Naples Global Advisors LLC Has $1.13 Million Position in Lamb Weston $LW

Naples Global Advisors LLC grew its holdings in shares of Lamb Weston (NYSE:LW) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,735 shares of the specialty retailer’s stock after acquiring an additional 700 shares during the period. Naples Global Advisors LLC’s holdings in Lamb Weston were worth $1,127,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of LW. Price T Rowe Associates Inc. MD grew its holdings in Lamb Weston by 49.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,500,503 shares of the specialty retailer’s stock worth $239,877,000 after acquiring an additional 1,483,559 shares during the period. Citigroup Inc. grew its holdings in Lamb Weston by 324.4% during the 1st quarter. Citigroup Inc. now owns 1,126,982 shares of the specialty retailer’s stock worth $60,068,000 after acquiring an additional 861,417 shares during the period. Invesco Ltd. grew its holdings in Lamb Weston by 25.7% during the 1st quarter. Invesco Ltd. now owns 4,055,902 shares of the specialty retailer’s stock worth $216,180,000 after acquiring an additional 829,207 shares during the period. Gates Capital Management Inc. grew its holdings in Lamb Weston by 49.8% during the 1st quarter. Gates Capital Management Inc. now owns 2,016,142 shares of the specialty retailer’s stock worth $107,460,000 after acquiring an additional 670,611 shares during the period. Finally, Clarkston Capital Partners LLC grew its holdings in Lamb Weston by 21.1% during the 1st quarter. Clarkston Capital Partners LLC now owns 3,721,559 shares of the specialty retailer’s stock worth $198,359,000 after acquiring an additional 648,855 shares during the period. 89.56% of the stock is currently owned by institutional investors and hedge funds.

Lamb Weston Price Performance

Shares of NYSE LW opened at $62.21 on Friday. Lamb Weston has a fifty-two week low of $47.87 and a fifty-two week high of $83.98. The stock has a market cap of $8.67 billion, a price-to-earnings ratio of 29.76, a PEG ratio of 6.51 and a beta of 0.52. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.68 and a current ratio of 1.49. The firm’s 50-day simple moving average is $56.03 and its 200 day simple moving average is $54.15.

Lamb Weston (NYSE:LW) last announced its quarterly earnings results on Tuesday, September 30th. The specialty retailer reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.21. Lamb Weston had a net margin of 4.56% and a return on equity of 28.08%. The business had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter last year, the firm earned $0.88 EPS. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. Lamb Weston has set its FY 2026 guidance at EPS. As a group, research analysts anticipate that Lamb Weston will post 3.1 earnings per share for the current fiscal year.

Lamb Weston Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, October 31st will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, October 31st. This represents a $1.48 annualized dividend and a dividend yield of 2.4%. Lamb Weston’s dividend payout ratio (DPR) is currently 58.96%.

Analysts Set New Price Targets

LW has been the subject of several research reports. JPMorgan Chase & Co. initiated coverage on Lamb Weston in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $57.00 target price for the company. Wells Fargo & Company raised their target price on Lamb Weston from $66.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday. Sanford C. Bernstein set a $65.00 target price on Lamb Weston and gave the company a “market perform” rating in a research note on Wednesday. Stifel Nicolaus set a $66.00 target price on Lamb Weston in a research note on Wednesday. Finally, Cowen restated a “hold” rating on shares of Lamb Weston in a research note on Wednesday. Three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Lamb Weston presently has an average rating of “Hold” and an average target price of $65.56.

Lamb Weston Company Profile

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.