Eisler Capital Management Ltd. Purchases New Shares in Lamb Weston $LW

Key Points

• Eisler Capital Management Ltd. acquired 5,793 shares of Lamb Weston, totaling about $308,000, marking the firm's entry into investment in the specialty retailer during the 1st quarter.
• Lamb Weston reported a Q1 EPS of $0.87, exceeding analysts' expectations of $0.64, with quarterly revenue increasing by 4.0% year-over-year to $1.68 billion.
• The company declared a quarterly dividend of $0.37 per share, set to be paid on August 29th, representing an annualized yield of 2.6%.

Eisler Capital Management Ltd. acquired a new stake in Lamb Weston (NYSE:LW - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,793 shares of the specialty retailer's stock, valued at approximately $308,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Kovitz Investment Group Partners LLC bought a new position in shares of Lamb Weston during the 4th quarter worth $213,000. Coldstream Capital Management Inc. lifted its holdings in Lamb Weston by 19.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 4,356 shares of the specialty retailer's stock valued at $291,000 after purchasing an additional 707 shares during the last quarter. Northern Trust Corp boosted its position in Lamb Weston by 9.2% during the fourth quarter. Northern Trust Corp now owns 1,425,510 shares of the specialty retailer's stock worth $95,267,000 after purchasing an additional 120,279 shares during the period. Freestone Grove Partners LP purchased a new position in shares of Lamb Weston in the fourth quarter worth about $42,752,000. Finally, Appian Way Asset Management LP bought a new stake in shares of Lamb Weston in the fourth quarter valued at approximately $4,499,000. 89.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on LW shares. Barclays lifted their price objective on shares of Lamb Weston from $61.00 to $68.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Wall Street Zen upgraded Lamb Weston from a "sell" rating to a "hold" rating in a research report on Thursday, May 8th. Bank of America dropped their price objective on Lamb Weston from $60.00 to $56.00 and set a "neutral" rating on the stock in a report on Wednesday, June 18th. JPMorgan Chase & Co. initiated coverage on Lamb Weston in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $57.00 target price for the company. Finally, Wells Fargo & Company upped their price target on Lamb Weston from $65.00 to $66.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Three research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $65.30.

Lamb Weston Price Performance

NYSE LW traded up $1.29 during trading on Monday, reaching $57.54. The company's stock had a trading volume of 1,115,350 shares, compared to its average volume of 1,392,284. The firm has a fifty day moving average of $53.85 and a 200 day moving average of $53.56. Lamb Weston has a one year low of $47.87 and a one year high of $83.98. The stock has a market capitalization of $8.02 billion, a PE ratio of 22.92, a P/E/G ratio of 2.37 and a beta of 0.49. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 0.68.

Lamb Weston (NYSE:LW - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.23. Lamb Weston had a net margin of 5.54% and a return on equity of 27.99%. The business had revenue of $1.68 billion during the quarter, compared to analysts' expectations of $1.59 billion. During the same quarter in the previous year, the company earned $0.78 EPS. The business's quarterly revenue was up 4.0% compared to the same quarter last year. Lamb Weston has set its FY 2026 guidance at EPS. Analysts expect that Lamb Weston will post 3.1 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 1st were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, August 1st. This represents a $1.48 annualized dividend and a yield of 2.6%. Lamb Weston's dividend payout ratio is presently 58.96%.

About Lamb Weston

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.