Tounjian Advisory Partners LLC Takes Position in Lam Research Corporation $LRCX

Tounjian Advisory Partners LLC acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 12,848 shares of the semiconductor company’s stock, valued at approximately $2,199,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sovereign Financial Group Inc. bought a new stake in shares of Lam Research in the 4th quarter worth $312,000. Procyon Advisors LLC boosted its stake in Lam Research by 79.5% during the fourth quarter. Procyon Advisors LLC now owns 25,618 shares of the semiconductor company’s stock valued at $4,385,000 after buying an additional 11,348 shares in the last quarter. Cyndeo Wealth Partners LLC grew its holdings in Lam Research by 73.7% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,538 shares of the semiconductor company’s stock worth $606,000 after acquiring an additional 1,501 shares during the period. Panoramic Capital Partners LLC bought a new stake in Lam Research in the fourth quarter worth about $248,000. Finally, Everpar Advisors LLC raised its position in Lam Research by 77.1% in the fourth quarter. Everpar Advisors LLC now owns 3,188 shares of the semiconductor company’s stock worth $546,000 after acquiring an additional 1,388 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Price Performance

LRCX stock opened at $228.36 on Friday. Lam Research Corporation has a one year low of $56.32 and a one year high of $256.68. The firm has a 50-day moving average of $226.92 and a two-hundred day moving average of $177.57. The firm has a market capitalization of $285.17 billion, a PE ratio of 46.80, a P/E/G ratio of 2.46 and a beta of 1.77. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same period last year, the firm posted $0.91 earnings per share. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s payout ratio is presently 21.31%.

Insider Buying and Selling at Lam Research

In other news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director directly owned 253,705 shares in the company, valued at $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 130,886 shares of company stock valued at $29,658,802 in the last three months. 0.31% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LRCX. Citigroup raised their price objective on shares of Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Morgan Stanley boosted their target price on shares of Lam Research from $244.00 to $254.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 25th. Evercore set a $275.00 target price on shares of Lam Research in a research note on Thursday, January 29th. Barclays raised their target price on shares of Lam Research from $250.00 to $255.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lam Research in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $245.35.

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.