Massachusetts Financial Services Co. MA Purchases 363,801 Shares of Lam Research Corporation $LRCX

Massachusetts Financial Services Co. MA boosted its position in Lam Research Corporation (NASDAQ:LRCX) by 8.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,860,685 shares of the semiconductor company’s stock after buying an additional 363,801 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Lam Research were worth $650,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in LRCX. Donoghue Forlines LLC purchased a new stake in Lam Research in the 3rd quarter worth about $2,714,000. Fiduciary Family Office LLC boosted its position in Lam Research by 22.3% during the third quarter. Fiduciary Family Office LLC now owns 19,080 shares of the semiconductor company’s stock worth $2,555,000 after purchasing an additional 3,477 shares during the period. Nippon Life Global Investors Americas Inc. increased its stake in shares of Lam Research by 4.1% in the third quarter. Nippon Life Global Investors Americas Inc. now owns 235,330 shares of the semiconductor company’s stock worth $31,566,000 after purchasing an additional 9,190 shares in the last quarter. Beacon Financial Advisory LLC bought a new stake in shares of Lam Research in the third quarter valued at approximately $233,000. Finally, Resonant Capital Advisors LLC lifted its stake in shares of Lam Research by 3.5% during the 3rd quarter. Resonant Capital Advisors LLC now owns 6,769 shares of the semiconductor company’s stock valued at $908,000 after buying an additional 231 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

LRCX has been the subject of a number of recent research reports. Citigroup lifted their price objective on shares of Lam Research from $175.00 to $190.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th. Stifel Nicolaus lifted their price target on Lam Research from $160.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. JPMorgan Chase & Co. boosted their price objective on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. TD Cowen raised their target price on Lam Research from $145.00 to $170.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Finally, Bank of America lifted their target price on Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Twenty-eight research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $189.55.

Lam Research Price Performance

NASDAQ:LRCX opened at $222.96 on Monday. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $229.57. The stock has a fifty day moving average of $171.60 and a 200 day moving average of $137.53. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The firm has a market capitalization of $280.04 billion, a price-to-earnings ratio of 49.11, a P/E/G ratio of 2.56 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.04. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The company’s revenue was up 27.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, research analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $1.04 annualized dividend and a yield of 0.5%. Lam Research’s payout ratio is presently 22.91%.

Insiders Place Their Bets

In related news, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the transaction, the chief financial officer directly owned 987,237 shares in the company, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ava Harter sold 9,010 shares of the stock in a transaction on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the transaction, the insider directly owned 56,786 shares in the company, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 50,418 shares of company stock valued at $7,667,305 in the last quarter. Corporate insiders own 0.31% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: TSMC’s $52–$56 billion 2026 CapEx roadmap is highlighted as a direct driver of equipment demand for 2nm/3D chip builds — Lam Research is named specifically for cryogenic etching used in vertical stacking. The $56 Billion Draft: Follow TSMC’s CapEx Stream
• Positive Sentiment: Coverage highlighting TSMC’s $56B AI bet lists Lam among the primary beneficiaries, reinforcing the narrative that foundry CapEx flows directly to equipment suppliers. TSMC’s $56B AI Bet Just Made These 3 Stocks Millionaire Makers
• Positive Sentiment: Multiple sell‑side firms (Wells Fargo, RBC, Stifel, BofA, Rothschild/Redburn) raised ratings and price targets — several to ~$245–$250 — signaling stronger consensus forward estimates and supporting a higher valuation. Wells Fargo upgrade / The Fly
• Positive Sentiment: Industry press (Barron’s, Seeking Alpha) links broad chip-stock strength to TSMC’s spending — reinforcing sector momentum that benefits Lam as an essential equipment vendor. ASML, Lam Research, Applied Materials Surge
• Positive Sentiment: Analyst research/upgrades (Seeking Alpha write-up and Zacks pieces) increase earnings and free-cash-flow expectations based on a wafer‑fab-equipment (WFE) “supercycle,” which supports upward revisions to LRCX valuation models. Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
• Neutral Sentiment: Momentum and style-score stories (Zacks) reiterate LRCX’s growth traits — useful for investor positioning but less likely to move price than large-capital orders or formal guidance changes. Here’s Why Lam Research (LRCX) is a Strong Growth Stock

Lam Research 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.