SmartHarvest Portfolios LLC Invests $1.35 Million in Lam Research Corporation $LRCX

SmartHarvest Portfolios LLC acquired a new position in Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, Holdings Channel.com reports. The fund acquired 7,903 shares of the semiconductor company’s stock, valued at approximately $1,353,000.

A number of other institutional investors have also recently made changes to their positions in the business. Stirlingshire Investments Inc. acquired a new stake in shares of Lam Research in the 4th quarter worth $315,000. Picton Mahoney Asset Management acquired a new stake in shares of Lam Research in the 4th quarter worth $13,607,000. Mill Capital Management LLC boosted its position in shares of Lam Research by 0.4% in the 4th quarter. Mill Capital Management LLC now owns 35,150 shares of the semiconductor company’s stock worth $6,017,000 after purchasing an additional 150 shares in the last quarter. Hoxton Planning & Management LLC boosted its position in shares of Lam Research by 1.2% in the 4th quarter. Hoxton Planning & Management LLC now owns 4,452 shares of the semiconductor company’s stock worth $762,000 after purchasing an additional 52 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted its position in shares of Lam Research by 251.9% in the 4th quarter. Meeder Asset Management Inc. now owns 24,809 shares of the semiconductor company’s stock worth $4,247,000 after purchasing an additional 17,758 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Performance

Shares of LRCX stock opened at $362.52 on Friday. The firm has a market capitalization of $453.36 billion, a price-to-earnings ratio of 68.40, a price-to-earnings-growth ratio of 2.66 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The business has a fifty day moving average of $283.21 and a 200 day moving average of $232.64. Lam Research Corporation has a 1 year low of $87.75 and a 1 year high of $364.81.

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

Lam Research Announces Dividend

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

Insider Transactions at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares in the company, 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 SEC, which is accessible through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. The trade was a 21.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 31,839 shares of company stock valued at $8,561,667 in the last quarter. Company insiders own 0.31% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: Barclays and other analysts raised price targets on Lam Research after increasing their wafer-fab equipment spending estimates, reinforcing the view that AI infrastructure investment is still running strong and could support more orders for chipmaking tools. Barclays raises price targets on chip stocks after raising WFE estimates
• Positive Sentiment: Lam’s CFO recently lifted the company’s 2026 wafer-fab equipment market forecast to $140 billion, which suggests a stronger spending backdrop for its core business and improved momentum into the second half of the year. Lam Research jumps as upbeat chip-equipment spending outlook and fresh analyst target hikes lift sentiment
• Positive Sentiment: The company’s latest quarterly results beat expectations, with revenue and EPS both ahead of consensus, and guidance pointed to further sequential growth, helping investors believe the business is still in an upcycle. Lam Research jumps as upbeat chip-equipment spending outlook and fresh analyst target hikes lift sentiment
• Neutral Sentiment: Several articles also highlighted Lam Research as a beneficiary of the broader AI infrastructure boom and a “critical enabler” of AI growth, which keeps sentiment constructive, though these pieces were more thematic than company-specific. Lam Research: A Critical Enabler Of AI Growth, Reiterating Buy
• Negative Sentiment: Near-term trading has been volatile, and one recent report noted the stock fell in the prior session, showing that some investors are still worried about valuation and the possibility of a cyclical slowdown after a strong run. Lam Research (LRCX) Falls More Steeply Than Broader Market: What Investors Need to Know

Wall Street Analyst Weigh In

LRCX has been the subject of a number of recent analyst reports. Wall Street Zen cut Lam Research from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Evercore raised their target price on Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Stifel Nicolaus raised their target price on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Wells Fargo & Company restated an “overweight” rating and issued a $575.00 target price (up from $320.00) on shares of Lam Research in a research note on Monday, June 1st. Finally, Oppenheimer restated an “outperform” rating and issued a $330.00 target price on shares of Lam Research in a research note on Thursday, April 23rd. Twenty-eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $322.01.

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.