Landscape Capital Management L.L.C. Raises Stake in Lam Research Corporation $LRCX

Landscape Capital Management L.L.C. lifted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 68.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 37,819 shares of the semiconductor company’s stock after purchasing an additional 15,360 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Lam Research were worth $5,064,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Howard Hughes Medical Institute purchased a new stake in Lam Research during the second quarter worth about $27,000. Sound Income Strategies LLC purchased a new position in Lam Research in the third quarter valued at about $41,000. Tripletail Wealth Management LLC acquired a new stake in shares of Lam Research during the 3rd quarter valued at approximately $44,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Lam Research during the 2nd quarter worth approximately $29,000. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of Lam Research in the 2nd quarter worth approximately $30,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

LRCX has been the subject of several research reports. B. Riley Financial reaffirmed a “buy” rating on shares of Lam Research in a report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft raised their price target on Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $290.00 price target (up from $260.00) on shares of Lam Research in a research note on Thursday, January 29th. Argus boosted their price objective on shares of Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $320.00 price objective (up from $265.00) on shares of Lam Research in a research note on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned 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 $245.35.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Barclays raised its price target on LRCX (to $255) and the stock has received analyst upgrades that drove buying interest. Analyst upgrades and higher targets can lift sentiment and trigger short-term inflows. Is Lam Research One of the Best Large-Cap Tech Stocks to Invest In?
• Positive Sentiment: Lam announced a long-term collaboration with IBM targeting sub‑1nm logic scaling and High‑NA EUV work — a move that reinforces Lam’s technology leadership in next‑generation logic and AI chips, supporting longer‑term revenue and market‑share upside. Lam Research IBM Alliance Targets Sub 1nm Logic And AI Chip Demand
• Positive Sentiment: Analysts and industry pieces point to strong secular tailwinds (AI accelerator spending, advanced packaging and a supply‑constrained WFE cycle) that are driving recent outperformance and gave LRCX a 33% jump over three months — signaling continued demand visibility for equipment vendors. LRCX Stock Soars 33% in Three Months: Is There More Room for Growth?
• Neutral Sentiment: Lam has been reported as one of the suitors in takeover interest for BE Semiconductor Industries (BESI). A deal could extend Lam into advanced packaging technology, but would carry execution, integration and price risks — outcome is uncertain. Exclusive-BESI attracts takeover interest as advanced chip packaging demand surges, sources say
• Negative Sentiment: Some commentators warn valuation is rich and that the share price may need to “come back to earth,” which raises risk of profit‑taking if growth disappoints or macro/geopolitical headwinds intensify. Elevated valuation can amplify downside in a market pullback. Lam Research Corporation: Wonderful Company, But The Price Needs To Come Back To Earth
• Negative Sentiment: Macro/market dynamics: industry data shows hedge funds increasing short exposure in the current geopolitical and credit‑risk environment — a broader risk that can pressure cyclical tech and equipment names if sentiment reverses. Hazeltree Finds Hedge Funds Ramp Up Short Bets Amid Geopolitical Turmoil and Private Credit Concerns

Insider Transactions at Lam Research

In other news, insider Ava Harter sold 1,500 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 53,205 shares of the company’s stock, valued at $11,846,625.30. The trade was a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were 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 in the company, valued at $242,334,371.15. The trade was a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 130,886 shares of company stock worth $29,658,802 over the last ninety days. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Price Performance

Shares of NASDAQ LRCX traded up $6.53 during trading on Friday, reaching $216.02. The company had a trading volume of 1,772,299 shares, compared to its average volume of 11,946,855. 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 twelve month low of $56.32 and a twelve month high of $256.68. The stock has a 50-day moving average price of $224.21 and a two-hundred day moving average price of $171.92. The stock has a market capitalization of $269.76 billion, a PE ratio of 44.31, a price-to-earnings-growth ratio of 2.35 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 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same quarter last year, the company earned $0.91 earnings per share. The business’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. As a group, sell-side analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

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