Lam Research Corporation $LRCX Shares Bought by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 52.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 262,544 shares of the semiconductor company’s stock after buying an additional 89,856 shares during the period. Mediolanum International Funds Ltd’s holdings in Lam Research were worth $34,417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Lam Research in the second quarter valued at $1,894,585,000. JPMorgan Chase & Co. increased its position in shares of Lam Research by 14.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock worth $3,954,188,000 after purchasing an additional 5,102,589 shares during the last quarter. Nordea Investment Management AB raised its holdings in Lam Research by 34.1% in the 2nd quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock valued at $1,029,210,000 after buying an additional 2,692,189 shares during the period. Artisan Partners Limited Partnership raised its holdings in Lam Research by 35.4% in the 2nd quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock valued at $958,786,000 after buying an additional 2,575,456 shares during the period. Finally, Sei Investments Co. lifted its position in Lam Research by 103.5% in the second quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock valued at $296,833,000 after buying an additional 1,550,842 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity

In other news, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction dated 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 in the company, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Bethany Mayer sold 1,298 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was 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 $264,303.48. This trade represents a 44.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 41,408 shares of company stock valued at $6,248,501. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on LRCX. Susquehanna set a $325.00 price target on shares of Lam Research and gave the company a “positive” rating in a research report on Thursday. Stifel Nicolaus lifted their target price on shares of Lam Research from $250.00 to $280.00 and gave the company a “buy” rating in a report on Thursday. JPMorgan Chase & Co. boosted their target price on Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday. Oppenheimer restated an “outperform” rating and set a $265.00 price target on shares of Lam Research in a research report on Thursday. Finally, Mizuho set a $265.00 target price on Lam Research in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $238.32.

Lam Research Stock Down 5.9%

Shares of Lam Research stock opened at $233.46 on Friday. The company has a quick ratio of 1.60, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $251.87. The company has a market capitalization of $293.23 billion, a P/E ratio of 47.84, a P/E/G ratio of 3.05 and a beta of 1.77. The company has a 50 day moving average of $187.29 and a 200 day moving average of $146.33.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The company’s revenue was up 22.1% on a year-over-year basis. During the same period last year, the business earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, research analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, December 3rd. Lam Research’s dividend payout ratio is currently 21.31%.

Lam Research News Summary

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.