Expect Equity LLC Makes New Investment in Lamb Weston $LW

Key Points

• Expect Equity LLC purchased 42,940 Lamb Weston shares in the second quarter, valued at approximately $1.85 million. Institutional investors collectively own 89.56% of the company.
• Lamb Weston reported quarterly EPS of $0.87, beating estimates of $0.63, while revenue rose 5.6% year over year to $1.77 billion. The company issued fiscal 2027 EPS guidance of $2.95–$3.25.
• The company declared a quarterly dividend of $0.38 per share, equivalent to a 2.8% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $53.36, below the stock’s reported $55.20 price.

Expect Equity LLC bought a new stake in Lamb Weston (NYSE:LW - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 42,940 shares of the specialty retailer's stock, valued at approximately $1,854,000.

Several other large investors also recently modified their holdings of the stock. Jones Financial Companies Lllp purchased a new position in Lamb Weston in the second quarter valued at approximately $25,000. MCF Advisors LLC raised its stake in shares of Lamb Weston by 44.2% in the fourth quarter. MCF Advisors LLC now owns 649 shares of the specialty retailer's stock valued at $27,000 after buying an additional 199 shares during the period. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Lamb Weston in the second quarter valued at $29,000. Hantz Financial Services Inc. lifted its position in shares of Lamb Weston by 380.7% during the 4th quarter. Hantz Financial Services Inc. now owns 721 shares of the specialty retailer's stock valued at $30,000 after buying an additional 571 shares during the last quarter. Finally, Bell Investment Advisors Inc purchased a new position in shares of Lamb Weston during the 2nd quarter valued at $36,000. Hedge funds and other institutional investors own 89.56% of the company's stock.

Lamb Weston Price Performance

Shares of NYSE LW opened at $55.20 on Wednesday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.74 and a current ratio of 1.42. Lamb Weston has a fifty-two week low of $37.62 and a fifty-two week high of $67.07. The stock has a market cap of $7.59 billion, a PE ratio of 26.54, a price-to-earnings-growth ratio of 2.44 and a beta of 0.46. The stock has a fifty day moving average of $49.14 and a 200-day moving average of $45.75.

Lamb Weston (NYSE:LW - Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The specialty retailer reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.24. The business had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $1.70 billion. Lamb Weston had a return on equity of 23.33% and a net margin of 4.39%.The firm's quarterly revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 EPS. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. Equities research analysts anticipate that Lamb Weston will post 3.06 earnings per share for the current year.

Lamb Weston Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 7th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, August 7th. Lamb Weston's dividend payout ratio (DPR) is 73.08%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Weiss Ratings raised Lamb Weston from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, July 28th. Stephens upped their price objective on shares of Lamb Weston from $46.00 to $55.00 and gave the company an "equal weight" rating in a report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $52.00 target price on shares of Lamb Weston in a research report on Monday, July 27th. Stifel Nicolaus lifted their target price on shares of Lamb Weston from $45.00 to $52.00 and gave the stock a "hold" rating in a research note on Monday, July 27th. Finally, TD Cowen boosted their price target on shares of Lamb Weston from $40.00 to $52.00 and gave the company a "hold" rating in a research report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $53.36.

About Lamb Weston

Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company's portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.

Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world's largest producers of frozen potato products.

Want to see what other hedge funds are holding LW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lamb Weston (NYSE:LW - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source