Banco Santander S.A. Purchases 41,322 Shares of Lam Research Corporation $LRCX

Banco Santander S.A. raised its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 19.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 251,765 shares of the semiconductor company’s stock after purchasing an additional 41,322 shares during the period. Banco Santander S.A.’s holdings in Lam Research were worth $33,711,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. R Squared Ltd purchased a new position in Lam Research during the 3rd quarter valued at about $487,000. Artisan Partners Limited Partnership boosted its stake in shares of Lam Research by 7.9% during the third quarter. Artisan Partners Limited Partnership now owns 10,630,266 shares of the semiconductor company’s stock valued at $1,423,393,000 after purchasing an additional 780,398 shares in the last quarter. Clifford Swan Investment Counsel LLC boosted its stake in shares of Lam Research by 1.0% during the third quarter. Clifford Swan Investment Counsel LLC now owns 16,727 shares of the semiconductor company’s stock valued at $2,240,000 after purchasing an additional 167 shares in the last quarter. Advisor OS LLC increased its holdings in Lam Research by 34.7% during the third quarter. Advisor OS LLC now owns 4,005 shares of the semiconductor company’s stock valued at $536,000 after buying an additional 1,032 shares during the period. Finally, Westpac Banking Corp raised its stake in Lam Research by 24.1% in the third quarter. Westpac Banking Corp now owns 19,805 shares of the semiconductor company’s stock worth $2,652,000 after buying an additional 3,852 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: Lam announced a technology partnership with CEA-Leti, a management reshuffle, and a new Boise, ID facility aimed at advanced memory manufacturing (near key customer Micron) — moves that strengthen its product roadmap and U.S. footprint for next‑generation and specialty semiconductors. Lam Research Resets Technology Path With CEA Leti Deal And Boise Bet
• Positive Sentiment: Lam has sustained a >$5B quarterly revenue run (Q2 FY26 revenue $5.34B, +22% YoY), reflecting strong demand for wafer‑fab equipment from foundries — a key fundamental tailwind for future earnings. Can Foundry Strength Keep Lam Research’s $5B+ Revenue Streak Alive?
• Positive Sentiment: Morgan Stanley raised its price target on LRCX from $244 to $254 (maintaining an “equal weight” rating), signaling modest analyst conviction in upside versus current levels. Benzinga
• Neutral Sentiment: Lam has become a focus of investor attention (increased search/interest on Zacks), which can amplify intraday moves but doesn’t by itself change fundamentals. Investors Heavily Search Lam Research Corporation (LRCX): Here is What You Need to Know
• Negative Sentiment: Semiconductor stocks sold off in the afternoon on a “buy-the-rumor, sell-the-news” reaction to Nvidia’s earnings/guide — a sector-wide dynamic that pulled down Lam along with peers like Applied Materials and Broadcom. Applied Materials, Broadcom, Lam Research, Western Digital, and Allegro MicroSystems Shares Are Falling, What You Need To Know
• Negative Sentiment: Real-time market coverage noted that LRCX fell more steeply than the broader market today, reflecting short-term selling pressure despite its recent strong results. Lam Research (LRCX) Falls More Steeply Than Broader Market: What Investors Need to Know

Wall Street Analyst Weigh In

Several analysts have issued reports on LRCX shares. Oppenheimer reaffirmed an “outperform” rating and set a $265.00 target price on shares of Lam Research in a research report on Thursday, January 29th. B. Riley Financial reaffirmed a “buy” rating on shares of Lam Research in a research report on Thursday, January 15th. Rothschild & Co Redburn boosted their target price on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Jefferies Financial Group restated a “buy” rating and issued a $200.00 price target (up from $175.00) on shares of Lam Research in a report on Monday, December 15th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lam Research in a research report on Monday, December 29th. One equities 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $245.19.

Insider Activity

In related news, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction 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. The trade was a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.31% of the stock is currently owned by insiders.

Lam Research Stock Down 4.2%

NASDAQ:LRCX opened at $239.07 on Friday. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $256.68. The company has a market cap of $298.54 billion, a PE ratio of 48.99, a P/E/G ratio of 2.67 and a beta of 1.78. The company’s 50 day moving average is $215.67 and its two-hundred day moving average is $163.89.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the previous year, the firm posted $0.91 earnings per share. The business’s revenue for the quarter 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. Analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be issued 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 0.4%. Lam Research’s dividend payout ratio is currently 21.31%.

Lam Research Company 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.