Three Seasons Wealth LLC Makes New $2.19 Million Investment in Lamar Advertising Company $LAMR

Three Seasons Wealth LLC purchased a new stake in shares of Lamar Advertising Company (NASDAQ:LAMR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 14,055 shares of the real estate investment trust’s stock, valued at approximately $2,192,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LAMR. Tucker Asset Management LLC bought a new position in Lamar Advertising in the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd acquired a new position in Lamar Advertising during the 3rd quarter valued at about $33,000. Measured Wealth Private Client Group LLC acquired a new position in Lamar Advertising in the third quarter valued at approximately $39,000. Larson Financial Group LLC lifted its stake in shares of Lamar Advertising by 48.1% in the 4th quarter. Larson Financial Group LLC now owns 317 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 103 shares during the period. Finally, Western Wealth Management LLC bought a new position in Lamar Advertising during the first quarter worth about $40,000. 93.78% of the stock is owned by institutional investors and hedge funds.

Lamar Advertising Trading Down 0.5%

NASDAQ:LAMR opened at $150.76 on Friday. Lamar Advertising Company has a twelve month low of $114.45 and a twelve month high of $166.33. The business has a 50 day moving average price of $156.49 and a two-hundred day moving average price of $145.91. The company has a market cap of $15.31 billion, a P/E ratio of 27.51 and a beta of 1.17. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.29.

Lamar Advertising (NASDAQ:LAMR) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $1.58 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.58. The firm had revenue of $616.75 million for the quarter, compared to analyst estimates of $606.61 million. Lamar Advertising had a net margin of 23.90% and a return on equity of 54.94%. Lamar Advertising has set its FY 2026 guidance at 5.950-5.990 EPS. As a group, analysts expect that Lamar Advertising Company will post 8.43 EPS for the current fiscal year.

Lamar Advertising Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be paid a $1.65 dividend. This is a boost from Lamar Advertising’s previous quarterly dividend of $1.60. This represents a $6.60 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Monday, September 21st. Lamar Advertising’s dividend payout ratio (DPR) is 116.79%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LAMR. Weiss Ratings reissued a “buy (b)” rating on shares of Lamar Advertising in a research report on Wednesday, August 19th. Citigroup cut shares of Lamar Advertising from a “buy” rating to a “neutral” rating and upped their price objective for the company from $145.00 to $160.00 in a research report on Friday, July 10th. Wells Fargo & Company raised their price objective on Lamar Advertising from $150.00 to $151.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 12th. TD Cowen lifted their target price on Lamar Advertising from $150.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Finally, JPMorgan Chase & Co. boosted their target price on Lamar Advertising from $153.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $160.17.

Lamar Advertising Company Profile

Lamar Advertising Company (NASDAQ: LAMR) is one of North America’s largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.