First Nebraska Trust Co Purchases New Shares in Lamb Weston $LW

Key Points

• First Nebraska Trust Co. acquired 123,873 Lamb Weston shares worth approximately $5.35 million, representing 0.09% of the company. Institutional investors collectively own 89.56% of Lamb Weston.
• Lamb Weston reported quarterly EPS of $0.87, exceeding the $0.63 analyst consensus, while revenue rose 5.6% year over year to $1.77 billion. The company provided fiscal 2027 EPS guidance of $2.95–$3.25.
• The company declared a quarterly dividend of $0.38 per share, equivalent to an annualized $1.52 payout and a 2.8% yield. Analysts maintain a consensus “Hold” rating with an average price target of $53.36.

First Nebraska Trust Co purchased a new position in Lamb Weston (NYSE:LW - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 123,873 shares of the specialty retailer's stock, valued at approximately $5,349,000. First Nebraska Trust Co owned 0.09% of Lamb Weston as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Arnhold LLC lifted its position in Lamb Weston by 710.2% during the 4th quarter. Arnhold LLC now owns 38,217 shares of the specialty retailer's stock valued at $1,601,000 after acquiring an additional 33,500 shares during the period. Dana Investment Advisors Inc. boosted its stake in Lamb Weston by 44.8% during the fourth quarter. Dana Investment Advisors Inc. now owns 89,991 shares of the specialty retailer's stock worth $3,770,000 after acquiring an additional 27,835 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Lamb Weston by 349.1% in the first quarter. Principal Financial Group Inc. now owns 690,493 shares of the specialty retailer's stock worth $29,180,000 after purchasing an additional 536,745 shares during the period. Texas Yale Capital Corp. purchased a new stake in Lamb Weston in the fourth quarter worth about $1,264,000. Finally, Hsbc Holdings PLC increased its stake in shares of Lamb Weston by 11.4% during the first quarter. Hsbc Holdings PLC now owns 525,541 shares of the specialty retailer's stock valued at $21,762,000 after purchasing an additional 53,655 shares in the last quarter. Institutional investors own 89.56% of the company's stock.

Lamb Weston Stock Up 0.2%

Shares of Lamb Weston stock opened at $53.58 on Friday. The company has a 50-day simple moving average of $48.75 and a two-hundred day simple moving average of $45.63. The stock has a market capitalization of $7.37 billion, a PE ratio of 25.76, a price-to-earnings-growth ratio of 2.39 and a beta of 0.46. Lamb Weston has a 52-week low of $37.62 and a 52-week high of $67.07. 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 (NYSE:LW - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The specialty retailer reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.63 by $0.24. The firm had revenue of $1.77 billion for the quarter, compared to analysts' expectations of $1.70 billion. Lamb Weston had a net margin of 4.39% and a return on equity of 23.33%. The business's revenue for the quarter was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.87 earnings per share. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. On average, analysts anticipate that Lamb Weston will post 3.06 EPS for the current fiscal year.

Lamb Weston Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 7th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, August 7th. Lamb Weston's dividend payout ratio (DPR) is currently 73.08%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LW shares. Wall Street Zen raised Lamb Weston from a "hold" rating to a "buy" rating in a research report on Saturday, August 1st. Barclays raised their price objective on Lamb Weston from $50.00 to $56.00 and gave the company an "overweight" rating in a research report on Monday, July 27th. Stifel Nicolaus lifted their price objective on Lamb Weston from $45.00 to $52.00 and gave the company a "hold" rating in a research note on Monday, July 27th. Stephens boosted their target price on Lamb Weston from $46.00 to $55.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 28th. Finally, TD Cowen boosted their target price on Lamb Weston from $40.00 to $52.00 and gave the stock a "hold" rating in a report on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $53.36.

Lamb Weston Profile

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.

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