Mackenzie Financial Corp Has $218.52 Million Stock Holdings in Lam Research Corporation $LRCX

Mackenzie Financial Corp reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 6.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,631,993 shares of the semiconductor company’s stock after selling 108,654 shares during the period. Mackenzie Financial Corp’s holdings in Lam Research were worth $218,524,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in LRCX. Lingohr Asset Management GmbH grew its position in shares of Lam Research by 590.7% during the 3rd quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after buying an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd grew its holdings in Lam Research by 52.0% in the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock worth $34,417,000 after purchasing an additional 89,856 shares during the last quarter. First Citizens Bank & Trust Co. increased its position in Lam Research by 8.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock valued at $18,804,000 after buying an additional 10,408 shares in the last quarter. Thoroughbred Financial Services LLC increased its stake in Lam Research by 115.2% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after purchasing an additional 11,883 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in Lam Research by 30.9% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock worth $19,369,000 after acquiring an additional 34,147 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Transactions at Lam Research

In other Lam Research news, insider Ava Harter sold 1,500 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total value of $333,990.00. Following the transaction, the insider owned 53,205 shares in the company, valued at $11,846,625.30. The trade was a 2.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the transaction, the director owned 253,705 shares of the company’s stock, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 130,886 shares of company stock valued at $29,658,802 over the last quarter. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on LRCX shares. B. Riley Financial restated a “buy” rating on shares of Lam Research in a research report on Thursday, January 15th. Barclays lifted their price objective on Lam Research from $250.00 to $255.00 and gave the stock an “equal weight” rating in a report on Tuesday. HSBC increased their price objective on Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. raised their price objective on Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $320.00 target price (up from $265.00) on shares of Lam Research in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $245.35.

Lam Research Stock Up 1.9%

Shares of NASDAQ LRCX opened at $215.23 on Wednesday. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $222.49 and its two-hundred day moving average is $171.33. The firm has a market cap of $268.77 billion, a price-to-earnings ratio of 44.10, a PEG ratio of 2.27 and a beta of 1.77. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $256.68.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating 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%.The company’s revenue was up 22.1% on a year-over-year basis. During the same period last year, the business posted $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Research analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm 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 is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is presently 21.31%.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: IBM partnership announced to advance sub‑1nm logic scaling, covering novel materials, advanced processes and High‑NA EUV techniques — a strategic win that reinforces Lam’s role in next‑generation node toolsets and long‑term TAM expansion. IBM and Lam Research Announce Collaboration
• Positive Sentiment: Barclays raised its firm price target on LRCX to $255 (equal weight) and the bank also boosted chip‑gear spending estimates — both moves support a stronger revenue outlook for wafer‑fab equipment suppliers and lift investor sentiment for Lam. Barclays Price Target Raise
• Positive Sentiment: Inclusion in the S&P 100 (effective March 23) and a sector rebound into semiconductor‑equipment names are drawing flows into LRCX, supporting near‑term demand from passive and active investors. QuiverQuant Coverage
• Positive Sentiment: Short interest fell ~20.7% in February to ~26.1M shares (about 2.1% of float) and days‑to‑cover is ~3.0 — reduced short exposure can remove a source of selling pressure and amplify rally momentum when demand improves. (data summary)
• Neutral Sentiment: Industry note: analysts and outlets are reassessing valuation after a very strong 1‑year run and recent pullback; Lam’s outperformance raises questions about near‑term multiples even as fundamentals remain strong. Valuation Assessment
• Negative Sentiment: Significant insider selling has been reported in recent months (multiple executives selling shares) and some large institutional rebalancing occurred (e.g., UBS trimmed a very large position in Q4 2025) — these can be interpreted as supply signals or portfolio adjustments that cap upside if sustained. Insider & Institutional Activity

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.