Lam Research Corporation $LRCX Shares Sold by Cyndeo Wealth Partners LLC

Key Points

• Cyndeo Wealth Partners cut its Lam Research holdings by 64.3% in the third quarter, selling 6,253 shares and retaining 3,478 shares worth approximately $1.14 million. Institutional investors still own 84.61% of the company.
• Analysts remain broadly bullish, with one Strong Buy, 26 Buy and five Hold ratings; the consensus is “Moderate Buy” with a target price of $364.59.
• Lam Research recently exceeded quarterly earnings and revenue estimates, while raising its quarterly dividend to $0.33 per share. However, the stock has faced technical weakness and broader pressure from inflation and interest-rate concerns affecting semiconductor shares.

Cyndeo Wealth Partners LLC cut its holdings in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 64.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,478 shares of the semiconductor company's stock after selling 6,253 shares during the quarter. Cyndeo Wealth Partners LLC's holdings in Lam Research were worth $1,143,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Polaris Financial Partners acquired a new position in Lam Research in the third quarter valued at approximately $4,814,000. Bank of America Corp DE boosted its position in Lam Research by 5.5% in the 2nd quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company's stock worth $4,872,426,000 after purchasing an additional 584,489 shares in the last quarter. Rokos Capital Management LLP boosted its position in Lam Research by 42.0% in the 1st quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company's stock worth $55,532,000 after purchasing an additional 76,840 shares in the last quarter. Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in shares of Lam Research during the 1st quarter worth approximately $59,973,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Lam Research during the 1st quarter worth approximately $26,489,000. 84.61% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LRCX. Morgan Stanley reaffirmed an "overweight" rating and set a $385.00 target price (up from $367.00) on shares of Lam Research in a report on Monday, October 5th. Bank of America increased their price target on shares of Lam Research from $330.00 to $480.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. Evercore reissued an "outperform" rating and set a $355.00 price target on shares of Lam Research in a report on Monday, July 20th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $320.00 price target on shares of Lam Research in a research report on Thursday, July 30th. Finally, HSBC reaffirmed a "hold" rating and issued a $333.00 price objective on shares of Lam Research in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $364.59.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D modeling platform. GPU-accelerated wafer-etch simulations could improve chip-design and manufacturing efficiency, supporting the company’s longer-term role in AI-driven semiconductor fabs. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
• Positive Sentiment: Analysts continue to see substantial upside, with Benzinga’s 22-analyst average target near $346 and a separate consensus implying roughly 25.6% potential appreciation. Recent earnings-estimate revisions could provide support if Lam delivers a strong quarterly report. Lam Research Stock Hits Longest Losing Streak Ever Wall Street Analysts See Upside in Lam Research
• Neutral Sentiment: Analysts are previewing the quarter ended September 2026, focusing on operating metrics beyond headline revenue and earnings estimates. The report could produce a significant re-rating depending on guidance and demand commentary. Lam Research Q1 Earnings Preview
• Neutral Sentiment: Options markets are pricing a potentially large post-earnings move—about $28.6 billion in implied market capitalization swing—signaling elevated volatility rather than a clear directional view. Lam Research Could Swing After Earnings
• Negative Sentiment: Hotter-than-expected inflation has renewed fears that higher interest rates could restrain AI infrastructure spending, weighing broadly on semiconductor and equipment stocks, including Lam Research. Semiconductor Stocks Trade Down on Inflation Concerns
• Negative Sentiment: Lam Research was on track for its ninth consecutive decline, its longest losing streak since 1984. The persistent technical weakness may be encouraging selling despite analysts’ bullish price targets. Lam Research Dips More Than the Broader Market

Lam Research Stock Performance

Shares of LRCX stock opened at $263.94 on Friday. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a 12-month low of $135.50 and a 12-month high of $438.50. The business's 50 day moving average is $309.03 and its two-hundred day moving average is $308.04. The company has a market capitalization of $330.30 billion, a P/E ratio of 45.82, a P/E/G ratio of 1.05 and a beta of 1.85.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. The company had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. Lam Research's quarterly revenue was up 30.0% compared to the same quarter last year. During the same period last year, the company earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Analysts expect that Lam Research Corporation will post 9.34 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were paid a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. This is an increase from Lam Research's previous quarterly dividend of $0.26. Lam Research's dividend payout ratio is 22.92%.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 5,000 shares of the company's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of the transaction, the insider directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. This represents a 10.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the company's stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the transaction, the director owned 20,995 shares of the company's stock, valued at $6,607,966.30. This represents a 31.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.31% of the stock is currently owned by company insiders.

About Lam Research

Lam Research Corporation NASDAQ: LRCX is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company's product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.

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