CIBC Asset Management Inc Has $52.83 Million Holdings in Lam Research Corporation $LRCX

CIBC Asset Management Inc cut its position in Lam Research Corporation (NASDAQ:LRCX) by 0.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 394,526 shares of the semiconductor company’s stock after selling 2,800 shares during the quarter. CIBC Asset Management Inc’s holdings in Lam Research were worth $52,827,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in LRCX. Capital Investment Counsel Inc acquired a new position in shares of Lam Research during the 3rd quarter worth approximately $2,243,000. TFR Capital LLC. lifted its stake in shares of Lam Research by 286.4% during the 3rd quarter. TFR Capital LLC. now owns 8,068 shares of the semiconductor company’s stock worth $1,080,000 after buying an additional 5,980 shares during the last quarter. Sagespring Wealth Partners LLC lifted its position in Lam Research by 2.9% during the third quarter. Sagespring Wealth Partners LLC now owns 12,923 shares of the semiconductor company’s stock worth $1,730,000 after acquiring an additional 365 shares during the last quarter. Stoneridge Investment Partners LLC acquired a new position in shares of Lam Research in the third quarter valued at approximately $547,000. Finally, GDS Wealth Management boosted its stake in Lam Research by 7.2% in the 3rd quarter. GDS Wealth Management now owns 118,110 shares of the semiconductor company’s stock valued at $15,815,000 after purchasing an additional 7,895 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a $200.00 price objective (up previously from $175.00) on shares of Lam Research in a research note on Monday, December 15th. Berenberg Bank increased their price target on Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Citigroup reaffirmed a “buy” rating and issued a $265.00 price objective (up from $190.00) on shares of Lam Research in a report on Thursday. TD Cowen reaffirmed a “buy” rating on shares of Lam Research in a research note on Thursday, October 23rd. Finally, UBS Group reiterated a “buy” rating and set a $255.00 price objective (up from $200.00) on shares of Lam Research in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and an average price target of $200.52.

Insider Buying and Selling at Lam Research

In other news, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the transaction, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. This represents a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the completion of the transaction, the insider directly owned 56,786 shares in the company, valued at $8,942,091.42. This trade represents a 13.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 50,418 shares of company stock worth $7,667,305. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Down 1.3%

Shares of LRCX opened at $217.94 on Friday. The stock has a market capitalization of $273.74 billion, a price-to-earnings ratio of 48.00, a PEG ratio of 2.49 and a beta of 1.77. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $236.10. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The stock has a fifty day moving average of $178.08 and a 200-day moving average of $141.58.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the prior year, the business posted $0.86 earnings per share. Lam Research’s quarterly revenue was up 27.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were paid 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 was Wednesday, December 3rd. Lam Research’s dividend payout ratio is 22.91%.

Key Lam Research News

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

• Positive Sentiment: Zacks upgraded LRCX to a Zacks Rank #1 (Strong Buy), a move that typically attracts momentum flows and retail/institutional attention; the upgrade is being cited as a catalyst for optimism about near-term earnings and price momentum. Lam Research (LRCX) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Analyst commentary (Zacks) and coverage notes point to strong AI-chip demand and rising DRAM spending that should help LRCX beat Q2 estimates, supporting upside expectations for revenue and margins. LRCX Likely to Beat Q2 Earnings Estimates: Should You Buy the Stock?
• Positive Sentiment: Media coverage highlights AI-driven momentum (a recent piece notes the stock jumped on AI buzz and tariff news), which can attract short-term buyers and program trades. Why Lam Research (LRCX) Is Up 5.0% After AI Buzz And Tariff Jitters Hit Spotlight
• Neutral Sentiment: New Street raised its price target to $195 (from $140) but kept a “neutral” rating — the higher target signals improving fundamental views, but the maintained neutral limits the endorsement strength for further rallies. New Street Adjusts Lam Research Price Target to $195 From $140; Maintains Neutral Rating
• Neutral Sentiment: High-profile mentions (e.g., Jim Cramer calling LRCX “the best of the best” while warning about buying parabolic moves) can boost credibility but also encourage caution among momentum-sensitive traders. Jim Cramer calls Lam Research the “best of the best” but warns against buying parabolic moves
• Negative Sentiment: Unusually large put-option volume: traders bought ~87,781 puts (about +129% vs. average), a sharp rise in bearish/options-hedging activity that can signal investor risk-off, price protection flows, or speculative bearish bets — all of which can add downward pressure or volatility.
• Negative Sentiment: Relative weakness vs. peers: coverage notes that LRCX underperformed competitors on Thursday, a datapoint traders watch for leadership shifts within the semiconductor equipment group and to gauge rotation risk. Lam Research Corp. stock underperforms Thursday when compared to competitors

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.