Lam Research Corporation $LRCX Shares Sold by Baldwin Investment Management LLC

Baldwin Investment Management LLC lessened its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 98,134 shares of the semiconductor company’s stock after selling 1,894 shares during the period. Lam Research makes up about 1.9% of Baldwin Investment Management LLC’s portfolio, making the stock its 5th largest holding. Baldwin Investment Management LLC’s holdings in Lam Research were worth $16,799,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in LRCX. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research in the 4th quarter valued at $25,000. Stance Capital LLC bought a new position in shares of Lam Research in the 3rd quarter valued at $26,000. Triumph Capital Management acquired a new position in shares of Lam Research during the 3rd quarter worth $27,000. Core Wealth Advisors LLC bought a new stake in shares of Lam Research during the 4th quarter worth $29,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in shares of Lam Research during the 2nd quarter worth $29,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Insider Buying and Selling

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares in the company, valued at approximately $16,872,153.06. This trade represents a 21.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 31,839 shares of company stock worth $8,561,667. 0.31% of the stock is owned by insiders.

Lam Research Trading Up 1.2%

Shares of NASDAQ LRCX opened at $366.81 on Friday. The firm has a 50 day moving average price of $286.10 and a two-hundred day moving average price of $233.58. The stock has a market cap of $458.72 billion, a P/E ratio of 69.21, a price-to-earnings-growth ratio of 3.04 and a beta of 1.85. Lam Research Corporation has a 52-week low of $87.75 and a 52-week high of $373.82. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same quarter in the previous year, the business earned $1.04 earnings per share. Lam Research’s revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities analysts forecast that Lam Research Corporation will post 5.7 EPS for the current year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s payout ratio is currently 19.62%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. New Street Research lifted their target price on Lam Research from $235.00 to $280.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. The Goldman Sachs Group reissued a “buy” rating and issued a $290.00 target price on shares of Lam Research in a report on Thursday, April 23rd. Seaport Research Partners initiated coverage on shares of Lam Research in a research note on Monday, May 4th. They issued a “buy” rating and a $300.00 price target on the stock. TD Cowen lifted their price target on shares of Lam Research from $290.00 to $340.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Finally, Erste Group Bank cut shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Twenty-eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $322.01.

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.