Lam Research Corporation $LRCX Shares Sold by Fifth Third Bancorp

Key Points

• Fifth Third Bancorp trimmed its stake in Lam Research (LRCX) by 3.2%, selling 4,838 shares and leaving 148,615 shares valued at $25.44 million at the end of the quarter.
• Lam Research beat expectations, reporting $1.47 EPS versus $1.36 expected and $5.84 billion in revenue (up 23.8% year‑over‑year), and set Q4 2026 guidance of $1.50–$1.80 EPS.
• Corporate insiders sold about 136,896 shares worth $31.2 million over the last quarter, even as analysts raised price targets and the stock carries a consensus "Moderate Buy" rating with an average target of $285.94.

Fifth Third Bancorp lessened its position in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 148,615 shares of the semiconductor company's stock after selling 4,838 shares during the quarter. Fifth Third Bancorp's holdings in Lam Research were worth $25,440,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Generali Investments Management Co LLC raised its position in shares of Lam Research by 62.0% during the 4th quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company's stock valued at $6,209,000 after buying an additional 13,878 shares during the period. Lingohr Asset Management GmbH raised its position in shares of Lam Research by 590.7% during the 3rd quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company's stock valued at $7,974,000 after buying an additional 50,933 shares during the period. Mediolanum International Funds Ltd raised its position in shares of Lam Research by 52.0% during the 3rd quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company's stock valued at $34,417,000 after buying an additional 89,856 shares during the period. First Citizens Bank & Trust Co. raised its position in shares of Lam Research by 8.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company's stock valued at $18,804,000 after buying an additional 10,408 shares during the period. Finally, Thoroughbred Financial Services LLC raised its position in shares of Lam Research by 115.2% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company's stock valued at $2,972,000 after buying an additional 11,883 shares during the period. Institutional investors and hedge funds own 84.61% of the company's stock.

Lam Research Stock Performance

Shares of LRCX stock opened at $256.78 on Friday. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The firm has a fifty day moving average price of $236.37 and a 200 day moving average price of $201.05. The company has a market cap of $321.12 billion, a P/E ratio of 48.45, a PEG ratio of 2.13 and a beta of 1.81. Lam Research Corporation has a 12 month low of $72.59 and a 12 month high of $275.84.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts' consensus estimates 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 company's revenue was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts predict that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

Insider Buying and Selling

In related news, Director Eric Brandt sold 35,000 shares of the business's stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the transaction, the director owned 253,705 shares in the company, valued at approximately $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Ava Harter sold 6,010 shares of the business's stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 136,896 shares of company stock worth $31,213,349. Corporate insiders own 0.31% of the company's stock.

Analyst Upgrades and Downgrades

LRCX has been the topic of several analyst reports. HSBC lifted their price target on shares of Lam Research from $221.00 to $247.00 and gave the company a "hold" rating in a research report on Friday, April 24th. TD Cowen lifted their target price on shares of Lam Research from $290.00 to $340.00 and gave the company a "buy" rating in a report on Thursday, April 23rd. Bank of America lifted their target price on shares of Lam Research from $285.00 to $330.00 and gave the company a "buy" rating in a report on Thursday, April 23rd. BNP Paribas Exane lifted their target price on shares of Lam Research from $250.00 to $260.00 and gave the company a "neutral" rating in a report on Thursday, April 23rd. Finally, Sanford C. Bernstein lifted their target price on shares of Lam Research from $285.00 to $325.00 and gave the company an "outperform" rating in a report on Thursday, April 23rd. Twenty-six research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Lam Research has an average rating of "Moderate Buy" and an average price target of $285.94.

Lam Research News Roundup

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

• Positive Sentiment: Q3 results and follow-up analyst upgrades highlight continued AI-driven demand and beat Street expectations, supporting near-term revenue/earnings momentum. Analyst Upgrades PT on Lam Research After Q3 Earnings, What’s Next?
• Positive Sentiment: Erste Group raised FY2027 EPS estimates (from $7.02 to $7.74), indicating analysts are increasing medium‑term profit expectations despite a "Hold" rating. Erste Group raises FY2027 EPS
• Positive Sentiment: High-profile portfolio ownership: Lam is highlighted in billionaire Philippe Laffont’s portfolio and cited as a strong YTD performer (roughly +35% YTD), which can attract momentum buyers. Forget Nvidia: This AI Semiconductor Stock in Billionaire Philippe Laffont Portfolio Is Winning in 2026
• Positive Sentiment: Technical: LRCX recently cleared the 20-day simple moving average — a short‑term bullish signal that can draw technical traders. Lam Research Recently Broke Out Above the 20-Day Moving Average
• Neutral Sentiment: Analyst price-target moves are wide-ranging (moves spanning roughly $6 to $105), reflecting divergent views on wafer‑fab equipment demand and valuation — this raises volatility and mixed signals for investors. How The Lam Research (LRCX) Story Is Shifting With New Analyst Targets And Risks
• Neutral Sentiment: Retail and research attention has LRCX trending on stock‑search platforms; that can amplify swings but doesn’t change fundamentals by itself. Lam Research Corporation Is a Trending Stock

Lam Research Company 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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