Cooper Creek Partners Management LLC Sells 356,628 Shares of Lamb Weston $LW

Cooper Creek Partners Management LLC lessened its position in shares of Lamb Weston (NYSE:LW) by 55.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 284,928 shares of the specialty retailer’s stock after selling 356,628 shares during the quarter. Cooper Creek Partners Management LLC’s holdings in Lamb Weston were worth $12,041,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Norges Bank bought a new position in shares of Lamb Weston during the 4th quarter valued at approximately $125,662,000. M&T Bank Corp increased its position in Lamb Weston by 45,177.0% in the fourth quarter. M&T Bank Corp now owns 2,835,245 shares of the specialty retailer’s stock worth $118,768,000 after purchasing an additional 2,828,983 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Lamb Weston by 27.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,824,690 shares of the specialty retailer’s stock worth $411,558,000 after purchasing an additional 2,111,874 shares during the last quarter. Ion Asset Management Ltd. purchased a new stake in Lamb Weston during the second quarter valued at $84,379,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in Lamb Weston by 350.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,451,954 shares of the specialty retailer’s stock valued at $61,360,000 after purchasing an additional 1,129,918 shares in the last quarter. 89.56% of the stock is owned by hedge funds and other institutional investors.

Lamb Weston Stock Up 0.8%

Shares of LW opened at $49.57 on Friday. The company has a quick ratio of 0.69, a current ratio of 1.46 and a debt-to-equity ratio of 1.99. The business has a fifty day moving average of $44.73 and a 200 day moving average of $44.25. The company has a market cap of $6.84 billion, a PE ratio of 23.83, a P/E/G ratio of 6.58 and a beta of 0.47. Lamb Weston has a 52-week low of $37.62 and a 52-week high of $67.07.

Lamb Weston (NYSE:LW) last posted its quarterly earnings data 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 net margin of 4.61% and a return on equity of 23.77%. The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter in the previous year, the business posted $0.87 earnings per share. The business’s revenue 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. On average, sell-side analysts expect that Lamb Weston will post 3.08 EPS for the current year.

Lamb Weston Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 7th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 3.1%. The ex-dividend date is Friday, August 7th. Lamb Weston’s dividend payout ratio is presently 71.03%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wells Fargo & Company lifted their price objective on shares of Lamb Weston from $46.00 to $54.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Barclays upped their target price on shares of Lamb Weston from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Tuesday. BNP Paribas Exane lowered their price target on shares of Lamb Weston from $48.00 to $41.00 and set a “neutral” rating for the company in a report on Thursday, April 2nd. Stephens began coverage on Lamb Weston in a research report on Wednesday, May 27th. They issued an “equal weight” rating and a $46.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Lamb Weston from $46.00 to $40.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $49.27.

More Lamb Weston News

Here are the key news stories impacting Lamb Weston this week:

• Positive Sentiment: Lamb Weston beat fiscal Q4 earnings and revenue estimates, with stronger North American volume driving the top line. Lamb Weston (LW) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company issued FY 2027 guidance that implies modest growth and revenue above consensus, suggesting management confidence in the turnaround. Lamb Weston earnings report
• Neutral Sentiment: Management said higher production and cost savings are helping offset inflation and geopolitical disruptions, but those headwinds are still affecting international sales. Seeking Alpha news
• Neutral Sentiment: Analysts remain cautious despite the beat, with at least one downgrade saying the stock may be past the worst but still faces meaningful challenges. Lamb Weston: Passing The Bottom, But Challenges Remain (Downgrade)
• Negative Sentiment: International weakness, inflation, and geopolitical volatility continue to pressure margins and could limit how quickly earnings improve. Lamb Weston Posts Higher Sales on North America Growth

About Lamb Weston

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.