Gamco Investors INC. ET AL Buys 17,700 Shares of Lands' End, Inc. $LE

Key Points

• Gamco Investors INC. increased its holdings in Lands' End, Inc. by 5.9%, owning approximately 1.03% of the company after acquiring an additional 17,700 shares, amounting to a value of $3,234,000.
• Shares of Lands' End opened at $14.56 on Friday, with a market cap of $443.64 million and a price-to-earnings ratio of 112.01.
• Lands' End reported a quarterly earnings per share (EPS) of ($0.18), exceeding analysts' expectations, but had revenue of $261.21 million, below anticipated figures.

Gamco Investors INC. ET AL increased its holdings in shares of Lands' End, Inc. (NASDAQ:LE - Free Report) by 5.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 317,700 shares of the company's stock after buying an additional 17,700 shares during the quarter. Gamco Investors INC. ET AL owned 1.03% of Lands' End worth $3,234,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Harbor Capital Advisors Inc. bought a new stake in Lands' End in the 1st quarter valued at about $27,000. Quarry LP bought a new stake in Lands' End during the fourth quarter worth about $41,000. SVB Wealth LLC acquired a new stake in Lands' End during the first quarter worth about $51,000. Wells Fargo & Company MN increased its holdings in Lands' End by 18.4% in the 4th quarter. Wells Fargo & Company MN now owns 10,033 shares of the company's stock valued at $132,000 after buying an additional 1,559 shares during the period. Finally, PharVision Advisers LLC bought a new position in Lands' End in the 4th quarter valued at about $152,000. 37.46% of the stock is currently owned by institutional investors and hedge funds.

Lands' End Stock Down 2.5%

NASDAQ:LE traded down $0.36 during mid-day trading on Tuesday, hitting $14.00. 154,688 shares of the company's stock were exchanged, compared to its average volume of 275,006. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.86 and a quick ratio of 0.52. The company has a market cap of $426.58 million, a PE ratio of 107.66 and a beta of 2.34. The business has a fifty day moving average price of $12.38 and a 200 day moving average price of $10.62. Lands' End, Inc. has a one year low of $7.65 and a one year high of $19.88.

Lands' End (NASDAQ:LE - Get Free Report) last posted its quarterly earnings results on Thursday, June 5th. The company reported ($0.18) EPS for the quarter, beating analysts' consensus estimates of ($0.19) by $0.01. Lands' End had a net margin of 0.33% and a return on equity of 5.80%. The firm had revenue of $261.21 million for the quarter, compared to analysts' expectations of $272.60 million. Lands' End has set its FY 2025 guidance at 0.480-0.860 EPS. Equities analysts predict that Lands' End, Inc. will post 0.41 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut Lands' End from a "buy" rating to a "hold" rating in a research report on Friday, June 6th.

Lands' End Company Profile

Lands' End, Inc operates as a digital retailer of apparel, swimwear, outerwear, accessories, footwear, home products, and uniform in the United States, Europe, Asia, and internationally. It operates through U.S. eCommerce, International, Outfitters, Third Party, and Retail segments. The company also sells uniform and logo apparel.