TFR Capital LLC. Acquires Shares of 2,088 Lam Research Corporation $LRCX

Key Points

• TFR Capital LLC acquired 2,088 shares of Lam Research Corporation, valued at approximately $203,000, marking significant institutional interest in the semiconductor company.
• Lam Research reported a 33.6% year-over-year revenue increase for the quarter, totaling $5.17 billion, and beat earnings estimates with an EPS of $1.33.
• The company recently announced an increase in its quarterly dividend from $0.23 to $0.26 per share, reflecting positive shareholder returns amid strong performance.

TFR Capital LLC. acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,088 shares of the semiconductor company's stock, valued at approximately $203,000.

Other institutional investors have also bought and sold shares of the company. REAP Financial Group LLC purchased a new stake in shares of Lam Research in the second quarter valued at $31,000. Smallwood Wealth Investment Management LLC purchased a new stake in shares of Lam Research in the first quarter valued at $26,000. Hilltop National Bank purchased a new stake in shares of Lam Research in the second quarter valued at $38,000. Bruce G. Allen Investments LLC raised its stake in shares of Lam Research by 207.3% in the second quarter. Bruce G. Allen Investments LLC now owns 421 shares of the semiconductor company's stock valued at $41,000 after acquiring an additional 284 shares during the period. Finally, 1 North Wealth Services LLC purchased a new stake in shares of Lam Research in the first quarter valued at $36,000. Institutional investors own 84.61% of the company's stock.

Lam Research Trading Down 1.1%

LRCX stock opened at $141.00 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. The company has a market capitalization of $177.81 billion, a PE ratio of 33.89, a P/E/G ratio of 1.74 and a beta of 1.84. The firm's 50-day moving average is $114.10 and its 200 day moving average is $94.09. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $153.70.

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

Lam Research Increases Dividend

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

Wall Street Analyst Weigh In

LRCX has been the topic of several recent analyst reports. Argus increased their target price on shares of Lam Research from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Weiss Ratings reissued a "buy (b-)" rating on shares of Lam Research in a research note on Wednesday. Raymond James Financial increased their target price on shares of Lam Research from $90.00 to $110.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. KeyCorp raised their price target on shares of Lam Research from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 15th. Finally, Morgan Stanley set a $125.00 price target on shares of Lam Research and gave the stock an "equal weight" rating in a research note on Monday, September 22nd. Twenty-three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average 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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