Intech Investment Management LLC Raises Position in Lam Research Corporation $LRCX

Intech Investment Management LLC lifted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 26.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,278 shares of the semiconductor company’s stock after acquiring an additional 7,312 shares during the quarter. Intech Investment Management LLC’s holdings in Lam Research were worth $4,724,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Lingohr Asset Management GmbH boosted its position in shares of Lam Research by 590.7% during the 3rd quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after acquiring an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd raised its position in shares of Lam Research by 52.0% during the 3rd quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock worth $34,417,000 after acquiring an additional 89,856 shares in the last quarter. First Citizens Bank & Trust Co. lifted its stake in Lam Research by 8.0% during the third quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock worth $18,804,000 after purchasing an additional 10,408 shares during the last quarter. Thoroughbred Financial Services LLC boosted its holdings in Lam Research by 115.2% in the third quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after purchasing an additional 11,883 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in Lam Research by 30.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock valued at $19,369,000 after purchasing an additional 34,147 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Trading Down 2.2%

Shares of LRCX stock opened at $233.89 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 current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $216.90 and its two-hundred day moving average is $165.23. The company has a market capitalization of $292.07 billion, a P/E ratio of 47.93, a price-to-earnings-growth ratio of 2.52 and a beta of 1.78.

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, topping 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 for the quarter 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. Equities analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The company 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 dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, March 4th. Lam Research’s payout ratio is 21.31%.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Analyst upgrade lifted sentiment and earlier trading pushed LRCX to a 12‑month high, showing that buy-side momentum and improved estimates can drive near-term upside. Lam Research (NASDAQ:LRCX) Trading Up 2.1% After Analyst Upgrade
• Positive Sentiment: Lam is doubling down on specialty memory and close customer ties: a new Boise office to collaborate with Micron and a CEA‑Leti partnership for next‑gen specialty semiconductors — moves that could win design‑centered R&D work and drive equipment demand over the medium term. Leadership changes accompany the shift, signaling execution focus. Lam Research Resets Around Micron Partnership And Specialty Chip Expansion
• Positive Sentiment: Coverage and bullish commentary (including a prominent outlet projecting strong outperformance vs. peers) are adding investor attention and a constructive narrative around LRCX’s AI- and memory-related exposure. This can support multiple expansion if results and end‑market demand stay strong. Prediction: This AI Stock Will Be Worth More Than AMD by the End of 2026
• Neutral Sentiment: Market attention is high — LRCX is among the most‑searched names and recent pieces revisit the post‑earnings setup, suggesting elevated retail/institutional scrutiny that can amplify moves in either direction. Investors Heavily Search Lam Research Corporation (LRCX): Here is What You Need to Know
• Negative Sentiment: Sector‑level profit‑taking around Nvidia’s earnings (“buy the rumor, sell the news”) triggered a broader semiconductor pullback that hit Lam harder than the market; several reports note multi‑percent intraday drops. Short‑term market dynamics, not company fundamentals, appear to be the main driver of the recent down moves. Applied Materials, Broadcom, Lam Research, Western Digital, and Allegro MicroSystems Shares Are Falling, What You Need To Know
• Negative Sentiment: Standalone headlines highlight steeper declines versus the broader market and note the stock is lower since the last earnings report — a reminder that even after an earnings beat and solid guidance, cyclical demand and sentiment swings can pressure the shares. Lam Research (LRCX) Down 3.7% Since Last Earnings Report: Can It Rebound?

Analyst Ratings Changes

Several analysts have recently weighed in on LRCX shares. Summit Insights upgraded shares of Lam Research from a “hold” rating to a “buy” rating in a research report on Thursday, January 29th. Sanford C. Bernstein lifted their price target on shares of Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Citic Securities boosted their price target on shares of Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Wall Street Zen downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Rothschild & Co Redburn lifted their target price on Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $245.19.

Insider Transactions at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of the stock in a transaction dated 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 directly owned 253,705 shares of the company’s stock, valued at $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.31% of the stock is owned by corporate insiders.

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.