Cypress Capital Group Has $4.40 Million Stake in Lam Research Corporation $LRCX

Cypress Capital Group raised its position in Lam Research Corporation (NASDAQ:LRCX) by 16.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,892 shares of the semiconductor company’s stock after acquiring an additional 4,580 shares during the quarter. Cypress Capital Group’s holdings in Lam Research were worth $4,404,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Gilliland Jeter Wealth Management LLC grew its holdings in Lam Research by 0.3% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock worth $3,548,000 after purchasing an additional 69 shares during the period. Gold Investment Management Ltd. lifted its position in shares of Lam Research by 0.5% in the third quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock valued at $1,973,000 after buying an additional 70 shares during the last quarter. Hemington Wealth Management boosted its stake in shares of Lam Research by 4.3% during the 3rd quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock worth $231,000 after acquiring an additional 72 shares during the period. Magnus Financial Group LLC increased its holdings in shares of Lam Research by 0.3% during the 3rd quarter. Magnus Financial Group LLC now owns 22,838 shares of the semiconductor company’s stock worth $3,058,000 after acquiring an additional 76 shares during the last quarter. Finally, Natural Investments LLC raised its stake in Lam Research by 2.4% in the 3rd quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company’s stock valued at $456,000 after acquiring an additional 79 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

More Lam Research News

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

• Positive Sentiment: Q2 results beat expectations — EPS $1.27 vs. $1.17 est., revenue $5.34B (+22% Y/Y); company issued stronger-than-expected Q3 revenue and EPS guidance. PR News Release
• Positive Sentiment: Management pointed to robust AI-driven demand and higher bookings, prompting commentary that the quarter was “extraordinarily bullish” from some outlets — supportive for near-term revenue visibility. Barron’s: Why Earnings Were ‘Extraordinarily Bullish’
• Positive Sentiment: Large wave of analyst price-target increases and upgrades after results (JPMorgan, Citi, UBS, Wells Fargo, Deutsche Bank, Stifel, Needham, TD Cowen, Summit upgrades), reflecting consensus optimism on demand and execution. Benzinga roundup of analyst boosts
• Positive Sentiment: High-profile bull commentary (Jim Cramer) highlighting structural shortage/strong demand for Lam’s tools — supports momentum and retail/institutional interest. InsiderMonkey: Jim Cramer on Lam Research
• Neutral Sentiment: Deep-dive coverage and investor takeaways highlight expansion plans and capex exposure as Lam scales production to meet wafer-equipment demand — positive for growth but capex cadence can fluctuate results. Yahoo Finance: LRCX Q4 Deep Dive
• Negative Sentiment: Valuation questions: coverage notes and some analysts caution about elevated multiples after the rally; Forbes flags the stock’s history of sharp pullbacks — risk of volatility despite strong results. Forbes: Record Highs May Face Reality Check
• Negative Sentiment: One analyst (Morgan Stanley) keeps an equal-weight rating with a lower target vs. several bullish upgrades — a reminder not all houses are uniformly bullish and limiting near-term upside for cautious funds. Benzinga: Morgan Stanley note

Insider Activity at Lam Research

In related news, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the transaction, the director directly owned 1,652 shares in the company, valued at $264,303.48. This represents a 44.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief financial officer owned 987,237 shares in the company, valued at $148,677,892.20. This represents a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 41,408 shares of company stock worth $6,248,501 over the last ninety days. 0.31% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Rothschild & Co Redburn lifted their price objective on shares of Lam Research from $150.00 to $225.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. KeyCorp reaffirmed a “sector weight” rating on shares of Lam Research in a report on Thursday. HSBC increased their price target on shares of Lam Research from $127.00 to $181.00 and gave the company a “hold” rating in a report on Friday, January 9th. TD Cowen upped their target price on Lam Research from $170.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday. Finally, New Street Research increased their target price on Lam Research from $140.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. One investment 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 stock has a consensus rating of “Moderate Buy” and a consensus target price of $234.55.

Lam Research Price Performance

LRCX stock opened at $248.17 on Friday. The company’s 50-day moving average price is $185.48 and its two-hundred day moving average price is $145.09. The firm has a market cap of $311.71 billion, a P/E ratio of 50.85, a P/E/G ratio of 3.03 and a beta of 1.77. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $251.38.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 63.28% and a net margin of 30.22%.The firm had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the prior year, the company earned $0.91 earnings per share. The company’s quarterly revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis 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%.

About Lam Research

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.