YHB Investment Advisors Inc. Makes New $18.81 Million Investment in Lam Research Corporation $LRCX

Key Points

• YHB Investment Advisors acquired a new stake of 109,904 shares in Lam Research valued at approximately $18.81 million, making LRCX 1.3% of YHB’s portfolio and its 17th-largest holding.
• Lam Research beat Q4 expectations with EPS of $1.27 (vs. $1.17 est.) and revenue of $5.34B (up 22.1% YoY), set Q3 FY2026 EPS guidance of 1.250–1.450, and has seen multiple analyst price-target increases supporting a constructive outlook.
• Insiders sold about 130,886 shares (≈$29.66 million) over the last quarter even as institutional ownership remains high at 84.61%, and the company declared a quarterly dividend of $0.26 (0.5% yield).

YHB Investment Advisors Inc. acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 109,904 shares of the semiconductor company's stock, valued at approximately $18,813,000. Lam Research makes up 1.3% of YHB Investment Advisors Inc.'s investment portfolio, making the stock its 17th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lingohr Asset Management GmbH boosted its holdings in shares of Lam Research by 590.7% in the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company's stock worth $7,974,000 after buying an additional 50,933 shares during the period. Mediolanum International Funds Ltd grew its stake in shares of Lam Research by 52.0% in 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 in the last quarter. First Citizens Bank & Trust Co. raised its position in Lam Research by 8.0% during the third quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company's stock valued at $18,804,000 after acquiring an additional 10,408 shares in the last quarter. Thoroughbred Financial Services LLC lifted its stake in Lam Research by 115.2% in the third quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company's stock valued at $2,972,000 after acquiring an additional 11,883 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in shares of Lam Research by 30.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company's stock worth $19,369,000 after purchasing an additional 34,147 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Lam Research Stock Up 3.9%

NASDAQ LRCX opened at $222.01 on Thursday. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $256.68. The company has a market capitalization of $277.24 billion, a price-to-earnings ratio of 45.49, a PEG ratio of 2.30 and a beta of 1.78. The stock's 50 day moving average is $227.05 and its two-hundred day moving average is $183.95. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating analysts' consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm had revenue of $5.34 billion for the quarter, compared to analysts' expectations of $5.23 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The business's revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research's dividend payout ratio (DPR) is currently 21.31%.

Insider Transactions at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of the firm's stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the sale, the director directly owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares of the company's stock, valued at $242,334,371.15. The trade was a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 130,886 shares of company stock worth $29,658,802. Insiders own 0.31% of the company's stock.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Firm Q4 results and continued demand: Analysts and coverage highlight Lam’s strong March/Q4 performance (revenue growth, margin improvement) and role as a critical etch-equipment supplier in the AI-driven chip cycle — a core reason investors are bullish. Read More.
• Positive Sentiment: Bullish analyst/feature pieces emphasize long-term growth: Zacks and MSN/other features present Lam as a top long-term semiconductor play based on earnings outlook and exposure to AI and foundry capex. These pieces support investor confidence in multi‑quarter demand. Read More.
• Positive Sentiment: Industry tailwinds from AI and memory demand lift the equipment sector: broader coverage noting AI-driven memory and wafer fab spending (Micron, Applied Materials coverage) bolsters the argument for sustained WFE (wafer fab equipment) demand that benefits Lam. Read More.
• Positive Sentiment: Independent bullish analysis: Seeking Alpha piece frames Lam as “poised for growth,” citing capacity expansion, improving inventory/cash cycles and rising operating margins — adds to constructive narrative on execution. Read More.
• Neutral Sentiment: Price‑target adjustment with a neutral rating: New Street raised its price target to $235 from $140 but kept a "neutral" rating — the target lift is supportive but the unchanged stance tempers the upside message. Read More.
• Neutral Sentiment: Upcoming conference call: Lam announced its March quarter webcast for April 22 — investors will watch the call and management comments for forward‑looking color on bookings, capacity plans and timing of customer ramp activity. Read More.
• Negative Sentiment: Institutional trimming: Bridgewater/Ray Dalio trimmed its LRCX stake per recent 13F coverage — a high‑profile reduction can create modest selling pressure or signal portfolio rebalancing, though context (size, reason) matters. Read More.

Analyst Ratings Changes

A number of brokerages recently issued reports on LRCX. Needham & Company LLC upped their price objective on shares of Lam Research from $250.00 to $300.00 and gave the stock a "buy" rating in a report on Thursday, January 29th. New Street Research increased their price objective on Lam Research from $140.00 to $235.00 and gave the company a "neutral" rating in a report on Tuesday. B. Riley Financial reaffirmed a "buy" rating on shares of Lam Research in a research report on Thursday, January 15th. TD Cowen upped their price target on shares of Lam Research from $170.00 to $290.00 and gave the company a "buy" rating in a report on Thursday, January 29th. Finally, HSBC boosted their target price on shares of Lam Research from $181.00 to $221.00 and gave the stock a "hold" rating in a research report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $245.35.

About Lam Research

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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