Financial Engines Advisors L.L.C. 13F: Adds $1.1M to LRCX Stake

Financial Engines Advisors L.L.C. has significantly boosted its holdings in Lam Research Corporation (NasdaqGS: LRCX), according to its latest 13F filing with the SEC. The firm increased its stake by 108.3%, adding 2,640 shares to a total of 5,077 shares, valued at approximately $2.21 million as of the reporting period.

What Changed in Financial Engines Advisors' Lam Research Position

Financial Engines Advisors expanded its position in Lam Research, growing its holdings by 108.3% during the latest reporting period. The firm added 2,640 shares, bringing its total to 5,077 shares, valued at about $2.21 million. This move reflects a strong vote of confidence in the semiconductor equipment company.

Other Institutional Activity in Lam Research

In other institutional moves, BlackRock, Inc. trimmed its holdings by 1,407,391 shares, leaving it with 132,852,320 shares valued at around $28.39 billion. Vanguard Capital Management LLC opened a new position with 81,155,744 shares worth approximately $17.34 billion. State Street Corp reduced its stake by 527,784 shares, ending with 59,158,300 shares valued at about $12.65 billion. Geode Capital Management, LLC increased its holdings by 1,428,558 shares to 35,175,926 shares, valued at roughly $7.5 billion. FMR LLC also grew its position by 6,893,278 shares, holding a total of 33,574,842 shares worth approximately $7.17 billion.

Lam Research Corporation Stock Up 51.8%

Shares of Lam Research Corporation traded near $435.57 on Wednesday. The company has a market cap of approximately $541.9 billion and a P/E ratio of 81.9. Its forward P/E is 54.0, reflecting expectations of future earnings growth. The stock's 52-week range spans from $90.94 to $438.50, with a 50-day moving average of $313.34 and a 200-day moving average of $218.71. Lam Research maintains a healthy balance sheet with a current ratio of 2.54 and a quick ratio of 1.70.

Recent Earnings

Lam Research reported revenue of $21.68 billion, showing a growth rate of 23.8%. The company's net margin stands at 30.9%, and it boasts a return on equity of 66.8%. Earnings per share (EPS) were $5.29. The company is scheduled to announce its next earnings on July 29, 2026.

Dividend

Lam Research offers an annual dividend rate of $1.04, yielding 0.24%. The dividend payout ratio is 19.1%, indicating a conservative approach to dividend distribution.

Insider Buying and Selling at Lam Research Corporation

Recent insider activity at Lam Research includes Eric Brandt's planned sale of 54,500 shares on June 12, 2026, at an average price of $367.18. On June 1, 2026, Neil Fernandes, Senior Vice President, sold 7,659 shares at $309.60 in a planned transaction. Ava Harter, Chief Legal Officer, executed a buy of 6,010 shares at $77.04 on April 27, 2026.

Analysts Set New Price Targets

Analysts have maintained positive ratings on Lam Research. Susquehanna, Cantor Fitzgerald, and B of A Securities all maintained buy ratings, with Cantor Fitzgerald setting a high target of $500 on June 29, 2026. The consensus among 31 analysts is a buy, with an average price target of $345.74.

About Lam Research Corporation

Lam Research Corporation, headquartered in Fremont, California, designs and manufactures equipment used in semiconductor fabrication. The company serves markets in the United States, China, and several other countries across Asia and Europe. Led by CEO Timothy M. Archer, Lam Research employs around 20,600 people and operates in the technology sector, specifically within semiconductor equipment and materials.

Bottom Line

Financial Engines Advisors' significant increase in its stake in Lam Research Corporation indicates strong institutional interest in the company. While 13F filings are historical and may not reflect current positions, they provide insight into institutional sentiment. Investors often track these filings to gauge fund managers' confidence in a company's future performance.