AEGON ASSET MANAGEMENT UK Plc Makes New $21.02 Million Investment in Lam Research Corporation $LRCX

AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) during the third quarter, according to its most recent filing with the SEC. The fund acquired 157,045 shares of the semiconductor company’s stock, valued at approximately $21,017,000.

Several other large investors have also added to or reduced their stakes in the stock. Gilliland Jeter Wealth Management LLC lifted its holdings in shares of Lam Research by 0.3% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock worth $3,548,000 after buying an additional 69 shares in the last quarter. Gold Investment Management Ltd. increased its holdings in Lam Research by 0.5% during the 3rd quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock worth $1,973,000 after acquiring an additional 70 shares during the period. Hemington Wealth Management lifted its stake in Lam Research by 4.3% in the 3rd quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock worth $231,000 after purchasing an additional 72 shares in the last quarter. Magnus Financial Group LLC lifted its stake in Lam Research by 0.3% in the 3rd quarter. Magnus Financial Group LLC now owns 22,838 shares of the semiconductor company’s stock worth $3,058,000 after purchasing an additional 76 shares in the last quarter. Finally, Natural Investments LLC grew its position in shares of Lam Research by 2.4% during the 3rd quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company’s stock valued at $456,000 after purchasing an additional 79 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: Zacks upgraded LRCX to a Zacks Rank #1 (Strong Buy), a move that typically attracts momentum flows and retail/institutional attention; the upgrade is being cited as a catalyst for optimism about near-term earnings and price momentum. Lam Research (LRCX) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Analyst commentary (Zacks) and coverage notes point to strong AI-chip demand and rising DRAM spending that should help LRCX beat Q2 estimates, supporting upside expectations for revenue and margins. LRCX Likely to Beat Q2 Earnings Estimates: Should You Buy the Stock?
• Positive Sentiment: Media coverage highlights AI-driven momentum (a recent piece notes the stock jumped on AI buzz and tariff news), which can attract short-term buyers and program trades. Why Lam Research (LRCX) Is Up 5.0% After AI Buzz And Tariff Jitters Hit Spotlight
• Neutral Sentiment: New Street raised its price target to $195 (from $140) but kept a “neutral” rating — the higher target signals improving fundamental views, but the maintained neutral limits the endorsement strength for further rallies. New Street Adjusts Lam Research Price Target to $195 From $140; Maintains Neutral Rating
• Neutral Sentiment: High-profile mentions (e.g., Jim Cramer calling LRCX “the best of the best” while warning about buying parabolic moves) can boost credibility but also encourage caution among momentum-sensitive traders. Jim Cramer calls Lam Research the “best of the best” but warns against buying parabolic moves
• Negative Sentiment: Unusually large put-option volume: traders bought ~87,781 puts (about +129% vs. average), a sharp rise in bearish/options-hedging activity that can signal investor risk-off, price protection flows, or speculative bearish bets — all of which can add downward pressure or volatility.
• Negative Sentiment: Relative weakness vs. peers: coverage notes that LRCX underperformed competitors on Thursday, a datapoint traders watch for leadership shifts within the semiconductor equipment group and to gauge rotation risk. Lam Research Corp. stock underperforms Thursday when compared to competitors

Insider Transactions at Lam Research

In related news, Director Bethany Mayer sold 1,298 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director owned 1,652 shares in the company, valued at $264,303.48. The trade was a 44.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the transaction, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at $148,677,892.20. The trade was a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 41,408 shares of company stock worth $6,248,501 in the last 90 days. Corporate insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Barclays set a $195.00 price objective on Lam Research in a research note on Thursday, January 15th. JPMorgan Chase & Co. lifted their price target on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Rothschild & Co Redburn upped their price objective on shares of Lam Research from $150.00 to $225.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. HSBC raised their target price on shares of Lam Research from $127.00 to $181.00 and gave the company a “hold” rating in a research note on Friday, January 9th. Finally, Stifel Nicolaus boosted their price target on shares of Lam Research from $160.00 to $250.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $200.52.

Lam Research Stock Performance

NASDAQ:LRCX opened at $217.94 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $236.10. The firm has a market cap of $273.74 billion, a PE ratio of 48.00, a price-to-earnings-growth ratio of 2.76 and a beta of 1.77. The business has a 50 day moving average price of $178.08 and a 200-day moving average price of $141.88.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is 22.91%.

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.