Mather Group LLC. Sells 4,978 Shares of Lam Research Corporation $LRCX

Mather Group LLC. reduced its holdings in Lam Research Corporation (NASDAQ:LRCX) by 11.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,331 shares of the semiconductor company’s stock after selling 4,978 shares during the quarter. Mather Group LLC.’s holdings in Lam Research were worth $6,390,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of LRCX. Norges Bank bought a new position in shares of Lam Research in the second quarter worth about $1,894,585,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Lam Research by 781.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock valued at $1,518,542,000 after purchasing an additional 10,053,978 shares during the last quarter. Invesco Ltd. grew its stake in shares of Lam Research by 18.2% during the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after purchasing an additional 3,263,658 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of Lam Research by 108.7% in the third quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock valued at $606,045,000 after purchasing an additional 2,356,897 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Lam Research by 138.6% in the third quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock valued at $472,294,000 after purchasing an additional 2,056,749 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Insider Activity at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the sale, the director directly owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at $242,334,371.15. The trade was a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,886 shares of company stock worth $29,658,802 in the last ninety days. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Susquehanna set a $325.00 price objective on Lam Research and gave the stock a “positive” rating in a report on Thursday, January 29th. Sanford C. Bernstein boosted their target price on Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. KeyCorp reaffirmed a “sector weight” rating on shares of Lam Research in a research note on Thursday, January 29th. Barclays raised their price target on Lam Research from $250.00 to $255.00 and gave the company an “equal weight” rating in a report on Tuesday, March 10th. Finally, Evercore set a $275.00 price objective on Lam Research in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $245.35.

Lam Research Stock Performance

LRCX stock opened at $211.62 on Friday. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $256.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The company has a market cap of $264.26 billion, a P/E ratio of 43.36, a price-to-earnings-growth ratio of 2.51 and a beta of 1.77. The business’s fifty day moving average is $228.05 and its 200-day moving average is $180.61.

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. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the previous year, the firm earned $0.91 earnings per share. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. 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 EPS for the current year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be paid a $0.26 dividend. 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 21.31%.

Trending Headlines about Lam Research

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

• Positive Sentiment: Erste Group slightly raised its FY2027 EPS estimate for Lam (from $7.00 to $7.02), signaling continued analyst confidence in Lam’s longer‑term profitability. Read More.
• Positive Sentiment: Bullish research pieces argue Lam is positioned for continued growth due to rising chip process complexity and AI-driven capital expenditures — supportive for medium/long-term revenue and margins. Read More.
• Positive Sentiment: Investment letters and coverage (e.g., Renaissance in a large‑cap growth strategy) highlight Lam’s exposure to growing chip complexity, a structural tailwind for deposition/etch equipment. Read More.
• Positive Sentiment: Technical/flow-driven buying signals have supported the stock recently (not fundamental-driven), which can amplify short-term rallies. Read More.
• Neutral Sentiment: Industry note: Applied Materials stands to benefit from rising HBM and advanced packaging demand — an industry tailwind that should also help Lam over time, though AMAT‑specific coverage may not translate directly into immediate upside for LRCX. Read More.
• Neutral Sentiment: Valuation write‑ups ask whether recent multi‑year gains already price in Lam’s growth; useful for timing entries but not a near‑term catalyst. Read More.
• Negative Sentiment: Immediate negative: investors sold LRCX after news that Google’s TurboQuant can significantly reduce memory requirements for AI models. That development raises short‑term uncertainty around demand for HBM and packaging — key end markets for advanced wafer‑fab equipment. This appears to be the primary driver of today’s pullback. Read More.

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.