Banque Pictet & Cie SA Sells 51,793 Shares of Lam Research Corporation $LRCX

Banque Pictet & Cie SA reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 33.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 104,821 shares of the semiconductor company’s stock after selling 51,793 shares during the quarter. Banque Pictet & Cie SA’s holdings in Lam Research were worth $17,943,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Lingohr Asset Management GmbH boosted its stake in Lam Research by 590.7% during the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after buying an additional 50,933 shares during the period. Mediolanum International Funds Ltd increased its stake in Lam Research by 52.0% in the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock valued at $34,417,000 after purchasing an additional 89,856 shares in the last quarter. First Citizens Bank & Trust Co. lifted its holdings in Lam Research by 8.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock valued at $18,804,000 after buying an additional 10,408 shares in the last quarter. Thoroughbred Financial Services LLC raised its position in Lam Research by 115.2% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after purchasing an additional 11,883 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its holdings in Lam Research by 30.9% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock valued at $19,369,000 after acquiring an additional 34,147 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. HSBC lifted their price target on Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a report on Friday, January 30th. Argus raised their target price on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Zacks Research raised Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Lam Research in a research report on Monday, December 29th. Finally, B. Riley Financial reissued a “buy” rating on shares of Lam Research in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lam Research presently has an average rating of “Moderate Buy” and an average target price of $245.35.

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 4,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $232.50, for a total value of $930,000.00. Following the sale, the insider directly owned 54,705 shares in the company, valued at approximately $12,718,912.50. The trade was a 6.81% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 130,886 shares of company stock valued at $29,658,802 over the last three months. Company insiders own 0.31% of the company’s stock.

Lam Research Price Performance

NASDAQ LRCX opened at $222.01 on Thursday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $256.68. The firm has a market capitalization of $277.24 billion, a PE ratio of 45.49, a P/E/G ratio of 2.30 and a beta of 1.78. The company’s 50 day simple moving average is $227.05 and its 200 day simple moving average is $183.95. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61.

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

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s payout ratio is presently 21.31%.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Q4 / recent results and demand signal continued strength — coverage notes that Lam’s Q4 showed robust revenue growth and margin expansion, supporting the view that AI-driven capex is lifting order activity. Strong Demand Lifted Lam Research Corporation (LRCX) in Q4
• Positive Sentiment: Analyst price-target bump — New Street raised its price target from $140 to $235 (while keeping a neutral rating), signaling more upside to consensus valuation assumptions and helping sentiment around the stock. New Street Adjusts Price Target on Lam Research
• Positive Sentiment: Industry AI tailwinds — sector pieces highlight broad AI-driven demand for memory and wafer fab equipment, which supports long-term secular growth for suppliers like Lam. Investors are treating Lam as a prime beneficiary of increased fab capex. Lam Research Corporation (LRCX): Billionaire Ray Dalio Trims Stake in Chip Stock
• Positive Sentiment: Bullish research/features — multiple pieces (Zacks, Seeking Alpha, MSN) reiterate Lam as a long-term pick given market position, improving operating metrics, and exposure to AI and foundry spending. Why Lam Research (LRCX) is a top stock for the long term
• Neutral Sentiment: Upcoming earnings call — Lam scheduled its March-quarter conference call for April 22; this will be the next formal catalyst where management can update demand visibility and guidance. Lam Research Announces March Quarter Financial Conference Call
• Neutral Sentiment: Company profile / coverage roundup — general profiles and previews are circulating; useful for context but less likely to move the stock absent new data. Lam Research Corporation — CNN Markets
• Negative Sentiment: Institutional trimming — Bridgewater/Ray Dalio’s fund trimmed a previously disclosed position, which can weigh on sentiment when a well-known investor reduces exposure. Lam Research Corporation (LRCX): Billionaire Ray Dalio Trims Stake in Chip Stock
• Negative Sentiment: Supply-chain risk — reporting on a possible Middle East-related helium shortage highlights a non-demand operational risk that could constrain equipment throughput or service for certain tools. Middle East Helium Shock Puts Lam Research Supply Chain In Focus

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.