First Nebraska Trust Co Makes New Investment in Lamb Weston $LW

First Nebraska Trust Co purchased a new stake in Lamb Weston (NYSE:LW) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 121,566 shares of the specialty retailer’s stock, valued at approximately $5,137,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. MCF Advisors LLC boosted its stake in shares of Lamb Weston by 44.2% during the 4th quarter. MCF Advisors LLC now owns 649 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 199 shares in the last quarter. Hantz Financial Services Inc. raised its position in shares of Lamb Weston by 380.7% during the fourth quarter. Hantz Financial Services Inc. now owns 721 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 571 shares during the period. Transamerica Financial Advisors LLC raised its position in shares of Lamb Weston by 121.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 1,130 shares of the specialty retailer’s stock worth $47,000 after purchasing an additional 619 shares during the period. Eagle Bay Advisors LLC acquired a new stake in shares of Lamb Weston during the fourth quarter worth $48,000. Finally, SJS Investment Consulting Inc. lifted its holdings in shares of Lamb Weston by 4,512.0% during the first quarter. SJS Investment Consulting Inc. now owns 1,153 shares of the specialty retailer’s stock valued at $49,000 after purchasing an additional 1,128 shares during the last quarter. Institutional investors and hedge funds own 89.56% of the company’s stock.

Lamb Weston Price Performance

LW opened at $52.62 on Friday. The firm has a market capitalization of $7.23 billion, a P/E ratio of 25.30, a PEG ratio of 2.35 and a beta of 0.47. The stock has a fifty day moving average of $45.80 and a 200-day moving average of $44.69. The company has a quick ratio of 0.74, a current ratio of 1.42 and a debt-to-equity ratio of 1.97. Lamb Weston has a 12-month low of $37.62 and a 12-month high of $67.07.

Lamb Weston (NYSE:LW) last issued its quarterly earnings results on Friday, July 24th. The specialty retailer reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.24. Lamb Weston had a return on equity of 23.33% and a net margin of 4.39%.The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. Lamb Weston’s revenue for the quarter was up 5.6% compared to the same quarter last year. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. Equities analysts forecast that Lamb Weston will post 3.05 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 7th will be given a dividend of $0.38 per share. The ex-dividend date is Friday, August 7th. This represents a $1.52 dividend on an annualized basis and a yield of 2.9%. Lamb Weston’s dividend payout ratio (DPR) is presently 73.08%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on LW shares. Wells Fargo & Company increased their price target on Lamb Weston from $54.00 to $57.00 and gave the company an “overweight” rating in a research report on Monday, July 27th. Sanford C. Bernstein boosted their price objective on Lamb Weston from $42.00 to $57.00 and gave the stock a “market perform” rating in a report on Tuesday. Barclays upped their price objective on shares of Lamb Weston from $50.00 to $56.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. JPMorgan Chase & Co. raised their target price on shares of Lamb Weston from $43.00 to $48.00 and gave the stock a “neutral” rating in a report on Thursday, July 9th. Finally, Stephens lifted their target price on shares of Lamb Weston from $46.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Three research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $53.36.

Lamb Weston Company Profile

Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.

Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.