Schroder Investment Management Group Increases Stock Position in Lamar Advertising Company $LAMR

Schroder Investment Management Group lifted its position in shares of Lamar Advertising Company (NASDAQ:LAMR) by 17.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 371,602 shares of the real estate investment trust’s stock after purchasing an additional 55,739 shares during the period. Schroder Investment Management Group’s holdings in Lamar Advertising were worth $44,934,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LAMR. Berkshire Hathaway Inc bought a new stake in Lamar Advertising in the 2nd quarter worth about $141,931,000. Norges Bank bought a new position in shares of Lamar Advertising during the 2nd quarter worth approximately $116,240,000. AQR Capital Management LLC boosted its stake in shares of Lamar Advertising by 123.8% in the 2nd quarter. AQR Capital Management LLC now owns 1,475,525 shares of the real estate investment trust’s stock worth $177,152,000 after buying an additional 816,217 shares during the last quarter. Egerton Capital UK LLP purchased a new position in shares of Lamar Advertising in the 3rd quarter worth approximately $88,615,000. Finally, Geode Capital Management LLC grew its holdings in shares of Lamar Advertising by 27.8% in the second quarter. Geode Capital Management LLC now owns 2,344,637 shares of the real estate investment trust’s stock valued at $284,577,000 after acquiring an additional 510,025 shares in the last quarter. 93.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LAMR shares. UBS Group set a $150.00 price target on Lamar Advertising in a research report on Monday, February 23rd. Morgan Stanley set a $140.00 price objective on Lamar Advertising in a research note on Tuesday, December 16th. Wells Fargo & Company raised their target price on Lamar Advertising from $121.00 to $136.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 24th. JPMorgan Chase & Co. lifted their target price on Lamar Advertising from $122.00 to $128.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 12th. Finally, TD Cowen reissued a “buy” rating on shares of Lamar Advertising in a report on Monday, February 23rd. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $139.80.

Lamar Advertising Trading Down 0.8%

Shares of LAMR stock opened at $134.68 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 3.10. The firm has a market cap of $13.65 billion, a P/E ratio of 23.34 and a beta of 1.21. The company has a 50 day moving average of $131.66 and a 200-day moving average of $127.59. Lamar Advertising Company has a 12-month low of $99.84 and a 12-month high of $139.76.

Lamar Advertising (NASDAQ:LAMR) last posted its quarterly earnings data on Friday, February 20th. The real estate investment trust reported $1.50 EPS for the quarter, missing the consensus estimate of $2.18 by ($0.68). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The firm had revenue of $595.93 million during the quarter, compared to analysts’ expectations of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. Sell-side analysts anticipate that Lamar Advertising Company will post 7.92 earnings per share for the current year.

Lamar Advertising Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $1.60 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.8%. This is a boost from Lamar Advertising’s previous quarterly dividend of $1.55. Lamar Advertising’s payout ratio is currently 107.45%.

Lamar Advertising 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.