Knights of Columbus Asset Advisors LLC Invests $773,000 in Lam Research Corporation $LRCX

Knights of Columbus Asset Advisors LLC acquired a new stake in Lam Research Corporation (NASDAQ:LRCX) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 5,775 shares of the semiconductor company’s stock, valued at approximately $773,000.

A number of other large investors also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its stake in shares of Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new position in Lam Research in the 1st quarter worth approximately $239,000. Hilltop National Bank bought a new stake in Lam Research in the second quarter valued at approximately $38,000. Franklin Street Advisors Inc. NC boosted its stake in shares of Lam Research by 27.3% during the second quarter. Franklin Street Advisors Inc. NC now owns 3,805 shares of the semiconductor company’s stock valued at $370,000 after purchasing an additional 815 shares during the period. Finally, Fairvoy Private Wealth LLC boosted its stake in shares of Lam Research by 3.0% during the second quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock valued at $407,000 after purchasing an additional 120 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Stock Down 5.9%

Shares of NASDAQ:LRCX opened at $233.46 on Friday. The firm has a market capitalization of $293.23 billion, a P/E ratio of 47.84, a P/E/G ratio of 3.05 and a beta of 1.77. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.26. The stock has a 50 day moving average price of $187.29 and a 200-day moving average price of $146.33. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $251.87.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. The company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm’s revenue was up 22.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, equities research analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

Lam Research News Summary

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

• Positive Sentiment: Multiple major brokers sharply raised targets (many to $275–$300), signaling broad analyst bullishness after the quarter and suggesting upside versus earlier prices. These Analysts Boost Their Forecasts On Lam Research Following Strong Q2 Results
• Positive Sentiment: JPMorgan and Citigroup raised targets to $300 (overweight/buy), and firms including Needham, TD Cowen, Wells Fargo, Deutsche and Stifel also lifted targets — a strong institutional vote of confidence for continued AI/foundry-driven demand. Analyst target increases (Benzinga)
• Positive Sentiment: Lam beat Q2 estimates (EPS $1.27 vs. $1.17 est.; revenue $5.34B vs. $5.23B) and issued Q3 EPS guidance of $1.25–$1.45 and revenue above consensus — concrete operational drivers behind analyst upgrades. Lam Research Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
• Neutral Sentiment: New Street Research raised its target to $235 but kept a neutral rating, reflecting near-term upside limited relative to recent price strength. New Street adjusts price target on Lam Research to $235
• Negative Sentiment: HSBC raised its target to $221 but maintained a “hold,” which implies downside from recent levels and highlights some analyst caution despite better results. HSBC adjusts price target on Lam Research to $221
• Negative Sentiment: Coverage notes flag valuation concerns after a large run (high P/E and steep analyst target dispersion), which may limit further upside and explains some profit‑taking. Lam Research Earnings Beat Highlights AI Demand But Raises Valuation Questions

Insider Transactions at Lam Research

In related news, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This trade represents a 3.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the sale, the director owned 1,652 shares in the company, valued at approximately $264,303.48. This trade represents a 44.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 41,408 shares of company stock valued at $6,248,501. 0.31% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently commented on LRCX. TD Cowen lifted their target price on shares of Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday. Berenberg Bank boosted their price objective on shares of Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Citigroup upped their price objective on shares of Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday. Barclays set a $250.00 target price on Lam Research in a research note on Thursday. Finally, UBS Group set a $300.00 price target on Lam Research in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and a consensus price target of $238.32.

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.