Assetmark Inc. Has $15.40 Million Stock Holdings in Lamar Advertising Company $LAMR

Key Points

• Assetmark Inc. increased its stake in Lamar by 18.9% to 121,623 shares valued at $15.4 million, and institutional investors now own 93.78% of LAMR.
• Lamar missed Q4 EPS ($1.50 vs. $2.18 estimate) but set FY2026 guidance of 5.720–5.830 EPS and raised its quarterly dividend to $1.60 (annualized $6.40, a 4.7% yield) despite a high payout ratio of 110.92%.
• Insider sale: EVP Ross Lamar Reilly sold 5,969 shares at about $128.65 (a 27.36% reduction in his holdings); insiders collectively own 15.24% of the stock.

Assetmark Inc. grew its stake in Lamar Advertising Company (NASDAQ:LAMR - Free Report) by 18.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 121,623 shares of the real estate investment trust's stock after buying an additional 19,353 shares during the period. Assetmark Inc. owned 0.12% of Lamar Advertising worth $15,395,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in LAMR. Nisa Investment Advisors LLC boosted its position in shares of Lamar Advertising by 31.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 45,951 shares of the real estate investment trust's stock worth $5,625,000 after purchasing an additional 10,982 shares in the last quarter. Gateway Investment Advisers LLC increased its position in Lamar Advertising by 89.4% during the 3rd quarter. Gateway Investment Advisers LLC now owns 74,254 shares of the real estate investment trust's stock valued at $9,090,000 after buying an additional 35,048 shares in the last quarter. SG Americas Securities LLC raised its stake in Lamar Advertising by 323.6% during the fourth quarter. SG Americas Securities LLC now owns 75,297 shares of the real estate investment trust's stock valued at $9,531,000 after buying an additional 57,520 shares during the last quarter. Berkshire Hathaway Inc boosted its holdings in Lamar Advertising by 2.8% in the third quarter. Berkshire Hathaway Inc now owns 1,202,110 shares of the real estate investment trust's stock worth $147,162,000 after acquiring an additional 32,603 shares in the last quarter. Finally, Markel Group Inc. boosted its holdings in Lamar Advertising by 7.6% in the third quarter. Markel Group Inc. now owns 170,000 shares of the real estate investment trust's stock worth $20,811,000 after acquiring an additional 12,000 shares in the last quarter. Institutional investors and hedge funds own 93.78% of the company's stock.

Insider Activity at Lamar Advertising

In other Lamar Advertising news, EVP Ross Lamar Reilly sold 5,969 shares of the firm's stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $128.65, for a total value of $767,911.85. Following the transaction, the executive vice president directly owned 15,850 shares of the company's stock, valued at approximately $2,039,102.50. This trade represents a 27.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 15.24% of the stock is owned by insiders.

Lamar Advertising Trading Up 0.6%

Lamar Advertising stock opened at $135.15 on Friday. Lamar Advertising Company has a one year low of $105.78 and a one year high of $139.76. The business's fifty day moving average is $132.17 and its 200 day moving average is $128.27. The stock has a market capitalization of $13.69 billion, a PE ratio of 23.42 and a beta of 1.20. 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 posted its earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($0.68). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The company had revenue of $595.93 million for the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. On average, sell-side analysts predict that Lamar Advertising Company will post 7.92 EPS for the current year.

Lamar Advertising Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a $1.60 dividend. The ex-dividend date of this dividend was Monday, March 16th. This is an increase from Lamar Advertising's previous quarterly dividend of $1.55. This represents a $6.40 annualized dividend and a dividend yield of 4.7%. Lamar Advertising's dividend payout ratio is presently 110.92%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Wells Fargo & Company raised their price target on Lamar Advertising from $121.00 to $136.00 and gave the company an "equal weight" rating in a report on Tuesday, February 24th. Weiss Ratings upgraded shares of Lamar Advertising from a "hold (c+)" rating to a "buy (b)" rating in a research note on Monday, February 23rd. UBS Group set a $150.00 price objective on shares of Lamar Advertising in a research report on Monday, February 23rd. Finally, TD Cowen restated a "buy" rating on shares of Lamar Advertising in a research note on Monday, February 23rd. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $139.80.

About Lamar Advertising

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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