Advisory Research Inc. Raises Holdings in Lamar Advertising Company $LAMR

Key Points

• Advisory Research Inc. increased its stake in Lamar Advertising by 14.7% to 59,135 shares (worth $7.24M), and institutional investors now hold about 93.78% of the stock.
• Lamar missed quarterly EPS at $1.50 vs. $2.18 expected while revenue slightly beat estimates; the company set FY2026 guidance of 5.720–5.830 EPS and analysts have a consensus of "Moderate Buy" with an average target of $139.80.
• Lamar raised its quarterly dividend to $1.60 ($6.40 annual, ~4.8% yield), though the dividend payout ratio is elevated at 107.45%.

Advisory Research Inc. grew its stake in shares of Lamar Advertising Company (NASDAQ:LAMR - Free Report) by 14.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,135 shares of the real estate investment trust's stock after buying an additional 7,585 shares during the period. Advisory Research Inc. owned 0.06% of Lamar Advertising worth $7,239,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Quent Capital LLC acquired a new stake in shares of Lamar Advertising during the third quarter worth $26,000. Alpine Bank Wealth Management purchased a new stake in shares of Lamar Advertising in the third quarter valued at $27,000. Loomis Sayles & Co. L P acquired a new position in Lamar Advertising in the second quarter valued at $34,000. Caldwell Trust Co purchased a new position in Lamar Advertising during the second quarter worth about $49,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Lamar Advertising in the third quarter worth approximately $51,000. 93.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Morgan Stanley set a $140.00 price target on shares of Lamar Advertising in a report on Tuesday, December 16th. TD Cowen reiterated a "buy" rating on shares of Lamar Advertising in a report on Monday, February 23rd. Weiss Ratings raised Lamar Advertising from a "hold (c+)" rating to a "buy (b)" rating in a research report on Monday, February 23rd. Wells Fargo & Company increased their target price on shares of Lamar Advertising from $121.00 to $136.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 24th. Finally, UBS Group set a $150.00 price target on shares of Lamar Advertising in a research report on Monday, February 23rd. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $139.80.

Lamar Advertising Price Performance

Shares of LAMR stock opened at $133.93 on Friday. The firm has a fifty day moving average of $131.81 and a two-hundred day moving average of $127.64. The firm has a market cap of $13.57 billion, a P/E ratio of 23.21 and a beta of 1.21. Lamar Advertising Company has a 1-year low of $99.84 and a 1-year high of $139.76. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.58 and a quick ratio of 0.58.

Lamar Advertising (NASDAQ:LAMR - Get Free Report) last issued its earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.18 by ($0.68). The company had revenue of $595.93 million during the quarter, compared to analyst estimates of $592.70 million. Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, 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 declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a $1.60 dividend. This is a positive change from Lamar Advertising's previous quarterly dividend of $1.55. The ex-dividend date is Monday, March 16th. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.8%. Lamar Advertising's dividend payout ratio (DPR) is presently 107.45%.

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.

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