Calamos Wealth Management LLC Has $7.94 Million Stock Holdings in Lam Research Corporation $LRCX

Calamos Wealth Management LLC raised its position in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 56.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,392 shares of the semiconductor company's stock after buying an additional 16,724 shares during the quarter. Calamos Wealth Management LLC's holdings in Lam Research were worth $7,941,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research during the 4th quarter worth $25,000. Stance Capital LLC acquired a new stake in shares of Lam Research during the 3rd quarter worth $26,000. Triumph Capital Management acquired a new stake in shares of Lam Research during the 3rd quarter worth $27,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Lam Research during the 2nd quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Lam Research during the 3rd quarter worth $40,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Price Performance

Shares of LRCX stock opened at $267.78 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a twelve month low of $68.53 and a twelve month high of $275.84. The company has a market cap of $334.40 billion, a P/E ratio of 50.52, a P/E/G ratio of 2.69 and a beta of 1.78. The business has a fifty day simple moving average of $234.99 and a 200 day simple moving average of $197.84.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the prior year, the company earned $1.04 EPS. Lam Research's revenue for the quarter 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, sell-side analysts forecast that Lam Research Corporation will post 5.43 EPS for the current fiscal year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Wednesday, March 4th. Lam Research's dividend payout ratio is currently 19.62%.

Wall Street Analyst Weigh In

LRCX has been the topic of several analyst reports. Zacks Research lowered Lam Research from a "strong-buy" rating to a "hold" rating in a report on Monday, April 6th. Cantor Fitzgerald reissued an "overweight" rating and set a $320.00 target price on shares of Lam Research in a report on Thursday. Stifel Nicolaus increased their target price on Lam Research from $300.00 to $325.00 and gave the stock a "buy" rating in a report on Thursday. Oppenheimer reissued an "outperform" rating and set a $330.00 target price on shares of Lam Research in a report on Thursday. Finally, Sanford C. Bernstein increased their target price on Lam Research from $285.00 to $325.00 and gave the stock an "outperform" rating in a report on Thursday. Twenty-six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, Lam Research has a consensus rating of "Moderate Buy" and an average target price of $283.65.

Insider Buying and Selling

In related news, CFO Douglas R. Bettinger sold 50,057 shares of the company's stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Ava Harter sold 1,500 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total value of $333,990.00. Following the completion of the transaction, the insider owned 53,205 shares of the company's stock, valued at $11,846,625.30. This represents a 2.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 130,886 shares of company stock worth $29,658,802 in the last ninety days. 0.31% of the stock is owned by insiders.

More Lam Research News

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

• Positive Sentiment: Q3 results beat expectations (EPS $1.47, revenue $5.84B) and management gave strong FY guidance tied to AI demand — investors view this as confirmation of a multi-year WFE upcycle. Earnings & press coverage
• Positive Sentiment: Major analysts have lifted price targets across the board (examples: TD Cowen $340, Susquehanna $385, JPMorgan $315, BofA $330), signaling upgraded revenue and margin forecasts driven by AI memory and logic chip spending. Analyst target upgrades
• Positive Sentiment: Several bank research notes reiterated buy/outperform ratings and sizable upside, reinforcing momentum and prompting institutional buyers to add exposure. Deutsche Bank price target raise
• Neutral Sentiment: Broad market action (Dow slip while Nasdaq gains) and strong moves in other chip names (Intel, AMD, Arm) contributed to sector flow into semiconductor-equipment names including LRCX. Market breadth coverage
• Neutral Sentiment: Not all firms moved to buy: a few kept neutral/equal-weight stances (e.g., Morgan Stanley, BNP Paribas), showing some analysts want to see more cycles of delivery before upgrading conviction. Morgan Stanley note
• Negative Sentiment: Valuation concerns: commentary and analysis warn the stock reflects a lot of AI upside already — some investors may view multiple and momentum as stretched, which could amplify pullbacks on any growth-slow surprises. Valuation caution analysis

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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