Oppenheimer & Co. Inc. Trims Stock Position in Lam Research Corporation $LRCX

Oppenheimer & Co. Inc. decreased its stake in Lam Research Corporation (NASDAQ:LRCX) by 15.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 19,155 shares of the semiconductor company’s stock after selling 3,493 shares during the period. Oppenheimer & Co. Inc.’s holdings in Lam Research were worth $2,565,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in Lam Research in the second quarter valued at $1,894,585,000. JPMorgan Chase & Co. lifted its holdings in shares of 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 purchasing an additional 5,102,589 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Lam Research by 34.1% in the 2nd quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock valued at $1,029,210,000 after purchasing an additional 2,692,189 shares during the period. Artisan Partners Limited Partnership grew its stake in Lam Research by 35.4% during the 2nd quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock worth $958,786,000 after buying an additional 2,575,456 shares during the last quarter. Finally, Sei Investments Co. increased its position in Lam Research by 103.5% during the second quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock worth $296,833,000 after buying an additional 1,550,842 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Trading Down 1.6%

Shares of Lam Research stock opened at $231.29 on Friday. The firm has a market cap of $288.83 billion, a price-to-earnings ratio of 47.40, a price-to-earnings-growth ratio of 2.52 and a beta of 1.78. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $251.87. The company’s 50-day simple moving average is $200.23 and its 200-day simple moving average is $154.00. The company has a quick ratio of 1.61, a current ratio of 2.26 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. The company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, equities research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given a $0.26 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.4%. Lam Research’s dividend payout ratio is presently 21.31%.

Lam Research News Summary

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

• Positive Sentiment: Company leadership changes and new partnership efforts aimed at next‑generation chip demand bolster Lam’s positioning in high‑growth segments; this supports medium‑term revenue/growth expectations. Lam Research Reshapes Leadership And Partnerships For Next Generation Chip Demand
• Positive Sentiment: Analysts point to secular tailwinds (AI, advanced logic, memory) driving long‑term demand for Lam’s etch and deposition tools, providing a favorable industry backdrop for sustained sales and margin expansion. Analysts cite secular trends for Lam Research Corporation (LRCX)’s development
• Positive Sentiment: Sanford C. Bernstein reiterates a constructive view and expects upside, which can support sentiment and buying interest from momentum and institutional investors. Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says
• Positive Sentiment: Recent quarterly results showed an EPS and revenue beat with raised guidance (Q3 FY2026 EPS guide 1.25–1.45), underpinning fundamentals and valuation multiple support for the stock.
• Neutral Sentiment: Pieces questioning Lam’s long‑run growth runway provide useful context for long‑term investors but contain mixed conclusions — watch thesis details rather than headlines. Does Lam Research Corporation (LRCX) Have a Long Runway for Growth?
• Neutral Sentiment: Short‑interest data reported shows no meaningful read (zeros/NaN), so there is no clear short‑pressure signal to explain intraday moves. (Likely a data artifact rather than market action.)
• Negative Sentiment: Insider selling headlines (including a 35,000‑share sale by Eric Brandt) are pressuring sentiment and sparking near‑term weakness despite no indication the sales reflect deteriorating fundamentals. Eric Brandt Sells 35,000 Shares of Lam Research (NASDAQ:LRCX) Stock
• Negative Sentiment: Related coverage highlights insider selling and notes a short‑term price decline tied to those filings, which can trigger momentum‑driven selling even when fundamentals remain intact. Lam Research (NASDAQ:LRCX) Stock Price Down 1.2% on Insider Selling

Insider Buying and Selling

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director directly owned 253,705 shares in the company, valued at approximately $57,235,848. The trade was a 12.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on LRCX. Barclays set a $250.00 price objective on Lam Research in a report on Thursday, January 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. Summit Insights upgraded shares of Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday, January 29th. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Dbs Bank raised their price target on Lam Research from $119.40 to $184.20 in a report on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $244.88.

Lam Research Company 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.