Hennion & Walsh Asset Management Inc. Has $9.03 Million Holdings in Lam Research Corporation $LRCX

06 Jan 2026, 12:23 by Sarita Garza · The Markets Daily

Hennion & Walsh Asset Management Inc. boosted its holdings in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 12.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 67,463 shares of the semiconductor company’s stock after acquiring an additional 7,392 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Lam Research were worth $9,033,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. IMG Wealth Management Inc. bought a new position in shares of Lam Research during the second quarter worth approximately $26,000. Howard Hughes Medical Institute bought a new stake in shares of Lam Research in the second quarter valued at approximately $27,000. Sound Income Strategies LLC acquired a new stake in Lam Research during the third quarter worth approximately $41,000. Tripletail Wealth Management LLC acquired a new stake in Lam Research during the third quarter worth approximately $44,000. Finally, Strategic Wealth Investment Group LLC bought a new position in Lam Research during the 2nd quarter worth $29,000. Institutional investors own 84.61% of the company’s stock.

Analysts Set New Price Targets

LRCX has been the subject of a number of recent analyst reports. Mizuho upped their target price on Lam Research from $170.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. BNP Paribas Exane boosted their price target on Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Barclays set a $142.00 price objective on shares of Lam Research and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Wells Fargo & Company raised their target price on shares of Lam Research from $135.00 to $145.00 and gave the company an “equal weight” rating in a report on Thursday, October 23rd. Finally, Sanford C. Bernstein boosted their target price on shares of Lam Research from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Twenty-six equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and an average target price of $161.21.

Check Out Our Latest Report on Lam Research

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $194.76 on Tuesday. Lam Research Corporation has a one year low of $56.32 and a one year high of $198.36. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60. The company has a market cap of $244.62 billion, a price-to-earnings ratio of 42.90, a PEG ratio of 2.14 and a beta of 1.77. The firm has a 50 day simple moving average of $162.10 and a 200 day simple moving average of $130.12.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Research analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be given a $0.26 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Insider Transactions at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $138.90, for a total value of $7,249,191.00. Following the completion of the transaction, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This trade represents a 17.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the sale, the chief financial officer owned 987,237 shares in the company, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 102,608 shares of company stock valued at $14,916,496 over the last three months. Company insiders own 0.31% of the company’s stock.

Lam Research Company Profile

(Free Report)

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.