Public Sector Pension Investment Board Acquires 420,806 Shares of Lam Research Corporation $LRCX

Public Sector Pension Investment Board boosted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 110.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 803,009 shares of the semiconductor company’s stock after buying an additional 420,806 shares during the quarter. Public Sector Pension Investment Board’s holdings in Lam Research were worth $107,523,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of LRCX. Lingohr Asset Management GmbH raised its stake in shares of Lam Research by 590.7% during the 3rd quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after acquiring an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd grew its holdings in Lam Research by 52.0% in the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock worth $34,417,000 after purchasing an additional 89,856 shares during the last quarter. First Citizens Bank & Trust Co. grew its holdings in Lam Research by 8.0% in the third quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock worth $18,804,000 after purchasing an additional 10,408 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position 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 worth $19,369,000 after purchasing an additional 34,147 shares in the last quarter. Finally, Truist Financial Corp lifted its holdings in shares of Lam Research by 119.6% during the 3rd quarter. Truist Financial Corp now owns 1,676,637 shares of the semiconductor company’s stock valued at $224,502,000 after purchasing an additional 913,009 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. The trade was a 12.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

LRCX has been the topic of several recent analyst reports. Berenberg Bank upped their target price on Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. B. Riley Financial restated a “buy” rating on shares of Lam Research in a research note on Thursday, January 15th. Wall Street Zen lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Needham & Company LLC lifted their target price on shares of Lam Research from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $320.00 price target (up previously from $265.00) on shares of Lam Research in a research note on Thursday, January 29th. One research 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 MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $244.88.

More Lam Research News

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

• Positive Sentiment: Company leadership changes and new partnership efforts aimed at next‑generation chip demand bolster Lam’s positioning in high‑growth segments; this supports medium‑term revenue/growth expectations. Lam Research Reshapes Leadership And Partnerships For Next Generation Chip Demand
• Positive Sentiment: Analysts point to secular tailwinds (AI, advanced logic, memory) driving long‑term demand for Lam’s etch and deposition tools, providing a favorable industry backdrop for sustained sales and margin expansion. Analysts cite secular trends for Lam Research Corporation (LRCX)’s development
• Positive Sentiment: Sanford C. Bernstein reiterates a constructive view and expects upside, which can support sentiment and buying interest from momentum and institutional investors. Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says
• Positive Sentiment: Recent quarterly results showed an EPS and revenue beat with raised guidance (Q3 FY2026 EPS guide 1.25–1.45), underpinning fundamentals and valuation multiple support for the stock.
• Neutral Sentiment: Pieces questioning Lam’s long‑run growth runway provide useful context for long‑term investors but contain mixed conclusions — watch thesis details rather than headlines. Does Lam Research Corporation (LRCX) Have a Long Runway for Growth?
• Neutral Sentiment: Short‑interest data reported shows no meaningful read (zeros/NaN), so there is no clear short‑pressure signal to explain intraday moves. (Likely a data artifact rather than market action.)
• Negative Sentiment: Insider selling headlines (including a 35,000‑share sale by Eric Brandt) are pressuring sentiment and sparking near‑term weakness despite no indication the sales reflect deteriorating fundamentals. Eric Brandt Sells 35,000 Shares of Lam Research (NASDAQ:LRCX) Stock
• Negative Sentiment: Related coverage highlights insider selling and notes a short‑term price decline tied to those filings, which can trigger momentum‑driven selling even when fundamentals remain intact. Lam Research (NASDAQ:LRCX) Stock Price Down 1.2% on Insider Selling

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $231.29 on Friday. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $251.87. The company’s 50 day moving average is $200.23 and its 200 day moving average is $154.00. The company has a market cap of $288.83 billion, a PE ratio of 47.40, a price-to-earnings-growth ratio of 2.52 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating 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 business had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the prior year, the firm earned $0.91 EPS. The business’s revenue for the quarter was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, sell-side analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is currently 21.31%.

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.