Mather Group LLC. Sells 4,978 Shares of Lam Research Corporation $LRCX

Mather Group LLC. lowered its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 11.8% during the fourth quarter, HoldingsChannel reports. The firm owned 37,331 shares of the semiconductor company’s stock after selling 4,978 shares during the quarter. Mather Group LLC.’s holdings in Lam Research were worth $6,390,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of LRCX. Abound Wealth Management raised its holdings in Lam Research by 6.9% during the 4th quarter. Abound Wealth Management now owns 931 shares of the semiconductor company’s stock worth $159,000 after buying an additional 60 shares during the period. Gryphon Financial Partners LLC boosted its holdings in shares of Lam Research by 4.0% in the fourth quarter. Gryphon Financial Partners LLC now owns 1,752 shares of the semiconductor company’s stock valued at $300,000 after buying an additional 68 shares during the period. Gilliland Jeter Wealth Management LLC increased its position in shares of 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 acquiring an additional 69 shares in the last quarter. Gold Investment Management Ltd. raised its holdings in shares of Lam Research by 0.5% during the third quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock worth $1,973,000 after acquiring an additional 70 shares during the period. Finally, Rosenberg Matthew Hamilton raised its holdings in shares of Lam Research by 8.1% during the fourth quarter. Rosenberg Matthew Hamilton now owns 939 shares of the semiconductor company’s stock worth $161,000 after acquiring an additional 70 shares during the period. Institutional investors own 84.61% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: Erste Group slightly raised its FY2027 EPS estimate for Lam (from $7.00 to $7.02), signaling continued analyst confidence in Lam’s longer‑term profitability. Read More.
• Positive Sentiment: Bullish research pieces argue Lam is positioned for continued growth due to rising chip process complexity and AI-driven capital expenditures — supportive for medium/long-term revenue and margins. Read More.
• Positive Sentiment: Investment letters and coverage (e.g., Renaissance in a large‑cap growth strategy) highlight Lam’s exposure to growing chip complexity, a structural tailwind for deposition/etch equipment. Read More.
• Positive Sentiment: Technical/flow-driven buying signals have supported the stock recently (not fundamental-driven), which can amplify short-term rallies. Read More.
• Neutral Sentiment: Industry note: Applied Materials stands to benefit from rising HBM and advanced packaging demand — an industry tailwind that should also help Lam over time, though AMAT‑specific coverage may not translate directly into immediate upside for LRCX. Read More.
• Neutral Sentiment: Valuation write‑ups ask whether recent multi‑year gains already price in Lam’s growth; useful for timing entries but not a near‑term catalyst. Read More.
• Negative Sentiment: Immediate negative: investors sold LRCX after news that Google’s TurboQuant can significantly reduce memory requirements for AI models. That development raises short‑term uncertainty around demand for HBM and packaging — key end markets for advanced wafer‑fab equipment. This appears to be the primary driver of today’s pullback. Read More.

Insiders Place Their Bets

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Ava Harter sold 4,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $232.50, for a total value of $930,000.00. Following the completion of the sale, the insider directly owned 54,705 shares of the company’s stock, valued at approximately $12,718,912.50. The trade was a 6.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 130,886 shares of company stock valued at $29,658,802 in the last 90 days. 0.31% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of Lam Research in a research note on Thursday, January 29th. Morgan Stanley lifted their price target on Lam Research from $244.00 to $254.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 25th. Susquehanna set a $325.00 price target on Lam Research and gave the company a “positive” rating in a report on Thursday, January 29th. B. Riley Financial reaffirmed a “buy” rating on shares of Lam Research in a research report on Thursday, January 15th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $200.00 target price (up from $175.00) on shares of Lam Research in a research report on Monday, December 15th. One 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 company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Lam Research Stock Down 9.4%

Shares of LRCX stock opened at $211.62 on Friday. The firm’s fifty day moving average price is $228.05 and its two-hundred day moving average price is $180.61. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $256.68. The firm has a market capitalization of $264.26 billion, a P/E ratio of 43.36, a PEG ratio of 2.51 and a beta of 1.77.

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

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s payout ratio is 21.31%.

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.