Pinpoint Asset Management Singapore Pte. Ltd. Takes $660,000 Position in Lam Research Corporation $LRCX

Posted by Francis Steltz on Jun 13th, 2026

Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in Lam Research Corporation (NASDAQ:LRCX – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 3,856 shares of the semiconductor company’s stock, valued at approximately $660,000.

A number of other hedge funds also recently modified their holdings of the business. Banco Santander S.A. lifted its holdings in shares of Lam Research by 19.0% in the fourth quarter. Banco Santander S.A. now owns 299,635 shares of the semiconductor company’s stock valued at $51,292,000 after purchasing an additional 47,870 shares in the last quarter. Lord Abbett & CO. LLC lifted its holdings in shares of Lam Research by 21.4% in the fourth quarter. Lord Abbett & CO. LLC now owns 1,716,798 shares of the semiconductor company’s stock valued at $293,881,000 after purchasing an additional 303,045 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new stake in shares of Lam Research in the fourth quarter valued at $857,000. Kane Investment Management Inc. lifted its holdings in shares of Lam Research by 23.4% in the fourth quarter. Kane Investment Management Inc. now owns 17,168 shares of the semiconductor company’s stock valued at $2,939,000 after purchasing an additional 3,253 shares in the last quarter. Finally, Wealthspire Advisors LLC lifted its holdings in shares of Lam Research by 47.0% in the fourth quarter. Wealthspire Advisors LLC now owns 19,151 shares of the semiconductor company’s stock valued at $3,278,000 after purchasing an additional 6,125 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

LRCX has been the subject of a number of research analyst reports. Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Barclays reaffirmed an “overweight” rating and issued a $335.00 price target (up from $275.00) on shares of Lam Research in a research note on Thursday. Raymond James Financial set a $425.00 price target on shares of Lam Research in a research note on Wednesday. Stifel Nicolaus upped their price target on shares of Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, Wells Fargo & Company reaffirmed 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. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $322.01.

Read Our Latest Stock Report on LRCX

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $366.81 on Friday. Lam Research Corporation has a 1-year low of $87.75 and a 1-year high of $373.82. The firm has a market capitalization of $458.72 billion, a PE ratio of 69.21, a PEG ratio of 3.00 and a beta of 1.85. The business’s 50 day moving average is $286.10 and its 200-day moving average is $233.58. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping 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 analyst estimates of $5.70 billion. During the same quarter last year, the firm earned $1.04 EPS. Lam Research’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. Sell-side analysts predict that Lam Research Corporation will post 5.67 earnings per share for the current year.

Lam Research Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is currently 19.62%.

Insider Transactions at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. This trade represents a 21.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 31,839 shares of company stock valued at $8,561,667. Corporate insiders own 0.31% of the company’s stock.

Key Headlines Impacting Lam Research

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

Lam Research Company 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.