Laffer Tengler Investments Inc. Has $15.59 Million Stock Position in Lam Research Corporation $LRCX

Laffer Tengler Investments Inc. lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 18.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 116,397 shares of the semiconductor company’s stock after purchasing an additional 18,092 shares during the period. Lam Research comprises 2.5% of Laffer Tengler Investments Inc.’s investment portfolio, making the stock its 8th largest holding. Laffer Tengler Investments Inc.’s holdings in Lam Research were worth $15,586,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Lam Research by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock worth $17,537,447,000 after acquiring an additional 364,949 shares during the last quarter. State Street Corp raised its stake in shares of Lam Research by 1.1% during the second quarter. State Street Corp now owns 59,551,547 shares of the semiconductor company’s stock valued at $5,810,172,000 after acquiring an additional 629,666 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Lam Research by 14.4% during the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock worth $3,954,188,000 after purchasing an additional 5,102,589 shares during the period. Geode Capital Management LLC grew its stake in shares of Lam Research by 3.5% in the second quarter. Geode Capital Management LLC now owns 33,802,736 shares of the semiconductor company’s stock worth $3,280,484,000 after purchasing an additional 1,135,405 shares during the last quarter. Finally, Norges Bank acquired a new stake in Lam Research in the second quarter valued at $1,894,585,000. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Performance

NASDAQ:LRCX opened at $217.27 on Wednesday. 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 Corporation has a twelve month low of $56.32 and a twelve month high of $256.68. The company has a fifty day moving average of $218.86 and a 200-day moving average of $167.34. The firm has a market capitalization of $271.32 billion, a P/E ratio of 44.52, a P/E/G ratio of 2.49 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period last year, the company posted $0.91 earnings per share. The business’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. As a group, sell-side analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors 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 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 Summary

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

• Positive Sentiment: Zacks added LRCX to its Rank #1 (Strong Buy) list, which can attract momentum and retail/quant flows into the stock. Read More.
• Positive Sentiment: Wall Street remains constructive: multiple firms have raised price targets recently (TD Cowen, Barclays, Mizuho among others) and consensus remains a “Moderate Buy,” supporting longer‑term upside expectations. Read More.
• Positive Sentiment: Lam announced a quarterly dividend (ex‑dividend March 4), a modest positive for income/total‑return investors and a signal of cash‑flow strength. Read More.
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; the transcript provides incremental color on demand cadence and execution but did not contain fresh, market‑moving guidance. Investors will parse order trends and capex commentary for confirmation. Read More.
• Neutral Sentiment: Technical/commentary pieces flag potential near‑term upside targets, which can increase trading volatility but are speculative and not fundamental catalysts. Read More.
• Negative Sentiment: Insider selling: CFO Douglas Bettinger sold ~40,329 shares (~$9.3M) and director/officer Ava Harter sold 4,000 shares (~$930k) in early March. Large, near‑simultaneous disposals by senior insiders often trigger short‑term selling pressure and investor concern despite insiders retaining sizable stakes. Read More. Read More.
• Negative Sentiment: Near‑term market performance: reports show LRCX underperformed semiconductor peers on Monday, which can amplify algorithmic/momentum outflows and pressure the stock in the short run. Read More.

Analysts Set New Price Targets

A number of equities research analysts have commented on LRCX shares. Wall Street Zen lowered Lam Research from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Argus lifted their price objective on Lam Research from $175.00 to $280.00 in a research note on Tuesday, February 3rd. HSBC increased their target price on shares of Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Royal Bank Of Canada restated an “outperform” rating and issued a $290.00 price target (up from $260.00) on shares of Lam Research in a research report on Thursday, January 29th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $320.00 price objective (up from $265.00) on shares of Lam Research in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $245.19.

Insiders Place Their Bets

In related news, Director Eric Brandt sold 35,000 shares of the stock in a transaction on Friday, February 6th. The stock was 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 in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ava Harter sold 4,000 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $232.50, for a total transaction of $930,000.00. Following the sale, the insider owned 54,705 shares of the company’s stock, valued at $12,718,912.50. This trade represents a 6.81% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 79,329 shares of company stock worth $18,110,542. Corporate insiders own 0.31% of the company’s stock.

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.