CHICAGO TRUST Co NA Reduces Holdings in Lam Research Corporation $LRCX

CHICAGO TRUST Co NA lowered its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 4.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,486 shares of the semiconductor company’s stock after selling 1,636 shares during the quarter. Lam Research comprises approximately 1.1% of CHICAGO TRUST Co NA’s investment portfolio, making the stock its 19th largest holding. CHICAGO TRUST Co NA’s holdings in Lam Research were worth $6,727,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of LRCX. Brighton Jones LLC grew its holdings in shares of Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new position in Lam Research in the 1st quarter worth $239,000. Gabelli Funds LLC purchased a new position in Lam Research in the 2nd quarter worth $253,000. NewEdge Advisors LLC lifted its position in Lam Research by 2.7% during the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after acquiring an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. lifted its position in Lam Research by 5,206.7% during the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after acquiring an additional 781 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research News Summary

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

• Positive Sentiment: Analysts remain generally upbeat on Lam Research, with recent price targets raised as high as $500 and several firms maintaining Buy/Outperform ratings, suggesting Wall Street still sees meaningful upside. Is Lam Research (LRCX) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Multiple reports highlighted that AI infrastructure spending, advanced memory/foundry demand, and advanced packaging growth could keep boosting revenue and margins, with one note suggesting Q4 gross margin could top 50% for the first time. Can AI Demand Help Lam Research Hit New Highs for Gross Margin in Q4?
• Positive Sentiment: Lam Research was also added to the Russell Top 50 Index, which can increase institutional visibility and support fund buying over time. Lam Research (LRCX) Joins The Russell Top 50 Index As Its Market Profile Grows
• Neutral Sentiment: Recent earnings-preview coverage pointed to a strong historical pattern of beating estimates, but this was framed as an expectation rather than a new catalyst. Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Several articles noted that Lam Research is up dramatically in 2026, which supports the long-term bull case but may also encourage short-term traders to lock in gains. Lam Research Stock Surges 154% in H1’26: Should You Buy More or Exit?
• Negative Sentiment: The stock’s latest move was a steep drop, and commentary suggests semiconductor equipment names were hit by broader profit-taking in the chip sector rather than a fresh operational setback at Lam Research. Lam Research (LRCX) Registers a Bigger Fall Than the Market: Important Facts to Note

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Citigroup reissued a “buy” rating and issued a $450.00 price objective (up from $315.00) on shares of Lam Research in a report on Wednesday, June 17th. Zacks Research downgraded Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Rothschild & Co Redburn upped their target price on Lam Research from $305.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft upped their target price on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Stifel Nicolaus set a $500.00 price target on shares of Lam Research in a report on Monday. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $345.39.

Insider Buying and Selling at Lam Research

In other news, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction that occurred on Monday, April 27th. The shares were 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 directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Eric Brandt sold 54,500 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the sale, the director directly owned 199,205 shares in the company, valued at $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 86,339 shares of company stock valued at $27,680,267. 0.31% of the stock is owned by company insiders.

Lam Research Stock Performance

NASDAQ LRCX opened at $391.26 on Thursday. The stock has a 50-day simple moving average of $322.77 and a two-hundred day simple moving average of $255.36. The firm has a market capitalization of $489.30 billion, a P/E ratio of 73.82, a PEG ratio of 3.58 and a beta of 1.79. Lam Research Corporation has a fifty-two week low of $90.93 and a fifty-two week high of $438.50. 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 data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter in the previous year, the firm posted $1.04 EPS. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities analysts forecast that Lam Research Corporation will post 5.68 earnings per share for the current year.

Lam Research Announces Dividend

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

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.