Strs Ohio Has $8.41 Million Stock Holdings in Lamar Advertising Company $LAMR

Key Points

• Strs Ohio boosted its stake in Lamar Advertising (NASDAQ:LAMR) by 85.2% in Q4 to 66,468 shares worth about $8.41 million, roughly 0.07% of the company.
• Lamar missed quarterly EPS expectations, reporting $1.50 vs. a $2.18 consensus, but issued FY2026 guidance of $5.72–$5.83 and faces analyst estimates of about $8.23 for the year.
• The company raised its quarterly dividend to $1.60 (a $6.40 annualized payout, ~4.6% yield), though the dividend payout ratio is high at 110.92%.

Strs Ohio lifted its stake in Lamar Advertising Company (NASDAQ:LAMR - Free Report) by 85.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,468 shares of the real estate investment trust's stock after acquiring an additional 30,573 shares during the quarter. Strs Ohio owned approximately 0.07% of Lamar Advertising worth $8,414,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of LAMR. Quent Capital LLC acquired a new position in Lamar Advertising during the third quarter worth $26,000. Caitong International Asset Management Co. Ltd acquired a new position in Lamar Advertising during the third quarter worth $33,000. Sound Income Strategies LLC increased its position in Lamar Advertising by 151.0% during the fourth quarter. Sound Income Strategies LLC now owns 251 shares of the real estate investment trust's stock worth $33,000 after buying an additional 151 shares during the last quarter. Beacon Financial Strategies CORP acquired a new position in Lamar Advertising during the fourth quarter worth $35,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Lamar Advertising during the third quarter worth $39,000. 93.78% of the stock is owned by institutional investors and hedge funds.

Lamar Advertising Trading Down 0.6%

Shares of NASDAQ:LAMR opened at $139.53 on Tuesday. The company has a market cap of $14.14 billion, a P/E ratio of 24.18 and a beta of 1.18. The stock's 50-day moving average is $132.61 and its 200-day moving average is $129.37. Lamar Advertising Company has a 52-week low of $112.00 and a 52-week high of $141.57. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.58 and a current ratio of 0.58.

Lamar Advertising (NASDAQ:LAMR - Get Free Report) last issued its quarterly earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($0.68). The business had revenue of $595.93 million during the quarter, compared to analyst estimates 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. Equities research analysts predict that Lamar Advertising Company will post 8.23 earnings per share for the current year.

Lamar Advertising Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were given a $1.60 dividend. This is an increase from Lamar Advertising's previous quarterly dividend of $1.55. This represents a $6.40 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, March 16th. Lamar Advertising's dividend payout ratio (DPR) is 110.92%.

Insider Activity

In other news, EVP Ross Lamar Reilly sold 5,969 shares of the firm's 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 sale, the executive vice president directly owned 15,850 shares of the company's stock, valued at approximately $2,039,102.50. This trade represents a 27.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 15.24% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on LAMR. TD Cowen reissued a "buy" rating on shares of Lamar Advertising in a research report on Monday, February 23rd. UBS Group set a $150.00 target price on shares of Lamar Advertising in a research report on Monday, February 23rd. Weiss Ratings raised shares of Lamar Advertising from a "hold (c+)" rating to a "buy (b)" rating in a research report on Monday, February 23rd. Finally, Wells Fargo & Company increased their target price on shares of Lamar Advertising from $121.00 to $136.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 24th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $139.80.

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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