Nykredit A S Makes New $223.59 Million Investment in Lam Research Corporation $LRCX

Nykredit A S bought a new position in shares of Lam Research Corporation (NASDAQ:LRCX) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 515,980 shares of the semiconductor company’s stock, valued at approximately $223,590,000.

Other hedge funds have also modified their holdings of the company. State Street Corp grew its holdings in Lam Research by 0.4% during the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after acquiring an additional 265,805 shares during the period. Geode Capital Management LLC raised its position in Lam Research by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock worth $5,764,117,000 after acquiring an additional 126,613 shares in the last quarter. Invesco Ltd. lifted its holdings in Lam Research by 7.7% in the fourth quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock valued at $3,906,559,000 after acquiring an additional 1,638,406 shares during the period. Norges Bank acquired a new stake in Lam Research in the fourth quarter valued at $3,645,427,000. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Lam Research by 352.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,695,210 shares of the semiconductor company’s stock worth $2,344,347,000 after purchasing an additional 10,666,540 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Trading Down 0.6%

NASDAQ:LRCX opened at $288.32 on Thursday. Lam Research Corporation has a 52-week low of $96.44 and a 52-week high of $438.50. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The stock has a fifty day simple moving average of $324.95 and a 200-day simple moving average of $290.88. The company has a market capitalization of $360.78 billion, a PE ratio of 50.06, a price-to-earnings-growth ratio of 1.15 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The firm had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. During the same period in the prior year, the company earned $1.33 EPS. The firm’s revenue was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, equities research analysts expect that Lam Research Corporation will post 9.33 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be given a $0.33 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is currently 22.92%.

Insider Activity

In related news, insider Ava Harter sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. This represents a 10.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the sale, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. The trade was a 21.48% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 77,782 shares of company stock worth $26,755,370 over the last ninety days. 0.31% of the stock is currently owned by insiders.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: AI data-center investment, advanced chip manufacturing and an expected memory-market recovery are being cited as growth opportunities for Lam Research’s wafer-fabrication equipment business. Several investment-fund commentaries identify LRCX as a beneficiary of structural semiconductor demand. Lam Research growth opportunities article
• Positive Sentiment: Recent coverage remains bullish on LRCX, highlighting strong seasonal trends, AI-related spending and the company’s role in advanced logic and memory production. One stock-picking article names Lam as a preferred way to participate in the AI data-center boom. Lam Research chip-stock article
• Positive Sentiment: Lam’s latest quarterly results exceeded expectations, with adjusted earnings of $1.82 per share on $6.72 billion in revenue. Revenue rose 30% year over year, and management guided to fiscal first-quarter 2027 earnings of $2.00 to $2.30 per share.
• Positive Sentiment: The company raised its quarterly dividend to $0.33 from $0.26, a roughly 27% increase. The higher payout reinforces confidence in cash generation, although the yield remains modest at approximately 0.5%. Dividend increase article
• Neutral Sentiment: UBS cut its price target to $425 from $435 but maintained a Buy rating. The reduction indicates some caution after LRCX’s substantial rally, while the rating and target still reflect confidence in longer-term upside. UBS target-cut article
• Negative Sentiment: A global bond selloff lifted long-term yields, increasing pressure on high-multiple growth stocks such as LRCX and raising concerns that restrictive interest rates could persist. Higher yields reduce the appeal of future earnings and can increase financing costs. Semiconductor selloff article
• Negative Sentiment: An insider sold 5,000 shares for approximately $1.5 million. The sale occurred under a pre-arranged Rule 10b5-1 plan, limiting its importance as a signal, but it contributed to near-term selling pressure. SEC insider-sale filing
• Negative Sentiment: LRCX’s valuation remains demanding, with a price-to-earnings ratio near 50, leaving the stock vulnerable to profit-taking or disappointment despite strong AI and semiconductor-equipment fundamentals. Lam Research valuation article

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of recent analyst reports. Mizuho lowered their price target on shares of Lam Research from $370.00 to $365.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 25th. Morgan Stanley decreased their price objective on shares of Lam Research from $404.00 to $367.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Cantor Fitzgerald set a $500.00 target price on shares of Lam Research and gave the stock an “overweight” rating in a research report on Monday, June 29th. Raymond James Financial set a $425.00 target price on shares of Lam Research in a report on Wednesday, June 10th. Finally, Citigroup reiterated a “buy” rating and set a $450.00 price target (up from $315.00) on shares of Lam Research in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $358.97.

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.