Northwestern Mutual Wealth Management Co. Acquires 14,978 Shares of Lam Research Corporation $LRCX

Key Points

• Northwestern Mutual Wealth Management increased its Lam Research stake by 2.1% in the fourth quarter, buying 14,978 shares and bringing its total holdings to 715,263 shares valued at about $122.4 million.
• Wall Street remains broadly bullish on Lam Research, with multiple analysts raising price targets and the stock carrying a consensus Moderate Buy rating and average target price of $295.07.
• Lam Research reported stronger-than-expected quarterly results, with EPS of $1.47 and revenue of $5.84 billion, while also announcing a quarterly dividend of $0.26 per share payable July 8.

Northwestern Mutual Wealth Management Co. increased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 715,263 shares of the semiconductor company's stock after acquiring an additional 14,978 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.06% of Lam Research worth $122,439,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Traphagen Investment Advisors LLC raised its holdings in shares of Lam Research by 2.4% in the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company's stock worth $336,000 after buying an additional 46 shares in the last quarter. Field & Main Bank boosted its stake in Lam Research by 1.1% in the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company's stock valued at $790,000 after buying an additional 50 shares in the last quarter. Capital Advisors Ltd. LLC grew its position in Lam Research by 1.1% in the fourth quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company's stock valued at $795,000 after acquiring an additional 51 shares during the period. Retirement Planning Group LLC lifted its holdings in shares of Lam Research by 2.9% during the fourth quarter. Retirement Planning Group LLC now owns 1,834 shares of the semiconductor company's stock valued at $314,000 after acquiring an additional 51 shares during the period. Finally, Plancorp LLC lifted its holdings in shares of Lam Research by 2.1% during the fourth quarter. Plancorp LLC now owns 2,518 shares of the semiconductor company's stock valued at $431,000 after acquiring an additional 51 shares during the period. Institutional investors and hedge funds own 84.61% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Mizuho set a $380.00 target price on shares of Lam Research and gave the stock an "outperform" rating in a report on Wednesday. Royal Bank Of Canada boosted their price target on shares of Lam Research from $290.00 to $310.00 and gave the company an "outperform" rating in a research report on Thursday, April 23rd. Stifel Nicolaus raised their price objective on shares of Lam Research from $300.00 to $325.00 and gave the stock a "buy" rating in a report on Thursday, April 23rd. Argus lifted their target price on shares of Lam Research from $175.00 to $280.00 in a research note on Tuesday, February 3rd. Finally, Barclays set a $275.00 price target on Lam Research and gave the stock an "equal weight" rating in a research report on Thursday, April 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $295.07.

Lam Research Stock Performance

Shares of Lam Research stock opened at $318.18 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The firm has a 50 day simple moving average of $263.88 and a 200 day simple moving average of $220.80. Lam Research Corporation has a fifty-two week low of $79.49 and a fifty-two week high of $333.33. The firm has a market cap of $397.91 billion, a P/E ratio of 60.03, a P/E/G ratio of 2.63 and a beta of 1.81.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts' consensus estimates of $1.36 by $0.11. The firm had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business's quarterly revenue was up 23.8% compared to the same quarter last year. During the same period last year, the company earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts predict that Lam Research Corporation will post 5.67 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company 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 $0.26 dividend. 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 presently 19.62%.

Lam Research News Roundup

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

• Positive Sentiment: Lam Research hit a new 12-month high, reinforcing strong momentum in the shares and signaling continued investor demand for semiconductor equipment stocks.
• Positive Sentiment: Mizuho Securities reiterated its Buy rating on Lam Research, which supports the stock’s bullish trading tone.
• Positive Sentiment: Options activity showed unusually heavy interest in Lam Research, with investors reportedly favoring short put positions, a sign some traders expect the stock to hold up or rise further.
• Positive Sentiment: Broader semiconductor commentary remained constructive, as Applied Materials’ CEO said AI-driven demand is creating the strongest period ever for the chip equipment industry, a favorable backdrop for Lam Research.
• Neutral Sentiment: Recent articles noted Lam Research’s strong technical run and high valuation, suggesting momentum is powerful but the stock may be vulnerable to volatility if expectations cool.
• Negative Sentiment: Some market commentary questioned whether the semiconductor rally is getting ahead of fundamentals, warning that chip stocks could face a pullback if the current “supercycle” narrative weakens.

Insiders Place Their Bets

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the company's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the transaction, the senior vice president directly owned 66,129 shares in the company, valued at approximately $16,872,153.06. This represents a 21.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 120,066 shares of company stock valued at $27,953,242. 0.31% of the stock is currently owned by insiders.

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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