Capital Research Global Investors Acquires 12,624 Shares of Lam Research Corporation $LRCX

Capital Research Global Investors boosted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 0.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,633,281 shares of the semiconductor company’s stock after acquiring an additional 12,624 shares during the period. Capital Research Global Investors owned 0.21% of Lam Research worth $352,596,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in LRCX. Norges Bank acquired a new position in shares of Lam Research during the 2nd quarter valued at $1,894,585,000. JPMorgan Chase & Co. grew 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 buying an additional 5,102,589 shares during the period. Artisan Partners Limited Partnership increased its position in Lam Research by 35.4% in the 2nd quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock valued at $958,786,000 after buying an additional 2,575,456 shares in the last quarter. Sei Investments Co. raised its stake in Lam Research by 103.5% during the 2nd quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock worth $296,833,000 after buying an additional 1,550,842 shares during the period. Finally, Voya Investment Management LLC boosted its holdings in Lam Research by 48.9% in the third quarter. Voya Investment Management LLC now owns 4,445,681 shares of the semiconductor company’s stock worth $594,620,000 after acquiring an additional 1,460,622 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Buying and Selling at Lam Research

In related news, insider Ava Harter sold 1,500 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the transaction, the insider directly owned 53,205 shares of the company’s stock, valued at approximately $11,846,625.30. This trade represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 130,886 shares of company stock valued at $29,658,802 in the last three months. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $215.23 on Wednesday. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $256.68. 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 company’s 50-day moving average is $222.49 and its 200 day moving average is $171.33. The stock has a market capitalization of $268.77 billion, a P/E ratio of 44.10, a P/E/G ratio of 2.27 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. The firm had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company’s revenue was up 22.1% on a year-over-year basis. During the same period last year, the company earned $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, sell-side analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio is presently 21.31%.

Key Stories Impacting Lam Research

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

• Positive Sentiment: IBM partnership announced to advance sub‑1nm logic scaling, covering novel materials, advanced processes and High‑NA EUV techniques — a strategic win that reinforces Lam’s role in next‑generation node toolsets and long‑term TAM expansion. IBM and Lam Research Announce Collaboration
• Positive Sentiment: Barclays raised its firm price target on LRCX to $255 (equal weight) and the bank also boosted chip‑gear spending estimates — both moves support a stronger revenue outlook for wafer‑fab equipment suppliers and lift investor sentiment for Lam. Barclays Price Target Raise
• Positive Sentiment: Inclusion in the S&P 100 (effective March 23) and a sector rebound into semiconductor‑equipment names are drawing flows into LRCX, supporting near‑term demand from passive and active investors. QuiverQuant Coverage
• Positive Sentiment: Short interest fell ~20.7% in February to ~26.1M shares (about 2.1% of float) and days‑to‑cover is ~3.0 — reduced short exposure can remove a source of selling pressure and amplify rally momentum when demand improves. (data summary)
• Neutral Sentiment: Industry note: analysts and outlets are reassessing valuation after a very strong 1‑year run and recent pullback; Lam’s outperformance raises questions about near‑term multiples even as fundamentals remain strong. Valuation Assessment
• Negative Sentiment: Significant insider selling has been reported in recent months (multiple executives selling shares) and some large institutional rebalancing occurred (e.g., UBS trimmed a very large position in Q4 2025) — these can be interpreted as supply signals or portfolio adjustments that cap upside if sustained. Insider & Institutional Activity

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a $200.00 target price (up from $175.00) on shares of Lam Research in a research report on Monday, December 15th. Barclays lifted their price target on shares of Lam Research from $250.00 to $255.00 and gave the company an “equal weight” rating in a research report on Tuesday. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Morgan Stanley lifted their price objective on shares of Lam Research from $244.00 to $254.00 and gave the company an “equal weight” rating in a report on Wednesday, February 25th. Finally, Oppenheimer restated an “outperform” rating and issued a $265.00 target price on shares of Lam Research in a research note on Thursday, January 29th. One equities 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 stock. According to MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus price target of $245.35.

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.