Braun Stacey Associates Inc. Decreases Stake in Lam Research Corporation $LRCX

Braun Stacey Associates Inc. decreased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 16.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,347 shares of the semiconductor company’s stock after selling 33,311 shares during the quarter. Braun Stacey Associates Inc.’s holdings in Lam Research were worth $27,962,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Lam Research by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after acquiring an additional 364,949 shares during the last quarter. State Street Corp lifted its stake in Lam Research by 0.4% in the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after purchasing an additional 265,805 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Lam Research by 18.2% during the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after purchasing an additional 3,263,658 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Lam Research by 781.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock valued at $1,518,542,000 after purchasing an additional 10,053,978 shares in the last quarter. Finally, Nordea Investment Management AB increased its holdings in shares of Lam Research by 6.8% in the third quarter. Nordea Investment Management AB now owns 11,312,752 shares of the semiconductor company’s stock valued at $1,512,854,000 after purchasing an additional 718,178 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of the company’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 sale, the director directly owned 253,705 shares of the company’s stock, valued at $57,235,848. This represents a 12.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Ava Harter sold 4,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total transaction of $930,000.00. Following the sale, the insider owned 54,705 shares in the company, valued at approximately $12,718,912.50. This trade represents a 6.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 130,886 shares of company stock worth $29,658,802. Corporate insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on LRCX shares. Stifel Nicolaus boosted their price objective on Lam Research from $250.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Bank of America lifted their price target on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Wells Fargo & Company boosted their price target on shares of Lam Research from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Citic Securities upped their price objective on shares of Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 30th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $290.00 price objective (up from $260.00) on shares of Lam Research in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $245.35.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $218.44 on Friday. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $272.78 billion, a PE ratio of 44.76, a PEG ratio of 2.35 and a beta of 1.78. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $256.68. The stock has a fifty day simple moving average of $227.02 and a 200-day simple moving average of $185.33.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The company had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.Lam Research’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same period last year, the business posted $0.91 EPS. 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. Investors of record on Wednesday, March 4th will be issued a $0.26 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research’s payout ratio is 21.31%.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Analyst upgrades and a higher price target pushed bullish flows — recent coverage flagged an upgrade and a price‑target raise to $235, which helped shares rally earlier in the session. Lam Research Shares Up on Analyst Upgrade Price Target Raised to $235
• Positive Sentiment: Analysts and outlets are naming LRCX among top semiconductor‑equipment picks as semiconductor capex and AI chip demand accelerate — this thematic coverage supports expectations for stronger order cycles and revenue visibility. Semiconductor Capex Rising 2 AI Pick-and-Shovel Stocks
• Neutral Sentiment: The company scheduled its March quarter conference call for April 22 — investor focus will shift to management’s commentary on order trends and FY guidance, which could move the stock depending on the tone. March Quarter Conference Call
• Neutral Sentiment: Coverage pieces highlighting LRCX as a long‑term buy and mentions in “best stock” lists support investor interest, but are more sentiment drivers than immediate catalysts. Why Lam Research Is a Top Stock for the Long Term
• Neutral Sentiment: Institutional moves: reports show Bridgewater (Ray Dalio) trimmed its stake—worth noting for positioning, but not an immediate operational signal. Ray Dalio Trims Stake
• Negative Sentiment: Regulatory risk increased after lawmakers proposed tougher restrictions on exports of chipmaking tools to China, which would raise geopolitical and revenue uncertainty for equipment suppliers like Lam. US Lawmakers Propose Crackdown on Chip Tool Sales to China
• Negative Sentiment: Erste Group downgraded LRCX from Buy to Hold, a direct negative analyst signal that likely weighed on intraday sentiment despite other upgrades. Erste Downgrades Lam Research

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.