Ruffer LLP Buys Shares of 239,820 Lamar Advertising Company $LAMR

Key Points

• Ruffer LLP bought a new stake of 239,820 shares of Lamar Advertising (≈$30.4M) in Q4, making LAMR about 1.4% of Ruffer's portfolio and its 25th largest holding.
• Lamar reported Q4 EPS of $1.50, missing estimates of $2.18, set FY2026 guidance of 5.720–5.830 EPS, while analysts expect 8.23 EPS for the current year.
• The company raised its quarterly dividend to $1.60 (annualized $6.40) for a yield of 4.8%, with a reported dividend payout ratio of 110.92%.

Ruffer LLP bought a new stake in Lamar Advertising Company (NASDAQ:LAMR - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 239,820 shares of the real estate investment trust's stock, valued at approximately $30,402,000. Lamar Advertising comprises approximately 1.4% of Ruffer LLP's investment portfolio, making the stock its 25th largest holding. Ruffer LLP owned about 0.24% of Lamar Advertising at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Quent Capital LLC purchased a new position in shares of Lamar Advertising during the 3rd quarter worth approximately $26,000. Alpine Bank Wealth Management purchased a new position in shares of Lamar Advertising during the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC increased its stake in shares of Lamar Advertising by 151.0% during the 4th quarter. Sound Income Strategies LLC now owns 251 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 151 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Lamar Advertising during the 3rd quarter worth approximately $33,000. Finally, Beacon Financial Strategies CORP purchased a new position in shares of Lamar Advertising during the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 93.78% of the company's stock.

Lamar Advertising Price Performance

NASDAQ:LAMR opened at $134.00 on Wednesday. The firm has a market cap of $13.58 billion, a price-to-earnings ratio of 23.22 and a beta of 1.20. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 3.10. The company's 50-day moving average is $132.23 and its two-hundred day moving average is $128.62. Lamar Advertising Company has a 12-month low of $109.01 and a 12-month high of $139.76.

Lamar Advertising (NASDAQ:LAMR - Get Free Report) last released its earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.18 by ($0.68). The firm had revenue of $595.93 million during the quarter, compared to analysts' expectations of $592.70 million. Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. Research analysts expect that Lamar Advertising Company will post 8.23 EPS for the current year.

Lamar Advertising Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a $1.60 dividend. This is a positive change from Lamar Advertising's previous quarterly dividend of $1.55. The ex-dividend date was Monday, March 16th. This represents a $6.40 annualized dividend and a yield of 4.8%. Lamar Advertising's dividend payout ratio (DPR) is presently 110.92%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on LAMR. TD Cowen reissued a "buy" rating on shares of Lamar Advertising in a research note on Monday, February 23rd. UBS Group set a $150.00 price objective on Lamar Advertising in a research note on Monday, February 23rd. Wells Fargo & Company upped their target price on shares of Lamar Advertising from $121.00 to $136.00 and gave the company an "equal weight" rating in a report on Tuesday, February 24th. Finally, Weiss Ratings upgraded shares of Lamar Advertising from a "hold (c+)" rating to a "buy (b)" rating in a report on Monday, February 23rd. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Lamar Advertising has an average rating of "Moderate Buy" and an average target price of $139.80.

Insider Buying and Selling

In other Lamar Advertising news, EVP Ross Lamar Reilly sold 5,969 shares of Lamar Advertising stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $128.65, for a total value of $767,911.85. Following the completion of the sale, the executive vice president owned 15,850 shares in the company, valued at $2,039,102.50. The trade was a 27.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 15.24% of the stock is owned by company insiders.

Lamar Advertising Company Profile

Lamar Advertising Company NASDAQ: LAMR is one of North America's largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.

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