Lam Research Corporation $LRCX Shares Acquired by Stephens Inc. AR

Posted by Amy Steele on Jan 16th, 2026

Stephens Inc. AR boosted its position in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 268.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,302 shares of the semiconductor company’s stock after purchasing an additional 24,989 shares during the period. Stephens Inc. AR’s holdings in Lam Research were worth $4,593,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of LRCX. Sava Infond d.o.o. raised its holdings in Lam Research by 3.1% during the 2nd quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock worth $7,325,000 after buying an additional 2,250 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in shares of Lam Research by 30.9% during the third quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock valued at $19,369,000 after acquiring an additional 34,147 shares during the period. Horizon Bancorp Inc. IN purchased a new stake in shares of Lam Research in the 2nd quarter valued at approximately $389,000. Genus Capital Management Inc. acquired a new position in Lam Research in the 2nd quarter worth approximately $14,476,000. Finally, Diversified Trust Co grew its position in Lam Research by 34.4% during the 3rd quarter. Diversified Trust Co now owns 31,922 shares of the semiconductor company’s stock worth $4,274,000 after purchasing an additional 8,172 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Lam Research

In related news, Director Bethany Mayer sold 1,298 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the sale, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. The trade was a 44.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ava Harter sold 9,010 shares of the stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the transaction, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. This trade represents a 13.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 50,418 shares of company stock valued at $7,667,305. Corporate insiders own 0.31% of the company’s stock.

Lam Research Price Performance

NASDAQ LRCX opened at $217.47 on Friday. The company has a 50 day moving average price of $170.33 and a two-hundred day moving average price of $136.11. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $229.57. The stock has a market capitalization of $273.15 billion, a PE ratio of 47.90, a price-to-earnings-growth ratio of 2.40 and a beta of 1.77. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.04. The business had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. Lam Research’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research’s dividend payout ratio is currently 22.91%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on LRCX. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $265.00 target price (up previously from $210.00) on shares of Lam Research in a research report on Thursday, January 8th. Wells Fargo & Company set a $250.00 price objective on Lam Research and gave the stock an “overweight” rating in a research report on Thursday. Stifel Nicolaus lifted their target price on Lam Research from $160.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday. HSBC increased their price target on shares of Lam Research from $127.00 to $181.00 and gave the stock a “hold” rating in a research report on Friday, January 9th. Finally, Needham & Company LLC boosted their price objective on shares of Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Twenty-eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $189.55.

Read Our Latest Stock Report on Lam Research

Lam Research News Roundup

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

Positive Sentiment: Rothschild & Co Redburn raised its price target on Lam to $225 and kept a Buy rating, signaling stronger analyst conviction. Rothschild & Co Redburn adjusts Lam Research price target to $225 from $150, maintains buy rating
Positive Sentiment: Stifel Nicolaus boosted its Lam price target to $250 (from $160) and reiterated a Buy, citing stronger WFE demand — a large upward revision that supports higher upside expectations. LRCX Lam Research price target raised by Stifel
Positive Sentiment: Bank of America raised its Lam price target to $245, another major house increasing its valuation — reinforcing the analyst-driven momentum behind the stock. Bank of America Increases Lam Research Price Target to $245
Positive Sentiment: Seeking Alpha upgraded LRCX to Buy, arguing a WFE “supercycle” (revised wafer-fab spending +10–15% YoY) raises sales, EBITDA and FCF forecasts — analyst base-case PT cited near $247 with a bullish scenario higher. Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
Positive Sentiment: Industry and market coverage point to a stronger WFE backdrop — Stifel and others forecast up to ~15% WFE spending growth in 2026, which directly benefits equipment suppliers like Lam. WFE spending forecast to grow up to 15% in 2026: Stifel
Positive Sentiment: Barron’s and market coverage note that TSMC’s heavy capex is boosting suppliers (ASML, Lam, AMAT), lending fundamental tailwinds to Lam’s order and revenue outlook. ASML, Lam Research, Applied Materials Surge. Why Chip Stocks Are Getting a Boost.
Neutral Sentiment: Zacks published momentum-style coverage assessing LRCX as a strong momentum candidate given recent gains; useful for timing/rotation but less directly informative on fundamentals. What Makes Lam Research (LRCX) a Strong Momentum Stock: Buy Now?
Neutral Sentiment: General analyst-coverage summaries are highlighting broad Street optimism; these stories can amplify moves but are repetitive of the price-target/upgrade news. Why Is Lam Research Stock Soaring Thursday?
Negative Sentiment: Zacks flags a potential headwind: Lam’s China revenue may fall below 30% in 2026 due to export controls, which could pressure near-term growth if non-China demand doesn’t fully offset the decline. Will LRCX’s China Revenue Drop Below 30% Hurt 2026 Growth Outlook?

About Lam Research

(Free Report)

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.