McBroom & Associates LLC Decreases Holdings in Lam Research Corporation $LRCX

McBroom & Associates LLC lowered its holdings in Lam Research Corporation (NASDAQ:LRCX) by 3.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 82,619 shares of the semiconductor company’s stock after selling 2,955 shares during the quarter. Lam Research accounts for approximately 6.9% of McBroom & Associates LLC’s investment portfolio, making the stock its 2nd largest holding. McBroom & Associates LLC’s holdings in Lam Research were worth $14,143,000 as of its most recent SEC filing.

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

Lam Research Stock Performance

NASDAQ LRCX opened at $218.44 on Friday. The company has a 50-day simple moving average of $227.02 and a two-hundred day simple moving average of $185.33. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $256.68. The firm has a market cap of $272.78 billion, a price-to-earnings ratio of 44.76, a PEG ratio of 2.35 and a beta of 1.78. 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 data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.17 by $0.10. The firm had revenue of $5.34 billion for 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 company’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 earnings per share. 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 EPS for the current year.

Lam Research Dividend Announcement

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

Lam Research News Roundup

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

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. TD Cowen upped their target price on shares of Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. HSBC raised their price target on Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Wells Fargo & Company upped their price objective on Lam Research from $250.00 to $290.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Royal Bank Of Canada reiterated 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. Finally, Evercore set a $275.00 target price on Lam Research in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $245.35.

Insider Transactions at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction on 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 transaction, the director directly owned 253,705 shares of the company’s stock, valued at $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction on 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 sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 130,886 shares of company stock worth $29,658,802. Insiders own 0.31% of the company’s stock.

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.