Lam Research Corporation $LRCX Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in Lam Research Corporation (NASDAQ:LRCX) by 8.5% in the third quarter, Holdings Channel reports. The fund owned 1,992,638 shares of the semiconductor company’s stock after acquiring an additional 156,641 shares during the period. Lam Research accounts for about 0.8% of Robeco Institutional Asset Management B.V.’s portfolio, making the stock its 21st biggest position. Robeco Institutional Asset Management B.V.’s holdings in Lam Research were worth $654,602,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Revisor Wealth Management LLC grew its position in Lam Research by 31.6% in the third quarter. Revisor Wealth Management LLC now owns 911 shares of the semiconductor company’s stock valued at $299,000 after purchasing an additional 219 shares in the last quarter. DUTCH ASSET Corp increased its holdings in shares of Lam Research by 6.4% during the 3rd quarter. DUTCH ASSET Corp now owns 4,652 shares of the semiconductor company’s stock worth $1,529,000 after acquiring an additional 280 shares during the last quarter. West Branch Capital LLC raised its position in shares of Lam Research by 1.8% in the third quarter. West Branch Capital LLC now owns 7,493 shares of the semiconductor company’s stock valued at $2,461,000 after purchasing an additional 135 shares during the period. Bank Pictet & Cie Europe AG lifted its position in Lam Research by 2,356.5% during the third quarter. Bank Pictet & Cie Europe AG now owns 50,703 shares of the semiconductor company’s stock worth $16,656,000 after acquiring an additional 48,639 shares during the last quarter. Finally, MBM Wealth Consultants LLC lifted its holdings in Lam Research by 0.5% during the 3rd quarter. MBM Wealth Consultants LLC now owns 15,946 shares of the semiconductor company’s stock worth $5,238,000 after purchasing an additional 77 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Performance

Shares of Lam Research stock opened at $263.45 on Wednesday. The business’s fifty day simple moving average is $307.38 and its 200 day simple moving average is $309.50. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $329.69 billion, a P/E ratio of 45.74, a price-to-earnings-growth ratio of 1.08 and a beta of 1.85. Lam Research Corporation has a 12 month low of $135.50 and a 12 month high of $438.50.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. Lam Research’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, analysts anticipate that Lam Research Corporation will post 9.35 EPS for the current year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is 22.92%.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This trade represents a 10.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the sale, the director directly owned 20,995 shares in the company, valued at $6,607,966.30. This represents a 31.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.31% of the company’s stock.

Key Headlines Impacting Lam Research

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Analysts at Zacks said Lam Research has a strong history of earnings surprises and currently has the key indicators that could support another quarterly beat. The company previously reported record quarterly revenue of $6.72 billion, up 30% year over year, and guided to approximately $8.10 billion in revenue and $2.15 in non-GAAP EPS for the September quarter. Why Lam Research Is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Longer-term demand remains tied to artificial-intelligence infrastructure, advanced memory, 5G and automotive chips. Lam’s customer-support and service revenue also provides some recurring business and may help moderate semiconductor-cycle volatility. The Bull Case for Lam Research
• Neutral Sentiment: Expectations are elevated after a roughly 53% year-to-date rally and strong prior results. Investors will focus on whether revenue growth, earnings and management’s outlook justify the stock’s premium valuation. Lam Research Nears Earnings After a 53% Year-to-Date Rally
• Negative Sentiment: Evercore lowered its price target before earnings, adding pressure to the shares and signaling that near-term upside expectations may have become too demanding. Lam Research Shares Fall as Evercore Cuts Target
• Negative Sentiment: Investors are also concerned that semiconductor capital spending in 2027 may not keep pace with the optimism surrounding the AI buildout. Weakness across chip-equipment stocks suggests the move is partly sector-driven rather than caused by a new company-specific announcement. Lam Research Slips Ahead of Earnings
• Negative Sentiment: Reported insider activity shows sales without purchases over the past six months, which may reinforce caution, although such transactions can reflect scheduled diversification rather than a direct view on the company’s prospects.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on LRCX shares. Mizuho dropped their price objective on Lam Research from $370.00 to $365.00 and set an “outperform” rating for the company in a report on Tuesday, August 25th. Jefferies Financial Group set a $335.00 target price on shares of Lam Research and gave the stock a “buy” rating in a research note on Thursday, July 30th. Bank of America upped their price objective on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Zacks Research raised Lam Research from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $400.00 price objective (up from $340.00) on shares of Lam Research in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five 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 a consensus price target of $365.07.

About Lam Research

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.