Lam Research Corporation $LRCX Stock Bought by Soltis Investment Advisors LLC

Key Points

• Soltis Investment Advisors increased its Lam Research position by 142.6% in the third quarter, owning 19,218 shares valued at approximately $6.3 million. Institutional investors collectively own 84.61% of LRCX.
• Analysts maintain a favorable outlook, with 26 Buy ratings and six Holds. Lam Research has a consensus “Moderate Buy” rating and an average price target of $360.23.
• Lam Research exceeded quarterly expectations with $8.22 billion in revenue and $2.20 adjusted EPS, while revenue rose 54.4% year over year. However, insider selling and potential supply constraints remain risks for investor sentiment and near-term growth.

Soltis Investment Advisors LLC lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 142.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,218 shares of the semiconductor company's stock after acquiring an additional 11,297 shares during the quarter. Soltis Investment Advisors LLC's holdings in Lam Research were worth $6,313,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Brooklands Fund Management Ltd acquired a new position in Lam Research in the third quarter valued at approximately $46,911,000. Blueprint Investment Partners LLC grew its holdings in Lam Research by 11.8% during the 3rd quarter. Blueprint Investment Partners LLC now owns 15,562 shares of the semiconductor company's stock worth $5,112,000 after acquiring an additional 1,643 shares during the period. Crew Capital Management Ltd grew its holdings in Lam Research by 2.1% during the 3rd quarter. Crew Capital Management Ltd now owns 4,328 shares of the semiconductor company's stock worth $1,422,000 after acquiring an additional 87 shares during the period. United Asset Strategies Inc. grew its holdings in Lam Research by 6.9% during the 3rd quarter. United Asset Strategies Inc. now owns 3,559 shares of the semiconductor company's stock worth $1,169,000 after acquiring an additional 230 shares during the period. Finally, Choreo LLC raised its position in shares of Lam Research by 10.4% during the 3rd quarter. Choreo LLC now owns 37,475 shares of the semiconductor company's stock valued at $12,357,000 after acquiring an additional 3,520 shares during the last quarter. Institutional investors own 84.61% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Mizuho cut their price target on Lam Research from $365.00 to $360.00 and set an "outperform" rating on the stock in a research note on Thursday, October 22nd. Bank of America restated a "buy" rating and issued a $345.00 price target on shares of Lam Research in a research report on Thursday, October 22nd. Fundamental Research set a $390.00 price objective on Lam Research in a research note on Thursday, October 1st. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $375.00 price objective on shares of Lam Research in a report on Monday, October 19th. Finally, Wall Street Zen raised Lam Research from a "hold" rating to a "buy" rating in a research note on Saturday, October 24th. Twenty-six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Lam Research currently has an average rating of "Moderate Buy" and a consensus price target of $360.23.

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the transaction, the insider owned 42,462 shares of the company's stock, valued at approximately $12,843,056.52. The trade was a 10.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the transaction, the director owned 20,995 shares of the company's stock, valued at $6,607,966.30. This trade represents a 31.28% decrease in their position. The SEC filing for this sale provides additional information. 0.31% of the stock is currently owned by corporate insiders.

Lam Research News Summary

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

• Positive Sentiment: Lam Research reported fiscal first-quarter revenue of $8.22 billion and adjusted EPS of $2.20, exceeding analyst expectations. Management’s outlook for approximately $8.60 billion in the December quarter, along with expected EPS of about $2.33, reinforced the view that demand remains robust. Lam Research Gains as Strong Earnings and a Chip-Sector Rebound Support Shares
• Positive Sentiment: Record foundry revenue in fiscal 2027’s first quarter, with foundry rising to 46% of Systems revenue from 44%, points to continued spending on advanced semiconductor manufacturing. Lam Research Sees Record Foundry Sales: Can the Momentum Continue?
• Positive Sentiment: SK Hynix’s expectation that memory shortages could persist through 2030 is fueling hopes for years of fab construction and sustained orders for equipment makers, including LRCX. The broader chip-sector rebound has added momentum. Chip Equipment Stocks Rally as SK Hynix Signals Memory Shortage Into 2030
• Positive Sentiment: Analyst coverage continues to emphasize AI infrastructure demand, rising chip complexity and projected 2026 systems-revenue growth above 40%. Some market commentary also describes LRCX as attractively valued relative to its earnings-growth outlook. Top Analyst Reports for Lam Research, Lockheed Martin & Equinor
• Neutral Sentiment: Investor attention remains unusually high, while institutional activity was mixed: more funds added LRCX shares than reduced positions in the latest reported quarter. This signals interest but does not establish a clear near-term price direction. Lam Research Corporation Is Attracting Investor Attention
• Negative Sentiment: Supply constraints may prevent Lam Research from fully converting strong demand into near-term revenue growth, creating execution risk despite favorable industry trends. Lam Research Stock: Supply Constraints Limit Growth
• Negative Sentiment: Reported insider transactions show substantial selling and no purchases over the past six months. While sales may reflect diversification or scheduled transactions, the pattern can weigh on sentiment.

Lam Research Stock Up 0.2%

Shares of NASDAQ LRCX opened at $254.39 on Friday. Lam Research Corporation has a 52-week low of $135.50 and a 52-week high of $438.50. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.86 and a current ratio of 2.48. The stock has a market cap of $317.78 billion, a P/E ratio of 37.91, a P/E/G ratio of 0.94 and a beta of 1.85. The firm has a 50 day moving average price of $295.90 and a 200 day moving average price of $283.68.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.02. The company had revenue of $8.22 billion for the quarter, compared to analyst estimates of $8.14 billion. Lam Research had a net margin of 32.34% and a return on equity of 72.15%. The business's revenue for the quarter was up 54.4% compared to the same quarter last year. During the same period last year, the business posted $1.26 earnings per share. Analysts expect that Lam Research Corporation will post 9.59 EPS for the current year.

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 23rd. This is a positive change from Lam Research's previous quarterly dividend of $0.26. Lam Research's dividend payout ratio (DPR) is currently 19.67%.

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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