Ancora Advisors LLC Invests $1.22 Million in Lands' End, Inc. $LE

Key Points

• Ancora Advisors acquired 116,280 Lands’ End shares worth approximately $1.22 million, giving it a 0.38% stake. Institutional investors collectively own 37.46% of the company.
• Analyst sentiment is moderately positive: Lands’ End has a consensus “Moderate Buy” rating and a $20 average price target, despite one analyst downgrade to “Hold.”
• Lands’ End reported a quarterly loss of $0.11 per share, beating estimates of a $0.21 loss, but revenue of $238.92 million fell short of the $268.68 million consensus forecast.

Ancora Advisors LLC acquired a new position in Lands' End, Inc. (NASDAQ:LE - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 116,280 shares of the company's stock, valued at approximately $1,219,000. Ancora Advisors LLC owned about 0.38% of Lands' End at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LE. Dimensional Fund Advisors LP grew its position in shares of Lands' End by 0.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,296,284 shares of the company's stock valued at $18,278,000 after acquiring an additional 6,666 shares during the period. BlackRock Inc. bought a new position in Lands' End in the 2nd quarter worth $9,237,000. Weiss Asset Management LP purchased a new position in Lands' End during the first quarter valued at $8,990,000. Vanguard Group Inc. lifted its position in Lands' End by 2.2% during the third quarter. Vanguard Group Inc. now owns 684,340 shares of the company's stock valued at $9,649,000 after purchasing an additional 14,520 shares in the last quarter. Finally, Towerview LLC grew its holdings in Lands' End by 37.5% during the first quarter. Towerview LLC now owns 592,701 shares of the company's stock valued at $6,662,000 after purchasing an additional 161,701 shares during the period. 37.46% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

LE has been the subject of a number of analyst reports. Wall Street Zen cut Lands' End from a "buy" rating to a "hold" rating in a research report on Saturday, June 13th. Weiss Ratings raised Lands' End from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, June 11th. Finally, Noble Financial initiated coverage on Lands' End in a research note on Thursday, June 18th. They set an "outperform" rating and a $20.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $20.00.

Lands' End Trading Down 2.4%

LE stock opened at $11.89 on Friday. Lands' End, Inc. has a 1-year low of $9.56 and a 1-year high of $20.04. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.58 and a quick ratio of 0.37. The company has a market capitalization of $365.50 million, a price-to-earnings ratio of 1.08 and a beta of 2.31. The business has a 50 day simple moving average of $11.95 and a two-hundred day simple moving average of $12.75.

Lands' End (NASDAQ:LE - Get Free Report) last released its quarterly earnings data on Tuesday, June 9th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.10. Lands' End had a net margin of 26.24% and a return on equity of 8.22%. The firm had revenue of $238.92 million for the quarter, compared to analysts' expectations of $268.68 million. During the same quarter last year, the business posted ($0.27) earnings per share. Lands' End has set its FY 2026 guidance at 0.320-0.650 EPS and its Q2 2026 guidance at 0.060-0.160 EPS. Research analysts anticipate that Lands' End, Inc. will post 0.49 EPS for the current fiscal year.

Lands' End Profile

Lands' End, Inc NASDAQ: LE is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands' End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.

Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands' End rapidly expanded its product offering beyond marine gear.

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