Advisory Services Network LLC Buys 4,736 Shares of Lam Research Corporation $LRCX

Advisory Services Network LLC lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 2.9% during the third quarter, HoldingsChannel.com reports. The fund owned 167,082 shares of the semiconductor company’s stock after purchasing an additional 4,736 shares during the period. Advisory Services Network LLC’s holdings in Lam Research were worth $22,372,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Lam Research during the second quarter worth $1,894,585,000. Arrowstreet Capital Limited Partnership lifted its holdings in Lam Research by 781.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after acquiring an additional 10,053,978 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Lam Research by 14.4% in the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after acquiring an additional 5,102,589 shares during the period. Invesco Ltd. grew its stake in Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after acquiring an additional 3,263,658 shares during the period. Finally, Artisan Partners Limited Partnership increased 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 worth $958,786,000 after acquiring an additional 2,575,456 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Industry tailwinds from AI and memory are being highlighted as a near-term bottleneck that benefits wafer‑fabrication equipment suppliers like Lam, supporting stronger order outlooks for 2026. AI’s Next Bottleneck Is Driving These Stocks Higher
• Positive Sentiment: Brokerage consensus remains constructive: LRCX has a “Moderate Buy” consensus from brokerages, reinforcing buy-side confidence and underpinning demand for the shares. Lam Research Corporation (NASDAQ:LRCX) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Analysts and market writeups point to rising DRAM memory spending trends as supportive for Lam’s equipment sales; Morgan Stanley recently nudged its price target higher to $254 (from $244), citing upside from memory/AI capex even while keeping an Equal Weight rating. What Does DRAM Memory Spending Trend Mean for Lam Research (LRCX)
• Positive Sentiment: Investor letters and fund commentary (e.g., Artisan Partners) note a strong demand uptick for Lam, underscoring institutional recognition of improved end‑market dynamics tied to AI and memory. Lam Research (LCRX) Gained From Strong Demand Uptick
• Neutral Sentiment: Market commentary and investor pieces reiterate a bullish thesis on LRCX based on secular AI/memory tailwinds and Lam’s strong margins and prior earnings beat, but note relatively elevated valuation metrics (forward P/E) that could temper near-term upside. Is Lam Research Corporation (LRCX) A Good Stock To Buy Now?

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. UBS Group set a $300.00 price target on Lam Research in a research report on Thursday, January 29th. Citigroup increased their target price on Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. TD Cowen raised their target price on shares of Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Evercore set a $275.00 price target on shares of Lam Research in a research note on Thursday, January 29th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $245.35.

Lam Research Stock Up 3.2%

Shares of NASDAQ:LRCX opened at $226.47 on Wednesday. The business’s 50 day moving average is $225.63 and its 200 day moving average is $175.37. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $256.68. The stock has a market cap of $282.81 billion, a price-to-earnings ratio of 46.41, a PEG ratio of 2.36 and a beta of 1.77. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, sell-side analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is currently 21.31%.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the transaction, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 130,886 shares of company stock worth $29,658,802 over the last quarter. 0.31% of the stock is currently owned by company insiders.

Lam Research Company 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.