KFG Wealth Management LLC Acquires New Shares in Lam Research Corporation $LRCX

KFG Wealth Management LLC acquired a new position in Lam Research Corporation (NASDAQ:LRCX) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,796 shares of the semiconductor company’s stock, valued at approximately $778,000.

Several other hedge funds have also recently bought and sold shares of LRCX. Bayban acquired a new stake in shares of Lam Research in the fourth quarter worth about $26,000. Vermillion Wealth Management Inc. acquired a new position in shares of Lam Research during the 1st quarter valued at about $26,000. Cedar Mountain Advisors LLC raised its stake in shares of Lam Research by 242.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 85 shares in the last quarter. Paladin Partners LLC bought a new position in shares of Lam Research in the 2nd quarter valued at approximately $26,000. Finally, Mcguire Capital Advisors Inc. acquired a new stake in Lam Research in the 4th quarter worth approximately $27,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Raymond James Financial set a $425.00 target price on Lam Research in a research report on Wednesday, June 10th. TD Cowen restated a “buy” rating and issued a $400.00 price objective (up from $340.00) on shares of Lam Research in a research note on Thursday, July 9th. UBS Group decreased their price objective on shares of Lam Research from $435.00 to $425.00 and set a “buy” rating for the company in a report on Tuesday. Bank of America raised their target price on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $390.00 price objective on shares of Lam Research in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $358.97.

Lam Research Trading Down 0.6%

Shares of LRCX opened at $288.32 on Thursday. The stock’s 50-day moving average price is $324.95 and its 200 day moving average price is $290.88. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $360.78 billion, a price-to-earnings ratio of 50.06, a P/E/G ratio of 1.15 and a beta of 1.85. Lam Research Corporation has a 12-month low of $96.44 and a 12-month high of $438.50.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The company had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The company’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter last year, the company earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, research analysts predict that Lam Research Corporation will post 9.33 earnings per share for the current year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 0.5%. This is an increase from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is 22.92%.

Insiders Place Their Bets

In other news, Director Abhijit Y. Talwalkar sold 18,282 shares of the stock in a transaction on Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the transaction, the director owned 87,142 shares in the company, valued at approximately $29,192,570. This represents a 17.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider directly owned 42,462 shares of the company’s stock, valued at $12,843,056.52. The trade was a 10.53% decrease in their ownership of the stock. 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 77,782 shares of company stock worth $26,755,370 over the last 90 days. Corporate insiders own 0.31% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: AI data-center investment, advanced chip manufacturing and an expected memory-market recovery are being cited as growth opportunities for Lam Research’s wafer-fabrication equipment business. Several investment-fund commentaries identify LRCX as a beneficiary of structural semiconductor demand. Lam Research growth opportunities article
• Positive Sentiment: Recent coverage remains bullish on LRCX, highlighting strong seasonal trends, AI-related spending and the company’s role in advanced logic and memory production. One stock-picking article names Lam as a preferred way to participate in the AI data-center boom. Lam Research chip-stock article
• Positive Sentiment: Lam’s latest quarterly results exceeded expectations, with adjusted earnings of $1.82 per share on $6.72 billion in revenue. Revenue rose 30% year over year, and management guided to fiscal first-quarter 2027 earnings of $2.00 to $2.30 per share.
• Positive Sentiment: The company raised its quarterly dividend to $0.33 from $0.26, a roughly 27% increase. The higher payout reinforces confidence in cash generation, although the yield remains modest at approximately 0.5%. Dividend increase article
• Neutral Sentiment: UBS cut its price target to $425 from $435 but maintained a Buy rating. The reduction indicates some caution after LRCX’s substantial rally, while the rating and target still reflect confidence in longer-term upside. UBS target-cut article
• Negative Sentiment: A global bond selloff lifted long-term yields, increasing pressure on high-multiple growth stocks such as LRCX and raising concerns that restrictive interest rates could persist. Higher yields reduce the appeal of future earnings and can increase financing costs. Semiconductor selloff article
• Negative Sentiment: An insider sold 5,000 shares for approximately $1.5 million. The sale occurred under a pre-arranged Rule 10b5-1 plan, limiting its importance as a signal, but it contributed to near-term selling pressure. SEC insider-sale filing
• Negative Sentiment: LRCX’s valuation remains demanding, with a price-to-earnings ratio near 50, leaving the stock vulnerable to profit-taking or disappointment despite strong AI and semiconductor-equipment fundamentals. Lam Research valuation article

Lam Research 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.