Quent Capital LLC Has $566,000 Stock Holdings in Lam Research Corporation $LRCX

Quent Capital LLC cut its holdings in Lam Research Corporation (NASDAQ:LRCX) by 3.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,816 shares of the semiconductor company’s stock after selling 233 shares during the quarter. Quent Capital LLC’s holdings in Lam Research were worth $566,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. BankPlus Wealth Management LLC grew its position in shares of Lam Research by 2.0% in the 2nd quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock valued at $511,000 after purchasing an additional 105 shares during the period. ORG Partners LLC grew its position in shares of Lam Research by 7.3% in the 2nd quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock valued at $162,000 after purchasing an additional 114 shares during the period. Fairvoy Private Wealth LLC grew its position in shares of Lam Research by 3.0% in the 2nd quarter. Fairvoy Private Wealth LLC now owns 4,185 shares of the semiconductor company’s stock valued at $407,000 after purchasing an additional 120 shares during the period. Abundance Wealth Counselors grew its position in shares of Lam Research by 1.1% in the 2nd quarter. Abundance Wealth Counselors now owns 11,537 shares of the semiconductor company’s stock valued at $1,123,000 after purchasing an additional 124 shares during the period. Finally, First Pacific Financial grew its position in shares of Lam Research by 7.7% in the 2nd quarter. First Pacific Financial now owns 1,766 shares of the semiconductor company’s stock valued at $172,000 after purchasing an additional 126 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LRCX has been the topic of several research reports. Oppenheimer boosted their target price on Lam Research from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Citigroup boosted their target price on Lam Research from $113.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, September 8th. Wall Street Zen upgraded Lam Research from a “hold” rating to a “buy” rating in a research note on Saturday. Barclays set a $83.00 target price on Lam Research and gave the company an “equal weight” rating in a research note on Monday, July 28th. Finally, Wells Fargo & Company boosted their target price on Lam Research from $98.00 to $135.00 and gave the company an “equal weight” rating in a research note on Thursday. Twenty-three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.20.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $145.81 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 stock’s fifty day moving average price is $110.47 and its two-hundred day moving average price is $92.37. Lam Research Corporation has a one year low of $56.32 and a one year high of $147.91. The firm has a market cap of $183.87 billion, a price-to-earnings ratio of 35.05, a P/E/G ratio of 1.78 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.12. The company 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 prior year, the firm posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, equities analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. This is an increase 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 annualized dividend and a dividend yield of 0.7%. Lam Research’s payout ratio is currently 25.00%.

About Lam Research

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.