Scientech Research LLC Takes Position in Lamb Weston $LW

Key Points

• Scientech Research LLC has invested $615,000 in Lamb Weston by acquiring 11,544 shares, highlighting strong institutional interest in the stock.
• Analysts have differing outlooks on Lamb Weston, with Barclays raising their target price to $68.00 and Bank of America lowering it to $56.00.
• Lamb Weston announced a quarterly dividend of $0.37 per share with a yield of 2.6%, reflecting a stable return for investors.

Scientech Research LLC bought a new stake in shares of Lamb Weston (NYSE:LW - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 11,544 shares of the specialty retailer's stock, valued at approximately $615,000.

Several other large investors also recently added to or reduced their stakes in LW. Putney Financial Group LLC acquired a new position in shares of Lamb Weston in the fourth quarter worth $34,000. Wayfinding Financial LLC acquired a new position in shares of Lamb Weston in the first quarter worth $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Lamb Weston in the first quarter worth $28,000. Whipplewood Advisors LLC increased 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 worth $29,000 after acquiring an additional 520 shares during the last quarter. Finally, CX Institutional acquired a new position in shares of Lamb Weston in the first quarter worth $48,000. 89.56% of the stock is owned by institutional investors and hedge funds.

Lamb Weston Price Performance

NYSE:LW traded down $0.61 during mid-day trading on Friday, hitting $56.51. The company's stock had a trading volume of 1,009,521 shares, compared to its average volume of 1,191,601. Lamb Weston has a fifty-two week low of $47.87 and a fifty-two week high of $83.98. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 2.12. The company has a market capitalization of $7.87 billion, a price-to-earnings ratio of 22.51, a P/E/G ratio of 2.35 and a beta of 0.49. The stock has a fifty day moving average of $54.61 and a 200-day moving average of $53.65.

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

Lamb Weston Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 1st were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Friday, August 1st. Lamb Weston's dividend payout ratio is 58.96%.

Wall Street Analyst Weigh In

LW has been the subject of a number of recent research reports. Bank of America decreased their price objective on shares of Lamb Weston from $60.00 to $56.00 and set a "neutral" rating for the company in a report on Wednesday, June 18th. Wells Fargo & Company upped their price target on shares of Lamb Weston from $65.00 to $66.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Barclays upped their price target on shares of Lamb Weston from $61.00 to $68.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Finally, JPMorgan Chase & Co. began coverage on shares of Lamb Weston in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $57.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price 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.