Quantum Portfolio Management LLC Has $1.79 Million Position in Lam Research Corporation $LRCX

Quantum Portfolio Management LLC raised its position in Lam Research Corporation (NASDAQ:LRCX) by 52.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,334 shares of the semiconductor company’s stock after buying an additional 4,586 shares during the quarter. Quantum Portfolio Management LLC’s holdings in Lam Research were worth $1,785,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Lam Research by 1.1% in the second quarter. Vanguard Group Inc. now owns 130,609,265 shares of the semiconductor company’s stock valued at $12,713,506,000 after acquiring an additional 1,457,163 shares in the last quarter. State Street Corp raised its stake in Lam Research by 1.1% in the 2nd quarter. State Street Corp now owns 59,551,547 shares of the semiconductor company’s stock worth $5,810,172,000 after purchasing an additional 629,666 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Lam Research by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after purchasing an additional 5,102,589 shares during the period. Geode Capital Management LLC grew its position in shares of Lam Research by 3.5% during the 2nd quarter. Geode Capital Management LLC now owns 33,802,736 shares of the semiconductor company’s stock worth $3,280,484,000 after purchasing an additional 1,135,405 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of Lam Research during the 2nd quarter worth approximately $1,894,585,000. Institutional investors own 84.61% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: TSMC’s $52–$56 billion 2026 CapEx roadmap is highlighted as a direct driver of equipment demand for 2nm/3D chip builds — Lam Research is named specifically for cryogenic etching used in vertical stacking. The $56 Billion Draft: Follow TSMC’s CapEx Stream
• Positive Sentiment: Coverage highlighting TSMC’s $56B AI bet lists Lam among the primary beneficiaries, reinforcing the narrative that foundry CapEx flows directly to equipment suppliers. TSMC’s $56B AI Bet Just Made These 3 Stocks Millionaire Makers
• Positive Sentiment: Multiple sell‑side firms (Wells Fargo, RBC, Stifel, BofA, Rothschild/Redburn) raised ratings and price targets — several to ~$245–$250 — signaling stronger consensus forward estimates and supporting a higher valuation. Wells Fargo upgrade / The Fly
• Positive Sentiment: Industry press (Barron’s, Seeking Alpha) links broad chip-stock strength to TSMC’s spending — reinforcing sector momentum that benefits Lam as an essential equipment vendor. ASML, Lam Research, Applied Materials Surge
• Positive Sentiment: Analyst research/upgrades (Seeking Alpha write-up and Zacks pieces) increase earnings and free-cash-flow expectations based on a wafer‑fab-equipment (WFE) “supercycle,” which supports upward revisions to LRCX valuation models. Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
• Neutral Sentiment: Momentum and style-score stories (Zacks) reiterate LRCX’s growth traits — useful for investor positioning but less likely to move price than large-capital orders or formal guidance changes. Here’s Why Lam Research (LRCX) is a Strong Growth Stock

Insider Buying and Selling at Lam Research

In related news, Director Bethany Mayer sold 1,298 shares of the firm’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 sale, the director owned 1,652 shares of the company’s stock, valued at $264,303.48. This trade represents a 44.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of the business’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 sale, the chief financial officer owned 987,237 shares in the company, valued at $148,677,892.20. This represents a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 50,418 shares of company stock worth $7,667,305 over the last quarter. Corporate insiders own 0.31% of the company’s stock.

Lam Research Price Performance

Lam Research stock opened at $222.96 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $229.57. The stock has a market capitalization of $280.04 billion, a P/E ratio of 49.11, a price-to-earnings-growth ratio of 2.56 and a beta of 1.77. The stock has a fifty day moving average of $171.60 and a 200-day moving average of $137.53.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, sell-side analysts expect 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. Investors of record on Wednesday, December 3rd were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.04 annualized dividend and a yield of 0.5%. Lam Research’s dividend payout ratio is presently 22.91%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on LRCX. Sanford C. Bernstein reiterated an “outperform” rating and issued a $225.00 price target (up from $175.00) on shares of Lam Research in a research report on Monday, January 12th. TD Cowen lifted their price objective on Lam Research from $145.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Susquehanna reiterated a “positive” rating and set a $250.00 target price on shares of Lam Research in a research report on Monday, January 12th. Stifel Nicolaus increased their target price on Lam Research from $160.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, January 14th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $265.00 price target (up previously from $210.00) on shares of Lam Research in a research note on Thursday, January 8th. Twenty-eight research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $189.55.

Lam Research 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.