Corient Private Wealth LLC Raises Position in Lam Research Corporation $LRCX

Key Points

• Corient Private Wealth LLC dramatically increased its Lam Research stake by 235.5% in the fourth quarter, ending with 5.2 million shares valued at about $890 million. Lam Research now ranks as one of the firm’s larger holdings.
• Wall Street sentiment remains upbeat: 28 analysts rate LRCX a Buy and six rate it Hold, with a consensus target price of $333.62. Recent firm-level calls from major brokerages have also included higher price targets, reinforcing bullish expectations.
• Lam Research beat fiscal Q3 earnings and revenue estimates, reporting EPS of $1.47 on revenue of $5.84 billion, while revenue rose 23.8% year over year. The company also announced a quarterly dividend of $0.26 per share and guided Q4 2026 EPS in the range of 1.50 to 1.80.

Corient Private Wealth LLC lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 235.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,199,441 shares of the semiconductor company's stock after acquiring an additional 3,649,553 shares during the quarter. Lam Research accounts for approximately 0.5% of Corient Private Wealth LLC's portfolio, making the stock its 28th largest holding. Corient Private Wealth LLC owned about 0.42% of Lam Research worth $890,040,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in LRCX. Alberta Investment Management Corp purchased a new position in shares of Lam Research during the 4th quarter worth approximately $668,000. Strive Financial Group LLC acquired a new position in Lam Research during the fourth quarter worth $251,000. Ameriflex Group Inc. raised its position in Lam Research by 598.7% in the fourth quarter. Ameriflex Group Inc. now owns 3,130 shares of the semiconductor company's stock worth $536,000 after acquiring an additional 2,682 shares in the last quarter. First Commonwealth Financial Corp PA lifted its holdings in Lam Research by 4.0% in the fourth quarter. First Commonwealth Financial Corp PA now owns 16,248 shares of the semiconductor company's stock valued at $2,781,000 after acquiring an additional 620 shares during the period. Finally, Blue Sparrow LLC DE purchased a new stake in shares of Lam Research during the 4th quarter worth $12,051,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on LRCX. Erste Group Bank cut shares of Lam Research from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. Mizuho set a $380.00 price target on Lam Research and gave the stock an "outperform" rating in a research note on Wednesday, May 27th. Bank of America raised their price objective on Lam Research from $285.00 to $330.00 and gave the company a "buy" rating in a research note on Thursday, April 23rd. HSBC boosted their target price on Lam Research from $221.00 to $247.00 and gave the stock a "hold" rating in a research report on Friday, April 24th. Finally, Weiss Ratings cut Lam Research from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, May 14th. Twenty-eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $333.62.

Lam Research Price Performance

LRCX stock opened at $389.04 on Friday. The stock's 50 day moving average price is $298.90 and its 200 day moving average price is $240.53. The firm has a market cap of $486.52 billion, a P/E ratio of 73.40, a PEG ratio of 3.08 and a beta of 1.85. 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 1 year low of $87.75 and a 1 year high of $401.00.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results 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 company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter last year, the business posted $1.04 earnings per share. Lam Research's revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, sell-side analysts expect that Lam Research Corporation will post 5.7 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research's dividend payout ratio (DPR) is currently 19.62%.

Insider Buying and Selling

In related news, insider Ava Harter sold 6,010 shares of the business's stock in a transaction dated 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 transaction, the insider owned 53,205 shares of the company's stock, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Eric Brandt sold 54,500 shares of the company's stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the completion of the transaction, the director owned 199,205 shares in the company, valued at approximately $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 86,339 shares of company stock worth $27,680,267. 0.31% of the stock is owned by corporate insiders.

Key Lam Research News

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

• Positive Sentiment: Citi raised its price target on Lam Research to $450 from $315, citing booming wafer fab equipment (WFE) demand and improved forecasts for the sector. Citi lifts PTs on AMAT, LRCX, & KLAC amid booming WFE demand
• Positive Sentiment: Oppenheimer increased its target on Lam Research to $400 from $330 and reiterated an Outperform rating, saying its bus tour strengthened confidence in AI-related WFE growth potential. Lam Research Corporation (LRCX)’s WFE Opportunity May Be Bigger Than Expected
• Positive Sentiment: Rothschild & Co Redburn also lifted its price target to $420 from $305 and kept a Buy rating, adding to the bullish analyst momentum around the stock. MarketScreener
• Positive Sentiment: Recent coverage highlighted Lam Research as a top momentum name, with articles pointing to strong earnings growth expectations and a favorable GF Score, reinforcing investor enthusiasm. Are You Looking for a Top Momentum Pick? Why Lam Research (LRCX) is a Great Choice
• Neutral Sentiment: Some market commentary compared Lam Research with Texas Instruments and suggested TXN may be the more attractive valuation play, but this was more a relative-value debate than a direct negative catalyst for LRCX. TXN vs. LRCX: Which Semiconductor Stock Is the Better Buy Right Now?
• Negative Sentiment: One note reported heavy put-option buying in Lam Research, which can signal that some traders are hedging against near-term downside or volatility. Stock Traders Buy High Volume of Put Options on Lam Research NASDAQ: LRCX

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.

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