V Square Quantitative Management LLC Trims Holdings in Lam Research Corporation $LRCX

V Square Quantitative Management LLC trimmed its position in Lam Research Corporation (NASDAQ:LRCX) by 11.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,406 shares of the semiconductor company’s stock after selling 5,649 shares during the quarter. Lam Research comprises 0.8% of V Square Quantitative Management LLC’s holdings, making the stock its 12th largest position. V Square Quantitative Management LLC’s holdings in Lam Research were worth $7,601,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of LRCX. Arrowstreet Capital Limited Partnership raised its stake in shares of Lam Research by 781.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after purchasing an additional 10,053,978 shares during the last quarter. Invesco Ltd. raised its stake in shares of Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after purchasing an additional 3,263,658 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of Lam Research by 108.7% in the third quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock worth $606,045,000 after purchasing an additional 2,356,897 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Lam Research by 138.6% in the third quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock worth $472,294,000 after purchasing an additional 2,056,749 shares during the last quarter. Finally, Caisse de depot et placement du Quebec raised its stake in shares of Lam Research by 164.0% in the third quarter. Caisse de depot et placement du Quebec now owns 2,568,579 shares of the semiconductor company’s stock worth $343,933,000 after purchasing an additional 1,595,759 shares during the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research Stock Up 9.9%

Shares of LRCX stock opened at $246.49 on Thursday. 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 $59.92 and a twelve month high of $256.68. The stock has a 50 day moving average of $226.83 and a 200 day moving average of $187.54. The stock has a market cap of $307.81 billion, a P/E ratio of 50.51, a P/E/G ratio of 2.35 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same period last year, the company earned $0.91 earnings per share. Lam Research’s quarterly revenue 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 expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, March 4th. 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: Analyst upgrades and bullish price targets: multiple firms have reiterated Buy/Outperform views and recent upgrades pushed the stock higher as investors priced in continued upside. Analyst Upgrade
• Positive Sentiment: Strong Q2 results and AI-driven demand: social and news summaries point to a revenue and EPS beat in fiscal Q2 (revenue ≈ $5.34B) and management messaging that AI chip demand underpins growth — a core reason investors are optimistic. Q2 & AI Demand
• Positive Sentiment: Conference comments: management highlighted operational strength and AI opportunities at the Cantor Fitzgerald conference, reinforcing the growth narrative that supports a premium multiple. Cantor Fitzgerald Highlights
• Neutral Sentiment: Macro/sector tailwind: a broader Nasdaq/semiconductor rebound (news flow tied to geopolitical developments) lifted chip names alongside Lam, contributing to the move. Sector Rally
• Neutral Sentiment: Valuation scrutiny: several pieces reassess LRCX after sharp multi-month gains — momentum is strong but higher multiples raise questions about near-term returns for valuation-sensitive investors. Valuation Analysis
• Negative Sentiment: Significant insider selling: recent reports show executives selling into the rally, which some investors view as a cautionary signal about near-term upside. Insider Trading
• Negative Sentiment: Analyst pullback from Zacks: Zacks downgraded LRCX from strong-buy to hold, a reminder that some shop-level sentiment is becoming more cautious even as others remain bullish. Zacks Downgrade

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Bank of America raised their price objective on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. JPMorgan Chase & Co. lifted their price target on Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. HSBC lifted their price target on Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Wells Fargo & Company lifted their price target on Lam Research from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Finally, Barclays lifted their price target on Lam Research from $250.00 to $255.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 10th. Twenty-seven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $245.54.

Insider Buying and Selling at Lam Research

In other news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the sale, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Ava Harter sold 1,500 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total value of $333,990.00. Following the completion of the sale, the insider directly owned 53,205 shares in the company, valued at $11,846,625.30. This represents a 2.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 130,886 shares of company stock valued at $29,658,802. Company insiders own 0.31% of the company’s stock.

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.