Shelton Wealth Management LLC Lowers Holdings in Lam Research Corporation $LRCX

Shelton Wealth Management LLC reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 33.5% during the 1st quarter, HoldingsChannel reports. The firm owned 12,248 shares of the semiconductor company’s stock after selling 6,180 shares during the period. Lam Research comprises about 1.1% of Shelton Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. Shelton Wealth Management LLC’s holdings in Lam Research were worth $2,617,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp grew its position in shares of Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after buying an additional 265,805 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Lam Research by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock valued at $5,764,117,000 after acquiring an additional 126,613 shares in the last quarter. Invesco Ltd. lifted its stake in Lam Research by 7.7% in the fourth quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock worth $3,906,559,000 after acquiring an additional 1,638,406 shares during the period. Norges Bank bought a new position in Lam Research during the 4th quarter worth about $3,645,427,000. Finally, Price T Rowe Associates Inc. MD increased its position in Lam Research by 352.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,695,210 shares of the semiconductor company’s stock valued at $2,344,347,000 after purchasing an additional 10,666,540 shares during the period. 84.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

LRCX has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Rothschild & Co Redburn upped their target price on Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, June 17th. Raymond James Financial set a $425.00 target price on Lam Research in a research report on Wednesday, June 10th. Zacks Research downgraded Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Oppenheimer reissued an “outperform” rating and issued a $400.00 price target (up from $330.00) on shares of Lam Research in a research report on Monday, June 15th. Twenty-eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $347.75.

Insider Activity at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the sale, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the sale, the director directly owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This represents a 21.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 86,339 shares of company stock valued at $27,680,267 in the last ninety days. Corporate insiders own 0.31% of the company’s stock.

Lam Research Stock Down 8.7%

LRCX traded down $30.32 during trading on Tuesday, hitting $319.88. The stock had a trading volume of 5,739,333 shares, compared to its average volume of 11,362,653. The stock has a 50 day simple moving average of $326.35 and a two-hundred day simple moving average of $258.02. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. Lam Research Corporation has a twelve month low of $90.93 and a twelve month high of $438.50. The company has a market capitalization of $400.04 billion, a PE ratio of 60.35, a PEG ratio of 2.10 and a beta of 1.80.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the prior year, the firm posted $1.04 earnings per share. The business’s quarterly revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, research analysts predict that Lam Research Corporation will post 5.68 earnings per share for the current year.

Lam Research Dividend Announcement

The firm also recently announced 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 of this dividend is Wednesday, June 17th. Lam Research’s dividend payout ratio is currently 19.62%.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Goldman Sachs reportedly raised price targets on Lam Research alongside other chip equipment names, helping fuel a broader rally in semiconductor equipment stocks tied to strong AI and memory spending. 2 Chip Stocks Driving Today’s Rally With Lofty Bull Notes
• Positive Sentiment: Morgan Stanley raised its price target on Lam Research to $404 from $331 and kept an overweight rating, signaling continued confidence in the company’s upside potential. Benzinga coverage of Morgan Stanley price target raise
• Positive Sentiment: Cantor Fitzgerald lifted its target on LRCX to $500 from $425 and reiterated an overweight view, citing the AI infrastructure buildout as a key growth driver. Is Lam Research (LRCX) One of the Best Stocks on the Rise to Invest In?
• Positive Sentiment: Susquehanna also boosted its Lam Research price target to $475 from $385 after channel checks pointed to stronger-than-expected spending trends in semiconductor equipment. Susquehanna Lifts PT on Lam Research (LRCX) – Here’s Why
• Neutral Sentiment: Several articles highlighted Lam Research as a long-term winner and a stock to watch ahead of earnings, but these pieces were largely commentary rather than new fundamental developments. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Negative Sentiment: Some investors remain worried that AI chip demand may be normalizing, and one article said Lam Research’s stock was falling as those fears collided with company guidance and broader weakness in semiconductor equipment shares. Lam Research (LRCX) Stock Falls As AI Demand Fears Clash With Company Guidance
• Negative Sentiment: A separate note from Vltava Fund called Lam Research overvalued, adding a valuation headwind after the stock’s strong performance. Vltava Fund: Lam Research (LRCX) Is Overvalued

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.