B. Riley Wealth Advisors 13F: Adds $15M to LRCX Stake

B. Riley Wealth Advisors has significantly boosted its stake in Lam Research Corporation (NasdaqGS: LRCX). The firm added 47,055 shares, increasing its holdings by a substantial 268% to a total of 64,609 shares. As of the latest filing, these shares are valued at approximately $21.22 million. This information comes from B. Riley's recent Form 13F filing with the SEC, which reflects holdings as of the end of the reporting period.

What Changed in B. Riley Wealth Advisors' Lam Research Position

B. Riley Wealth Advisors increased its position in Lam Research by 268%. Before the change, the firm held 17,554 shares. After adding 47,055 shares, it now holds 64,609 shares. The total reported value of the Lam Research stake is about $21.22 million.

Lam Research Corporation Stock Down 7.2%

Shares of Lam Research (NasdaqGS: LRCX) have been trading with a 52-week range between $125.02 and $438.50. The company has a market cap of roughly $378.25 billion and a P/E ratio of 52.48. Its forward P/E stands at 25.94, with a beta of 1.859, indicating higher volatility compared to the market. The stock's 50-day moving average is $306.42, while the 200-day moving average is $267.92. Lam Research also maintains a current ratio of 2.63 and a quick ratio of 1.84, with a debt-to-equity ratio of 33.05.

Recent Earnings

Lam Research reported revenue of $23.23 billion, marking a growth of 0.3%. The company's net margin is 31.27%, with a return on equity of 65.07%. Earnings per share stand at $5.76. Investors should note that Lam Research is set to announce its next earnings on October 21, 2026.

Dividend

Lam Research offers an annual dividend rate of $1.32, yielding 0.46% based on current prices. The payout ratio is 18.06%, indicating a conservative approach to dividend payouts.

About Lam Research

Lam Research Corporation, headquartered in Fremont, California, designs and manufactures semiconductor processing equipment. The company's products are used in the fabrication of integrated circuits across various regions, including the United States, China, and Europe. Lam Research provides a range of products such as ALTUS and SABRE systems for metallization applications, and Striker products for dielectric film solutions. The company was founded in 1980 and is led by CEO Timothy M. Archer.

Bottom Line

B. Riley Wealth Advisors' increased stake in Lam Research highlights its confidence in the company's prospects. Investors track such moves as they provide insights into institutional sentiment. Remember, 13F filings are historical snapshots and may not reflect current positions.