Baker Ellis Asset Management LLC Has $19.94 Million Stock Holdings in Lam Research Corporation $LRCX

Baker Ellis Asset Management LLC cut its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 116,472 shares of the semiconductor company’s stock after selling 3,940 shares during the quarter. Lam Research comprises approximately 2.4% of Baker Ellis Asset Management LLC’s portfolio, making the stock its 6th biggest position. Baker Ellis Asset Management LLC’s holdings in Lam Research were worth $19,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. PMV Capital Advisers LLC bought a new position in shares of Lam Research during the fourth quarter valued at $25,000. Stance Capital LLC bought a new position in shares of Lam Research during the third quarter valued at $26,000. Triumph Capital Management bought a new position in shares of Lam Research during the third quarter valued at $27,000. Harbor Investment Advisory LLC increased its holdings in shares of Lam Research by 73.9% during the fourth quarter. Harbor Investment Advisory LLC now owns 240 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 102 shares in the last quarter. Finally, West Branch Capital LLC increased its holdings in shares of Lam Research by 2,620.0% during the fourth quarter. West Branch Capital LLC now owns 272 shares of the semiconductor company’s stock valued at $47,000 after acquiring an additional 262 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 1,500 shares of the business’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the sale, the insider directly owned 53,205 shares in the company, valued at $11,846,625.30. The trade was a 2.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the sale, 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 SEC filing for this sale provides additional information. Insiders sold a total of 130,886 shares of company stock worth $29,658,802 in the last three months. 0.31% of the stock is currently owned by company insiders.

Lam Research Trading Up 9.9%

Lam Research stock opened at $246.49 on Thursday. The business has a 50-day simple moving average of $226.83 and a two-hundred day simple moving average of $187.54. The company has a market cap of $307.81 billion, a P/E ratio of 50.51, a P/E/G ratio of 2.35 and a beta of 1.78. Lam Research Corporation has a 52-week low of $59.92 and a 52-week high of $256.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The business 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 business’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th 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, March 4th. Lam Research’s payout ratio is currently 21.31%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Susquehanna set a $325.00 price objective on Lam Research and gave the stock a “positive” rating in a report on Thursday, January 29th. B. Riley Financial reiterated a “buy” rating on shares of Lam Research in a report on Thursday, January 15th. Zacks Research downgraded Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday. Morgan Stanley lifted their price objective on Lam Research from $254.00 to $260.00 and gave the stock an “equal weight” rating in a report on Monday. Finally, The Goldman Sachs Group set a $262.00 price objective on Lam Research and gave the stock a “buy” rating in a report on Thursday, January 29th. Twenty-seven analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $245.54.

Lam Research News Summary

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

• Positive Sentiment: Q2 fiscal 2026 results and AI demand — Social and coverage summaries emphasize Lam’s Q2 revenue beat (~$5.34B, +22% y/y) and management commentary that AI-related demand is driving strength; traders are focused on the April 22 earnings call for margin guidance and China exposure. Lam Research Stock (LRCX) Opinions on AI-Driven Revenue Growth
• Positive Sentiment: Analyst upgrades & price-target momentum — Recent analyst notes and a Morgan Stanley forecast point to further upside; consensus coverage is heavily skewed to Buy and median price target sits near $262, supporting the bullish trade. Morgan Stanley Forecasts Strong Price Appreciation for Lam Research (NASDAQ:LRCX) Stock
• Positive Sentiment: Cantor Fitzgerald presentation — Management reiterated AI-driven growth, strong operations and multi-year tailwinds at the conference, reinforcing the narrative that Lam is a core supplier for advanced logic and AI chip production. Here’s What Lam Research (LRCX) Highlighted at Cantor Fitzgerald Conference
• Positive Sentiment: Broader market tailwind — A Nasdaq-led rebound lifted semiconductor peers, amplifying gains in LRCX as momentum traders rotate into the group. Nasdaq tech leads strong Wall Street rebound after Iran ceasefire deal
• Neutral Sentiment: Institutional flows mixed — Large portfolio moves are two-sided (some big additions, some large repositions), meaning ownership shifts could amplify volatility but don’t clearly change the long-term story. Lam Research Stock (LRCX) Opinions on AI-Driven Revenue Growth
• Negative Sentiment: Heavy insider selling — Company insiders have only sold shares in recent months (multiple senior executives), which can be read as a near-term red flag for some investors. Lam Research Stock (LRCX) Opinions on AI-Driven Revenue Growth
• Negative Sentiment: Valuation and a small downgrade — Commentary notes elevated valuations that could temper near-term gains, and Zacks moved LRCX from Strong-Buy to Hold, which may slow some momentum buying. Zacks.com

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.