PFA Pension Forsikringsaktieselskab Makes New $172.73 Million Investment in Lam Research Corporation $LRCX

Key Points

• PFA Pension opened a new position in Lam Research (NASDAQ:LRCX), purchasing 993,955 shares worth approximately $172.73 million, representing about 0.08% of the company at quarter end.
• Q3 results beat expectations: Lam reported $1.47 EPS vs. $1.36 expected and $5.84B revenue (+23.8% YoY), set Q4 2026 EPS guidance of $1.50–$1.80, and has seen multiple analyst price‑target increases with a consensus "Moderate Buy."
• Insiders have sold 136,896 shares (~$31.2M) in the last 90 days—including a 50,057‑share sale by the CFO—while institutional investors still own 84.61% of the stock.

PFA Pension Forsikringsaktieselskab bought a new position in Lam Research Corporation (NASDAQ:LRCX - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 993,955 shares of the semiconductor company's stock, valued at approximately $172,729,000. PFA Pension Forsikringsaktieselskab owned 0.08% of Lam Research at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of LRCX. Brighton Jones LLC grew its position in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company's stock valued at $1,025,000 after acquiring an additional 12,936 shares during the period. Caxton Associates LLP purchased a new position in Lam Research during the first quarter valued at $239,000. Gabelli Funds LLC purchased a new position in Lam Research during the second quarter valued at $253,000. NewEdge Advisors LLC lifted its position in Lam Research by 2.7% during the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company's stock valued at $9,785,000 after purchasing an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. lifted its position in Lam Research by 5,206.7% during the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company's stock valued at $77,000 after purchasing an additional 781 shares in the last quarter. Institutional investors own 84.61% of the company's stock.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Q3 results and follow-up analyst upgrades highlight continued AI-driven demand and beat Street expectations, supporting near-term revenue/earnings momentum. Analyst Upgrades PT on Lam Research After Q3 Earnings, What’s Next?
• Positive Sentiment: Erste Group raised FY2027 EPS estimates (from $7.02 to $7.74), indicating analysts are increasing medium‑term profit expectations despite a "Hold" rating. Erste Group raises FY2027 EPS
• Positive Sentiment: High-profile portfolio ownership: Lam is highlighted in billionaire Philippe Laffont’s portfolio and cited as a strong YTD performer (roughly +35% YTD), which can attract momentum buyers. Forget Nvidia: This AI Semiconductor Stock in Billionaire Philippe Laffont Portfolio Is Winning in 2026
• Positive Sentiment: Technical: LRCX recently cleared the 20-day simple moving average — a short‑term bullish signal that can draw technical traders. Lam Research Recently Broke Out Above the 20-Day Moving Average
• Neutral Sentiment: Analyst price-target moves are wide-ranging (moves spanning roughly $6 to $105), reflecting divergent views on wafer‑fab equipment demand and valuation — this raises volatility and mixed signals for investors. How The Lam Research (LRCX) Story Is Shifting With New Analyst Targets And Risks
• Neutral Sentiment: Retail and research attention has LRCX trending on stock‑search platforms; that can amplify swings but doesn’t change fundamentals by itself. Lam Research Corporation Is a Trending Stock

Lam Research Stock Down 0.4%

LRCX opened at $256.78 on Friday. The firm has a 50-day simple moving average of $236.37 and a two-hundred day simple moving average of $201.05. Lam Research Corporation has a 52 week low of $72.59 and a 52 week high of $275.84. The company has a market capitalization of $321.12 billion, a PE ratio of 48.45, a price-to-earnings-growth ratio of 2.13 and a beta of 1.81. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the prior year, the firm earned $1.04 EPS. The business's revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Analysts forecast that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, March 4th. Lam Research's dividend payout ratio is 19.62%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Bank of America lifted their target price on Lam Research from $285.00 to $330.00 and gave the company a "buy" rating in a research report on Thursday, April 23rd. Erste Group Bank downgraded shares of Lam Research from a "buy" rating to a "hold" rating in a report on Thursday, April 2nd. Sanford C. Bernstein increased their price objective on shares of Lam Research from $285.00 to $325.00 and gave the company an "outperform" rating in a report on Thursday, April 23rd. KeyCorp reaffirmed a "sector weight" rating on shares of Lam Research in a report on Thursday, January 29th. Finally, Berenberg Bank increased their price objective on shares of Lam Research from $265.00 to $335.00 and gave the company a "buy" rating in a report on Thursday, April 23rd. Twenty-six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $285.94.

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of the stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares of the company's stock, valued at $13,762,005.30. This represents a 10.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer directly owned 1,081,705 shares of the company's stock, valued at $242,334,371.15. This trade represents a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 136,896 shares of company stock valued at $31,213,349 in the last 90 days. 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.

Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.