Dimensional Fund Advisors LP Cuts Holdings in Lam Research Corporation $LRCX

Dimensional Fund Advisors LP decreased its stake in Lam Research Corporation (NASDAQ:LRCX) by 0.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 6,310,907 shares of the semiconductor company’s stock after selling 57,236 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Lam Research were worth $844,840,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in LRCX. Lingohr Asset Management GmbH lifted its stake in shares of Lam Research by 590.7% in the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after buying an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd increased its position in shares of Lam Research by 52.0% during the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock valued at $34,417,000 after acquiring an additional 89,856 shares in the last quarter. First Citizens Bank & Trust Co. increased its holdings in shares of Lam Research by 8.0% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock worth $18,804,000 after purchasing an additional 10,408 shares in the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of Lam Research by 115.2% during the third quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after buying an additional 11,883 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its holdings in Lam Research by 30.9% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock worth $19,369,000 after buying an additional 34,147 shares in the last quarter. 84.61% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

LRCX has been the topic of several research analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. Bank of America increased their price objective on shares of Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. TD Cowen lifted their target price on shares of Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Morgan Stanley increased their price target on Lam Research from $244.00 to $254.00 and gave the company an “equal weight” rating in a report on Wednesday, February 25th. Finally, New Street Research raised their price target on Lam Research from $195.00 to $235.00 and gave the stock a “neutral” rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus target price of $245.19.

Lam Research Stock Performance

NASDAQ:LRCX opened at $217.27 on Wednesday. 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 simple moving average of $218.86 and a two-hundred day simple moving average of $167.34. The firm has a market capitalization of $271.32 billion, a PE ratio of 44.52, a P/E/G ratio of 2.49 and a beta of 1.77. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $256.68.

Lam Research (NASDAQ:LRCX) last posted 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. The firm had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Analysts forecast 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 given a dividend of $0.26 per share. 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%.

Insider Activity at Lam Research

In other news, CFO Douglas R. Bettinger sold 40,329 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $230.22, for a total value of $9,284,542.38. Following the completion of the transaction, the chief financial officer owned 1,054,012 shares of the company’s stock, valued at $242,654,642.64. This represents a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Eric Brandt sold 35,000 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the sale, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. This represents a 12.12% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 79,329 shares of company stock worth $18,110,542. 0.31% of the stock is owned by corporate insiders.

More Lam Research News

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

• Positive Sentiment: Lam’s latest quarterly results and guidance remain supportive: the company beat EPS and revenue estimates last quarter and issued FY guidance that keeps the multi-quarter recovery narrative intact — a key reason many analysts remain constructive on the name. (Earnings/guidance from company filings and recent earnings release)
• Positive Sentiment: Coverage and analyst sentiment emphasize Lam’s outperformance versus semiconductor peers over the past year, helping underpin investor confidence in the stock’s secular positioning. How Is Lam Research’s Stock Performance Compared to Other Semiconductor Stocks?
• Positive Sentiment: Long-term bullish research highlights Lam as a core pick for investors focused on secular demand in logic and foundry tooling, reinforcing buy-and-hold interest. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; presentations can reaffirm execution plans and demand cadence but did not disclose material new guidance that would immediately change the outlook. Investors will parse the transcript for color on order trends and capex timing. Lam Research Corporation (LRCX) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/commentary pieces suggest potential for further upside in the near term (price targets cited), but these are speculative and may amplify intraday volatility rather than change fundamentals. Lam Research (LRCX) Favors Final Push In To $262.9 – $280.8 Before Pullback
• Negative Sentiment: Insider selling: the CFO sold ~40,329 shares (~$9.3M) and another insider sold 4,000 shares (~$0.93M) in early March. Large, contemporaneous insider sales can spark short-term selling pressure and investor concern, even when insiders retain substantial positions. CFO Form 4 (SEC)
• Negative Sentiment: Near-term performance data show the stock underperformed peers on Monday, which can trigger algorithmic and momentum selling into weakness. Lam Research Corp. stock underperforms Monday when compared to competitors

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.