Arrowstreet Capital Limited Partnership Acquires 10,053,978 Shares of Lam Research Corporation $LRCX

Arrowstreet Capital Limited Partnership lifted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 781.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 11,340,865 shares of the semiconductor company’s stock after purchasing an additional 10,053,978 shares during the period. Lam Research comprises 1.0% of Arrowstreet Capital Limited Partnership’s holdings, making the stock its 11th biggest position. Arrowstreet Capital Limited Partnership owned 0.90% of Lam Research worth $1,518,542,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Howard Hughes Medical Institute purchased a new position in shares of Lam Research in the 2nd quarter valued at $27,000. Strategic Wealth Investment Group LLC bought a new stake in Lam Research during the second quarter valued at about $29,000. Delos Wealth Advisors LLC purchased a new position in Lam Research in the second quarter valued at about $30,000. Country Trust Bank purchased a new position in Lam Research in the second quarter valued at about $39,000. Finally, Sound Income Strategies LLC bought a new position in Lam Research in the third quarter worth about $41,000. 84.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Ava Harter sold 1,500 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at approximately $11,846,625.30. This trade represents a 2.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 130,886 shares of company stock valued at $29,658,802 over the last quarter. 0.31% of the stock is currently owned by company insiders.

Lam Research Trading Down 4.3%

Shares of Lam Research stock opened at $209.49 on Friday. The firm’s 50 day simple moving average is $224.21 and its two-hundred day simple moving average is $171.92. The firm has a market capitalization of $261.60 billion, a price-to-earnings ratio of 42.93, a PEG ratio of 2.35 and a beta of 1.77. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $256.68. 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 (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm 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 company earned $0.91 earnings per share. The business’s quarterly revenue 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 predict 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. Stockholders of record on Wednesday, March 4th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

Wall Street Analyst Weigh In

Several analysts have commented on LRCX shares. Royal Bank Of Canada reissued an “outperform” rating and set a $290.00 price target (up from $260.00) on shares of Lam Research in a research report on Thursday, January 29th. The Goldman Sachs Group set a $262.00 price objective on shares of Lam Research and gave the stock a “buy” rating in a research note on Thursday, January 29th. TD Cowen raised their target price on shares of Lam Research from $170.00 to $290.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Oppenheimer reaffirmed an “outperform” rating and issued a $265.00 price target on shares of Lam Research in a report on Thursday, January 29th. Finally, Evercore set a $275.00 price target on Lam Research in a research report on Thursday, January 29th. One investment 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $245.35.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Lam announced a long-term collaboration with IBM to develop processes, materials and High-NA EUV approaches aimed at sub-1nm logic — a strategic win that deepens Lam’s exposure to next‑generation CPU/AI chip demand and strengthens long-term equipment content. Lam Research Corporation (LRCX) Partners With IBM
• Positive Sentiment: Analysts are lifting forecasts and price targets (Barclays and others), citing stronger demand visibility and share gains — these upgrades support near-term buying interest. Barclays Forecasts Strong Price Appreciation for Lam Research (NASDAQ:LRCX) Stock
• Positive Sentiment: Coverage notes Lam’s stock has rallied (~33% over three months) on strong earnings, AI-driven capex and advanced packaging tailwinds — momentum that underpins further upside if WFE stays tight. LRCX Stock Soars 33% in Three Months: Is There More Room for Growth?
• Positive Sentiment: Multiple analyst pieces argue Lam is set to benefit from a supply‑constrained wafer fab equipment (WFE) cycle — management sees WFE rising and Lam retaining/expanding market share, supporting multi‑year revenue visibility. Lam Research: Supply-Constrained WFE Cycle Sets Up A Multi-Year Runway
• Positive Sentiment: Analyst/agency upgrades and bullish commentary (e.g., Seeking Alpha pieces highlighting strengthening setup) are reinforcing investor sentiment around share gains in logic and memory. Lam Research: The Setup Keeps Getting Stronger
• Neutral Sentiment: Management presented at the Cantor conference (transcript available) — useful for modeling guidance and market-share commentary but no single surprise event. Lam Research Corporation (LRCX) Presents at 2026 Cantor Global Technology & Industrial Growth Conference Transcript
• Negative Sentiment: Valuation concerns: some market commentary warns the stock may be extended after the run‑up and could see a pullback if growth expectations moderate. That puts pressure on near‑term returns despite strong fundamentals. Lam Research Corporation: Wonderful Company, But The Price Needs To Come Back To Earth
• Negative Sentiment: Macro/market risk: industry-wide short activity and hedge fund positioning have ticked up amid geopolitical and private-credit worries — this can amplify downside in volatile sessions even for fundamentally strong names. Hazeltree Finds Hedge Funds Ramp Up Short Bets Amid Geopolitical Turmoil and Private Credit Concerns

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.