Lam Research Corporation $LRCX Position Increased by Victory Capital Management Inc.

Victory Capital Management Inc. grew its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 0.4% in the third quarter, HoldingsChannel reports. The fund owned 1,898,837 shares of the semiconductor company’s stock after buying an additional 8,502 shares during the period. Victory Capital Management Inc.’s holdings in Lam Research were worth $254,254,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Lam Research by 0.3% during the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after purchasing an additional 364,949 shares during the last quarter. State Street Corp boosted its holdings in Lam Research by 1.1% in the second 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. raised its stake in shares of 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 acquiring an additional 5,102,589 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Lam Research by 3.5% in 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 during the last quarter. Finally, Norges Bank bought a new stake in Lam Research during the second quarter worth approximately $1,894,585,000. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Performance

Shares of Lam Research stock opened at $217.27 on Wednesday. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The stock’s fifty day simple moving average is $218.86 and its 200 day simple moving average is $167.34. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $256.68. The company has a market capitalization of $271.32 billion, a PE ratio of 44.52, a PEG ratio of 2.49 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, research analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is 21.31%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Oppenheimer reissued an “outperform” rating and issued a $265.00 price target on shares of Lam Research in a research report on Thursday, January 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $290.00 target price (up from $260.00) on shares of Lam Research in a report on Thursday, January 29th. New Street Research raised their price target on Lam Research from $195.00 to $235.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. TD Cowen boosted their price objective on Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lam Research in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $245.19.

Insider Activity

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the transaction, the director owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ava Harter sold 4,000 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $232.50, for a total transaction of $930,000.00. Following the transaction, the insider owned 54,705 shares in the company, valued at $12,718,912.50. The trade was a 6.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 79,329 shares of company stock worth $18,110,542. 0.31% of the stock is currently owned by corporate insiders.

More Lam Research News

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

• Positive Sentiment: Zacks added LRCX to its Rank #1 (Strong Buy) list, which can attract momentum and retail/quant flows into the stock. Read More.
• Positive Sentiment: Wall Street remains constructive: multiple firms have raised price targets recently (TD Cowen, Barclays, Mizuho among others) and consensus remains a “Moderate Buy,” supporting longer‑term upside expectations. Read More.
• Positive Sentiment: Lam announced a quarterly dividend (ex‑dividend March 4), a modest positive for income/total‑return investors and a signal of cash‑flow strength. Read More.
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; the transcript provides incremental color on demand cadence and execution but did not contain fresh, market‑moving guidance. Investors will parse order trends and capex commentary for confirmation. Read More.
• Neutral Sentiment: Technical/commentary pieces flag potential near‑term upside targets, which can increase trading volatility but are speculative and not fundamental catalysts. Read More.
• Negative Sentiment: Insider selling: CFO Douglas Bettinger sold ~40,329 shares (~$9.3M) and director/officer Ava Harter sold 4,000 shares (~$930k) in early March. Large, near‑simultaneous disposals by senior insiders often trigger short‑term selling pressure and investor concern despite insiders retaining sizable stakes. Read More. Read More.
• Negative Sentiment: Near‑term market performance: reports show LRCX underperformed semiconductor peers on Monday, which can amplify algorithmic/momentum outflows and pressure the stock in the short run. Read More.

Lam Research Company 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.