Lam Research Corporation $LRCX Stock Purchased by Weaver Capital Management LLC

Posted by George Bondi on Oct 16th, 2026

Weaver Capital Management LLC raised its position in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 43.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,774 shares of the semiconductor company’s stock after purchasing an additional 2,039 shares during the quarter. Weaver Capital Management LLC’s holdings in Lam Research were worth $2,225,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp raised its stake in shares of Lam Research by 2.6% during the 2nd quarter. State Street Corp now owns 60,704,130 shares of the semiconductor company’s stock worth $26,320,468,000 after purchasing an additional 1,545,830 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Lam Research by 5.5% during the 2nd quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock valued at $4,872,426,000 after purchasing an additional 584,489 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of Lam Research by 411.8% during the 2nd quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company’s stock valued at $4,805,368,000 after purchasing an additional 8,922,854 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Lam Research by 7.7% during the 4th quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock valued at $3,906,559,000 after purchasing an additional 1,638,406 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Lam Research in the second quarter worth $3,777,585,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity

In related news, insider Ava Harter sold 5,000 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of the transaction, the insider owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. The trade was a 10.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the sale, the director owned 20,995 shares of the company’s stock, valued at approximately $6,607,966.30. The trade was a 31.28% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on LRCX. UBS Group lowered their target price on shares of Lam Research from $435.00 to $425.00 and set a “buy” rating on the stock in a research report on Tuesday, September 1st. Stifel Nicolaus boosted their price target on Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Wells Fargo & Company reiterated an “overweight” rating and set a $350.00 price target (down from $450.00) on shares of Lam Research in a research note on Thursday, July 30th. Fundamental Research set a $390.00 price target on Lam Research in a research note on Thursday, October 1st. Finally, Needham & Company LLC reissued a “buy” rating and set a $390.00 price objective on shares of Lam Research 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $364.59.

Read Our Latest Report on LRCX

Key Lam Research News

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

Positive Sentiment: Analysts continue to see substantial recovery potential, with Benzinga’s 22-analyst consensus target of $346 implying roughly 26% upside. Separately, Wall Street estimates point to approximately 25.6% potential upside, supported by upward earnings-estimate revisions. Lam Research Stock Hits Longest Losing Streak Ever: Are There Buyers Around?
Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D platform, aiming to accelerate GPU-based wafer-etch modeling and support more efficient AI-driven chip design and manufacturing. The collaboration reinforces the company’s exposure to AI-factory investment. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
Positive Sentiment: Twenty-four exchange-traded funds added to their Lam Research holdings on October 13, indicating continued institutional demand despite the recent weakness. 24 ETFs Add to Lam Research Holdings
Neutral Sentiment: Lam Research is scheduled to report results on October 21. Investors are likely looking for updates on semiconductor equipment demand, AI-related spending and forward guidance before reassessing the stock’s outlook. Lam Research Stock Ahead of October 21 Results
Negative Sentiment: Hotter-than-expected inflation data intensified concerns that elevated borrowing costs could restrain AI infrastructure investment, pressuring Lam Research and other semiconductor-related stocks. Semiconductor Stocks Trade Down on Inflation Concerns
Negative Sentiment: LRCX is on course for a ninth consecutive decline, its longest losing streak since 1984, reflecting persistent selling pressure and heightened investor caution ahead of earnings. Lam Research Shares Tumble for Seven Consecutive Sessions

Lam Research Price Performance

Shares of Lam Research stock opened at $277.46 on Friday. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. The firm has a fifty day simple moving average of $309.98 and a 200-day simple moving average of $308.35. The stock has a market capitalization of $347.22 billion, a price-to-earnings ratio of 48.17, a PEG ratio of 1.14 and a beta of 1.85. Lam Research Corporation has a 1-year low of $135.50 and a 1-year high of $438.50.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. Lam Research’s revenue was up 30.0% compared to the same quarter last year. During the same period last year, the business posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, sell-side analysts expect that Lam Research Corporation will post 9.34 earnings per share for the current year.

Lam Research Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, September 23rd. Lam Research’s dividend payout ratio is currently 22.92%.

Lam Research Company Profile

(Free Report)

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.