Tower View Wealth Management LLC Takes $1.53 Million Position in Lam Research Corporation $LRCX

Posted by Stanley Muller on Jun 26th, 2026

Tower View Wealth Management LLC purchased a new stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,170 shares of the semiconductor company’s stock, valued at approximately $1,532,000.

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

Lam Research Stock Up 7.2%

NASDAQ:LRCX opened at $401.82 on Friday. The firm has a market cap of $502.50 billion, a P/E ratio of 75.82, a P/E/G ratio of 3.09 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. Lam Research Corporation has a fifty-two week low of $90.93 and a fifty-two week high of $409.75. The firm has a 50-day simple moving average of $311.62 and a two-hundred day simple moving average of $248.67.

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

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 annualized dividend and a yield of 0.3%. Lam Research’s dividend payout ratio is 19.62%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LRCX shares. Weiss Ratings lowered shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. TD Cowen raised their target price 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. Raymond James Financial set a $425.00 target price on shares of Lam Research in a report on Wednesday, June 10th. The Goldman Sachs Group restated a “buy” rating and issued a $290.00 price target on shares of Lam Research in a research note on Thursday, April 23rd. Finally, New Street Research raised their price objective on Lam Research from $235.00 to $280.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. Twenty-eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus price target of $334.43.

Read Our Latest Report on Lam Research

More Lam Research News

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

Positive Sentiment: Lam Research opened a new Boise office to get closer to Micron’s memory expansion, reinforcing its role as a key supplier in advanced memory manufacturing and signaling deeper customer engagement. Lam Research (LRCX) Opens Boise Office To Get Closer To Micron’s Memory Expansion
Positive Sentiment: Micron’s strong quarterly earnings and upbeat outlook are helping push chip stocks higher, which supports sentiment for Lam Research because it supplies equipment used in memory chip production. Micron Q3 earnings beat sends stock surging 18% premarket
Positive Sentiment: Wells Fargo raised its price target on Lam Research to $450 from $365 and kept an Overweight rating, reflecting growing confidence in semiconductor capital equipment demand. Wells Fargo Raises its Price Target on Lam Research (LRCX)
Positive Sentiment: Lam Research received an average brokerage recommendation of “Moderate Buy,” adding to the bullish analyst backdrop. Lam Research Corporation (NASDAQ:LRCX) Receives Average Recommendation of “Moderate Buy” from Brokerages
Neutral Sentiment: Lam Research was said to have “short interest” data showing 0 shares, which appears to be a data anomaly and does not provide a meaningful trading signal.

Insider Activity at Lam Research

In other Lam Research news, Director Eric Brandt sold 54,500 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the sale, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. This trade represents a 21.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction on Friday, May 1st. The stock was 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 directly owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 86,339 shares of company stock valued at $27,680,267. 0.31% of the stock is owned by corporate insiders.

About Lam Research

(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.