Sanders Morris Harris LLC Acquires New Position in Lam Research Corporation $LRCX

17 Dec 2025, 07:17 by Scott Moore · The Cerbat Gem

Sanders Morris Harris LLC bought a new position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 42,420 shares of the semiconductor company’s stock, valued at approximately $5,680,000. Lam Research accounts for 0.8% of Sanders Morris Harris LLC’s holdings, making the stock its 18th biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of LRCX. Sava Infond d.o.o. raised its holdings in Lam Research by 3.1% during the second quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock worth $7,325,000 after purchasing an additional 2,250 shares during the last quarter. Horizon Bancorp Inc. IN purchased a new position in shares of Lam Research in the second quarter valued at $389,000. Empowered Funds LLC raised its stake in shares of Lam Research by 10.5% during the 1st quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock worth $13,629,000 after buying an additional 17,833 shares during the last quarter. Genus Capital Management Inc. purchased a new stake in shares of Lam Research in the 2nd quarter worth about $14,476,000. Finally, Glass Wealth Management Co LLC grew its stake in Lam Research by 8.5% in the 2nd quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock valued at $2,810,000 after acquiring an additional 2,270 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Stock Down 0.6%

Shares of LRCX opened at $163.26 on Wednesday. The firm has a market cap of $205.06 billion, a PE ratio of 35.96, a price-to-earnings-growth ratio of 1.69 and a beta of 1.77. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The company’s fifty day moving average is $153.29 and its two-hundred day moving average is $121.65. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $169.69.

Lam Research (NASDAQ:LRCX – Get Free Report) last issued its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the company posted $0.86 EPS. The business’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. Analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, December 3rd. Lam Research’s payout ratio is currently 22.91%.

Insider Transactions at Lam Research

In related news, Director Bethany Mayer sold 1,298 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the sale, the director owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. This represents a 44.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the transaction, the chief financial officer directly owned 987,237 shares in the company, valued at approximately $148,677,892.20. This trade represents a 3.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 102,608 shares of company stock worth $14,916,496 over the last 90 days. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

LRCX has been the subject of a number of research reports. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Jefferies Financial Group reissued a “buy” rating and set a $200.00 price objective (up from $175.00) on shares of Lam Research in a research note on Monday. Berenberg Bank lifted their price objective on Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Needham & Company LLC upped their target price on shares of Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Lam Research from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Twenty-six equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average price target of $157.54.

Check Out Our Latest Stock Analysis on LRCX

Lam Research Company Profile

(Free Report)