Lam Research Corporation $LRCX Shares Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. boosted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 68.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,819 shares of the semiconductor company’s stock after buying an additional 15,360 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Lam Research were worth $5,064,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Lam Research in the 2nd quarter valued at about $1,894,585,000. Arrowstreet Capital Limited Partnership lifted its stake in 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 worth $1,518,542,000 after purchasing an additional 10,053,978 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Lam Research by 14.4% in the second 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 in the last quarter. Invesco Ltd. boosted its holdings in Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after purchasing an additional 3,263,658 shares in the last quarter. Finally, Artisan Partners Limited Partnership increased its stake in Lam Research by 35.4% in the second quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock valued at $958,786,000 after purchasing an additional 2,575,456 shares during the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

More Lam Research News

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

• Positive Sentiment: Barclays raised its price target on LRCX (to $255) and the stock has received analyst upgrades that drove buying interest. Analyst upgrades and higher targets can lift sentiment and trigger short-term inflows. Is Lam Research One of the Best Large-Cap Tech Stocks to Invest In?
• Positive Sentiment: Lam announced a long-term collaboration with IBM targeting sub‑1nm logic scaling and High‑NA EUV work — a move that reinforces Lam’s technology leadership in next‑generation logic and AI chips, supporting longer‑term revenue and market‑share upside. Lam Research IBM Alliance Targets Sub 1nm Logic And AI Chip Demand
• Positive Sentiment: Analysts and industry pieces point to strong secular tailwinds (AI accelerator spending, advanced packaging and a supply‑constrained WFE cycle) that are driving recent outperformance and gave LRCX a 33% jump over three months — signaling continued demand visibility for equipment vendors. LRCX Stock Soars 33% in Three Months: Is There More Room for Growth?
• Neutral Sentiment: Lam has been reported as one of the suitors in takeover interest for BE Semiconductor Industries (BESI). A deal could extend Lam into advanced packaging technology, but would carry execution, integration and price risks — outcome is uncertain. Exclusive-BESI attracts takeover interest as advanced chip packaging demand surges, sources say
• Negative Sentiment: Some commentators warn valuation is rich and that the share price may need to “come back to earth,” which raises risk of profit‑taking if growth disappoints or macro/geopolitical headwinds intensify. Elevated valuation can amplify downside in a market pullback. Lam Research Corporation: Wonderful Company, But The Price Needs To Come Back To Earth
• Negative Sentiment: Macro/market dynamics: industry data shows hedge funds increasing short exposure in the current geopolitical and credit‑risk environment — a broader risk that can pressure cyclical tech and equipment names if sentiment reverses. Hazeltree Finds Hedge Funds Ramp Up Short Bets Amid Geopolitical Turmoil and Private Credit Concerns

Insider Activity

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Eric Brandt sold 35,000 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director directly owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 130,886 shares of company stock valued at $29,658,802 over the last quarter. Corporate insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

LRCX has been the topic of a number of research analyst reports. UBS Group set a $300.00 price objective on shares of Lam Research in a report on Thursday, January 29th. Citigroup increased their target price on shares of Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Bank of America boosted their price target on shares of Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Barclays upped their price objective on shares of Lam Research from $250.00 to $255.00 and gave the company an “equal weight” rating in a research note on Tuesday. Finally, Evercore set a $275.00 price objective on Lam Research in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $245.35.

Lam Research Stock Performance

NASDAQ:LRCX traded up $6.53 during trading hours on Friday, reaching $216.02. 1,772,299 shares of the company’s stock were exchanged, compared to its average volume of 11,946,855. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $256.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $269.76 billion, a price-to-earnings ratio of 44.31, a P/E/G ratio of 2.35 and a beta of 1.77. The company has a 50-day moving average of $224.21 and a 200 day moving average of $171.92.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $5.23 billion. During the same period in the previous year, the business posted $0.91 earnings per share. Lam Research’s quarterly revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Research analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

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 dividend payout ratio (DPR) is 21.31%.

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.