AustralianSuper Pty Ltd Boosts Stock Position in Lam Research Corporation $LRCX

AustralianSuper Pty Ltd raised its holdings in Lam Research Corporation (NASDAQ:LRCX) by 429.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,720,424 shares of the semiconductor company’s stock after purchasing an additional 1,395,428 shares during the period. Lam Research comprises approximately 1.1% of AustralianSuper Pty Ltd’s holdings, making the stock its 18th largest holding. AustralianSuper Pty Ltd’s holdings in Lam Research were worth $230,365,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in LRCX. Vanguard Group Inc. raised its holdings in Lam Research by 1.1% in the second quarter. Vanguard Group Inc. now owns 130,609,265 shares of the semiconductor company’s stock valued at $12,713,506,000 after acquiring an additional 1,457,163 shares in the last quarter. State Street Corp increased its position in shares of Lam Research by 1.1% in the 2nd quarter. State Street Corp now owns 59,551,547 shares of the semiconductor company’s stock worth $5,810,172,000 after purchasing an additional 629,666 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Lam Research by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after purchasing an additional 5,102,589 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Lam Research by 3.5% during the second quarter. Geode Capital Management LLC now owns 33,802,736 shares of the semiconductor company’s stock worth $3,280,484,000 after purchasing an additional 1,135,405 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Lam Research during the second quarter worth about $1,894,585,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Sanford C. Bernstein reissued an “outperform” rating and issued a $225.00 price objective (up from $175.00) on shares of Lam Research in a report on Monday, January 12th. Stifel Nicolaus lifted their target price on Lam Research from $160.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. Cantor Fitzgerald reissued an “overweight” rating and set a $265.00 price target (up from $210.00) on shares of Lam Research in a research report on Thursday, January 8th. Bank of America raised their price objective on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $180.00 price objective on shares of Lam Research in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and a consensus price target of $204.26.

Lam Research Price Performance

Shares of LRCX opened at $239.58 on Thursday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $243.99. 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 stock has a fifty day moving average price of $183.31 and a 200 day moving average price of $144.37. The company has a market cap of $300.92 billion, a P/E ratio of 52.77, a PEG ratio of 3.01 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The company had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period last year, the business posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, research analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, December 3rd. Lam Research’s payout ratio is presently 22.91%.

Insider Activity

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $150.60, for a total value 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 trade represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the sale, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. This trade represents a 44.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 41,408 shares of company stock valued at $6,248,501. 0.31% of the stock is owned by insiders.

Lam Research News Summary

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

• Positive Sentiment: Q2 earnings and revenue beat consensus — Lam reported $1.27 EPS vs. $1.17 expected and $5.34B revenue vs. $5.23B expected, with margins and ROE notably strong (y/y revenue +22%). Lam Research (LRCX) Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Raised Q3 guidance: EPS guide $1.25–1.45 (above $1.20 consensus) and revenue guide $5.4–6.0B (above ~$5.3B consensus) — investors view this as confirmation of stronger WFE demand. Lam Research Corporation Reports Financial Results for the Quarter Ended December 28, 2025
• Positive Sentiment: Management and news outlets cite rising enterprise orders and strong chipmaking-tool demand underpinning the upbeat forecast — a demand-driven beat/guide is taken as durable upside for revenue visibility. Lam Research forecasts strong quarterly results on chipmaking tool demand
• Positive Sentiment: Analyst interest and upgrades: coverage notes (including Evercore/other firms) and at least one upgrade have lifted sentiment and trading interest. Lam Research (NASDAQ:LRCX) Stock Price Up 2.3% After Analyst Upgrade
• Positive Sentiment: High-profile bullish commentary — Jim Cramer and others highlight a supply shortage and structural tailwinds from AI and advanced-node spending, supporting a longer-term bullish case. Lam Research (LRCX) Has a Shortage That Can’t Be Met, Says Jim Cramer
• Neutral Sentiment: Positive media and analyst previews (Zacks, 24/7 Wall St.) framed expectations ahead of results — helpful for market context but not new fundamentals. Bull of the Day: Lam Research (LRCX)
• Negative Sentiment: Valuation and volatility concerns — commentary warns that LRCX is at record highs and has a history of sharp corrections; investors should weigh upside vs. PE/volatility risk. Why Record Highs For LRCX Stock May Face A Reality Check In 2026
• Negative Sentiment: Geopolitical/China exposure — coverage notes that China-related demand or regulatory developments could weigh on the outlook despite AI tailwinds. Lam Research leans on AI tailwinds as China weighs on outlook

Lam Research Profile

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.