Robeco Institutional Asset Management B.V. Purchases 902,231 Shares of Lam Research Corporation $LRCX

Robeco Institutional Asset Management B.V. increased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 94.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,854,296 shares of the semiconductor company’s stock after purchasing an additional 902,231 shares during the period. Robeco Institutional Asset Management B.V. owned 0.14% of Lam Research worth $180,497,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Lam Research by 6.9% during the first quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock valued at $9,389,358,000 after acquiring an additional 8,364,375 shares in the last quarter. Invesco Ltd. grew its stake in Lam Research by 2.8% during the first quarter. Invesco Ltd. now owns 17,330,771 shares of the semiconductor company’s stock valued at $1,259,947,000 after acquiring an additional 472,636 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Lam Research by 25.8% during the first quarter. Goldman Sachs Group Inc. now owns 9,536,708 shares of the semiconductor company’s stock valued at $693,319,000 after acquiring an additional 1,953,221 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Lam Research by 4.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 8,900,506 shares of the semiconductor company’s stock valued at $647,067,000 after acquiring an additional 418,077 shares in the last quarter. Finally, Nuveen LLC purchased a new position in Lam Research during the first quarter valued at $604,344,000. 84.61% of the stock is currently owned by institutional investors.

Lam Research Price Performance

LRCX stock opened at $142.79 on Thursday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $143.09. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average price of $108.51 and a 200 day moving average price of $91.33. The stock has a market cap of $180.06 billion, a PE ratio of 34.32, a P/E/G ratio of 1.63 and a beta of 1.83.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.12. Lam Research had a net margin of 29.07% and a return on equity of 58.17%. The firm had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $4.99 billion. During the same period in the previous 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. Equities research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share 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 paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio is presently 25.00%.

Wall Street Analysts Forecast Growth

LRCX has been the subject of several research analyst reports. UBS Group raised their target price on shares of Lam Research from $95.00 to $120.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Morgan Stanley set a $125.00 price objective on shares of Lam Research and gave the stock an “equal weight” rating in a research note on Monday, September 22nd. Needham & Company LLC lifted their price objective on shares of Lam Research from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Raymond James Financial lifted their price objective on shares of Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Finally, Erste Group Bank assumed coverage on shares of Lam Research in a research note on Thursday, August 14th. They issued a “buy” rating for the company. Twenty-two analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $117.72.

Lam Research Company 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.