Treasurer of the State of North Carolina Has $68.01 Million Holdings in Lam Research Corporation $LRCX

12 Dec 2025, 09:40 by Doug Wharley · The Cerbat Gem

Treasurer of the State of North Carolina lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 14.1% during the second quarter, Holdings Channel.com reports. The firm owned 698,631 shares of the semiconductor company’s stock after purchasing an additional 86,226 shares during the period. Treasurer of the State of North Carolina’s holdings in Lam Research were worth $68,005,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in Lam Research during the 2nd quarter valued at $1,894,585,000. JPMorgan Chase & Co. lifted its stake in shares of Lam Research by 14.4% in the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after buying an additional 5,102,589 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Lam Research by 99.7% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company’s stock valued at $417,242,000 after buying an additional 2,864,863 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Lam Research by 34.1% during the second quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock worth $1,029,210,000 after acquiring an additional 2,692,189 shares in the last quarter. Finally, Artisan Partners Limited Partnership raised its holdings in shares of Lam Research by 35.4% in the 2nd quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock worth $958,786,000 after acquiring an additional 2,575,456 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors.

Lam Research Stock Up 0.3%

LRCX stock opened at $168.71 on Friday. The stock has a market cap of $211.90 billion, a P/E ratio of 37.16, a P/E/G ratio of 1.73 and a beta of 1.77. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The stock’s fifty day simple moving average is $152.23 and its two-hundred day simple moving average is $119.44. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $169.69.

Lam Research (NASDAQ:LRCX – Get Free Report) last released its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s payout ratio is presently 22.91%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Sanford C. Bernstein boosted their price objective on Lam Research from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, November 21st. Stifel Nicolaus set a $160.00 target price on Lam Research and gave the company a “buy” rating in a research report on Thursday, October 23rd. Morgan Stanley upped their price target on Lam Research from $137.00 to $158.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 2nd. Needham & Company LLC raised their price objective on Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Citigroup upped their target price on shares of Lam Research from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. Twenty-six equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $152.87.

Get Our Latest Research Report on Lam Research

Insider Activity at Lam Research

In other news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the sale, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This trade represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the transaction, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. The trade was a 13.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 102,608 shares of company stock valued at $14,916,496 over the last quarter. 0.31% of the stock is currently owned by insiders.

Lam Research Profile

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