UniSuper Management 13F: Adds $13M to Lam Research (LRCX) Stake

UniSuper Management has boosted its position in Lam Research Corporation (LRCX) by 38,997 shares, bringing its total to 279,063 shares. This increase is valued at about $91.7 million, according to the fund's latest Form 13F filing with the SEC on October 26, 2026.

In the filing, UniSuper Management reported a 16.2% increase in its stake in Lam Research, which is a key player in the semiconductor equipment industry. The fund's total reported value now stands at approximately $11.5 billion, with Lam Research accounting for 0.8% of its portfolio, ranked 23rd among its holdings.

LRCX Lam Research Corporation

$237.50 ▲ +28.72% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Lam Research Fits in UniSuper Management's Portfolio

Lam Research represents a small but significant part of UniSuper Management's portfolio. The increase in shares shows a growing confidence in the stock, especially considering the estimated gain of about 21% compared to the fund's average cost.

Lam Research Corporation Stock Up 3.2%

As of October 26, 2026, Lam Research shares closed at $237.50, which is about equal to the recent trading price of $237.37. The stock is currently trading 21.5% below its 50-day moving average and 45.9% below its 52-week high of $438.50, but it remains 75.2% above its 52-week low of $135.50.

Recent Earnings

Lam Research reported trailing twelve-month revenue of approximately $26.1 billion, with an EPS of $6.71. The next earnings report is scheduled for January 27, 2027.

Dividend

Lam Research pays an annual dividend rate of $1.32 per share, yielding about 0.57%. The company's payout ratio stands at 16.5%.

Insider Buying and Selling at Lam Research Corporation

Recently, several insiders sold shares of Lam Research. On September 2, 2026, Officer Seshasayee Varadarajan sold 59,750 shares at an average price of $291.32, totaling about $17.4 million. Two days later, CEO Timothy M. Archer sold 30,000 shares for nearly $9.6 million. Additionally, on October 23, 2026, Archer sold another 31,400 shares as part of a planned sale.

Analysts Set New Price Targets

On October 22, 2026, multiple firms maintained their ratings on Lam Research. UBS kept a Buy rating with a target price of $400, while Citigroup also maintained a Buy rating with a target of $435. Morgan Stanley rated the stock Overweight with a target of $339, and Mizuho rated it Outperform with a target of $360.

About Lam Research

Lam Research Corporation designs and manufactures equipment used in semiconductor fabrication. The company serves various global markets, including the U.S., China, Korea, and Europe. Its recent performance and the boost in institutional investment reflect ongoing confidence in the semiconductor sector.

Bottom Line

Investors should keep an eye on Lam Research's upcoming earnings report on January 27, 2027, for insights into its performance. The continued interest from institutional investors like UniSuper Management indicates a positive outlook in a challenging market.