Danske Bank A S Cuts Stock Position in Lamar Advertising Company $LAMR

Key Points

• Danske Bank A S cut its stake in Lamar Advertising by 92.2% in Q4, selling 10,683 shares and leaving it with 900 shares worth about $114,000.
• Several large institutions significantly increased positions—most notably M&T Bank added 1,138,603 shares to hold 1,147,876 shares (~$145.3M)—and institutional investors now own 93.78% of the stock.
• Lamar missed Q4 EPS estimates ($1.50 vs. $2.18) while revenue was roughly in line, raised its quarterly dividend to $1.60 (annualized $6.40, ~4.5% yield) with a high payout ratio (~110.9%), and set FY2026 guidance of 5.720–5.830 EPS versus analysts' ~8.23 estimate for the current fiscal year.

Danske Bank A S lessened its position in shares of Lamar Advertising Company (NASDAQ:LAMR - Free Report) by 92.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 900 shares of the real estate investment trust's stock after selling 10,683 shares during the quarter. Danske Bank A S's holdings in Lamar Advertising were worth $114,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. M&T Bank Corp boosted its position in shares of Lamar Advertising by 12,278.7% in the 4th quarter. M&T Bank Corp now owns 1,147,876 shares of the real estate investment trust's stock worth $145,298,000 after purchasing an additional 1,138,603 shares in the last quarter. AQR Capital Management LLC increased its position in 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 buying an additional 816,217 shares in the last quarter. Egerton Capital UK LLP acquired a new position in Lamar Advertising during the 3rd quarter valued at about $88,615,000. Invesco Ltd. raised its stake in Lamar Advertising by 97.8% in the third quarter. Invesco Ltd. now owns 991,990 shares of the real estate investment trust's stock valued at $121,439,000 after buying an additional 490,463 shares during the last quarter. Finally, Northern Trust Corp grew its stake in shares of Lamar Advertising by 23.9% during the third quarter. Northern Trust Corp now owns 1,629,554 shares of the real estate investment trust's stock worth $199,490,000 after acquiring an additional 314,235 shares during the last quarter. 93.78% of the stock is currently owned by institutional investors and hedge funds.

Lamar Advertising Trading Up 1.9%

Shares of Lamar Advertising stock opened at $141.15 on Thursday. The firm has a 50-day simple moving average of $132.88 and a two-hundred day simple moving average of $129.65. The company has a market cap of $14.30 billion, a P/E ratio of 24.46 and a beta of 1.18. Lamar Advertising Company has a fifty-two week low of $112.00 and a fifty-two week high of $142.39. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.58 and a current 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 EPS for the quarter, missing analysts' consensus estimates of $2.18 by ($0.68). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The business had revenue of $595.93 million for the quarter, compared to analyst estimates of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, equities analysts predict that Lamar Advertising Company will post 8.23 earnings per share for the current fiscal year.

Lamar Advertising Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were given a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.5%. This is a boost from Lamar Advertising's previous quarterly dividend of $1.55. The ex-dividend date was Monday, March 16th. Lamar Advertising's dividend payout ratio (DPR) is presently 110.92%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on LAMR. Wells Fargo & Company lifted 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 note on Tuesday, February 24th. TD Cowen reiterated a "buy" rating on shares of Lamar Advertising in a research note 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. Finally, UBS Group set a $150.00 target price on Lamar Advertising in a research note on Monday, February 23rd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Lamar Advertising has a consensus rating of "Moderate Buy" and a consensus target price of $139.80.

Insider Activity at Lamar Advertising

In other news, EVP Ross Lamar Reilly sold 5,969 shares of the company's stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $128.65, for a total transaction of $767,911.85. Following the completion of the transaction, the executive vice president directly owned 15,850 shares of the company's stock, valued at $2,039,102.50. This represents a 27.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 15.24% of the stock is owned by company insiders.

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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