Lam Research Corporation $LRCX Position Trimmed by Viking Fund Management LLC

Viking Fund Management LLC decreased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 42.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,000 shares of the semiconductor company’s stock after selling 30,000 shares during the quarter. Viking Fund Management LLC’s holdings in Lam Research were worth $6,847,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Brucke Financial Inc. lifted its holdings in shares of Lam Research by 8.2% during the fourth quarter. Brucke Financial Inc. now owns 3,553 shares of the semiconductor company’s stock valued at $608,000 after purchasing an additional 270 shares during the last quarter. Pensionfund Sabic acquired a new stake in Lam Research during the 4th quarter worth about $3,184,000. 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. Daymark Wealth Partners LLC lifted its stake in Lam Research by 7.4% during the fourth quarter. Daymark Wealth Partners LLC now owns 5,422 shares of the semiconductor company’s stock valued at $928,000 after buying an additional 374 shares in the last quarter. Finally, Focus Financial Network Inc. purchased a new stake in Lam Research during the fourth quarter valued at about $209,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: Market commentary points to LRCX outperforming the broader dip thanks to its recent earnings beat and upbeat near‑term outlook — a primary reason the stock gained today. Why the Market Dipped But Lam Research (LRCX) Gained Today
• Positive Sentiment: Q4/earnings‑season analysis shows Lam stacked up well versus other semiconductor equipment peers, reinforcing the view that it’s a cycle beneficiary (supports revenue/earnings momentum expectations). A Look Back at Semiconductor Manufacturing Stocks’ Q4 Earnings: Lam Research (NASDAQ:LRCX) Vs The Rest Of The Pack
• Positive Sentiment: High‑profile endorsement from Jim Cramer (“You’ve got a winner in Lam Research”) can boost retail sentiment and flows into the name. Jim Cramer on Lam Research: “You’ve Got a Winner in Lam Research”
• Positive Sentiment: Management’s presentation at a recent conference framed a large TAM (~$135B) tied to AI and R&D investments — a strategic growth narrative that supports longer‑term upside expectations. Lam Research Corporation (LRCX) Eyes $135 billion Opportunity
• Neutral Sentiment: Multiple short‑interest reports for March show anomalous/zero values (references to a “large increase” but reported short interest = 0 / NaN and days‑to‑cover = 0.0), suggesting data/reporting issues rather than a material change in positioning; monitor for corrected filings.

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 4,000 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $232.50, for a total value of $930,000.00. Following the transaction, the insider directly owned 54,705 shares of the company’s stock, valued at $12,718,912.50. This represents a 6.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 253,705 shares of the company’s stock, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,886 shares of company stock worth $29,658,802 over the last 90 days. 0.31% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

LRCX has been the topic of several analyst reports. Rothschild & Co Redburn lifted their target price on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Wells Fargo & Company raised their price objective on shares of Lam Research from $250.00 to $290.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Stifel Nicolaus boosted their target price on shares of Lam Research from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Finally, Citigroup increased their target price on Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $245.35.

Lam Research Stock Performance

LRCX stock opened at $238.84 on Wednesday. The firm has a 50 day simple moving average of $227.67 and a 200 day simple moving average of $180.02. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $256.68. The stock has a market cap of $298.26 billion, a P/E ratio of 48.94, a P/E/G ratio of 2.51 and a beta of 1.77. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (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 revenue was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors 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 dividend on an annualized basis and a yield of 0.4%. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

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.