<div id="readability-page-1"><p>Blue Trust Inc. reduced its holdings in shares of  Lam Research Corporation (NASDAQ:LRCX - Free Report) by 27.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 17,818 shares of the semiconductor company's stock after selling 6,689 shares during the period. Blue Trust Inc.'s holdings in Lam Research were worth $2,386,000 as of its most recent filing with the SEC.</p><ul><li>AI Chips Can’t Exist Without These 2 Underrated Tech Giants</li></ul><p>Several other hedge funds have also made changes to their positions in LRCX. Norges Bank purchased a new stake in  Lam Research during the 2nd quarter valued at approximately $1,894,585,000.  JPMorgan Chase &amp; Co. raised its position in  Lam Research by 14.4% during the 2nd quarter. JPMorgan Chase &amp; Co. now owns 40,622,437 shares of the semiconductor company's stock worth $3,954,188,000 after buying an additional 5,102,589 shares during the last quarter.  Nordea Investment Management AB lifted its stake in shares of  Lam Research by 34.1% in the 2nd quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company's stock worth $1,029,210,000 after acquiring an additional 2,692,189 shares during the period.  Artisan Partners Limited Partnership boosted its holdings in shares of  Lam Research by 35.4% in the second quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company's stock valued at $958,786,000 after acquiring an additional 2,575,456 shares in the last quarter.  Finally, Sei Investments Co. increased its stake in shares of  Lam Research by 103.5% during the second quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company's stock worth $296,833,000 after acquiring an additional 1,550,842 shares during the period. Institutional investors and hedge funds own  84.61% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>LRCX has been the subject of a number of recent analyst reports. TD Cowen raised their price objective on shares of Lam Research from $145.00 to $170.00 and gave the company a &#34;buy&#34; rating in a research report on Thursday, October 23rd. Stifel Nicolaus  set a $160.00 target price on Lam Research and gave the stock a &#34;buy&#34; rating in a research note on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft lifted their price target on Lam Research from $160.00 to $195.00 and gave the company a &#34;buy&#34; rating in a research note on Friday, December 19th. Rothschild &amp; Co Redburn upped their price objective on Lam Research from $140.00 to $150.00 and gave the stock a &#34;buy&#34; rating in a report on Tuesday, October 14th. Finally, Morgan Stanley boosted their price objective on shares of Lam Research from $137.00 to $158.00 and gave the stock an &#34;equal weight&#34; rating in a report on Tuesday, December 2nd. Twenty-six analysts have rated the stock with a Buy rating and ten have assigned  a Hold rating to the stock. According to data from MarketBeat.com, Lam Research  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $161.21.</p><ul><li>The Chip Boom Is Back: 3 Stocks Positioned for Huge Gains</li></ul><p><b>Check Out Our Latest Stock Analysis on Lam Research</b></p><h2>Insider Buying and Selling</h2><p>In other news, CFO Douglas R. Bettinger sold 40,080 shares of the business's stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the transaction, the chief financial officer directly owned 987,237 shares of the company's stock, valued at $148,677,892.20. The trade was a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Ava Harter sold 9,010 shares of the stock in a transaction on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares in the company, valued at approximately $8,942,091.42. The trade was a 13.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 102,608 shares of company stock worth $14,916,496. 0.31% of the stock is currently owned by corporate insiders. </p><h2>Lam Research Stock Performance</h2><ul><li>Applied Materials: Up 40% in 2025 With Room to Run Long-Term</li></ul><p>NASDAQ:LRCX opened at $178.07 on Friday. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $223.66 billion, a P/E ratio of 39.22, a price-to-earnings-growth ratio of 2.05 and a beta of 1.77. The firm has a 50-day moving average price of $158.39 and a two-hundred day moving average price of $125.96. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $179.80. </p><p>Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same period in the prior year, the business earned $0.86 earnings per share. The company's quarterly revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS.  As a group, research analysts expect that  Lam Research Corporation will post 3.71 earnings per share for the current fiscal year. </p><h2>Lam Research Announces Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, December 3rd. Lam Research's dividend payout ratio  is 22.91%. </p><h2>About Lam Research</h2> (Free Report)<p>Lam Research Corporation <span>NASDAQ: LRCX<span></span></span> 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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Lam Research</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Do you know what Amazon is planning for January 1?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TFJDWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TFJDWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lam Research Right Now?</h2><p>Before you consider Lam Research, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lam Research wasn't on the list.</p><p>While Lam Research currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

LRCX

<p>Blue Trust Inc. reduced its holdings in Lam Research Corporation by 27.3% in Q3. Several hedge funds adjusted their positions in LRCX, with notable increases from Norges Bank and JPMorgan Chase. Analysts have raised price targets for LRCX, with a consensus rating of 'Moderate Buy'. Insider sales included CFO Douglas Bettinger and insider Ava Harter. Lam Research's stock opened at $178.07, with a market cap of $223.66 billion.</p>

Blue Trust Inc. Trims Holdings in Lam Research Corporation $LRCX