IFM Investors Pty Ltd Has $24.88 Million Holdings in Lam Research Corporation $LRCX

Key Points

• IFM Investors Pty Ltd increased its stake in Lam Research Corporation by 2.6% during the second quarter, owning 255,545 shares valued at approximately $24.9 million.
• Lam Research reported earnings of $1.33 per share for the latest quarter, exceeding analysts' expectations, and is projecting a Q1 2026 EPS guidance in the range of $1.100-1.300.
• The company announced a dividend increase to $0.26 per share, set to be paid on October 15th, reflecting a 0.8% yield and a payout ratio of 22.12%.

IFM Investors Pty Ltd raised its position in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 2.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 255,545 shares of the semiconductor company's stock after purchasing an additional 6,495 shares during the quarter. IFM Investors Pty Ltd's holdings in Lam Research were worth $24,875,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of LRCX. Meridian Wealth Management LLC grew its holdings in shares of Lam Research by 1.4% in the 1st quarter. Meridian Wealth Management LLC now owns 9,732 shares of the semiconductor company's stock valued at $707,000 after acquiring an additional 130 shares in the last quarter. Bay Rivers Group grew its holdings in Lam Research by 0.6% during the second quarter. Bay Rivers Group now owns 22,404 shares of the semiconductor company's stock worth $2,181,000 after purchasing an additional 130 shares during the period. GW&K Investment Management LLC lifted its position in Lam Research by 10.1% during the first quarter. GW&K Investment Management LLC now owns 1,534 shares of the semiconductor company's stock worth $112,000 after acquiring an additional 141 shares during the last quarter. Dorsey & Whitney Trust CO LLC lifted its position in Lam Research by 1.2% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 12,498 shares of the semiconductor company's stock worth $909,000 after acquiring an additional 146 shares during the last quarter. Finally, Fiduciary Financial Group LLC lifted its position in Lam Research by 3.8% during the second quarter. Fiduciary Financial Group LLC now owns 4,073 shares of the semiconductor company's stock worth $394,000 after acquiring an additional 150 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company's stock.

Lam Research Price Performance

Shares of NASDAQ LRCX traded up $0.60 during midday trading on Friday, reaching $126.92. 24,270,137 shares of the company were exchanged, compared to its average volume of 9,983,844. The stock's 50-day moving average price is $103.36 and its 200-day moving average price is $88.26. The stock has a market cap of $160.05 billion, a P/E ratio of 30.51, a PEG ratio of 1.62 and a beta of 1.76. Lam Research Corporation has a one year low of $56.32 and a one year high of $128.70. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share 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 for the quarter, compared to analysts' expectations of $4.99 billion. During the same quarter in the previous year, the firm posted $1.03 earnings per share. The company's revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, sell-side analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be paid a $0.26 dividend. This is a positive change from Lam Research's previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, September 24th. Lam Research's payout ratio is presently 22.12%.

Analyst Ratings Changes

A number of research firms have recently weighed in on LRCX. Raymond James Financial lifted their price target on shares of Lam Research from $90.00 to $110.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. TD Cowen lifted their price target on shares of Lam Research from $100.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. UBS Group lifted their price target on shares of Lam Research from $95.00 to $120.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Wall Street Zen upgraded shares of Lam Research from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, B. Riley restated a "buy" rating and set a $115.00 price objective (up from $95.00) on shares of Lam Research in a research report on Wednesday, June 18th. Twenty analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $107.96.

Lam Research 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.