5,955 Shares in Lamb Weston $LW Purchased by MBB Public Markets I LLC

Key Points

• MBB Public Markets I LLC has acquired a new stake in Lamb Weston, purchasing 5,955 shares valued at approximately $317,000 during the first quarter.
• Lamb Weston reported a quarterly earnings per share of $0.87, exceeding the consensus estimate by $0.23, with a revenue of $1.68 billion that was up 4.0% compared to the previous year.
• The company has announced a quarterly dividend of $0.37 per share, resulting in an annualized dividend of $1.48 and a yield of 2.6% based on its recent stock price.

MBB Public Markets I LLC bought a new stake in Lamb Weston (NYSE:LW - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,955 shares of the specialty retailer's stock, valued at approximately $317,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wayfinding Financial LLC acquired a new stake in Lamb Weston in the first quarter valued at $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Lamb Weston in the first quarter valued at $28,000. Whipplewood Advisors LLC lifted its holdings in 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 acquiring an additional 520 shares during the period. Putney Financial Group LLC acquired a new stake in Lamb Weston in the fourth quarter valued at $34,000. Finally, CX Institutional acquired a new stake in Lamb Weston in the first quarter valued at $48,000. Institutional investors and hedge funds own 89.56% of the company's stock.

Wall Street Analyst Weigh In

LW has been the subject of a number of recent analyst reports. Wells Fargo & Company raised their target price on Lamb Weston from $65.00 to $66.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. JPMorgan Chase & Co. initiated coverage on Lamb Weston in a research note on Wednesday, August 20th. They set a "neutral" rating and a $57.00 price target for the company. Barclays lifted their price target on Lamb Weston from $61.00 to $68.00 and gave the stock an "overweight" rating in a research note on Friday, July 25th. Finally, Bank of America cut their price target 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. Three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $65.30.

Lamb Weston Price Performance

Shares of NYSE:LW traded down $0.61 during midday trading on Friday, hitting $56.51. 1,009,521 shares of the stock were exchanged, compared to its average volume of 1,191,601. The stock has a market cap of $7.87 billion, a P/E ratio of 22.51, a PEG ratio of 2.35 and a beta of 0.49. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 2.12. Lamb Weston has a twelve month low of $47.87 and a twelve month high of $83.98. The company has a 50 day moving average price of $54.61 and a 200-day moving average price of $53.65.

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

Lamb Weston Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 1st were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Friday, August 1st. Lamb Weston's dividend payout ratio (DPR) is currently 58.96%.

Lamb Weston Profile

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.