Dimensional Fund Advisors LP Has $1.35 Billion Holdings in Lam Research Corporation $LRCX

Dimensional Fund Advisors LP lifted its holdings in Lam Research Corporation (NASDAQ:LRCX) by 2.5% during the first quarter, HoldingsChannel.com reports. The firm owned 6,312,616 shares of the semiconductor company’s stock after purchasing an additional 153,336 shares during the period. Dimensional Fund Advisors LP’s holdings in Lam Research were worth $1,348,057,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in LRCX. Fideuram Asset Management Ireland dac bought a new stake in shares of Lam Research in the 4th quarter valued at about $10,035,000. Generali Investments Management Co LLC grew its holdings in Lam Research by 62.0% during the fourth quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock worth $6,209,000 after purchasing an additional 13,878 shares during the period. Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Lam Research during the first quarter worth approximately $59,973,000. Krilogy Financial LLC increased its position in Lam Research by 19.5% during the first quarter. Krilogy Financial LLC now owns 28,111 shares of the semiconductor company’s stock worth $6,006,000 after buying an additional 4,584 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd bought a new stake in Lam Research in the first quarter valued at approximately $26,489,000. Institutional investors own 84.61% of the company’s stock.

Insider Transactions at Lam Research

In other news, Director Abhijit Y. Talwalkar sold 18,282 shares of the business’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the sale, the director owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. The trade was a 17.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 104,621 shares of company stock worth $33,804,737 over the last ninety days. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Erste Group Bank downgraded Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. UBS Group restated a “buy” rating and issued a $375.00 price target (up from $310.00) on shares of Lam Research in a research note on Tuesday, June 9th. Wall Street Zen downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Seaport Research Partners started coverage on shares of Lam Research in a research report on Monday, May 4th. They set a “buy” rating and a $300.00 price objective for the company. Finally, New Street Research lifted their price objective on shares of Lam Research from $235.00 to $280.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Twenty-eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $358.67.

Lam Research Price Performance

Lam Research stock opened at $313.30 on Monday. Lam Research Corporation has a 12 month low of $90.93 and a 12 month high of $438.50. The stock’s 50 day moving average is $339.57 and its 200-day moving average is $269.60. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $391.80 billion, a price-to-earnings ratio of 59.11, a PEG ratio of 1.86 and a beta of 1.80.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. The business had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same period last year, the firm posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities research analysts expect that Lam Research Corporation will post 5.68 EPS for the current year.

Lam Research Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is currently 19.62%.

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.