Talon Private Wealth LLC Makes New Investment in Lam Research Corporation $LRCX

Talon Private Wealth LLC acquired a new position in Lam Research Corporation (NASDAQ:LRCX) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,494 shares of the semiconductor company’s stock, valued at approximately $1,081,000.

Other large investors have also bought and sold shares of the company. Bayban purchased a new position in shares of Lam Research in the 4th quarter valued at approximately $26,000. Vermillion Wealth Management Inc. purchased a new stake in Lam Research in the first quarter worth $26,000. Cedar Mountain Advisors LLC raised its holdings in Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 85 shares in the last quarter. Paladin Partners LLC bought a new position in Lam Research in the second quarter worth $26,000. Finally, Triumph Capital Management purchased a new position in Lam Research during the third quarter valued at $27,000. 84.61% of the stock is owned by institutional investors.

Lam Research Stock Up 0.1%

NASDAQ:LRCX traded up $0.21 on Friday, reaching $298.22. 8,838,014 shares of the stock traded hands, compared to its average volume of 10,874,526. The company has a market capitalization of $373.17 billion, a price-to-earnings ratio of 51.77, a PEG ratio of 1.25 and a beta of 1.85. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a 12 month low of $115.88 and a 12 month high of $438.50. The company’s fifty day simple moving average is $314.44 and its 200 day simple moving average is $293.79.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities analysts predict that Lam Research Corporation will post 9.33 EPS for the current fiscal year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Wednesday, September 23rd. This is an increase from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s dividend payout ratio (DPR) is presently 18.06%.

Insider Buying and Selling

In related news, Director Abhijit Talwalkar sold 18,282 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $335.00, for a total value of $6,124,470.00. Following the transaction, the director directly owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. This represents a 17.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 5,000 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider owned 42,462 shares in the company, valued at approximately $12,843,056.52. This represents a 10.53% decrease in their ownership of the stock. 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. Insiders sold a total of 32,839 shares of company stock worth $10,644,740 in the last three months. Insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Bank of America boosted their target price on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Rothschild & Co Redburn increased their price target on shares of Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Morgan Stanley lowered their price target on shares of Lam Research from $404.00 to $367.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. HSBC reissued a “hold” rating and set a $333.00 price objective on shares of Lam Research in a research note on Monday, July 27th. Finally, TD Cowen restated a “buy” rating and issued a $400.00 price objective (up from $340.00) on shares of Lam Research in a report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $361.81.

More Lam Research News

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

• Positive Sentiment: Industry forecasts remain favorable for Lam Research. Global wafer-fabrication-equipment spending is expected to rise 16.9% to $135.2 billion in 2026, while stronger DRAM, NAND and high-bandwidth-memory investment tied to artificial-intelligence infrastructure could particularly benefit Lam’s memory-focused equipment business. 3 Chip Equipment Stocks Set to Win the Memory Boom
• Positive Sentiment: Lam Research returned approximately $5.12 billion to shareholders in fiscal 2026 through share repurchases and dividends. Its 27% dividend increase, strong earnings growth and wide competitive moat provide longer-term support for the stock. Lam Research Returns $5B+ to Shareholders in FY26
• Positive Sentiment: The company’s latest quarterly results exceeded consensus expectations, with earnings of $1.82 per share and revenue of $6.72 billion. Revenue increased 30% year over year, and management’s fiscal first-quarter 2027 earnings guidance indicates continued growth potential.
• Neutral Sentiment: Lam Research’s presentation at the Goldman Sachs Communacopia + Technology Conference may provide investors with additional commentary on memory demand, artificial-intelligence-related capacity expansion and the equipment cycle, but no major new financial announcement was reported.
• Neutral Sentiment: Reported short interest was zero shares with zero days to cover. The figures appear potentially unreliable and do not indicate meaningful short-selling pressure.
• Negative Sentiment: Director Bethany Mayer sold 9,557 shares for about $3.0 million, reducing her direct ownership by 31.28%. Although one insider sale does not establish a fundamental problem, it may weigh modestly on sentiment. SEC insider transaction filing
• Negative Sentiment: The recent decline has pushed LRCX below its 50-day moving average of approximately $314.44, while its price-to-earnings ratio near 52 leaves the stock vulnerable to profit-taking when semiconductor or macroeconomic sentiment weakens.

Lam Research Profile

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.