Robeco Institutional Asset Management B.V. Acquires 79,956 Shares of Lam Research Corporation $LRCX

Robeco Institutional Asset Management B.V. boosted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 4.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,934,252 shares of the semiconductor company’s stock after purchasing an additional 79,956 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Lam Research were worth $258,996,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the stock. IMG Wealth Management Inc. purchased a new position in Lam Research in the second quarter valued at about $26,000. Howard Hughes Medical Institute purchased a new stake in shares of Lam Research during the 2nd quarter worth approximately $27,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Lam Research in the 2nd quarter worth approximately $29,000. Delos Wealth Advisors LLC purchased a new position in Lam Research in the second quarter valued at approximately $30,000. Finally, REAP Financial Group LLC bought a new position in Lam Research during the second quarter valued at $31,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Stock Up 5.2%

Shares of NASDAQ:LRCX opened at $194.76 on Tuesday. The firm has a fifty day moving average price of $162.10 and a two-hundred day moving average price of $130.12. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60. Lam Research Corporation has a one year low of $56.32 and a one year high of $198.36. The company has a market cap of $244.62 billion, a price-to-earnings ratio of 42.90, a PEG ratio of 2.14 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The firm’s revenue was up 27.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s payout ratio is presently 22.91%.

Insider Activity at Lam Research

In other Lam Research news, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the transaction, the insider owned 56,786 shares of the company’s stock, valued at $8,942,091.42. The trade was a 13.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the completion of the transaction, the chief financial officer directly owned 987,237 shares in the company, valued at $148,677,892.20. The trade was a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 102,608 shares of company stock valued at $14,916,496 in the last ninety days. 0.31% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on LRCX shares. Wells Fargo & Company upped their price target on Lam Research from $135.00 to $145.00 and gave the company an “equal weight” rating in a research report on Thursday, October 23rd. Mizuho upped their price objective on shares of Lam Research from $170.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Needham & Company LLC increased their target price on shares of Lam Research from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Evercore ISI lifted their target price on shares of Lam Research from $115.00 to $170.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Lam Research from $160.00 to $195.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Twenty-six investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and an average price target of $161.21.

Lam Research Profile

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.