Alliancebernstein L.P. Sells 111,106 Shares of Lam Research Corporation $LRCX

Alliancebernstein L.P. decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,628,923 shares of the semiconductor company’s stock after selling 111,106 shares during the quarter. Alliancebernstein L.P. owned approximately 0.29% of Lam Research worth $485,913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of LRCX. Howard Hughes Medical Institute acquired a new position in shares of Lam Research in the second quarter valued at approximately $27,000. Sound Income Strategies LLC acquired a new stake in Lam Research during the 3rd quarter worth approximately $41,000. Tripletail Wealth Management LLC acquired a new stake in Lam Research during the 3rd quarter worth approximately $44,000. Strategic Wealth Investment Group LLC bought a new stake in Lam Research during the 2nd quarter worth approximately $29,000. Finally, Delos Wealth Advisors LLC bought a new stake in Lam Research during the 2nd quarter worth approximately $30,000. Institutional investors own 84.61% of the company’s stock.

Lam Research Trading Up 1.3%

LRCX opened at $212.20 on Monday. Lam Research Corporation has a twelve month low of $56.32 and a twelve month 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. The company has a fifty day moving average of $224.75 and a 200-day moving average of $173.67. The stock has a market cap of $264.99 billion, a PE ratio of 43.48, a price-to-earnings-growth ratio of 2.28 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last announced 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. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter last year, the firm earned $0.91 earnings per share. Lam Research’s quarterly revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, sell-side analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors 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 dividend yield of 0.5%. Lam Research’s dividend payout ratio is presently 21.31%.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 1,500 shares of the firm’s stock in a transaction that occurred on 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 owned 53,205 shares of the company’s stock, valued at $11,846,625.30. This trade represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 130,886 shares of company stock worth $29,658,802 in the last 90 days. Corporate insiders own 0.31% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Lam is engaging with BE Semiconductor Industries (BESI) to boost advanced‑packaging capabilities and content — a strategic M&A angle that would accelerate Lam’s exposure to fast‑growing advanced packaging markets. Lam Research BESI Talks Highlight Push Into Advanced Packaging Content — Also reported that BESI has drawn takeover interest with Lam among suitors. Exclusive‑BESI attracts takeover interest as advanced chip packaging demand surges
• Positive Sentiment: Lam and IBM announced a long‑term collaboration to develop processes/materials for sub‑1nm logic and High‑NA EUV — strengthening Lam’s roadmap exposure to next‑gen logic and AI chips. Lam Research IBM Alliance Targets Sub 1nm Logic And AI Chip Demand
• Positive Sentiment: Management is targeting growth in foundry and logic markets and is aiming for gross margins above 50% via pricing and mix — a direct driver of EPS leverage if demand stays strong. Lam Research Corp. (LRCX) Targets Growth in Foundry and Logic Markets
• Positive Sentiment: Analysts have lifted targets and reiterated conviction after solid results and outlook; Barclays raised its price target recently (supportive to near‑term sentiment). Is Lam Research One of the Best Large‑Cap Tech Stocks to Invest In?
• Positive Sentiment: Industry analysis highlights a supply‑constrained WFE cycle and strong AI/advanced‑packaging demand that underpin a multi‑year capex runway for Lam. Lam Research: Supply‑Constrained WFE Cycle Sets Up A Multi‑Year Runway
• Neutral Sentiment: Market momentum: LRCX has rallied ~33% over three months on earnings beats and AI/packaging demand—helpful context but not a new catalyst. LRCX Stock Soars 33% in Three Months
• Negative Sentiment: Valuation concerns: some analysts/commentaries warn the stock may be extended and expect a re‑rating or consolidation — a risk if WFE momentum or execution disappoints. Lam Research: Wonderful Company, But The Price Needs To Come Back To Earth

Wall Street Analyst Weigh In

Several research firms have recently issued reports on LRCX. New Street Research raised their price target on shares of Lam Research from $195.00 to $235.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Citigroup boosted their price objective on shares of Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Evercore set a $275.00 price objective on Lam Research in a report on Thursday, January 29th. Citic Securities raised their target price on Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Finally, Wells Fargo & Company lifted their target price on Lam Research from $250.00 to $290.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.35.

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.