Burney Co. Has $55.89 Million Holdings in Lam Research Corporation $LRCX

Key Points

• Burney Co. trimmed its stake in Lam Research by 13.2% in Q4 to 326,499 shares valued at $55.89 million, representing about 1.7% of its portfolio and making LRCX its 8th-largest holding.
• Wall Street is largely positive: MarketBeat shows a consensus "Moderate Buy" (27 Buys, 8 Holds) with an average target of $246.32, and multiple firms have recently raised targets (e.g., Susquehanna to $350, Bernstein to $285).
• Lam beat quarterly estimates (EPS $1.27 vs. $1.17; revenue $5.34B, +22.1% YoY) and set Q3 2026 guidance of $1.25–$1.45 EPS, though insiders sold roughly 130,886 shares (~$29.7M) over the last quarter.

Burney Co. trimmed its stake in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 13.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 326,499 shares of the semiconductor company's stock after selling 49,782 shares during the period. Lam Research accounts for about 1.7% of Burney Co.'s investment portfolio, making the stock its 8th largest position. Burney Co.'s holdings in Lam Research were worth $55,890,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. U.S. Capital Wealth Advisors LLC raised its stake in shares of Lam Research by 2.1% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 79,588 shares of the semiconductor company's stock valued at $13,624,000 after acquiring an additional 1,654 shares in the last quarter. Dara Capital US Inc. bought a new position in shares of Lam Research in the 4th quarter valued at approximately $2,407,000. Steigerwald Gordon & Koch Inc. raised its stake in shares of Lam Research by 14.6% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 1,221 shares of the semiconductor company's stock valued at $209,000 after acquiring an additional 156 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in Lam Research by 11.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,161,975 shares of the semiconductor company's stock worth $370,087,000 after acquiring an additional 227,723 shares during the last quarter. Finally, Cantor Fitzgerald Investment Advisors L.P. acquired a new position in Lam Research during the 4th quarter worth $234,000. 84.61% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. KeyCorp reissued a "sector weight" rating on shares of Lam Research in a research report on Thursday, January 29th. Mizuho set a $265.00 price target on Lam Research in a research report on Wednesday, January 28th. Oppenheimer reaffirmed an "outperform" rating and issued a $265.00 price target on shares of Lam Research in a research report on Thursday, January 29th. Morgan Stanley lifted their price target on Lam Research from $254.00 to $260.00 and gave the stock an "equal weight" rating in a research report on Monday, April 6th. Finally, Sanford C. Bernstein lifted their price target on Lam Research from $275.00 to $285.00 and gave the stock an "outperform" rating in a research report on Monday, February 9th. Twenty-seven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $246.32.

Insiders Place Their Bets

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the business's stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director owned 253,705 shares of the company's stock, valued at approximately $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ava Harter sold 4,000 shares of the business's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total value of $930,000.00. Following the completion of the transaction, the insider directly owned 54,705 shares in the company, valued at approximately $12,718,912.50. This represents a 6.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 130,886 shares of company stock valued at $29,658,802. 0.31% of the stock is currently owned by corporate insiders.

More Lam Research News

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

• Positive Sentiment: Susquehanna raised its price target on LRCX to $350 (from $325) and kept a "positive" rating, signaling strong analyst conviction and implying roughly ~32.8% upside from the cited reference price — a catalyst that can drive buying interest. MarketScreener
• Positive Sentiment: 24/7 Wall St. published a bullish target of $253.16 on LRCX (14.7% upside vs. its reference price), citing strong earnings growth — another favorable independent valuation backing the recent rally. 24/7 Wall St. Article
• Positive Sentiment: Coverage noting an analyst upgrade (reported by AmericanBankingNews/Benzinga) has already coincided with intraday gains, reinforcing momentum as investors re-rate Lam on better-than-expected results and outlook trends. AmericanBankingNews
• Neutral Sentiment: A Yahoo Finance piece examines Lam’s valuation after recent share-price momentum, prompting investors to reassess whether the current multiple fairly reflects continued growth — relevant for longer-term position sizing. Yahoo Finance
• Negative Sentiment: Broader-market weakness linked to fading optimism over a U.S.–Iran ceasefire could pressure cyclical names, including semiconductor equipment suppliers like Lam, if risk-off flows intensify. Barchart

Lam Research Stock Performance

LRCX opened at $263.66 on Friday. The stock has a market cap of $329.25 billion, a PE ratio of 54.03, a P/E/G ratio of 2.81 and a beta of 1.78. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 1 year low of $61.14 and a 1 year high of $268.23. The stock's 50 day simple moving average is $227.64 and its 200-day simple moving average is $189.35.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. The business had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.Lam Research's quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Sell-side analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. Lam Research's payout ratio is currently 21.31%.

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.

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