Lam Research Corporation $LRCX Shares Acquired by National Pension Service

National Pension Service increased its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 2.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,518,046 shares of the semiconductor company’s stock after purchasing an additional 96,382 shares during the period. National Pension Service’s holdings in Lam Research were worth $471,066,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new position in Lam Research in the 1st quarter valued at $239,000. LBP AM SA boosted its stake in Lam Research by 203.4% during the 2nd quarter. LBP AM SA now owns 23,237 shares of the semiconductor company’s stock worth $2,262,000 after purchasing an additional 15,577 shares during the last quarter. Pure Financial Advisors LLC grew its holdings in shares of Lam Research by 68.2% during the second quarter. Pure Financial Advisors LLC now owns 7,858 shares of the semiconductor company’s stock worth $765,000 after buying an additional 3,186 shares in the last quarter. Finally, Hilltop National Bank acquired a new stake in shares of Lam Research in the second quarter valued at about $38,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LRCX. KeyCorp restated a “sector weight” rating on shares of Lam Research in a research report on Thursday. Bank of America boosted their target price on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Sanford C. Bernstein set a $275.00 price target on Lam Research in a research report on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of Lam Research in a research report on Monday, December 29th. Finally, Oppenheimer restated an “outperform” rating and issued a $265.00 target price on shares of Lam Research in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $238.32.

Insider Buying and Selling

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director directly owned 1,652 shares in the company, valued at $264,303.48. This represents a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the transaction, the chief financial officer owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 41,408 shares of company stock worth $6,248,501. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Down 5.9%

Shares of NASDAQ:LRCX opened at $233.46 on Friday. The company has a market capitalization of $293.23 billion, a price-to-earnings ratio of 47.84, a PEG ratio of 3.05 and a beta of 1.77. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $251.87. The business has a 50-day moving average price of $187.29 and a 200 day moving average price of $146.02. The company has a current ratio of 2.26, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37.

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

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date was Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is 21.31%.

Lam Research News Roundup

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

• Positive Sentiment: Multiple major brokers sharply raised targets (many to $275–$300), signaling broad analyst bullishness after the quarter and suggesting upside versus earlier prices. These Analysts Boost Their Forecasts On Lam Research Following Strong Q2 Results
• Positive Sentiment: JPMorgan and Citigroup raised targets to $300 (overweight/buy), and firms including Needham, TD Cowen, Wells Fargo, Deutsche and Stifel also lifted targets — a strong institutional vote of confidence for continued AI/foundry-driven demand. Analyst target increases (Benzinga)
• Positive Sentiment: Lam beat Q2 estimates (EPS $1.27 vs. $1.17 est.; revenue $5.34B vs. $5.23B) and issued Q3 EPS guidance of $1.25–$1.45 and revenue above consensus — concrete operational drivers behind analyst upgrades. Lam Research Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
• Neutral Sentiment: New Street Research raised its target to $235 but kept a neutral rating, reflecting near-term upside limited relative to recent price strength. New Street adjusts price target on Lam Research to $235
• Negative Sentiment: HSBC raised its target to $221 but maintained a “hold,” which implies downside from recent levels and highlights some analyst caution despite better results. HSBC adjusts price target on Lam Research to $221
• Negative Sentiment: Coverage notes flag valuation concerns after a large run (high P/E and steep analyst target dispersion), which may limit further upside and explains some profit‑taking. Lam Research Earnings Beat Highlights AI Demand But Raises Valuation Questions

About Lam Research

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.