Nisa Investment Advisors LLC Boosts Position in Lam Research Corporation $LRCX

Nisa Investment Advisors LLC raised its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 549,783 shares of the semiconductor company’s stock after buying an additional 32,705 shares during the period. Lam Research comprises 1.3% of Nisa Investment Advisors LLC’s investment portfolio, making the stock its 26th largest position. Nisa Investment Advisors LLC’s holdings in Lam Research were worth $94,252,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Moody Lynn & Lieberson LLC increased its position in shares of Lam Research by 7.8% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 4,773 shares of the semiconductor company’s stock worth $817,000 after acquiring an additional 345 shares in the last quarter. Archford Capital Strategies LLC lifted its holdings in shares of Lam Research by 5.2% during the 4th quarter. Archford Capital Strategies LLC now owns 13,761 shares of the semiconductor company’s stock valued at $2,356,000 after acquiring an additional 686 shares in the last quarter. Jamison Private Wealth Management Inc. boosted its position in Lam Research by 4.8% during the 4th quarter. Jamison Private Wealth Management Inc. now owns 8,610 shares of the semiconductor company’s stock worth $1,474,000 after purchasing an additional 396 shares during the period. Rockland Trust Co. boosted its position in Lam Research by 28.8% during the 4th quarter. Rockland Trust Co. now owns 3,400 shares of the semiconductor company’s stock worth $582,000 after purchasing an additional 760 shares during the period. Finally, Range Financial Group LLC increased its holdings in Lam Research by 289.6% in the 4th quarter. Range Financial Group LLC now owns 25,089 shares of the semiconductor company’s stock valued at $4,295,000 after purchasing an additional 18,649 shares in the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research News Summary

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

• Positive Sentiment: Analysis highlights Lam as a critical etch-equipment supplier in the AI-driven semiconductor cycle; the firm is expanding capex and headcount and has tightened working capital, lifting operating margins substantially — supportive for revenue and profit growth. Lam Research: Poised For Growth, Looking Past Short-Term Turbulence
• Positive Sentiment: Recent coverage and company commentary point to strong Q4 demand that boosted results and validates management’s revenue and EPS momentum heading into the next quarter — a near-term earnings catalyst. Strong Demand Lifted Lam Research Corporation (LRCX) in Q4
• Neutral Sentiment: Broader market rally (S&P/ Nasdaq strength) is lifting semiconductor stocks, providing a favorable macro backdrop that’s helping LRCX shares today. Stocks Rally as President Trump Considers Ending Iran War
• Neutral Sentiment: Industry initiatives to shore up the semiconductor talent pipeline (AMD Foundation joining the Last Mile Education Fund) are positive for long-term capacity and labor supply but are unlikely to move LRCX near-term. The AMD Foundation Joins Last Mile Education Fund’s National Semiconductor Coalition Protecting America’s Engineering Talent Pipeline
• Neutral Sentiment: Preview pieces and analyst notes expect double-digit earnings growth into the next quarter; upcoming results remain the next major event that could drive volatility in LRCX shares. What to Expect From Lam Research’s Next Quarterly Earnings Report What to Expect From Lam Research’s Next Quarterly Earnings Report (Barchart)
• Negative Sentiment: Geopolitical tension in the Middle East has raised a potential helium supply shock — a critical gas for some wafer-fab processes — introducing an operational risk that could constrain Lam’s ability to service customers and impact production schedules. Middle East Helium Shock Puts Lam Research Supply Chain In Focus
• Negative Sentiment: Competitor Applied Materials is deepening AI-focused product efforts and partnerships; stronger AMAT execution could pressure pricing and share in some WFE segments where Lam competes. AMAT Deepens its AI-Centric Product Expertise: Will it Deliver Growth?

Insider Activity at Lam Research

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the 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 transaction, the director directly owned 253,705 shares in the company, valued at $57,235,848. This represents a 12.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,886 shares of company stock valued at $29,658,802 over the last ninety days. Corporate insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on LRCX. Citic Securities raised their price objective on Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Bank of America increased their target price on Lam Research from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Rothschild & Co Redburn raised their target price on Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a report on Friday, February 6th. TD Cowen boosted their price target on Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Finally, Citigroup upped their price target on Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. One 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $245.35.

Lam Research Trading Up 6.9%

Shares of LRCX opened at $213.66 on Wednesday. Lam Research Corporation has a one year low of $56.32 and a one year high of $256.68. The stock has a 50-day moving average price of $227.18 and a 200 day moving average price of $183.68. 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 company has a market capitalization of $266.81 billion, a P/E ratio of 43.78, a P/E/G ratio of 2.15 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.10. The company had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.Lam Research’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Sell-side analysts forecast that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.5%. Lam Research’s dividend payout ratio is currently 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.