Talon Private Wealth LLC Purchases Shares of 2,494 Lam Research Corporation $LRCX

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

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Lam Research during the first quarter valued at about $239,000. Gabelli Funds LLC bought a new position in shares of Lam Research during the second quarter valued at about $253,000. NewEdge Advisors LLC increased its holdings in shares of Lam Research by 2.7% in the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after buying an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. increased its holdings in shares of Lam Research by 5,206.7% in the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after buying an additional 781 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Lam Research

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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Berenberg Bank set a $420.00 target price on Lam Research in a research note on Wednesday. Barclays restated an “overweight” rating and set a $335.00 price target (up from $275.00) on shares of Lam Research in a research report on Thursday, June 11th. Stifel Nicolaus lifted their price target on Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Bank of America boosted their price objective on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $350.00 price objective (down from $450.00) on shares of Lam Research in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $361.81.

Lam Research Trading Up 0.1%

Shares of NASDAQ LRCX traded up $0.21 during trading hours on Friday, hitting $298.22. The company’s stock had a trading volume of 8,838,014 shares, compared to its average volume of 10,874,526. Lam Research Corporation has a 12 month low of $115.88 and a 12 month high of $438.50. The stock has a market cap of $373.17 billion, a price-to-earnings ratio of 51.77, a P/E/G ratio of 1.25 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. The business has a 50-day simple moving average of $314.44 and a 200-day simple moving average of $293.79.

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

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.4%. This is a boost from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, September 23rd. Lam Research’s payout ratio is presently 18.06%.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 5,000 shares of Lam Research 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 $12,843,056.52. The trade was a 10.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the transaction, the director directly owned 20,995 shares in the company, valued at approximately $6,607,966.30. The trade was a 31.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 32,839 shares of company stock worth $10,644,740 over the last quarter. 0.31% of the stock is owned by corporate insiders.

About Lam Research

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.