Lamb Weston $LW Stock Position Boosted by Clarkston Capital Partners LLC

Key Points

• Clarkston Capital Partners LLC increased its stake in Lamb Weston by 21.1%, owning a total of 3,721,559 shares, making it the firm's 8th largest holding.
• Lamb Weston reported $0.87 earnings per share for the last quarter, surpassing analysts' expectations of $0.64, with revenue up 4.0% year-over-year.
• The company announced a quarterly dividend of $0.37 per share, yielding 2.7% annually, with a payout ratio of 58.96%.

Clarkston Capital Partners LLC increased its holdings in shares of Lamb Weston (NYSE:LW - Free Report) by 21.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,721,559 shares of the specialty retailer's stock after buying an additional 648,855 shares during the quarter. Lamb Weston comprises approximately 3.9% of Clarkston Capital Partners LLC's portfolio, making the stock its 8th biggest holding. Clarkston Capital Partners LLC owned approximately 2.64% of Lamb Weston worth $198,359,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in LW. Putney Financial Group LLC purchased a new position in shares of Lamb Weston in the 4th quarter worth about $34,000. Wayfinding Financial LLC purchased a new position in shares of Lamb Weston in the 1st quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Lamb Weston in the first quarter valued at about $28,000. Whipplewood Advisors LLC grew its stake in shares of Lamb Weston by 3,466.7% in the first quarter. Whipplewood Advisors LLC now owns 535 shares of the specialty retailer's stock valued at $29,000 after buying an additional 520 shares in the last quarter. Finally, CX Institutional acquired a new stake in shares of Lamb Weston in the first quarter valued at about $48,000. 89.56% of the stock is currently owned by hedge funds and other institutional investors.

Lamb Weston Price Performance

Shares of NYSE LW opened at $55.0840 on Thursday. Lamb Weston has a fifty-two week low of $47.87 and a fifty-two week high of $83.98. The business has a 50 day moving average price of $53.56 and a two-hundred day moving average price of $53.74. The company has a quick ratio of 0.68, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. The firm has a market cap of $7.68 billion, a PE ratio of 21.95, a price-to-earnings-growth ratio of 2.18 and a beta of 0.49.

Lamb Weston (NYSE:LW - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The specialty retailer reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.23. Lamb Weston had a return on equity of 27.99% and a net margin of 5.54%.The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the firm earned $0.78 EPS. Lamb Weston's quarterly revenue was up 4.0% on a year-over-year basis. Lamb Weston has set its FY 2026 guidance at EPS. Sell-side analysts expect that Lamb Weston will post 3.1 earnings per share for the current fiscal year.

Lamb Weston Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 1st will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, August 1st. Lamb Weston's dividend payout ratio (DPR) is currently 58.96%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on LW. Stifel Nicolaus set a $56.00 target price on Lamb Weston and gave the company a "hold" rating in a research note on Thursday, April 24th. Bank of America lowered their target price on Lamb Weston from $60.00 to $56.00 and set a "neutral" rating for the company in a research note on Wednesday, June 18th. Barclays increased their target price on 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 note on Thursday, May 8th. Finally, JPMorgan Chase & Co. began coverage on Lamb Weston in a research note on Wednesday. They issued a "neutral" rating and a $57.00 target price for the company. Three research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $65.30.

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.

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