Public Sector Pension Investment Board Boosts Stock Position in Lam Research Corporation $LRCX

Public Sector Pension Investment Board increased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 110.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 803,009 shares of the semiconductor company’s stock after purchasing an additional 420,806 shares during the period. Public Sector Pension Investment Board owned approximately 0.06% of Lam Research worth $107,523,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Connable Office Inc. bought a new stake in shares of Lam Research in the 3rd quarter worth about $216,000. Varma Mutual Pension Insurance Co grew its position in Lam Research by 8.7% in the third quarter. Varma Mutual Pension Insurance Co now owns 258,830 shares of the semiconductor company’s stock worth $34,657,000 after acquiring an additional 20,800 shares in the last quarter. Mitchell Capital Management Co. bought a new stake in Lam Research during the third quarter worth approximately $320,000. Savvy Advisors Inc. increased its stake in Lam Research by 3.5% during the third quarter. Savvy Advisors Inc. now owns 6,875 shares of the semiconductor company’s stock worth $921,000 after acquiring an additional 231 shares during the last quarter. Finally, LSV Asset Management raised its position in Lam Research by 31.9% during the third quarter. LSV Asset Management now owns 126,948 shares of the semiconductor company’s stock valued at $16,998,000 after purchasing an additional 30,668 shares during the period. Institutional investors own 84.61% of the company’s stock.

Lam Research Trading Down 1.6%

NASDAQ LRCX opened at $231.29 on Friday. The stock has a market cap of $288.83 billion, a PE ratio of 47.40, a PEG ratio of 2.52 and a beta of 1.78. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $251.87. The company’s 50-day moving average price is $200.23 and its 200-day moving average price is $154.00. 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 (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. The company had revenue of $5.34 billion during 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 firm’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities research analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

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

Analyst Upgrades and Downgrades

LRCX has been the subject of a number of recent research reports. Bank of America lifted their target price on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Mizuho set a $265.00 price objective on shares of Lam Research in a research note on Wednesday, January 28th. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. UBS Group set a $300.00 target price on shares of Lam Research in a report on Thursday, January 29th. Finally, Summit Insights raised shares of Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $244.88.

Trending Headlines about Lam Research

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

Insiders Place Their Bets

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction on 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 directly owned 253,705 shares in the company, valued at approximately $57,235,848. This represents a 12.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.31% of the stock is currently owned by company insiders.

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.