199,238 Shares in Lam Research Corporation $LRCX Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 199,238 shares of the semiconductor company’s stock, valued at approximately $26,678,000.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Lam Research by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock worth $17,537,447,000 after purchasing an additional 364,949 shares during the last quarter. State Street Corp boosted its position in Lam Research by 1.1% in the second quarter. State Street Corp now owns 59,551,547 shares of the semiconductor company’s stock valued at $5,810,172,000 after buying an additional 629,666 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Lam Research by 14.4% during the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock worth $3,954,188,000 after buying an additional 5,102,589 shares during the last quarter. Norges Bank acquired a new stake in shares of Lam Research during the second quarter worth approximately $1,894,585,000. Finally, Invesco Ltd. raised its stake in shares of Lam Research by 3.4% in the second quarter. Invesco Ltd. now owns 17,919,290 shares of the semiconductor company’s stock valued at $1,744,264,000 after acquiring an additional 588,519 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on LRCX shares. Bank of America increased their price target on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Sanford C. Bernstein increased their target price on Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Summit Insights raised Lam Research from a “hold” rating to a “buy” rating in a report on Thursday, January 29th. Rothschild & Co Redburn increased their price objective on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Finally, B. Riley Financial restated a “buy” rating on shares of Lam Research in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Lam announced a long-term collaboration with IBM to develop processes, materials and High-NA EUV approaches aimed at sub-1nm logic — a strategic win that deepens Lam’s exposure to next‑generation CPU/AI chip demand and strengthens long-term equipment content. Lam Research Corporation (LRCX) Partners With IBM
• Positive Sentiment: Analysts are lifting forecasts and price targets (Barclays and others), citing stronger demand visibility and share gains — these upgrades support near-term buying interest. Barclays Forecasts Strong Price Appreciation for Lam Research (NASDAQ:LRCX) Stock
• Positive Sentiment: Coverage notes Lam’s stock has rallied (~33% over three months) on strong earnings, AI-driven capex and advanced packaging tailwinds — momentum that underpins further upside if WFE stays tight. LRCX Stock Soars 33% in Three Months: Is There More Room for Growth?
• Positive Sentiment: Multiple analyst pieces argue Lam is set to benefit from a supply‑constrained wafer fab equipment (WFE) cycle — management sees WFE rising and Lam retaining/expanding market share, supporting multi‑year revenue visibility. Lam Research: Supply-Constrained WFE Cycle Sets Up A Multi-Year Runway
• Positive Sentiment: Analyst/agency upgrades and bullish commentary (e.g., Seeking Alpha pieces highlighting strengthening setup) are reinforcing investor sentiment around share gains in logic and memory. Lam Research: The Setup Keeps Getting Stronger
• Neutral Sentiment: Management presented at the Cantor conference (transcript available) — useful for modeling guidance and market-share commentary but no single surprise event. Lam Research Corporation (LRCX) Presents at 2026 Cantor Global Technology & Industrial Growth Conference Transcript
• Negative Sentiment: Valuation concerns: some market commentary warns the stock may be extended after the run‑up and could see a pullback if growth expectations moderate. That puts pressure on near‑term returns despite strong fundamentals. Lam Research Corporation: Wonderful Company, But The Price Needs To Come Back To Earth
• Negative Sentiment: Macro/market risk: industry-wide short activity and hedge fund positioning have ticked up amid geopolitical and private-credit worries — this can amplify downside in volatile sessions even for fundamentally strong names. Hazeltree Finds Hedge Funds Ramp Up Short Bets Amid Geopolitical Turmoil and Private Credit Concerns

Lam Research Stock Performance

Lam Research stock opened at $209.49 on Friday. The company has a market cap of $261.60 billion, a PE ratio of 42.93, a PEG ratio of 2.35 and a beta of 1.77. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $256.68. The company’s 50-day moving average is $224.21 and its two-hundred day moving average is $171.92.

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

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s payout ratio is presently 21.31%.

Insider Activity

In related news, Director Eric Brandt sold 35,000 shares of the company’s 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 sale, the director owned 253,705 shares in the company, valued at approximately $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Ava Harter sold 4,000 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $232.50, for a total value of $930,000.00. Following the completion of the transaction, the insider directly owned 54,705 shares in the company, valued at $12,718,912.50. The trade was a 6.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 130,886 shares of company stock valued at $29,658,802 in the last 90 days. 0.31% of the stock is owned by company insiders.

Lam Research Company 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.