Focus Partners Advisor Solutions LLC Acquires 7,652 Shares of Lam Research Corporation $LRCX

Focus Partners Advisor Solutions LLC increased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 63.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 19,699 shares of the semiconductor company’s stock after acquiring an additional 7,652 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Lam Research were worth $2,638,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake 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 period. State Street Corp lifted its holdings in Lam Research by 1.1% during the 2nd quarter. State Street Corp now owns 59,551,547 shares of the semiconductor company’s stock valued at $5,810,172,000 after buying an additional 629,666 shares in the last quarter. JPMorgan Chase & Co. boosted its position 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 buying an additional 5,102,589 shares during the period. Geode Capital Management LLC grew its stake 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 acquiring an additional 1,135,405 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Lam Research during the second quarter worth approximately $1,894,585,000. Hedge funds and other 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: Lam’s recent financials and guidance support the recovery narrative: the company beat EPS and revenue estimates and issued upbeat quarterly guidance, giving investors confidence in demand cadence. Read More.
• Positive Sentiment: Operational news: Lam opened a Boise office to deepen R&D and manufacturing collaboration with Micron, reinforcing its role in memory and AI-related tool demand — a tangible growth catalyst if Micron’s capex continues. Read More.
• Neutral Sentiment: Analyst/ratings flow is constructive (Zacks add to Strong Buy list and multiple firms lifting targets), which supports longer-term interest but doesn’t guarantee short-term moves. Read More.
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference — useful color on demand/timing but no new guidance that would immediately change the outlook. Read More.
• Negative Sentiment: Sector-triggered selling: memory and storage stocks plunged after overseas market moves and renewed energy-price concerns tied to geopolitical developments; that hit Lam intraday given its exposure to memory customers, creating volatility and downward pressure. Read More.
• Negative Sentiment: Insider selling: recent large sales by senior insiders (including the CFO’s multi‑million dollar Form 4) can prompt short-term investor concern and weigh on sentiment even though insiders retain substantial stakes. Read More.

Analyst Ratings Changes

A number of analysts recently issued reports on LRCX shares. Jefferies Financial Group reiterated a “buy” rating and issued a $200.00 price target (up from $175.00) on shares of Lam Research in a report on Monday, December 15th. Evercore set a $275.00 target price on Lam Research in a report on Thursday, January 29th. Barclays set a $250.00 price target on Lam Research in a research report on Thursday, January 29th. The Goldman Sachs Group set a $262.00 price objective on Lam Research and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, Argus increased their target price on shares of Lam Research from $175.00 to $280.00 in a report on Tuesday, February 3rd. One 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average 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 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 sale, the director 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ava Harter sold 4,000 shares of the company’s stock in a transaction dated 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 approximately $12,718,912.50. This trade represents a 6.81% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 79,329 shares of company stock worth $18,110,542. Insiders own 0.31% of the company’s stock.

Lam Research Price Performance

LRCX opened at $222.99 on Thursday. The firm has a market capitalization of $278.46 billion, a PE ratio of 45.69, a price-to-earnings-growth ratio of 2.34 and a beta of 1.77. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The business’s 50-day moving average is $219.78 and its two-hundred day moving average is $167.73. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $256.68.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The company’s revenue was up 22.1% compared to the same quarter last year. During the same period last year, the business earned $0.91 EPS. 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 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research’s dividend payout ratio is presently 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.