7,967 Shares in Lam Research Corporation $LRCX Acquired by Element Capital Management LLC

18 Jun 2026, 14:48 by Michael Walen · The Markets Daily

Element Capital Management LLC purchased a new position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 7,967 shares of the semiconductor company’s stock, valued at approximately $1,364,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LRCX. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research during the fourth quarter worth $25,000. Core Wealth Advisors LLC acquired a new stake in Lam Research during the 4th quarter worth about $29,000. University of Illinois Foundation bought a new position in shares of Lam Research in the 4th quarter worth about $30,000. Wilkerson Advisory Group LLC acquired a new position in shares of Lam Research in the 4th quarter valued at about $33,000. Finally, Stance Capital LLC bought a new stake in shares of Lam Research during the 3rd quarter valued at about $26,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Wells Fargo & Company reissued an “overweight” rating and issued a $575.00 price target (up from $320.00) on shares of Lam Research in a research note on Monday, June 1st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $290.00 price objective on shares of Lam Research in a research report on Thursday, April 23rd. TD Cowen lifted their price objective on shares of Lam Research from $290.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Morgan Stanley raised shares of Lam Research from an “underweight” rating to an “overweight” rating and increased their target price for the stock from $293.00 to $331.00 in a research note on Monday, May 18th. Finally, Zacks Research cut shares of Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Twenty-eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $333.62.

View Our Latest Report on LRCX

Lam Research Trading Up 1.3%

LRCX opened at $374.18 on Thursday. The firm has a market capitalization of $467.94 billion, a PE ratio of 70.60, a P/E/G ratio of 3.04 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. Lam Research Corporation has a fifty-two week low of $87.75 and a fifty-two week high of $397.63. The company’s 50-day moving average is $295.60 and its 200 day moving average is $238.88.

Lam Research (NASDAQ:LRCX – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. During the same period in the previous year, the company posted $1.04 EPS. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts predict that Lam Research Corporation will post 5.7 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

More Lam Research News

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

Positive Sentiment: Rothschild & Co Redburn raised its price target on Lam Research to $420 from $305 and reiterated a buy rating, signaling confidence in further upside. MarketScreener article on Rothschild & Co Redburn target raise
Positive Sentiment: Citi also boosted its Lam Research price target to $450 from $315, citing booming wafer fab equipment demand and stronger forecast assumptions for the semiconductor capital spending cycle. Yahoo/Investing.com article on Citi target hike
Positive Sentiment: Analyst and market commentary continue to point to strong memory-equipment demand and AI-driven packaging growth as key growth catalysts for Lam Research. Motley Fool article on memory stock and Lam Research growth
Positive Sentiment: Multiple articles describe Lam Research as a profitable, high-quality growth stock, which supports investor enthusiasm around its earnings power and premium valuation. Insider Monkey article on most profitable American stocks
Neutral Sentiment: There was also insider selling by a director under a pre-arranged 10b5-1 plan, which is notable but not necessarily a negative signal. SEC filing for director share sale
Neutral Sentiment: The broader chip-equipment group is rallying with Intel’s manufacturing update lifting sentiment across semiconductor stocks, adding sector tailwinds for LRCX. Yahoo/Investing.com article on chip stocks rebound

Insiders Place Their Bets

In other news, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the sale, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. This represents a 21.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the sale, the insider owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 86,339 shares of company stock valued at $27,680,267 in the last three months. 0.31% of the stock is currently owned by insiders.

Lam Research Profile

(Free Report)

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.