Sanctuary Advisors LLC Invests $696,000 in Lamb Weston $LW

Sanctuary Advisors LLC bought a new position in shares of Lamb Weston (NYSE:LW) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 16,129 shares of the specialty retailer’s stock, valued at approximately $696,000.

Several other large investors have also recently bought and sold shares of LW. Arnhold LLC boosted its stake in Lamb Weston by 710.2% in the 4th quarter. Arnhold LLC now owns 38,217 shares of the specialty retailer’s stock worth $1,601,000 after purchasing an additional 33,500 shares during the period. Dana Investment Advisors Inc. raised its stake in shares of Lamb Weston by 44.8% in the 4th quarter. Dana Investment Advisors Inc. now owns 89,991 shares of the specialty retailer’s stock valued at $3,770,000 after purchasing an additional 27,835 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Lamb Weston by 349.1% in the first quarter. Principal Financial Group Inc. now owns 690,493 shares of the specialty retailer’s stock valued at $29,180,000 after purchasing an additional 536,745 shares in the last quarter. Texas Yale Capital Corp. acquired a new position in shares of Lamb Weston during the fourth quarter worth about $1,264,000. Finally, Hsbc Holdings PLC boosted its position in shares of Lamb Weston by 11.4% during the first quarter. Hsbc Holdings PLC now owns 525,541 shares of the specialty retailer’s stock worth $21,762,000 after buying an additional 53,655 shares during the period. 89.56% of the stock is currently owned by institutional investors and hedge funds.

Lamb Weston Stock Performance

LW opened at $54.94 on Friday. Lamb Weston has a 52-week low of $37.62 and a 52-week high of $67.07. The firm has a market capitalization of $7.55 billion, a PE ratio of 26.41, a PEG ratio of 2.44 and a beta of 0.46. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.74 and a current ratio of 1.42. The business’s 50-day simple moving average is $49.76 and its 200 day simple moving average is $45.90.

Lamb Weston (NYSE:LW) last issued its quarterly earnings results on Friday, July 24th. The specialty retailer reported $0.87 EPS for the quarter, beating the consensus estimate of $0.63 by $0.24. The firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.70 billion. Lamb Weston had a return on equity of 23.33% and a net margin of 4.39%.The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 earnings per share. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. As a group, sell-side analysts expect that Lamb Weston will post 3.06 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, September 4th. Investors of record on Friday, August 7th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $1.52 annualized dividend and a dividend yield of 2.8%. Lamb Weston’s dividend payout ratio (DPR) is currently 73.08%.

Analysts Set New Price Targets

Several research firms have commented on LW. Weiss Ratings upgraded Lamb Weston from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 28th. Stephens raised their price target on shares of Lamb Weston from $46.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 28th. Barclays lifted their price objective on shares of Lamb Weston from $50.00 to $56.00 and gave the company an “overweight” rating in a report on Monday, July 27th. Wells Fargo & Company boosted their price objective on shares of Lamb Weston from $54.00 to $57.00 and gave the stock an “overweight” rating in a research report on Monday, July 27th. Finally, Stifel Nicolaus increased their target price on shares of Lamb Weston from $45.00 to $52.00 and gave the stock a “hold” rating in a report on Monday, July 27th. Three equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, Lamb Weston has an average rating of “Hold” and a consensus target price of $53.36.

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.