Elemental Capital Partners LLC Purchases 2,802 Shares of Lam Research Corporation $LRCX

Elemental Capital Partners LLC lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 5.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 51,302 shares of the semiconductor company’s stock after buying an additional 2,802 shares during the period. Lam Research makes up 4.7% of Elemental Capital Partners LLC’s holdings, making the stock its 5th largest position. Elemental Capital Partners LLC’s holdings in Lam Research were worth $8,782,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Earned Wealth Advisors LLC grew its holdings in Lam Research by 3.0% during the fourth quarter. Earned Wealth Advisors LLC now owns 11,329 shares of the semiconductor company’s stock worth $1,939,000 after acquiring an additional 334 shares during the period. Walker Asset Management LLC lifted its holdings in Lam Research by 2.8% in the 4th quarter. Walker Asset Management LLC now owns 3,992 shares of the semiconductor company’s stock valued at $683,000 after acquiring an additional 107 shares during the last quarter. YHB Investment Advisors Inc. bought a new position in shares of Lam Research during the 4th quarter valued at about $18,813,000. Legacy Capital Wealth Partners LLC grew its stake in shares of Lam Research by 9.8% in the 4th quarter. Legacy Capital Wealth Partners LLC now owns 7,723 shares of the semiconductor company’s stock worth $1,322,000 after purchasing an additional 690 shares during the last quarter. Finally, McLean Asset Management Corp grew its stake in shares of Lam Research by 1.3% in the 4th quarter. McLean Asset Management Corp now owns 5,099 shares of the semiconductor company’s stock worth $873,000 after purchasing an additional 65 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on LRCX shares. Cantor Fitzgerald reissued an “overweight” rating and set a $320.00 target price (up from $265.00) on shares of Lam Research in a research note on Thursday, January 29th. The Goldman Sachs Group set a $262.00 price target on shares of Lam Research and gave the stock a “buy” rating in a research report on Thursday, January 29th. HSBC upped their price target on Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a report on Friday, January 30th. Sanford C. Bernstein raised their price objective on Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Finally, B. Riley Financial restated a “buy” rating on shares of Lam Research in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Lam Research Stock Down 1.6%

LRCX stock opened at $218.44 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The firm has a market capitalization of $272.78 billion, a P/E ratio of 44.76, a P/E/G ratio of 2.39 and a beta of 1.78. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $256.68. The company’s 50 day simple moving average is $227.01 and its 200-day simple moving average is $184.19.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $5.23 billion. During the same quarter last year, the business posted $0.91 EPS. The company’s revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, equities research analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. 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: AI-driven demand positions Lam as a “pick-and-shovel” beneficiary — analysts note semiconductor equipment names like LRCX are surging as AI chip capex lifts long-term revenue potential. 2 AI Pick-and-Shovel Stocks Poised to Be the Next NVIDIA
• Positive Sentiment: Bullish fundamental coverage — Seeking Alpha highlights Lam’s strong margins, improved operating efficiency and positioning as a critical etch-equipment supplier to foundries, supporting longer-term growth expectations. Lam Research: Poised For Growth, Looking Past Short-Term Turbulence
• Positive Sentiment: Price-target lift: New Street Research raised its target to $235 (from $140) — signaling higher valuation potential even while keeping a neutral rating, which can underpin upside expectations. New Street adjusts price target on Lam Research to $235
• Neutral Sentiment: Corporate calendar: Lam set its March-quarter earnings conference call for April 22 — a near-term event that could drive volatility depending on guidance and commentary. Lam Research Corporation Announces March Quarter Financial Conference Call
• Neutral Sentiment: Notable investor moves: Coverage notes Ray Dalio’s Bridgewater trimmed its Lam stake — signals attention from large holders but not necessarily a directional verdict. Lam Research Corporation (LRCX): Billionaire Ray Dalio Trims Stake in Chip Stock
• Negative Sentiment: Analyst downgrade: Erste Group cut LRCX from “buy” to “hold,” adding near-term selling pressure as momentum investors react. Finviz: Analyst downgrade
• Negative Sentiment: Regulatory risk: U.S. lawmakers unveiled draft legislation to tighten exports of chipmaking tools to China — broader restrictions would reduce addressable markets for equipment suppliers and increase geopolitical uncertainty. US Lawmakers Propose Crackdown on Chip Tool Sales to China

Insider Activity

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the sale, the director directly owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by corporate insiders.

Lam Research Company 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.