The Manufacturers Life Insurance Company Raises Stake in Lam Research Corporation $LRCX

The Manufacturers Life Insurance Company boosted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 16.8% during the second quarter, Holdings Channel reports. The firm owned 964,364 shares of the semiconductor company’s stock after buying an additional 138,754 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Lam Research were worth $417,888,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LRCX. Bayban acquired a new stake in shares of Lam Research during the fourth quarter worth $26,000. Vermillion Wealth Management Inc. acquired a new stake in Lam Research during the 1st quarter worth approximately $26,000. Cedar Mountain Advisors LLC raised its holdings in Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 85 shares during the period. Paladin Partners LLC acquired a new stake in shares of Lam Research in the second quarter worth $26,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in shares of Lam Research in the 4th quarter valued at $27,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on LRCX shares. Weiss Ratings cut shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 4th. Oppenheimer reissued an “outperform” rating and set a $400.00 price target (up from $330.00) on shares of Lam Research in a research report on Monday, June 15th. Evercore reaffirmed an “outperform” rating and issued a $355.00 price objective on shares of Lam Research in a research report on Monday, July 20th. UBS Group decreased their target price on shares of Lam Research from $435.00 to $425.00 and set a “buy” rating for the company in a research note on Tuesday, September 1st. Finally, Jefferies Financial Group set a $335.00 price target on shares of Lam Research and gave the stock a “buy” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $361.81.

Lam Research Stock Performance

Lam Research stock opened at $298.01 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. Lam Research Corporation has a 12 month low of $108.29 and a 12 month high of $438.50. The company has a fifty day moving average price of $314.44 and a two-hundred day moving average price of $293.79. The company has a market cap of $372.91 billion, a PE ratio of 51.74, a P/E/G ratio of 1.25 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business had revenue of $6.72 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same period in the previous year, the business posted $1.33 EPS. The company’s quarterly 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. Research analysts expect that Lam Research Corporation will post 9.33 earnings per share for the current year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be given a dividend of $0.33 per share. The ex-dividend date is Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. This is an increase from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s payout ratio is presently 18.06%.

Insider Buying and Selling

In other Lam Research news, Director Bethany Mayer sold 9,557 shares of the business’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the transaction, the director directly owned 20,995 shares of the company’s stock, valued at $6,607,966.30. The trade was a 31.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of the sale, the insider owned 42,462 shares in the company, valued at $12,843,056.52. The trade was a 10.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 32,839 shares of company stock worth $10,644,740 in the last three months. 0.31% of the stock is owned by insiders.

Trending Headlines about Lam Research

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

• Positive Sentiment: Industry forecasts point to strong demand for wafer-fabrication equipment. Spending is projected to increase 16.9% to $135.2 billion in 2026, while DRAM and NAND investment is expected to grow faster as artificial-intelligence workloads drive demand for high-bandwidth memory, advanced DRAM and enterprise storage. Lam Research is viewed as having particularly strong exposure to the memory recovery. 3 Chip Equipment Stocks Set to Win the Memory Boom
• Positive Sentiment: Lam Research returned $5.12 billion to shareholders in fiscal 2026 through buybacks and dividends, including a 27% dividend increase. Strong earnings and capital returns remain supportive for long-term investors. Lam Research Returns $5B+ to Shareholders in FY26
• Positive Sentiment: Recent conference coverage and analyst commentary continue to emphasize Lam Research’s competitive positioning, memory exposure and wide economic moat. Its latest reported quarter also exceeded consensus estimates for earnings and revenue, with revenue up 30% year over year.
• Neutral Sentiment: Reported September short interest was zero shares, implying no meaningful short-selling pressure. However, the data appears unreliable because it shows no change from the prior period and a zero days-to-cover ratio.
• Neutral Sentiment: Several reports describe clinical studies involving “Lam Research,” but these appear unrelated to the semiconductor-equipment company and should not be treated as LRCX news.
• Negative Sentiment: Director Bethany Mayer sold 9,557 shares for approximately $3.0 million, reducing her holdings by 31.28%. The transaction may weigh modestly on sentiment, although a single insider sale is not necessarily evidence of deteriorating fundamentals. SEC insider transaction filing

About Lam Research

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.