Lam Research Corporation $LRCX Shares Purchased by Northwestern Mutual Wealth Management Co.

Posted by Geri Gentry on Sep 1st, 2026

Northwestern Mutual Wealth Management Co. raised its position in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 4.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 635,416 shares of the semiconductor company’s stock after purchasing an additional 24,526 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.05% of Lam Research worth $275,344,000 at the end of the most recent reporting period.

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

Insider Activity

In related news, Director Eric Brandt sold 54,500 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the transaction, the director directly owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. The trade was a 21.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the transaction, the director owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. This represents a 17.34% 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. 0.31% of the stock is owned by corporate insiders.

Lam Research Trading Down 0.1%

Shares of LRCX stock opened at $301.49 on Tuesday. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50. The firm’s 50 day moving average price is $328.26 and its two-hundred day moving average price is $290.09. The stock has a market cap of $377.26 billion, a price-to-earnings ratio of 52.34, a price-to-earnings-growth ratio of 1.20 and a beta of 1.84. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30.

Lam Research (NASDAQ:LRCX – Get Free Report) last issued its earnings results 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 business had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter last year, the firm posted $1.33 EPS. The business’s revenue for the quarter was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, analysts anticipate that Lam Research Corporation will post 9.33 EPS for the current year.

Lam Research Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 annualized dividend and a dividend yield of 0.4%. Lam Research’s dividend payout ratio (DPR) is currently 18.06%.

Wall Street Analyst Weigh In

LRCX has been the topic of a number of research analyst reports. Barclays reissued an “overweight” rating and issued a $335.00 price target (up from $275.00) on shares of Lam Research in a research note on Thursday, June 11th. Wall Street Zen lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Evercore reaffirmed an “outperform” rating and set a $355.00 price target on shares of Lam Research in a research note on Monday, July 20th. Cantor Fitzgerald set a $500.00 price target on shares of Lam Research and gave the company an “overweight” rating in a report on Monday, June 29th. Finally, Jefferies Financial Group set a $335.00 price objective on Lam Research and gave the stock a “buy” rating in a report 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 issued a Hold rating to the stock. According to MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and an average target price of $357.31.

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About Lam Research

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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.