Royal Fund Management LLC Acquires 7,820 Shares of Lamar Advertising Company $LAMR

Royal Fund Management LLC raised its stake in shares of Lamar Advertising Company (NASDAQ:LAMR) by 21.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 44,296 shares of the real estate investment trust’s stock after buying an additional 7,820 shares during the period. Royal Fund Management LLC’s holdings in Lamar Advertising were worth $5,607,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Signature Wealth Management Group raised its stake in shares of Lamar Advertising by 2.5% in the fourth quarter. Signature Wealth Management Group now owns 34,151 shares of the real estate investment trust’s stock worth $4,323,000 after purchasing an additional 837 shares during the last quarter. Brookstone Capital Management lifted its holdings in shares of Lamar Advertising by 4.5% in the fourth quarter. Brookstone Capital Management now owns 3,049 shares of the real estate investment trust’s stock valued at $386,000 after purchasing an additional 132 shares in the last quarter. Alliance Wealth Advisors LLC boosted its position in shares of Lamar Advertising by 2.8% during the fourth quarter. Alliance Wealth Advisors LLC now owns 3,510 shares of the real estate investment trust’s stock valued at $444,000 after buying an additional 94 shares during the last quarter. Spire Wealth Management grew its holdings in Lamar Advertising by 55.8% during the fourth quarter. Spire Wealth Management now owns 1,681 shares of the real estate investment trust’s stock worth $213,000 after buying an additional 602 shares in the last quarter. Finally, Chesley Taft & Associates LLC grew its holdings in Lamar Advertising by 9.8% during the fourth quarter. Chesley Taft & Associates LLC now owns 8,145 shares of the real estate investment trust’s stock worth $1,031,000 after buying an additional 725 shares in the last quarter. 93.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LAMR has been the topic of several recent analyst reports. Wells Fargo & Company raised their price objective on Lamar Advertising from $121.00 to $136.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 24th. Morgan Stanley set a $140.00 target price on shares of Lamar Advertising in a research note on Tuesday, December 16th. Weiss Ratings upgraded shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a report on Monday, February 23rd. UBS Group set a $150.00 price target on shares of Lamar Advertising in a research report on Monday, February 23rd. Finally, TD Cowen restated 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 issued a Hold rating to the company. According to MarketBeat.com, Lamar Advertising has a consensus rating of “Moderate Buy” and an average target price of $139.80.

Lamar Advertising Stock Performance

LAMR stock opened at $123.71 on Tuesday. 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 $12.54 billion, a PE ratio of 21.44 and a beta of 1.21. The business has a 50 day moving average of $131.65 and a 200-day moving average of $127.75. Lamar Advertising Company has a 12-month low of $99.84 and a 12-month high of $139.76.

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

Lamar Advertising Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a dividend of $1.60 per share. This represents a $6.40 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Monday, March 16th. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.55. Lamar Advertising’s dividend payout ratio (DPR) is presently 110.92%.

Insider Buying and Selling at Lamar Advertising

In related news, EVP Ross Lamar Reilly sold 5,969 shares of the business’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $128.65, for a total value of $767,911.85. Following the transaction, the executive vice president directly owned 15,850 shares of the company’s stock, valued at approximately $2,039,102.50. The trade was a 27.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 14.99% of the company’s stock.

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.