Lam Research Corporation $LRCX Shares Sold by Eldred Rock Partners LLC

Eldred Rock Partners LLC decreased its stake in Lam Research Corporation (NASDAQ:LRCX) by 51.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,617 shares of the semiconductor company’s stock after selling 93,986 shares during the period. Lam Research makes up 3.9% of Eldred Rock Partners LLC’s portfolio, making the stock its 9th largest holding. Eldred Rock Partners LLC’s holdings in Lam Research were worth $14,998,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Lam Research by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after purchasing an additional 364,949 shares during the period. State Street Corp increased its holdings in shares of Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after purchasing an additional 265,805 shares during the period. Invesco Ltd. raised its position in shares of Lam Research by 18.2% during the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after buying an additional 3,263,658 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of 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 valued at $1,518,542,000 after buying an additional 10,053,978 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in shares of Lam Research by 6.8% in the third quarter. Nordea Investment Management AB now owns 11,312,752 shares of the semiconductor company’s stock valued at $1,512,854,000 after buying an additional 718,178 shares during the period. Institutional investors own 84.61% of the company’s stock.

Key Stories Impacting Lam Research

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

• Positive Sentiment: AI-driven demand positions Lam as a “pick-and-shovel” beneficiary — analysts note semiconductor equipment names like LRCX are surging as AI chip capex lifts long-term revenue potential. 2 AI Pick-and-Shovel Stocks Poised to Be the Next NVIDIA
• Positive Sentiment: Bullish fundamental coverage — Seeking Alpha highlights Lam’s strong margins, improved operating efficiency and positioning as a critical etch-equipment supplier to foundries, supporting longer-term growth expectations. Lam Research: Poised For Growth, Looking Past Short-Term Turbulence
• Positive Sentiment: Price-target lift: New Street Research raised its target to $235 (from $140) — signaling higher valuation potential even while keeping a neutral rating, which can underpin upside expectations. New Street adjusts price target on Lam Research to $235
• Neutral Sentiment: Corporate calendar: Lam set its March-quarter earnings conference call for April 22 — a near-term event that could drive volatility depending on guidance and commentary. Lam Research Corporation Announces March Quarter Financial Conference Call
• Neutral Sentiment: Notable investor moves: Coverage notes Ray Dalio’s Bridgewater trimmed its Lam stake — signals attention from large holders but not necessarily a directional verdict. Lam Research Corporation (LRCX): Billionaire Ray Dalio Trims Stake in Chip Stock
• Negative Sentiment: Analyst downgrade: Erste Group cut LRCX from “buy” to “hold,” adding near-term selling pressure as momentum investors react. Finviz: Analyst downgrade
• Negative Sentiment: Regulatory risk: U.S. lawmakers unveiled draft legislation to tighten exports of chipmaking tools to China — broader restrictions would reduce addressable markets for equipment suppliers and increase geopolitical uncertainty. US Lawmakers Propose Crackdown on Chip Tool Sales to China

Insider Transactions at Lam Research

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

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of recent research reports. HSBC lifted their target price on Lam Research from $181.00 to $221.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. TD Cowen raised their price objective on Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Mizuho set a $265.00 price objective on Lam Research in a report on Wednesday, January 28th. Barclays upped their target price on Lam Research from $250.00 to $255.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 10th. Finally, JPMorgan Chase & Co. raised their target price on Lam Research from $165.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $245.35.

Lam Research Trading Down 1.6%

LRCX stock opened at $218.44 on Friday. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $256.68. The firm has a market cap of $272.78 billion, a P/E ratio of 44.76, a P/E/G ratio of 2.39 and a beta of 1.78. The business’s 50 day moving average is $227.01 and its 200-day moving average is $184.19. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping the consensus estimate 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 return on equity of 62.81% and a net margin of 30.22%.Lam Research’s revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the company earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s payout ratio is currently 21.31%.

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.