Aptus Capital Advisors LLC Acquires 3,143 Shares of Lam Research Corporation $LRCX

Key Points

• Aptus Capital Advisors boosted its Lam Research stake by 1.0% in the fourth quarter, adding 3,143 shares and bringing its total holdings to 304,674 shares valued at about $52.2 million.
• Lam Research reported strong quarterly results, with EPS of $1.47 beating estimates and revenue of $5.84 billion topping forecasts, while revenue rose 23.8% year over year. The company also issued Q4 2026 guidance of $1.50 to $1.80 EPS.
• Analyst sentiment remains bullish, with several firms raising price targets and the stock carrying a Moderate Buy consensus. Lam Research also declared a quarterly dividend of $0.26 per share, payable July 8.

Aptus Capital Advisors LLC increased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 1.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 304,674 shares of the semiconductor company's stock after purchasing an additional 3,143 shares during the period. Aptus Capital Advisors LLC's holdings in Lam Research were worth $52,154,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. PMV Capital Advisers LLC bought a new position in Lam Research during the fourth quarter worth about $25,000. Core Wealth Advisors LLC bought a new position in Lam Research during the fourth quarter worth about $29,000. Wilkerson Advisory Group LLC bought a new position in Lam Research during the fourth quarter worth about $33,000. Stance Capital LLC bought a new position in Lam Research during the third quarter worth about $26,000. Finally, Triumph Capital Management bought a new position in Lam Research during the third quarter worth about $27,000. Institutional investors own 84.61% of the company's stock.

Lam Research Trading Up 1.2%

Shares of LRCX stock opened at $366.81 on Friday. The firm has a 50 day moving average price of $286.10 and a two-hundred day moving average price of $233.58. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $458.72 billion, a PE ratio of 69.21, a price-to-earnings-growth ratio of 3.04 and a beta of 1.85. Lam Research Corporation has a 12-month low of $87.75 and a 12-month high of $373.82.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.11. The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business's revenue for the quarter was up 23.8% compared to the same quarter last year. During the same period last year, the business posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, analysts predict that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Dividend Announcement

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

Insider Buying and Selling

In other news, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction that occurred on Monday, April 27th. The shares were 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. The trade was a 10.15% 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. Also, SVP Neil J. Fernandes sold 7,659 shares of Lam Research stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the sale, 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. 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. Over the last quarter, insiders sold 31,839 shares of company stock valued at $8,561,667. 0.31% of the stock is owned by company insiders.

Lam Research News Roundup

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

Analysts Set New Price Targets

A number of equities analysts recently commented on LRCX shares. JPMorgan Chase & Co. lifted their price target on Lam Research from $300.00 to $315.00 and gave the stock an "overweight" rating in a report on Thursday, April 23rd. TD Cowen lifted their price target on Lam Research from $290.00 to $340.00 and gave the stock a "buy" rating in a report on Thursday, April 23rd. BNP Paribas Exane lifted their price target on Lam Research from $250.00 to $260.00 and gave the stock a "neutral" rating in a report on Thursday, April 23rd. Raymond James Financial set a $425.00 price target on Lam Research in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Lam Research from $300.00 to $325.00 and gave the stock a "buy" rating in a research report on Thursday, April 23rd. Twenty-eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Lam Research presently has an average rating of "Moderate Buy" and an average target price 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.

Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.