Janus Henderson Group PLC Has $5.95 Million Stock Position in Louisiana-Pacific Corporation $LPX

Janus Henderson Group PLC boosted its holdings in shares of Louisiana-Pacific Corporation (NYSE:LPX) by 19.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 81,707 shares of the building manufacturing company’s stock after purchasing an additional 13,468 shares during the period. Janus Henderson Group PLC’s holdings in Louisiana-Pacific were worth $5,947,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. North Ridge Wealth Advisors Inc. bought a new position in shares of Louisiana-Pacific in the 2nd quarter valued at $26,000. Los Angeles Capital Management LLC bought a new stake in shares of Louisiana-Pacific during the 4th quarter worth $29,000. Parallel Advisors LLC boosted its stake in Louisiana-Pacific by 204.0% in the first quarter. Parallel Advisors LLC now owns 380 shares of the building manufacturing company’s stock valued at $28,000 after buying an additional 255 shares in the last quarter. Root Financial Partners LLC boosted its stake in Louisiana-Pacific by 177.6% in the first quarter. Root Financial Partners LLC now owns 433 shares of the building manufacturing company’s stock valued at $32,000 after buying an additional 277 shares in the last quarter. Finally, Whittier Trust Co. grew its position in Louisiana-Pacific by 138.1% in the first quarter. Whittier Trust Co. now owns 500 shares of the building manufacturing company’s stock valued at $36,000 after acquiring an additional 290 shares during the last quarter. Institutional investors and hedge funds own 94.73% of the company’s stock.

Louisiana-Pacific Price Performance

Shares of NYSE:LPX opened at $75.88 on Friday. The firm has a market cap of $5.30 billion, a PE ratio of 96.06, a price-to-earnings-growth ratio of 2.52 and a beta of 1.62. The firm’s fifty day moving average is $75.13 and its 200-day moving average is $77.69. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.48 and a current ratio of 3.22. Louisiana-Pacific Corporation has a 52 week low of $66.12 and a 52 week high of $102.86.

Louisiana-Pacific (NYSE:LPX) last issued its quarterly earnings data on Wednesday, August 5th. The building manufacturing company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.14). The business had revenue of $665.00 million during the quarter, compared to the consensus estimate of $667.31 million. Louisiana-Pacific had a return on equity of 4.67% and a net margin of 2.19%.The business’s revenue for the quarter was down 12.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 EPS. Sell-side analysts predict that Louisiana-Pacific Corporation will post 1.86 earnings per share for the current year.

Louisiana-Pacific Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Friday, August 14th. Louisiana-Pacific’s payout ratio is 101.69%.

Analysts Set New Price Targets

Several research analysts have commented on LPX shares. Jefferies Financial Group began coverage on Louisiana-Pacific in a research note on Tuesday, June 23rd. They set a “buy” rating and a $93.00 target price for the company. Truist Financial decreased their price target on shares of Louisiana-Pacific from $91.00 to $89.00 and set a “buy” rating on the stock in a report on Thursday. Bank of America upped their price objective on shares of Louisiana-Pacific from $85.00 to $101.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. BMO Capital Markets upgraded shares of Louisiana-Pacific from a “market perform” rating to an “outperform” rating and set a $94.00 target price on the stock in a research report on Thursday, May 7th. Finally, DA Davidson decreased their target price on shares of Louisiana-Pacific from $103.00 to $99.00 and set a “buy” rating on the stock in a research note on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $94.00.

Trending Headlines about Louisiana-Pacific

Here are the key news stories impacting Louisiana-Pacific this week:

• Positive Sentiment: DA Davidson maintained a Buy rating while lowering its price target from $103 to $99, implying approximately 30.5% upside from $75.88. Benzinga analyst note
• Positive Sentiment: Truist Financial also retained a Buy rating, reducing its target from $91 to $89, representing roughly 17.3% potential upside. Benzinga analyst note
• Positive Sentiment: Barclays kept an Overweight rating and trimmed its target from $93 to $92, still indicating approximately 21.2% upside. Benzinga analyst note
• Neutral Sentiment: Analyst target reductions suggest estimates are being reset lower, although the continued positive ratings indicate that analysts believe LPX’s valuation and longer-term prospects may support a recovery.
• Negative Sentiment: Louisiana-Pacific reported second-quarter EPS of $0.40, below consensus estimates of $0.53-$0.58 and down from $0.99 a year earlier. Revenue of $665 million was close to estimates of $667.3 million but declined 12.1% year over year. Q2 earnings report
• Negative Sentiment: Management’s updated outlook is particularly weak: third-quarter revenue guidance of $460 million-$470 million is far below the $684.3 million consensus, while full-year revenue guidance of about $1.7 billion trails the $2.6 billion estimate. The lack of stated EPS guidance adds uncertainty. Q2 earnings call transcript
• Negative Sentiment: Goldman Sachs raised its target from $66 to $74 but maintained a Sell rating, putting its target slightly below the referenced share price. Benzinga analyst note

About Louisiana-Pacific

Louisiana-Pacific Corporation (NYSE: LPX) is a leading manufacturer of building materials and engineered wood products for residential, industrial and light commercial construction. The company produces a diverse portfolio of products, including oriented strand board (OSB), engineered wood siding, trim, molding, sheathing panels and subflooring. Its flagship product lines, such as LP® SmartSide® trim and siding, are designed to offer enhanced durability, moisture resistance and ease of installation, helping builders and homeowners achieve long-lasting performance in a variety of climates.

Founded in 1973 as a spin-off from Georgia-Pacific, Louisiana-Pacific established its reputation by pioneering innovative manufacturing techniques for OSB, becoming one of the first companies to bring the product to market in the 1980s.