Coldstream Capital Management Inc. Has $37.60 Million Holdings in Lam Research Corporation $LRCX

Coldstream Capital Management Inc. lessened its holdings in Lam Research Corporation (NASDAQ:LRCX) by 11.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 219,496 shares of the semiconductor company’s stock after selling 29,288 shares during the period. Coldstream Capital Management Inc.’s holdings in Lam Research were worth $37,595,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in LRCX. Arrowstreet Capital Limited Partnership raised its holdings in shares of Lam Research by 781.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after acquiring an additional 10,053,978 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Lam Research by 18.2% in the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after acquiring an additional 3,263,658 shares during the last quarter. California Public Employees Retirement System raised its holdings in shares of Lam Research by 108.7% in the 3rd quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock worth $606,045,000 after acquiring an additional 2,356,897 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Lam Research by 138.6% in the 3rd quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock worth $472,294,000 after acquiring an additional 2,056,749 shares during the last quarter. Finally, M&T Bank Corp raised its holdings in shares of Lam Research by 1,925.5% in the 4th quarter. M&T Bank Corp now owns 1,717,551 shares of the semiconductor company’s stock worth $294,010,000 after acquiring an additional 1,632,754 shares during the last quarter. 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: Analysts continue to sound optimistic, with Sanford C. Bernstein raising its price target on Lam Research to $340 from $325 and reiterating an outperform rating, implying further upside from current levels.
• Positive Sentiment: The company is benefiting from strong AI-related chip demand, which is driving customers to buy more wafer fabrication equipment and supporting the stock’s strong year-to-date run.
• Positive Sentiment: Lam Research said it is adding AI and sensing capabilities to its chipmaking tools and expanding U.S. operations in Arizona and California, a sign it is positioning itself for longer-term growth in advanced semiconductor manufacturing. Article: Lam Research focused on adding AI to chipmaking tools as it eyes US expansion, CEO says
• Positive Sentiment: The company launched a new research lab in Salzburg focused on panel-level chip packaging, aiming to improve chip density and reduce packaging costs as AI demand rises.

Analysts Set New Price Targets

LRCX has been the topic of a number of analyst reports. Weiss Ratings lowered shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. Jefferies Financial Group upped their target price on shares of Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Citic Securities upped their target price on shares of Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Rothschild & Co Redburn upped their target price on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, Susquehanna increased their price objective on shares of Lam Research from $350.00 to $385.00 and gave the company a “positive” rating in a research note on Thursday, April 23rd. Twenty-seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $293.46.

Insider Buying and Selling

In related news, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider directly owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This trade represents a 10.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Douglas R. Bettinger sold 50,057 shares of the firm’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 completion of the transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 120,066 shares of company stock valued at $27,953,242. Company insiders own 0.31% of the company’s stock.

Lam Research Stock Up 1.0%

Lam Research stock opened at $305.35 on Friday. The firm has a 50 day moving average price of $254.07 and a 200-day moving average price of $215.35. The company has a market capitalization of $381.86 billion, a P/E ratio of 57.61, a P/E/G ratio of 2.53 and a beta of 1.81. Lam Research Corporation has a twelve month low of $79.49 and a twelve month high of $309.98. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.36 by $0.11. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. Lam Research’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same period last year, the firm earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities analysts predict that Lam Research Corporation will post 5.67 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 annualized dividend and a yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is 19.62%.

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.