Douglas Lane & Associates LLC Raises Holdings in Lamb Weston $LW

Douglas Lane & Associates LLC increased its position in Lamb Weston (NYSE:LW) by 7.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,811,598 shares of the specialty retailer’s stock after purchasing an additional 129,243 shares during the quarter. Douglas Lane & Associates LLC’s holdings in Lamb Weston were worth $75,526,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC raised its holdings in Lamb Weston by 58.7% in the third quarter. GAMMA Investing LLC now owns 4,408 shares of the specialty retailer’s stock valued at $184,000 after acquiring an additional 1,631 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Lamb Weston by 25.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,017 shares of the specialty retailer’s stock worth $209,000 after purchasing an additional 1,024 shares during the last quarter. MFA Wealth Advisors LLC increased its holdings in Lamb Weston by 27.0% in the third quarter. MFA Wealth Advisors LLC now owns 5,930 shares of the specialty retailer’s stock valued at $247,000 after buying an additional 1,261 shares during the last quarter. CX Institutional raised its stake in Lamb Weston by 162.7% in the third quarter. CX Institutional now owns 34,674 shares of the specialty retailer’s stock valued at $1,446,000 after buying an additional 21,476 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Lamb Weston by 6.4% during the 2nd quarter. State Street Corp now owns 4,869,644 shares of the specialty retailer’s stock worth $210,271,000 after acquiring an additional 294,120 shares in the last quarter. Hedge funds and other institutional investors own 89.56% of the company’s stock.

More Lamb Weston News

Here are the key news stories impacting Lamb Weston this week:

• Positive Sentiment: Raised price target: Stephens increased its price target for Lamb Weston from $50 to $55 while maintaining an “equal weight” rating, implying notable potential appreciation from recent trading levels. Analysts Offer Insights on Consumer Goods Companies: Edgewell Personal Care and Lamb Weston
• Positive Sentiment: Momentum and earnings support: Analysts point to Lamb Weston’s improving momentum profile and long-term potential. The company recently exceeded quarterly EPS and revenue expectations, while management raised fiscal 2027 guidance. Why Lamb Weston Is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Operational initiatives: Stable volumes and cost-reduction efforts are helping offset pricing and margin pressure, providing a potential foundation for improved profitability. LW Q3 Deep Dive: Stable Volumes and Cost Initiatives Offset Margin Compression
• Neutral Sentiment: Analyst outlook remains balanced: Several recent analyst commentaries recognize Lamb Weston’s earnings progress but do not indicate a decisive shift toward bullish ratings. Analysts Offer Insights on Consumer Goods Companies
• Negative Sentiment: Margin concerns: Cost inflation and weaker margins remain a risk even as volumes hold up, potentially constraining earnings growth and valuation expansion. Lamb Weston Faces a Fresh Test as Leadership Change Leaves Valuation in Balance
• Negative Sentiment: Leadership transition: The change in senior leadership creates execution uncertainty and leaves investors weighing the company’s valuation against its recovery prospects. Lamb Weston Faces a Fresh Test as Leadership Change Leaves Valuation in Balance

Lamb Weston Price Performance

Lamb Weston stock traded down $1.04 during trading hours on Friday, hitting $48.42. The stock had a trading volume of 490,432 shares, compared to its average volume of 2,260,194. Lamb Weston has a 1-year low of $37.62 and a 1-year high of $67.07. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.45 and a quick ratio of 0.74. The stock’s fifty day moving average is $49.80 and its two-hundred day moving average is $46.12. The stock has a market capitalization of $6.66 billion, a price-to-earnings ratio of 26.49, a PEG ratio of 1.78 and a beta of 0.49.

Lamb Weston (NYSE:LW) last released its quarterly earnings results on Tuesday, October 6th. The specialty retailer reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.16. The company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.65 billion. Lamb Weston had a return on equity of 23.27% and a net margin of 3.85%.The business’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.74 earnings per share. Lamb Weston has set its FY 2027 guidance at 3.050-3.350 EPS. As a group, analysts predict that Lamb Weston will post 3.17 earnings per share for the current fiscal year.

Lamb Weston Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Stockholders of record on Friday, November 6th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, November 6th. Lamb Weston’s dividend payout ratio is presently 83.06%.

Wall Street Analyst Weigh In

LW has been the subject of a number of research reports. Sanford C. Bernstein upped their target price on shares of Lamb Weston from $42.00 to $57.00 and gave the company a “market perform” rating in a report on Tuesday, July 28th. Stifel Nicolaus lifted their price objective on shares of Lamb Weston from $45.00 to $52.00 and gave the company a “hold” rating in a research report on Monday, July 27th. Wall Street Zen downgraded shares of Lamb Weston from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Stephens lifted their target price on shares of Lamb Weston from $50.00 to $55.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Wells Fargo & Company reduced their price objective on shares of Lamb Weston from $57.00 to $54.00 and set an “overweight” rating for the company in a research report on Wednesday. Three investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Lamb Weston has a consensus rating of “Hold” and a consensus target price of $53.82.

About Lamb Weston

Lamb Weston Holdings, Inc (NYSE: LW) is a global producer and marketer of frozen potato products. The company supplies French fries, potato wedges, hash browns, potato rounds, mashed potatoes and other specialty potato products to restaurants, foodservice distributors, retailers and food manufacturers.

Its product portfolio includes conventional and specialty frozen potato offerings, as well as sweet potato products and appetizer items. Lamb Weston sells products under its Lamb Weston and Grown in Idaho brands, while also providing private-label products for retail and foodservice customers.

The company’s history dates to the 1950s, when it began producing frozen potato products in the Pacific Northwest.