2,650 Shares in Lam Research Corporation $LRCX Bought by Bowen Hanes & Co. Inc.

Bowen Hanes & Co. Inc. purchased a new position in Lam Research Corporation (NASDAQ:LRCX) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,650 shares of the semiconductor company’s stock, valued at approximately $355,000.

Several other large investors have also made changes to their positions in the business. Norges Bank purchased a new position in Lam Research in the 2nd quarter worth approximately $1,894,585,000. JPMorgan Chase & Co. raised its position in shares of Lam Research by 14.4% during the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after buying an additional 5,102,589 shares during the last quarter. Artisan Partners Limited Partnership lifted its holdings in shares of Lam Research by 35.4% in the second quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock worth $958,786,000 after buying an additional 2,575,456 shares in the last quarter. Sei Investments Co. boosted its position in shares of Lam Research by 103.5% during the second quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock worth $296,833,000 after acquiring an additional 1,550,842 shares during the last quarter. Finally, Voya Investment Management LLC grew its stake in Lam Research by 48.9% during the third quarter. Voya Investment Management LLC now owns 4,445,681 shares of the semiconductor company’s stock valued at $594,620,000 after acquiring an additional 1,460,622 shares in the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Lam Research

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

• Positive Sentiment: TD Cowen raised its price target sharply to $290 (from $170) and kept a Buy rating, highlighting the large 2026 WFE market opportunity that benefits Lam. Is Lam Research (LRCX) One of the Best Growth Stocks to Buy for the Next 20 Years?
• Positive Sentiment: BofA’s Vivek Arya named Lam his top semiconductor-equipment pick, citing a projected ~$135B industry spending surge in 2026 as AI demand forces multi-year factory investment — a direct tailwind for Lam’s tools. Lam Research Named Top Semiconductor Pick As AI-Driven Manufacturing Supercycle Shifts Into High Gear
• Positive Sentiment: Lam’s Boise expansion strengthens its operational ties with Micron and positions the company to capture increased demand for AI memory production equipment. This local expansion is being read as evidence of customers ramping capacity. Lam Research Boise Expansion Deepens Micron Ties In AI Memory Cycle
• Positive Sentiment: Multiple bullish write-ups argue Lam has durable growth attributes that could drive strong multi-year returns, reinforcing investor conviction around the AI/memory-driven cycle. 3 Reasons Growth Investors Will Love Lam Research (LRCX) 3 Reasons Growth Investors Will Love Lam Research (LRCX) Is Lam Research (LRCX) One of the Best Growth Stocks to Buy for the Next 20 Years?
• Neutral Sentiment: A report about Japan’s Toto (a supplier to chip-equipment makers) and activist interest may signal broader supply‑chain positioning for chip-equipment suppliers, but it’s peripheral to Lam’s core demand drivers. This Toilet Stock Is Surging as an AI Bet. An Activist Sees More Gains.
• Neutral Sentiment: Two short-interest data entries in the feed show zero or inconsistent values (0 shares / NaN), which appears to be a reporting/data issue rather than a meaningful change in betting against the stock. Monitor reliable short-interest releases for any real pressure.
• Neutral Sentiment: Articles discussing the evolving Lam narrative compile the above themes (upgraded targets, expansion, AI cycle) — useful context but largely reiterative rather than new catalysts. How The Narrative Around Lam Research (LRCX) Is Evolving With New Forecasts And Expansion Moves

Insider Transactions at Lam Research

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.31% of the stock is currently owned by insiders.

Lam Research Price Performance

Shares of Lam Research stock opened at $244.92 on Friday. The stock has a market cap of $305.85 billion, a price-to-earnings ratio of 50.19, a price-to-earnings-growth ratio of 2.63 and a beta of 1.78. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The stock has a 50 day moving average price of $209.11 and a 200-day moving average price of $160.30. Lam Research Corporation has a one year low of $56.32 and a one year high of $251.87.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (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 company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period last year, the company earned $0.91 earnings per share. Lam Research’s 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. Equities analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s dividend payout ratio is 21.31%.

Analysts Set New Price Targets

Several analysts have commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $290.00 price target (up previously from $260.00) on shares of Lam Research in a research note on Thursday, January 29th. The Goldman Sachs Group set a $262.00 target price on Lam Research and gave the stock a “buy” rating in a research report on Thursday, January 29th. Bank of America raised their price target on Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. B. Riley Financial reaffirmed a “buy” rating on shares of Lam Research in a report on Thursday, January 15th. Finally, Sanford C. Bernstein raised their target price on shares of Lam Research from $275.00 to $285.00 and gave the company an “outperform” rating in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average target price of $244.88.

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.