Federated Hermes Inc. Raises Stock Holdings in Lam Research Corporation $LRCX

Posted by Defense World Staff on Jan 29th, 2026

Federated Hermes Inc. increased its stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 96.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 624,326 shares of the semiconductor company’s stock after purchasing an additional 307,292 shares during the quarter. Federated Hermes Inc.’s holdings in Lam Research were worth $83,597,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Truist Financial Corp grew its holdings in shares of Lam Research by 119.6% during the third quarter. Truist Financial Corp now owns 1,676,637 shares of the semiconductor company’s stock worth $224,502,000 after buying an additional 913,009 shares in the last quarter. DSG Capital Advisors LLC grew its stake in Lam Research by 4.9% in the 3rd quarter. DSG Capital Advisors LLC now owns 32,314 shares of the semiconductor company’s stock worth $4,327,000 after acquiring an additional 1,518 shares during the period. J. Safra Sarasin Holding AG acquired a new position in Lam Research in the 3rd quarter valued at $3,033,000. Paragon Private Wealth Management LLC purchased a new position in shares of Lam Research during the 3rd quarter worth $289,000. Finally, EFG Asset Management North America Corp. boosted its holdings in shares of Lam Research by 6.7% during the third quarter. EFG Asset Management North America Corp. now owns 61,272 shares of the semiconductor company’s stock worth $8,202,000 after purchasing an additional 3,845 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Price Performance

LRCX opened at $239.58 on Thursday. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $243.99. The company has a 50 day moving average of $183.31 and a two-hundred day moving average of $144.37. The company has a market cap of $300.92 billion, a P/E ratio of 52.77, a P/E/G ratio of 3.01 and a beta of 1.77. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its 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. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The business had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same quarter in the previous year, the business posted $0.91 EPS. The business’s quarterly revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were paid a $0.26 dividend. The ex-dividend date was Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Lam Research’s dividend payout ratio (DPR) is 22.91%.

More Lam Research News

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

Positive Sentiment: Q2 earnings and revenue beat consensus — Lam reported $1.27 EPS vs. $1.17 expected and $5.34B revenue vs. $5.23B expected, with margins and ROE notably strong (y/y revenue +22%). Lam Research (LRCX) Q2 Earnings and Revenues Beat Estimates
Positive Sentiment: Raised Q3 guidance: EPS guide $1.25–1.45 (above $1.20 consensus) and revenue guide $5.4–6.0B (above ~$5.3B consensus) — investors view this as confirmation of stronger WFE demand. Lam Research Corporation Reports Financial Results for the Quarter Ended December 28, 2025
Positive Sentiment: Management and news outlets cite rising enterprise orders and strong chipmaking-tool demand underpinning the upbeat forecast — a demand-driven beat/guide is taken as durable upside for revenue visibility. Lam Research forecasts strong quarterly results on chipmaking tool demand
Positive Sentiment: Analyst interest and upgrades: coverage notes (including Evercore/other firms) and at least one upgrade have lifted sentiment and trading interest. Lam Research (NASDAQ:LRCX) Stock Price Up 2.3% After Analyst Upgrade
Positive Sentiment: High-profile bullish commentary — Jim Cramer and others highlight a supply shortage and structural tailwinds from AI and advanced-node spending, supporting a longer-term bullish case. Lam Research (LRCX) Has a Shortage That Can’t Be Met, Says Jim Cramer
Neutral Sentiment: Positive media and analyst previews (Zacks, 24/7 Wall St.) framed expectations ahead of results — helpful for market context but not new fundamentals. Bull of the Day: Lam Research (LRCX)
Negative Sentiment: Valuation and volatility concerns — commentary warns that LRCX is at record highs and has a history of sharp corrections; investors should weigh upside vs. PE/volatility risk. Why Record Highs For LRCX Stock May Face A Reality Check In 2026
Negative Sentiment: Geopolitical/China exposure — coverage notes that China-related demand or regulatory developments could weigh on the outlook despite AI tailwinds. Lam Research leans on AI tailwinds as China weighs on outlook

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on LRCX shares. Cantor Fitzgerald reiterated an “overweight” rating and set a $265.00 target price (up from $210.00) on shares of Lam Research in a research report on Thursday, January 8th. The Goldman Sachs Group reiterated a “buy” rating and set a $180.00 price objective on shares of Lam Research in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $260.00 target price (up from $195.00) on shares of Lam Research in a research report on Wednesday, January 21st. Mizuho set a $265.00 price target on shares of Lam Research in a research report on Wednesday. Finally, Susquehanna reiterated a “positive” rating and issued a $250.00 price target on shares of Lam Research in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $204.26.

View Our Latest Stock Report on Lam Research

Insider Activity

In related news, Director Bethany Mayer sold 1,298 shares of the business’s stock in a transaction that occurred on 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 directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. The trade was a 44.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the sale, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This trade represents a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 41,408 shares of company stock worth $6,248,501. Company insiders own 0.31% of the company’s stock.

Lam Research Company Profile

(Free Report)

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.