Elm Partners Management LLC Buys New Shares in Lam Research Corporation $LRCX

Elm Partners Management LLC acquired a new position in Lam Research Corporation (NASDAQ:LRCX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,010 shares of the semiconductor company’s stock, valued at approximately $671,000.

Other large investors also recently modified their holdings of the company. IMG Wealth Management Inc. bought a new position in shares of Lam Research during the 2nd quarter valued at $26,000. Howard Hughes Medical Institute bought a new position in shares of Lam Research during the second quarter valued at about $27,000. Strategic Wealth Investment Group LLC bought a new position in shares of Lam Research during the second quarter valued at about $29,000. Delos Wealth Advisors LLC purchased a new position in shares of Lam Research in the second quarter worth about $30,000. Finally, REAP Financial Group LLC bought a new stake in shares of Lam Research in the 2nd quarter valued at about $31,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the transaction, the chief financial officer owned 987,237 shares in the company, valued at approximately $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.31% of the stock is currently owned by insiders.

Lam Research Stock Up 1.7%

Shares of NASDAQ LRCX opened at $237.50 on Tuesday. The firm has a fifty day simple moving average of $189.04 and a two-hundred day simple moving average of $147.62. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $251.87. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $296.58 billion, a PE ratio of 48.67, a price-to-earnings-growth ratio of 2.62 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same quarter in the previous year, the firm posted $0.91 EPS. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Lam Research’s payout ratio is currently 21.31%.

Lam Research News Roundup

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

• Positive Sentiment: Lam announced a multi‑year R&D collaboration with CEA‑Leti to accelerate pathfinding of new materials and processes for specialty technologies (MEMS, sensors, power/RF, photonics/MicroLED, optical interconnects) — a move that supports AI and edge-device demand and extends Lam’s addressable market. Lam Research and CEA-Leti Expand Research and Development Collaboration to Advance Fabrication of Specialty Technologies
• Positive Sentiment: Market coverage has turned more bullish after Lam’s January quarter: multiple firms raised price targets and issued upgrades following the revenue/earnings beat and higher guidance, reinforcing investor confidence. Analysts Lift Price Targets on Lam Research Corporation (LRCX ) Following Strong Quarter Results
• Positive Sentiment: Coverage reports note several specific price‑target raises and at least one upgrade (multiple outlets flagged targets raised to the $235–$300 range), signaling rising sell‑side conviction after the strong print and AI demand commentary. Lam Research (NASDAQ:LRCX) Price Target Raised to $235.00
• Neutral Sentiment: Sector context: a MarketBeat piece on KLA highlights how peer earnings and differing WFE market definitions can cause swings in wafer‑fab equipment stocks; it suggests Lam’s stronger WFE growth outlook is intact but market reactions can be volatile. KLA Sank After Earnings—Then Analysts Started Raising Targets
• Neutral Sentiment: Analysis pieces question how much weight to place on sell‑side ratings versus fundamentals; useful for investors deciding whether recent upgrades justify adding exposure. Is It Worth Investing in Lam Research (LRCX) Based on Wall Street’s Bullish Views?

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LRCX. Stifel Nicolaus raised their price target on Lam Research from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Needham & Company LLC lifted their target price on shares of Lam Research from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Rothschild & Co Redburn upped their price target on shares of Lam Research from $150.00 to $225.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. KeyCorp reissued a “sector weight” rating on shares of Lam Research in a report on Thursday. Finally, Citigroup boosted their price objective on shares of Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $238.32.

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.