Trifecta Capital Advisors LLC Has $661,000 Holdings in Lam Research Corporation $LRCX

Trifecta Capital Advisors LLC grew its position in Lam Research Corporation (NASDAQ:LRCX) by 16,875.0% during the 2nd quarter, HoldingsChannel.com reports. 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.

Other hedge funds also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC acquired a new position in Lam Research in the 1st quarter worth about $26,000. REAP Financial Group LLC acquired a new position in shares of Lam Research during the 2nd quarter valued at about $31,000. 1 North Wealth Services LLC acquired a new position in shares of Lam Research during the 1st quarter valued at about $36,000. Rossby Financial LCC acquired a new position in shares of Lam Research during the 1st quarter valued at about $37,000. Finally, Saudi Central Bank acquired a new position in shares of Lam Research during the 1st quarter valued at about $37,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LRCX has been the topic of a number of analyst reports. Cantor Fitzgerald increased their price objective on Lam Research from $120.00 to $155.00 and gave the company an “overweight” rating in a report on Wednesday, October 1st. KeyCorp increased their price objective on Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, July 15th. TD Cowen boosted their target price on shares of Lam Research from $100.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Raymond James Financial boosted their target price on shares of Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, B. Riley boosted their target price on shares of Lam Research from $130.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Twenty-three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $121.00.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $142.54 on Thursday. The business has a 50 day moving average price of $113.18 and a 200 day moving average price of $93.66. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $153.70. The company has a market cap of $179.75 billion, a price-to-earnings ratio of 34.26, a PEG ratio of 1.71 and a beta of 1.84. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38.

Lam Research (NASDAQ:LRCX) last announced its 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. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The firm had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.99 billion. During the same quarter in the prior year, the company earned $1.03 EPS. The firm’s revenue for the quarter was up 33.6% compared to the same quarter last year. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Research analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The company also recently disclosed 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 represents a $1.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 24th. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s payout ratio is 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.