DNB Asset Management AS Has $348.15 Million Holdings in Lam Research Corporation $LRCX

DNB Asset Management AS lessened its holdings in Lam Research Corporation (NASDAQ:LRCX) by 17.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,600,095 shares of the semiconductor company’s stock after selling 540,718 shares during the quarter. Lam Research makes up approximately 1.3% of DNB Asset Management AS’s holdings, making the stock its 13th biggest holding. DNB Asset Management AS owned about 0.21% of Lam Research worth $348,153,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank acquired a new stake in Lam Research during the 2nd quarter worth $1,894,585,000. JPMorgan Chase & Co. grew its stake 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 worth $3,954,188,000 after purchasing an additional 5,102,589 shares during the period. Artisan Partners Limited Partnership increased its holdings in 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 valued at $958,786,000 after purchasing an additional 2,575,456 shares during the last quarter. Sei Investments Co. increased its holdings in Lam Research by 103.5% in the second quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock valued at $296,833,000 after purchasing an additional 1,550,842 shares during the last quarter. Finally, Voya Investment Management LLC lifted its stake in Lam Research by 48.9% in 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 buying an additional 1,460,622 shares during the period. 84.61% of the stock is owned by institutional investors.

Key Stories Impacting Lam Research

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

A number of research analysts recently issued reports on LRCX shares. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Stifel Nicolaus boosted their price target on shares of Lam Research from $250.00 to $280.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Citic Securities upped their price objective 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. KeyCorp reiterated a “sector weight” rating on shares of Lam Research in a report on Thursday, January 29th. Finally, Morgan Stanley increased their price target on Lam Research from $244.00 to $254.00 and gave the stock an “equal weight” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Lam Research presently has an average rating of “Moderate Buy” and an average price target of $245.19.

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 on 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. This trade represents a 12.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Performance

LRCX opened at $239.07 on Friday. The business’s 50-day simple moving average is $215.67 and its 200 day simple moving average is $163.89. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $256.68. 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 firm has a market capitalization of $298.54 billion, a PE ratio of 48.99, a PEG ratio of 2.67 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data 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. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same period in the previous year, the business earned $0.91 EPS. Lam Research’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. As a group, sell-side analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. 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 payout ratio is presently 21.31%.

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.