Lam Research Corporation $LRCX Shares Bought by Trifecta Capital Advisors LLC

Trifecta Capital Advisors LLC grew its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 16,875.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 6,790 shares of the semiconductor company's stock after acquiring an additional 6,750 shares during the quarter. Trifecta Capital Advisors LLC's holdings in Lam Research were worth $661,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in LRCX. Vanguard Group Inc. lifted its holdings in shares of Lam Research by 6.9% in the first quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company's stock valued at $9,389,358,000 after buying an additional 8,364,375 shares during the period. Nuveen LLC acquired a new stake in shares of Lam Research in the first quarter valued at $604,344,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Lam Research by 99.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company's stock valued at $417,242,000 after buying an additional 2,864,863 shares during the period. Boston Partners lifted its holdings in shares of Lam Research by 9,978.3% in the first quarter. Boston Partners now owns 2,350,362 shares of the semiconductor company's stock valued at $170,787,000 after buying an additional 2,327,041 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Lam Research by 25.8% in the first quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company's stock valued at $693,319,000 after buying an additional 1,953,221 shares during the period. Institutional investors and hedge funds own 84.61% of the company's stock.

Lam Research Stock Up 1.6%

NASDAQ:LRCX opened at $142.54 on Thursday. The firm has a market capitalization of $179.75 billion, a price-to-earnings ratio of 34.26, a PEG ratio of 1.71 and a beta of 1.84. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $153.70. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. The business's fifty day moving average price is $113.18 and its 200 day moving average price is $93.66.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.12. The firm had revenue of $5.17 billion for the quarter, compared to analyst estimates of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.Lam Research's quarterly revenue was up 33.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.03 earnings per share. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, sell-side analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This is a positive change from Lam Research's previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a yield of 0.7%. Lam Research's payout ratio is presently 25.00%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on LRCX shares. Citigroup upped their price objective on Lam Research from $113.00 to $120.00 and gave the company a "buy" rating in a report on Monday, September 8th. Wells Fargo & Company upped their target price on Lam Research from $98.00 to $135.00 and gave the company an "equal weight" rating in a report on Thursday, October 2nd. Wall Street Zen raised Lam Research from a "hold" rating to a "buy" rating in a report on Saturday, October 4th. Morgan Stanley set a $125.00 target price on Lam Research and gave the company an "equal weight" rating in a report on Monday, September 22nd. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Lam Research in a report on Wednesday. Twenty-three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Lam Research presently has a consensus rating of "Moderate Buy" and a consensus target price of $121.00.

Lam Research Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.

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