Mariner LLC Reduces Holdings in Lam Research Corporation $LRCX

Mariner LLC lowered its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 5.9% during the fourth quarter, HoldingsChannel reports. The firm owned 921,242 shares of the semiconductor company’s stock after selling 57,714 shares during the period. Mariner LLC’s holdings in Lam Research were worth $157,737,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in LRCX. PMV Capital Advisers LLC purchased a new stake in shares of Lam Research during the fourth quarter valued at approximately $25,000. Stance Capital LLC purchased a new stake in shares of Lam Research during the third quarter valued at approximately $26,000. Triumph Capital Management purchased a new stake in shares of Lam Research during the third quarter valued at approximately $27,000. Core Wealth Advisors LLC purchased a new stake in shares of Lam Research during the fourth quarter valued at approximately $29,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in shares of Lam Research during the second quarter valued at approximately $29,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Transactions at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This represents a 11.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the sale, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,839 shares of company stock valued at $8,561,667 over the last three months. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Performance

LRCX stock opened at $366.81 on Monday. The company has a market capitalization of $458.72 billion, a P/E ratio of 69.21, a PEG ratio of 3.02 and a beta of 1.85. The company has a 50-day simple moving average of $286.10 and a 200 day simple moving average of $234.16. Lam Research Corporation has a fifty-two week low of $87.75 and a fifty-two week high of $373.82. 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 posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. The company’s quarterly revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts predict that Lam Research Corporation will post 5.7 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on LRCX shares. Wells Fargo & Company restated an “overweight” rating and issued a $575.00 price target (up from $320.00) on shares of Lam Research in a research note on Monday, June 1st. UBS Group restated a “buy” rating and issued a $375.00 price target (up from $310.00) on shares of Lam Research in a research note on Tuesday, June 9th. JPMorgan Chase & Co. lifted their price target on shares of Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Berenberg Bank lifted their price target on shares of Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, Seaport Research Partners started coverage on shares of Lam Research in a research note on Monday, May 4th. They issued a “buy” rating and a $300.00 price target for the company. Twenty-eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average price target of $322.01.

Key Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

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.