State of New Jersey Common Pension Fund D Buys 17,493 Shares of Lam Research Corporation $LRCX

State of New Jersey Common Pension Fund D increased its stake in Lam Research Corporation (NASDAQ:LRCX) by 4.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 450,862 shares of the semiconductor company’s stock after buying an additional 17,493 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Lam Research were worth $60,370,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. bought a new stake in Lam Research in the second quarter worth $26,000. Howard Hughes Medical Institute bought a new position in Lam Research in the 2nd quarter worth about $27,000. Sound Income Strategies LLC purchased a new stake in Lam Research during the 3rd quarter valued at about $41,000. Tripletail Wealth Management LLC bought a new stake in Lam Research during the 3rd quarter valued at about $44,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in Lam Research in the second quarter worth about $29,000. Institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling at Lam Research

In other 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 completion of the sale, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. The trade was a 12.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.31% of the stock is owned by corporate insiders.

Lam Research Trading Up 1.8%

Shares of NASDAQ:LRCX opened at $235.53 on Friday. The stock’s 50-day simple moving average is $201.76 and its two-hundred day simple moving average is $155.35. The stock has a market capitalization of $294.12 billion, a price-to-earnings ratio of 48.26, a PEG ratio of 2.53 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 has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. The firm had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently declared 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 (DPR) is presently 21.31%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Wall Street Zen lowered shares of Lam Research from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Summit Insights upgraded Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday, January 29th. Susquehanna set a $325.00 price objective on Lam Research and gave the company a “positive” rating in a research report on Thursday, January 29th. Morgan Stanley lifted their price objective on Lam Research from $211.00 to $244.00 and gave the stock an “equal weight” rating in a report on Thursday, January 29th. Finally, Dbs Bank boosted their target price on Lam Research from $119.40 to $184.20 in a research report on Monday, October 27th. One equities 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 company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $244.88.

Key Lam Research News

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

• Positive Sentiment: Analysts point to secular trends (AI, advanced nodes, foundry expansion) as drivers for Lam’s long‑term growth, supporting investor confidence in sustained demand for its etch and deposition tools. Analysts Cite Secular Trends For Lam Research Corporation (LRCX)’s Development
• Positive Sentiment: Lam announced leadership changes and new partnerships aimed at positioning the company for next‑generation chip demand — a strategic move investors view as reinforcing execution and market share potential. Lam Research Reshapes Leadership And Partnerships For Next Generation Chip Demand
• Neutral Sentiment: Published analyses asking whether Lam has a long runway for growth provide deeper context (valuation vs. growth opportunities) but don’t introduce new company‑specific catalysts. These pieces help frame investor debate rather than change fundamentals. Does Lam Research Corporation (LRCX) Have a Long Runway for Growth?
• Neutral Sentiment: Short‑interest reports show “0 shares” and NaN changes for early February — data that appears erroneous and is unlikely to be a meaningful market signal. Treat the short‑interest items as noise until corrected data is released.
• Negative Sentiment: A headline reporting insider selling coincided with a short‑term price dip; insider sales can weigh on sentiment even if they’re routine or non‑indicative of company fundamentals. Lam Research (NASDAQ:LRCX) Stock Price Down 1.2% on Insider Selling

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.