LFL Advisers LLC Has $37.42 Million Stock Holdings in Lamar Advertising Company $LAMR

LFL Advisers LLC boosted its stake in Lamar Advertising Company (NASDAQ:LAMR) by 3.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 305,674 shares of the real estate investment trust’s stock after buying an additional 8,895 shares during the period. Lamar Advertising accounts for approximately 13.0% of LFL Advisers LLC’s portfolio, making the stock its 4th largest position. LFL Advisers LLC owned 0.30% of Lamar Advertising worth $37,421,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Berkshire Hathaway Inc purchased a new position in shares of Lamar Advertising during the 2nd quarter worth approximately $141,931,000. Norges Bank bought a new stake in shares of Lamar Advertising during the second quarter valued at approximately $116,240,000. AQR Capital Management LLC boosted its position in shares of Lamar Advertising by 123.8% during the second quarter. AQR Capital Management LLC now owns 1,475,525 shares of the real estate investment trust’s stock valued at $177,152,000 after purchasing an additional 816,217 shares in the last quarter. Egerton Capital UK LLP purchased a new stake in Lamar Advertising in the third quarter worth $88,615,000. Finally, Geode Capital Management LLC grew its stake in Lamar Advertising by 27.8% in the second quarter. Geode Capital Management LLC now owns 2,344,637 shares of the real estate investment trust’s stock worth $284,577,000 after purchasing an additional 510,025 shares during the period. 93.78% of the stock is owned by institutional investors.

Lamar Advertising Stock Down 0.8%

Shares of NASDAQ:LAMR opened at $134.68 on Thursday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 3.10. The stock has a fifty day simple moving average of $131.66 and a two-hundred day simple moving average of $127.59. Lamar Advertising Company has a 12-month low of $99.84 and a 12-month high of $139.76. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 23.34 and a beta of 1.21.

Lamar Advertising (NASDAQ:LAMR) last released its 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 company had revenue of $595.93 million during the quarter, compared to analysts’ expectations of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. On average, research analysts anticipate that Lamar Advertising Company will post 7.92 earnings per share for the current fiscal year.

Lamar Advertising Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $1.60 per share. The ex-dividend date is Monday, March 16th. This represents a $6.40 dividend on an annualized basis and a yield of 4.8%. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.55. Lamar Advertising’s dividend payout ratio (DPR) is 107.45%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. TD Cowen reissued a “buy” rating on shares of Lamar Advertising in a research report on Monday, February 23rd. JPMorgan Chase & Co. upped their target price on shares of Lamar Advertising from $122.00 to $128.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 12th. Weiss Ratings upgraded shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday, February 23rd. Citigroup lifted their price target on shares of Lamar Advertising from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, UBS Group set a $150.00 price objective on shares of Lamar Advertising in a research note on Monday, February 23rd. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Lamar Advertising currently has a consensus rating of “Moderate Buy” and an average price target of $139.80.

Lamar Advertising 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.