Mizuho Markets Cayman LP Makes New Investment in Lam Research Corporation $LRCX

Mizuho Markets Cayman LP acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) during the 3rd quarter, Holdings Channel reports. The fund acquired 28,135 shares of the semiconductor company’s stock, valued at approximately $3,767,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in LRCX. Vanguard Group Inc. lifted its position in Lam Research by 0.3% during the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock worth $17,537,447,000 after buying an additional 364,949 shares during the period. State Street Corp boosted its stake in Lam Research by 0.4% in the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after buying an additional 265,805 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Lam Research by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after buying an additional 5,102,589 shares during the period. Invesco Ltd. grew its holdings in Lam Research by 18.2% in the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after buying an additional 3,263,658 shares during the period. Finally, Norges Bank acquired a new position in shares of Lam Research during the 2nd quarter valued at about $1,894,585,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Industry tailwinds from AI and memory are being highlighted as a near-term bottleneck that benefits wafer‑fabrication equipment suppliers like Lam, supporting stronger order outlooks for 2026. AI’s Next Bottleneck Is Driving These Stocks Higher
• Positive Sentiment: Brokerage consensus remains constructive: LRCX has a “Moderate Buy” consensus from brokerages, reinforcing buy-side confidence and underpinning demand for the shares. Lam Research Corporation (NASDAQ:LRCX) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Analysts and market writeups point to rising DRAM memory spending trends as supportive for Lam’s equipment sales; Morgan Stanley recently nudged its price target higher to $254 (from $244), citing upside from memory/AI capex even while keeping an Equal Weight rating. What Does DRAM Memory Spending Trend Mean for Lam Research (LRCX)
• Positive Sentiment: Investor letters and fund commentary (e.g., Artisan Partners) note a strong demand uptick for Lam, underscoring institutional recognition of improved end‑market dynamics tied to AI and memory. Lam Research (LCRX) Gained From Strong Demand Uptick
• Neutral Sentiment: Market commentary and investor pieces reiterate a bullish thesis on LRCX based on secular AI/memory tailwinds and Lam’s strong margins and prior earnings beat, but note relatively elevated valuation metrics (forward P/E) that could temper near-term upside. Is Lam Research Corporation (LRCX) A Good Stock To Buy Now?

Analysts Set New Price Targets

Several research analysts have recently weighed in on LRCX shares. Jefferies Financial Group reiterated a “buy” rating and set a $200.00 price objective (up from $175.00) on shares of Lam Research in a report on Monday, December 15th. Royal Bank Of Canada reaffirmed 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. Citic Securities increased their price target on shares of Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Summit Insights upgraded shares of Lam Research from a “hold” rating to a “buy” rating in a report on Thursday, January 29th. Finally, Needham & Company LLC boosted their price objective on shares of Lam Research from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Insider Activity at Lam Research

In related news, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s 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 sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ava Harter sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total value of $333,990.00. Following the transaction, the insider directly owned 53,205 shares in the company, valued at $11,846,625.30. This trade represents a 2.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is currently owned by company insiders.

Lam Research Stock Performance

NASDAQ:LRCX opened at $226.47 on Wednesday. The firm’s fifty day simple moving average is $225.63 and its 200 day simple moving average is $175.37. 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 firm has a market capitalization of $282.81 billion, a price-to-earnings ratio of 46.41, a PEG ratio of 2.36 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the prior year, the firm earned $0.91 EPS. The firm’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. As a group, equities research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently announced 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. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is 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.