Rep. Gilbert Ray Cisneros, Jr. Sells Lamar Advertising Company (NASDAQ:LAMR) Stock

Key Points

• Rep. Gilbert Cisneros sold $15,001–$50,000 of Lamar Advertising (LAMR) on August 24, following another sale in the same range on August 25. He also recently bought shares of Quanta Services, Eaton, Wheaton Precious Metals, Walmart and Goldman Sachs, while selling DoorDash, Nike and Phreesia.
• Lamar reported quarterly EPS of $1.58, matching estimates, while revenue of $616.75 million exceeded expectations. The company raised its quarterly dividend to $1.65, equivalent to a 4.4% annualized yield.
• LAMR shares recently traded near $149, with analysts assigning an overall “Hold” rating and an average price target of $160.17. Institutional investors own 93.78% of the company, including significantly increased positions from several major firms.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Lamar Advertising Company (NASDAQ:LAMR). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lamar Advertising stock on August 24th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 8/28/2026.
• Purchased $15,001 - $50,000 in shares of Quanta Services NYSE: PWR on 8/27/2026.
• Purchased $15,001 - $50,000 in shares of Eaton NYSE: ETN on 8/27/2026.
• Sold $15,001 - $50,000 in shares of NIKE NYSE: NKE on 8/27/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Wheaton Precious Metals NYSE: WPM on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Walmart NASDAQ: WMT on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 8/26/2026.
• Sold $15,001 - $50,000 in shares of Lamar Advertising NASDAQ: LAMR on 8/25/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/25/2026.

Lamar Advertising Trading Up 0.9%

NASDAQ:LAMR opened at $149.08 on Friday. The company has a market capitalization of $15.14 billion, a PE ratio of 27.20 and a beta of 1.17. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.29. Lamar Advertising Company has a 52-week low of $114.45 and a 52-week high of $166.33. The stock has a fifty day simple moving average of $155.74 and a 200-day simple moving average of $146.48.

Lamar Advertising (NASDAQ:LAMR - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $1.58 EPS for the quarter, hitting the consensus estimate of $1.58. Lamar Advertising had a net margin of 23.90% and a return on equity of 54.94%. The business had revenue of $616.75 million for the quarter, compared to analyst estimates of $606.61 million. Lamar Advertising has set its FY 2026 guidance at 5.950-5.990 EPS. On average, equities research analysts expect that Lamar Advertising Company will post 8.43 earnings per share for the current fiscal year.

Lamar Advertising Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be given a $1.65 dividend. This is an increase from Lamar Advertising's previous quarterly dividend of $1.60. This represents a $6.60 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Monday, September 21st. Lamar Advertising's dividend payout ratio (DPR) is 116.79%.

Institutional Trading of Lamar Advertising

Institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System lifted its stake in Lamar Advertising by 16,163.1% in the second quarter. California State Teachers Retirement System now owns 15,762,403 shares of the real estate investment trust's stock valued at $2,458,620,000 after buying an additional 15,665,482 shares during the last quarter. Norges Bank acquired a new position in Lamar Advertising in the 4th quarter valued at about $104,705,000. AQR Capital Management LLC increased its stake in shares of Lamar Advertising by 123.8% during the 2nd 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 acquiring an additional 816,217 shares during the last quarter. Invesco Ltd. grew its stake in Lamar Advertising by 97.8% during the third quarter. Invesco Ltd. now owns 991,990 shares of the real estate investment trust's stock worth $121,439,000 after buying an additional 490,463 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Lamar Advertising by 23.9% during the 3rd quarter. Northern Trust Corp now owns 1,629,554 shares of the real estate investment trust's stock valued at $199,490,000 after buying an additional 314,235 shares during the period. 93.78% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Citigroup lowered shares of Lamar Advertising from a "buy" rating to a "neutral" rating and boosted their price objective for the company from $145.00 to $160.00 in a research report on Friday, July 10th. Weiss Ratings reiterated a "buy (b)" rating on shares of Lamar Advertising in a report on Wednesday, August 19th. Wells Fargo & Company raised their price objective on Lamar Advertising from $150.00 to $151.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 12th. Morgan Stanley set a $170.00 price objective on Lamar Advertising in a research report on Friday, August 7th. Finally, JPMorgan Chase & Co. upped their target price on Lamar Advertising from $153.00 to $160.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Lamar Advertising presently has an average rating of "Hold" and an average target price of $160.17.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Lamar Advertising

Lamar Advertising Company is an outdoor advertising company that provides businesses and organizations with advertising displays across the United States. Its offerings include traditional and digital billboards, as well as advertising displays on buses, benches, shelters and other transit-related assets.

The company also provides advertising opportunities at airports and other specialty locations. Its digital display network enables advertisers to deliver changing messages and campaigns, while its traditional billboard inventory supports longer-term brand awareness and local advertising initiatives.

Founded in 1902, Lamar Advertising has grown from a regional sign and billboard business into one of North America's major out-of-home advertising providers.

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