TritonPoint Partners LLC Invests $1.72 Million in Lam Research Corporation $LRCX

TritonPoint Partners LLC acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,015 shares of the semiconductor company’s stock, valued at approximately $1,716,000. Lam Research makes up about 0.9% of TritonPoint Partners LLC’s portfolio, making the stock its 27th biggest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Truvestments Capital LLC raised its position in Lam Research by 6.0% during the fourth quarter. Truvestments Capital LLC now owns 9,084 shares of the semiconductor company’s stock valued at $1,555,000 after acquiring an additional 515 shares in the last quarter. University of Illinois Foundation bought a new position in Lam Research during the fourth quarter valued at approximately $30,000. Vanguard Personalized Indexing Management LLC raised its position in Lam Research by 4.7% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 215,549 shares of the semiconductor company’s stock valued at $36,898,000 after acquiring an additional 9,578 shares in the last quarter. Panagora Asset Management Inc. raised its position in Lam Research by 11.8% during the fourth quarter. Panagora Asset Management Inc. now owns 1,112,808 shares of the semiconductor company’s stock valued at $190,490,000 after acquiring an additional 117,287 shares in the last quarter. Finally, South Plains Financial Inc. bought a new position in Lam Research during the fourth quarter valued at approximately $119,000. Institutional investors own 84.61% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Analysts Set New Price Targets

Several brokerages recently weighed in on LRCX. Evercore raised their price objective on shares of Lam Research from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. BNP Paribas Exane raised their price objective on shares of Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Sanford C. Bernstein raised their price objective on shares of Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Erste Group Bank lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Finally, Seaport Research Partners began coverage on shares of Lam Research in a research report on Monday, May 4th. They set a “buy” rating and a $300.00 price objective on the stock. Twenty-eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $322.01.

Lam Research Stock Performance

Shares of LRCX stock opened at $366.81 on Monday. Lam Research Corporation has a 12 month low of $87.75 and a 12 month high of $373.82. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $286.10 and its two-hundred day moving average is $234.16. The company has a market cap of $458.72 billion, a PE ratio of 69.21, a price-to-earnings-growth ratio of 3.02 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results 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 return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter last year, the company posted $1.04 earnings per share. The company’s revenue for the quarter was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities analysts predict that Lam Research Corporation will post 5.7 EPS for the current year.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio (DPR) is 19.62%.

Insider Activity at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the transaction, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the sale, the senior vice president owned 66,129 shares in the company, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 31,839 shares of company stock worth $8,561,667. Corporate insiders own 0.31% of the company’s stock.

About Lam Research

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.