Lamb Weston $LW Shares Bought by Avantra Family Wealth Inc.

Avantra Family Wealth Inc. grew its holdings in shares of Lamb Weston (NYSE:LW) by 44.5% during the second quarter, Holdings Channel.com reports. The firm owned 6,391 shares of the specialty retailer’s stock after buying an additional 1,969 shares during the quarter. Avantra Family Wealth Inc.’s holdings in Lamb Weston were worth $331,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in shares of Lamb Weston by 23.0% during the first quarter. Envestnet Asset Management Inc. now owns 723,215 shares of the specialty retailer’s stock valued at $38,547,000 after purchasing an additional 135,188 shares during the period. Jump Financial LLC increased its holdings in shares of Lamb Weston by 2,603.3% during the first quarter. Jump Financial LLC now owns 189,826 shares of the specialty retailer’s stock valued at $10,118,000 after purchasing an additional 182,804 shares during the period. Teacher Retirement System of Texas acquired a new position in shares of Lamb Weston during the first quarter valued at $1,059,000. Liberty One Investment Management LLC increased its holdings in shares of Lamb Weston by 17.4% during the first quarter. Liberty One Investment Management LLC now owns 411,353 shares of the specialty retailer’s stock valued at $21,925,000 after purchasing an additional 61,085 shares during the period. Finally, Edgestream Partners L.P. acquired a new position in shares of Lamb Weston during the first quarter valued at $3,847,000. 89.56% of the stock is owned by institutional investors and hedge funds.

Lamb Weston Trading Up 0.8%

NYSE:LW opened at $63.39 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 1.49 and a debt-to-equity ratio of 2.05. Lamb Weston has a 1-year low of $47.87 and a 1-year high of $83.98. The firm has a market capitalization of $8.83 billion, a price-to-earnings ratio of 30.33, a price-to-earnings-growth ratio of 4.31 and a beta of 0.52. The stock has a fifty day simple moving average of $56.15 and a 200 day simple moving average of $54.31.

Lamb Weston (NYSE:LW) last released its quarterly earnings results on Tuesday, September 30th. The specialty retailer reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.21. Lamb Weston had a return on equity of 28.08% and a net margin of 4.56%.The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same quarter last year, the company posted $0.88 EPS. Lamb Weston’s revenue for the quarter was up .3% on a year-over-year basis. Lamb Weston has set its FY 2026 guidance at EPS. Sell-side analysts forecast that Lamb Weston will post 3.1 earnings per share for the current year.

Lamb Weston Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, October 31st will be given a $0.37 dividend. The ex-dividend date is Friday, October 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.3%. Lamb Weston’s dividend payout ratio (DPR) is 70.81%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on LW. JPMorgan Chase & Co. began coverage on Lamb Weston in a research note on Wednesday, August 20th. They set a “neutral” rating and a $57.00 target price for the company. Sanford C. Bernstein set a $65.00 target price on Lamb Weston and gave the company a “market perform” rating in a research note on Wednesday, October 1st. Barclays raised their target price on Lamb Weston from $61.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. BNP Paribas Exane raised their target price on Lamb Weston from $64.00 to $66.00 and gave the company an “outperform” rating in a research note on Wednesday, October 1st. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Lamb Weston from $59.00 to $61.00 and gave the company a “hold” rating in a research note on Wednesday, October 1st. Four equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Lamb Weston has an average rating of “Hold” and a consensus target price of $65.70.

About Lamb Weston

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.