Lam Research Corporation $LRCX Position Cut by Triad Wealth Partners LLC

Triad Wealth Partners LLC lowered its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 27.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,038 shares of the semiconductor company’s stock after selling 1,162 shares during the period. Triad Wealth Partners LLC’s holdings in Lam Research were worth $296,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares during the period. NBC Securities Inc. raised its stake in Lam Research by 581,300.0% during the 1st quarter. NBC Securities Inc. now owns 5,814 shares of the semiconductor company’s stock valued at $422,000 after acquiring an additional 5,813 shares in the last quarter. Merit Financial Group LLC boosted its position in Lam Research by 17.7% during the 1st quarter. Merit Financial Group LLC now owns 25,509 shares of the semiconductor company’s stock worth $1,855,000 after acquiring an additional 3,845 shares during the period. RFG Advisory LLC bought a new position in shares of Lam Research in the first quarter worth $559,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Lam Research by 33.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 12,985 shares of the semiconductor company’s stock valued at $944,000 after purchasing an additional 3,220 shares during the period. 84.61% of the stock is currently owned by institutional investors.

Lam Research Trading Down 0.8%

Shares of NASDAQ LRCX opened at $145.81 on Friday. 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 Corporation has a 12 month low of $56.32 and a 12 month high of $147.91. The company has a market cap of $183.87 billion, a price-to-earnings ratio of 35.05, a P/E/G ratio of 1.79 and a beta of 1.84. The business has a fifty day simple moving average of $110.47 and a 200-day simple moving average of $92.27.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $4.99 billion. During the same quarter last year, the business posted $1.03 EPS. Lam Research’s revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. Sell-side analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Increases Dividend

The company 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 $0.26 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date 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%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on LRCX shares. Cantor Fitzgerald upped their price objective on shares of Lam Research from $120.00 to $155.00 and gave the stock an “overweight” rating in a report on Wednesday. Rothschild & Co Redburn upped their price target on shares of Lam Research from $115.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday. Stifel Nicolaus raised their price objective on shares of Lam Research from $92.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, July 29th. Wall Street Zen raised Lam Research from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Erste Group Bank assumed coverage on Lam Research in a research note on Thursday, August 14th. They set a “buy” rating for the company. Twenty-three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $119.20.

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.