Pacer Advisors Inc. Has $79.42 Million Holdings in Lam Research Corporation $LRCX

Pacer Advisors Inc. increased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 168.4% during the third quarter, Holdings Channel reports. The fund owned 593,148 shares of the semiconductor company’s stock after purchasing an additional 372,195 shares during the period. Pacer Advisors Inc.’s holdings in Lam Research were worth $79,423,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LRCX. Brighton Jones LLC increased its stake in shares of Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 12,936 shares in the last quarter. Ieq Capital LLC grew its holdings in Lam Research by 20.9% during the 1st quarter. Ieq Capital LLC now owns 185,239 shares of the semiconductor company’s stock worth $13,467,000 after acquiring an additional 32,051 shares during the last quarter. Truvestments Capital LLC grew its holdings in Lam Research by 19.3% during the 1st quarter. Truvestments Capital LLC now owns 8,704 shares of the semiconductor company’s stock worth $633,000 after acquiring an additional 1,406 shares during the last quarter. Itau Unibanco Holding S.A. increased its position in Lam Research by 1,501.4% in the 1st quarter. Itau Unibanco Holding S.A. now owns 21,187 shares of the semiconductor company’s stock valued at $1,540,000 after acquiring an additional 19,864 shares in the last quarter. Finally, Trexquant Investment LP raised its stake in shares of Lam Research by 25.2% in the first quarter. Trexquant Investment LP now owns 718,410 shares of the semiconductor company’s stock worth $52,228,000 after acquiring an additional 144,606 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on LRCX shares. Oppenheimer set a $200.00 target price on shares of Lam Research and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Susquehanna upped their price objective on Lam Research from $135.00 to $200.00 and gave the stock a “positive” rating in a report on Thursday, October 23rd. Evercore ISI increased their price objective on Lam Research from $115.00 to $170.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Stifel Nicolaus set a $160.00 target price on Lam Research and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Rothschild & Co Redburn boosted their target price on Lam Research from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Twenty-six research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $161.21.

Insider Buying and Selling

In other news, Director Bethany Mayer sold 1,298 shares of the company’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 completion of the sale, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. This represents a 44.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Vahid Vahedi sold 52,190 shares of the stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the sale, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This represents a 17.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 102,608 shares of company stock valued at $14,916,496 over the last 90 days. 0.31% of the stock is owned by corporate insiders.

Lam Research Price Performance

LRCX opened at $177.24 on Friday. The company has a fifty day moving average price of $157.66 and a two-hundred day moving average price of $125.34. The firm has a market capitalization of $222.62 billion, a PE ratio of 39.04, a P/E/G ratio of 2.05 and a beta of 1.77. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $177.56. 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 (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the company earned $0.86 EPS. The firm’s revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s payout ratio is presently 22.91%.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: AI-driven equipment demand is being cited as the main catalyst — recent reports say strong AI-related wafer fab orders lifted margins and the company narrative, supporting a multi-quarter revenue/earnings upgrade for Lam. Lam Research (LRCX) Is Up 7.4% After AI-Driven Equipment Demand Lifts Margins And Outlook Narrative
• Positive Sentiment: Analyst momentum and institutional research support (including a maintained buy from UBS) have helped lift sentiment and trading activity, contributing to intraday strength. UBS maintains Lam Research (LRCX) buy recommendation
• Positive Sentiment: Options volume and momentum signals spiked alongside analyst upgrades, amplifying short-term upside and helping push the stock to a new 52‑week high. Lam Research Target of Unusually High Options Trading (NASDAQ:LRCX)
• Positive Sentiment: Multiple outlets are upgrading the long-term growth thesis — coverage highlights secular AI tailwinds, attractive margins and valuation re-rating potential as reasons to stay long-term bullish. Lam Research (LRCX): Assessing Valuation After AI-Driven Upgrades and Strong Wafer Fab Demand
• Neutral Sentiment: Reported short-interest data for late December appears unreliable/zero in the feeds; nothing actionable from these figures for now, so short-squeeze risk is unclear.
• Negative Sentiment: Delphi Management trimmed its stake (sold 4,149 shares, ~24.9% of its holding), a small institutional sell that could be viewed as a minor negative signal but is unlikely to alter the broader market view given the size. Delphi Management Inc. MA Sells 4,149 Shares of Lam Research Corporation $LRCX

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.