Great Lakes Advisors Adds $5M in Lam Research Corporation ($LRCX)

Great Lakes Advisors has boosted its stake in Lam Research Corporation (NasdaqGS: LRCX) by 10.7%. The firm added 13,269 shares, bringing its total to 136,905 shares, valued at approximately $50.2 million, as reported in its latest 13F filing with the SEC. This filing reflects holdings as of the end of the reporting period and may not represent the investor's current position.

What Changed in Great Lakes Advisors' Lam Research Position

Great Lakes Advisors increased its holdings in Lam Research by 10.7%, adding 13,269 shares to its previous total of 123,636 shares. This brought its total stake to 136,905 shares, valued at around $50.2 million. The move shows a significant addition to its investment in the semiconductor equipment company.

Other Institutional Activity in Lam Research

In other institutional activity, BlackRock, Inc. reduced its holdings by 1,407,391 shares, ending with 132,852,320 shares valued at about $28.4 billion. Vanguard Capital Management LLC initiated a position with 81,155,744 shares, worth roughly $17.3 billion. State Street Corp trimmed its stake by 527,784 shares, leaving it with 59,158,300 shares valued at $12.7 billion. Geode Capital Management, LLC added 1,428,558 shares, bringing its total to 35,175,926 shares worth approximately $7.5 billion.

Lam Research Stock Snapshot

Shares of Lam Research (NasdaqGS: LRCX) were trading near $366.81. The company has a market cap of $458.7 billion and a P/E ratio of 69.47, with a forward P/E of 46.04. The beta stands at 1.868, indicating higher volatility compared to the market. The stock's 52-week range is between $87.75 and $373.82, with a 50-day moving average of $285.93 and a 200-day moving average of $204.48. Lam Research maintains a current ratio of 2.54, a quick ratio of 1.70, and a debt-to-equity ratio of 35.28.

Recent Earnings

Lam Research reported revenue of $21.7 billion, with a revenue growth rate of 23.8%. The company achieved an EPS of $5.28, a net margin of 30.9%, and a return on equity of 66.8%. The next earnings release is scheduled for July 29, 2026.

Dividend

Lam Research pays an annual dividend rate of $1.04, yielding 0.28%. The dividend payout ratio is 19.09%.

Insider Buying and Selling at Lam Research Corporation

Recent insider activity includes planned sales by Neil Fernandes, Senior Vice President, who sold 7,659 shares on June 1, 2026, at an average price of $309.60. Fernandes also sold 18,170 shares on May 1, 2026, at $255.14. Chief Legal Officer Ava Harter sold 6,010 shares on April 27, 2026, at $258.66, and also made a purchase of 6,010 shares at $77.04 on the same day.

Analysts Set New Price Targets

On June 11, 2026, Barclays maintained a hold rating with a $335 price target. Cantor Fitzgerald reiterated its buy rating with a $425 target on June 10, while UBS maintained a buy rating with a $375 target on June 9. Wells Fargo kept its buy rating with a $365 target on June 1. The consensus among 32 analysts is a buy, with a mean target price of $323.38.

About Lam Research Corporation

Lam Research Corporation, headquartered in Fremont, California, designs and manufactures equipment used in semiconductor fabrication. The company serves major markets in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Led by CEO Timothy M. Archer, Lam Research employs approximately 20,600 people and offers a range of products for metal deposition, etch, and wafer cleaning applications.

Bottom Line

Great Lakes Advisors' increase in its Lam Research holdings highlights the firm's confidence in the semiconductor equipment sector. Investors often track these filings for insights into institutional sentiment, keeping in mind that 13F filings are backward-looking and may not reflect current positions. Lam Research continues to attract attention with its robust financial metrics and recent analyst endorsements.