Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Lamar Advertising Company (NASDAQ:LAMR). In a filing disclosed on September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in Lamar Advertising stock on July 16th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
- Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
- Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
- Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
- Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
- Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
- Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
- Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
- Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
- Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.
Lamar Advertising Stock Up 0.2%
Lamar Advertising stock traded up $0.31 during midday trading on Tuesday, reaching $151.07. The stock had a trading volume of 28,447 shares, compared to its average volume of 591,766. The stock has a market capitalization of $15.34 billion, a P/E ratio of 27.56 and a beta of 1.17. The firm’s fifty day simple moving average is $156.38 and its 200-day simple moving average is $146.14. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.63 and a current ratio of 0.63. Lamar Advertising Company has a 1-year low of $114.45 and a 1-year high of $166.33.
Lamar Advertising Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be given a dividend of $1.65 per share. This is an increase 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 payout ratio is currently 116.79%.
Hedge Funds Weigh In On Lamar Advertising
Several hedge funds and other institutional investors have recently added to or reduced their stakes in LAMR. California State Teachers Retirement System grew its stake in Lamar Advertising by 16,163.1% during the second quarter. California State Teachers Retirement System now owns 15,762,403 shares of the real estate investment trust’s stock worth $2,458,620,000 after buying an additional 15,665,482 shares in the last quarter. Boston Partners lifted its holdings in shares of Lamar Advertising by 2.0% during the 3rd quarter. Boston Partners now owns 2,384,715 shares of the real estate investment trust’s stock worth $291,928,000 after acquiring an additional 46,361 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Lamar Advertising by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 2,382,137 shares of the real estate investment trust’s stock worth $301,573,000 after acquiring an additional 32,542 shares during the period. Wellington Management Group LLP boosted its position in shares of Lamar Advertising by 1.3% during the 2nd quarter. Wellington Management Group LLP now owns 2,125,742 shares of the real estate investment trust’s stock worth $331,573,000 after acquiring an additional 27,100 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Lamar Advertising by 23.9% in the third quarter. Northern Trust Corp now owns 1,629,554 shares of the real estate investment trust’s stock valued at $199,490,000 after acquiring an additional 314,235 shares during the last quarter. 93.78% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on LAMR. TD Cowen raised their target price on shares of Lamar Advertising from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Wells Fargo & Company boosted their price target on Lamar Advertising from $150.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 12th. Morgan Stanley set a $170.00 price objective on Lamar Advertising in a research note on Friday, August 7th. JPMorgan Chase & Co. raised their price objective on Lamar Advertising from $153.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Finally, Citigroup downgraded Lamar Advertising from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $145.00 to $160.00 in a research note on Friday, July 10th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $160.17.
Check Out Our Latest Analysis on LAMR
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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.
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