam Research Trading Down 2.2%

Shares of Lam Research stock opened at $233.89 on Friday. 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 business has a fifty day simple moving average of $216.90 and a two-hundred day simple moving average of $164.81. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $256.68. The company has a market capitalization of $292.07 billion, a price-to-earnings ratio of 47.93, a P/E/G ratio of 2.57 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. The company had revenue of $5.34 billion for 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 firm earned $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Research analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.4%. Lam Research’s dividend payout ratio (DPR) is 21.31%.

Key Lam Research News

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

• Positive Sentiment: Analyst upgrade lifted sentiment and earlier trading pushed LRCX to a 12‑month high, showing that buy-side momentum and improved estimates can drive near-term upside. Lam Research (NASDAQ:LRCX) Trading Up 2.1% After Analyst Upgrade
• Positive Sentiment: Lam is doubling down on specialty memory and close customer ties: a new Boise office to collaborate with Micron and a CEA‑Leti partnership for next‑gen specialty semiconductors — moves that could win design‑centered R&D work and drive equipment demand over the medium term. Leadership changes accompany the shift, signaling execution focus. Lam Research Resets Around Micron Partnership And Specialty Chip Expansion
• Positive Sentiment: Coverage and bullish commentary (including a prominent outlet projecting strong outperformance vs. peers) are adding investor attention and a constructive narrative around LRCX’s AI- and memory-related exposure. This can support multiple expansion if results and end‑market demand stay strong. Prediction: This AI Stock Will Be Worth More Than AMD by the End of 2026
• Neutral Sentiment: Market attention is high — LRCX is among the most‑searched names and recent pieces revisit the post‑earnings setup, suggesting elevated retail/institutional scrutiny that can amplify moves in either direction. Investors Heavily Search Lam Research Corporation (LRCX): Here is What You Need to Know
• Negative Sentiment: Sector‑level profit‑taking around Nvidia’s earnings (“buy the rumor, sell the news”) triggered a broader semiconductor pullback that hit Lam harder than the market; several reports note multi‑percent intraday drops. Short‑term market dynamics, not company fundamentals, appear to be the main driver of the recent down moves. Applied Materials, Broadcom, Lam Research, Western Digital, and Allegro MicroSystems Shares Are Falling, What You Need To Know
• Negative Sentiment: Standalone headlines highlight steeper declines versus the broader market and note the stock is lower since the last earnings report — a reminder that even after an earnings beat and solid guidance, cyclical demand and sentiment swings can pressure the shares. Lam Research (LRCX) Down 3.7% Since Last Earnings Report: Can It Rebound?

Insider Activity

In other news, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.31% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Lam Research from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Morgan Stanley raised their price target on Lam Research from $244.00 to $254.00 and gave the company an “equal weight” rating in a research note on Wednesday. Stifel Nicolaus boosted their price target on Lam Research from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. UBS Group set a $300.00 price objective on Lam Research in a research note on Thursday, January 29th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $320.00 target price (up from $265.00) on shares of Lam Research in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $245.19.

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.