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Franklin Resources Inc. Boosts Stake in Lam Research Corporation
Institutional investor increases position in semiconductor equipment maker
Published on Mar. 11, 2026
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Franklin Resources Inc., a global investment management organization, has increased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 1.3% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The institutional investor now owns approximately 6.44 million shares of the semiconductor company's stock, valued at around $862 million.
Why it matters
Lam Research is a leading supplier of wafer fabrication equipment and services to the semiconductor industry, playing a crucial role in the manufacturing of advanced logic and memory chips. Franklin Resources' increased stake in the company signals confidence in Lam Research's long-term growth prospects and the broader semiconductor industry.
The details
According to the 13F filing, Franklin Resources acquired an additional 80,126 shares of Lam Research during the third quarter, bringing its total ownership to around 0.51% of the company's outstanding shares. This move comes as Lam Research has seen its stock price rise significantly over the past year, driven by strong demand for its semiconductor manufacturing equipment and technologies.
- Franklin Resources filed its 13F report for the third quarter of 2026.
The players
Franklin Resources Inc.
A global investment management organization that provides a range of investment management and related services to institutional and individual clients worldwide.
Lam Research Corporation
A leading global supplier of wafer fabrication equipment and services to the semiconductor industry, headquartered in Fremont, California.
The takeaway
Franklin Resources' increased stake in Lam Research underscores the investment firm's confidence in the semiconductor equipment maker's long-term growth potential, as the industry continues to see strong demand for advanced manufacturing technologies.
