Meadowbrook Advisors Group LLC Buys New Shares in Lam Research Corporation $LRCX

Meadowbrook Advisors Group LLC bought a new position in Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 2,899 shares of the semiconductor company’s stock, valued at approximately $496,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LRCX. DUTCH ASSET Corp purchased a new stake in Lam Research during the 4th quarter valued at about $598,000. Larry Mathis Financial Planning LLC acquired a new position in shares of Lam Research in the fourth quarter valued at about $386,000. Union Savings Bank purchased a new position in shares of Lam Research in the fourth quarter worth about $230,000. Hsbc Holdings PLC lifted its holdings in shares of Lam Research by 9.7% during the fourth quarter. Hsbc Holdings PLC now owns 3,558,405 shares of the semiconductor company’s stock worth $609,972,000 after purchasing an additional 315,643 shares during the period. Finally, Cedarwood Wealth LLC acquired a new stake in shares of Lam Research during the fourth quarter worth about $196,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on LRCX. The Goldman Sachs Group reiterated a “buy” rating and issued a $290.00 price target on shares of Lam Research in a report on Thursday, April 23rd. Berenberg Bank lifted their price objective on shares of Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada upped their price objective on shares of Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Weiss Ratings lowered shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. Finally, Oppenheimer reissued an “outperform” rating and set a $400.00 target price (up from $330.00) on shares of Lam Research in a report on Monday. Twenty-eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and an average price target of $333.62.

Key Lam Research News

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

• Positive Sentiment: Analysts and market commentary continue to highlight Lam Research as a key winner from the AI infrastructure buildout, with reports suggesting its wafer-fab equipment opportunity may be larger than expected. Lam Research Corporation (LRCX)’s WFE Opportunity May Be Bigger Than Expected
• Positive Sentiment: Oppenheimer raised its price target on LRCX to $400 from $330 and reiterated an Outperform rating, reinforcing the view that AI-related demand can drive further growth. Lam Research Corporation (LRCX)’s WFE Opportunity May Be Bigger Than Expected
• Positive Sentiment: Zacks noted LRCX jumped on above-average volume and said improving earnings estimate revisions could support more near-term upside. Lam Research (LRCX) Moves 4.0% Higher: Will This Strength Last?
• Positive Sentiment: Coverage from GuruFocus highlighted LRCX’s strong profitability and recent 4% share gain, which may be encouraging momentum investors. Lam Research Corp (LRCX) Shares Surge 4.0% — What GF Score of 85 Tells Investors
• Neutral Sentiment: Several articles framed LRCX as an attractive stock on momentum and profitability grounds, but these were largely descriptive and did not introduce a major new catalyst. Are You Looking for a Top Momentum Pick? Why Lam Research (LRCX) is a Great Choice
• Negative Sentiment: Some comparative coverage argued Texas Instruments may be a better semiconductor buy than Lam Research due to valuation and growth visibility, which could temper enthusiasm at the margin. TXN vs. LRCX: Which Semiconductor Stock Is the Better Buy Right Now?
• Negative Sentiment: Fresh put-option activity in LRCX suggests some traders are hedging or betting on downside after the rally. Stock Traders Buy High Volume of Put Options on Lam Research (NASDAQ:LRCX)

Lam Research Price Performance

Shares of LRCX stock opened at $389.04 on Friday. Lam Research Corporation has a twelve month low of $87.75 and a twelve month high of $401.00. The stock has a market cap of $486.52 billion, a P/E ratio of 73.40, a P/E/G ratio of 3.21 and a beta of 1.85. The stock has a 50 day moving average of $301.75 and a 200 day moving average of $241.57. The company has a current ratio of 2.54, a quick ratio of 1.77 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 business had revenue of $5.84 billion for 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 business’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, sell-side analysts expect that Lam Research Corporation will post 5.7 EPS for the current year.

Lam Research Dividend Announcement

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

Insider Activity at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of Lam Research stock in a transaction on 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 transaction, the senior vice president owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 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 of the company’s stock, valued at approximately $13,762,005.30. This trade represents a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 86,339 shares of company stock worth $27,680,267. 0.31% of the stock is owned by company insiders.

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.