22,292 Shares in Lamb Weston $LW Acquired by Man Group plc

Key Points

• Man Group plc acquired 22,292 Lamb Weston shares worth approximately $963,000 in the second quarter. Institutional investors collectively own 89.56% of the company.
• Lamb Weston reported quarterly EPS of $0.87, beating estimates of $0.63, while revenue rose 5.6% year over year to $1.77 billion. The company issued fiscal 2027 EPS guidance of $2.95–$3.25.
• The stock opened at $50.47 and analysts maintain a consensus “Hold” rating with an average price target of $53.36; Lamb Weston also declared a quarterly dividend of $0.38, yielding about 3.0% annually.

Man Group plc purchased a new stake in Lamb Weston (NYSE:LW - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 22,292 shares of the specialty retailer's stock, valued at approximately $963,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LW. Bank of Nova Scotia lifted its position in shares of Lamb Weston by 2.0% during the 3rd quarter. Bank of Nova Scotia now owns 9,685 shares of the specialty retailer's stock worth $563,000 after buying an additional 189 shares during the last quarter. MCF Advisors LLC raised its stake in Lamb Weston by 44.2% during the 4th quarter. MCF Advisors LLC now owns 649 shares of the specialty retailer's stock worth $27,000 after acquiring an additional 199 shares in the last quarter. Clearstead Advisors LLC raised its stake in Lamb Weston by 8.0% during the 4th quarter. Clearstead Advisors LLC now owns 3,101 shares of the specialty retailer's stock worth $130,000 after acquiring an additional 229 shares in the last quarter. Fiduciary Trust Co lifted its position in Lamb Weston by 7.5% in the third quarter. Fiduciary Trust Co now owns 4,324 shares of the specialty retailer's stock valued at $251,000 after acquiring an additional 300 shares during the last quarter. Finally, Larson Financial Group LLC lifted its holdings in shares of Lamb Weston by 47.1% in the 3rd quarter. Larson Financial Group LLC now owns 953 shares of the specialty retailer's stock valued at $55,000 after purchasing an additional 305 shares during the last quarter. Institutional investors and hedge funds own 89.56% of the company's stock.

Lamb Weston Stock Down 3.7%

LW stock opened at $50.47 on Friday. The stock has a market capitalization of $6.94 billion, a PE ratio of 24.26, a price-to-earnings-growth ratio of 2.34 and a beta of 0.47. The company has a fifty day moving average of $50.38 and a 200-day moving average of $45.93. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.74 and a current ratio of 1.42. Lamb Weston has a one year low of $37.62 and a one year high of $67.07.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The specialty retailer reported $0.87 earnings per share (EPS) for the quarter, topping 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 net margin of 4.39% and a return on equity of 23.33%. The firm's revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.87 earnings per share. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. As a group, analysts expect that Lamb Weston will post 3.06 EPS for the current year.

Lamb Weston Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 7th will be issued a $0.38 dividend. The ex-dividend date is Friday, August 7th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.0%. Lamb Weston's dividend payout ratio is currently 73.08%.

Wall Street Analyst Weigh In

Several research firms have commented on LW. TD Cowen lifted their price target on Lamb Weston from $40.00 to $52.00 and gave the stock a "hold" rating in a research report on Tuesday, July 28th. JPMorgan Chase & Co. raised their target price on shares of Lamb Weston from $43.00 to $48.00 and gave the stock a "neutral" rating in a research report on Thursday, July 9th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $52.00 price target on shares of Lamb Weston in a research note on Monday, July 27th. Weiss Ratings raised shares of Lamb Weston from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, July 28th. Finally, Stephens raised their price target on Lamb Weston from $46.00 to $55.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $53.36.

Lamb Weston Profile

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.

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