Strs Ohio Invests $403,000 in Lands' End, Inc. $LE

Key Points

• Strs Ohio has invested approximately $403,000 in Lands' End, Inc., acquiring 39,600 shares, which amounts to about 0.13% of the company.
• Recent analyst upgrades include a shift from a "hold" to a "buy" rating from Wall Street Zen for Lands' End, indicating increased investor confidence.
• Lands' End reported a quarterly earnings miss, with an EPS of ($0.06), falling short of expectations, and revenue of $294.08 million, below analysts' forecasts of $323.96 million.

Strs Ohio bought a new position in Lands' End, Inc. (NASDAQ:LE - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 39,600 shares of the company's stock, valued at approximately $403,000. Strs Ohio owned about 0.13% of Lands' End as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of LE. Towerview LLC boosted its stake in shares of Lands' End by 28.2% in the first quarter. Towerview LLC now owns 420,000 shares of the company's stock worth $4,276,000 after buying an additional 92,500 shares during the last quarter. Squarepoint Ops LLC boosted its stake in shares of Lands' End by 150.1% in the fourth quarter. Squarepoint Ops LLC now owns 103,305 shares of the company's stock worth $1,357,000 after buying an additional 61,993 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Lands' End in the first quarter worth about $623,000. SG Americas Securities LLC purchased a new stake in shares of Lands' End in the first quarter worth about $582,000. Finally, Bank of America Corp DE boosted its stake in shares of Lands' End by 320.8% in the fourth quarter. Bank of America Corp DE now owns 51,811 shares of the company's stock worth $681,000 after buying an additional 39,499 shares during the last quarter. Hedge funds and other institutional investors own 37.46% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Lands' End from a "hold" rating to a "buy" rating in a research report on Saturday, September 13th.

Lands' End Stock Performance

Shares of LE stock opened at $15.53 on Tuesday. The company has a market capitalization of $473.98 million, a P/E ratio of 86.28 and a beta of 2.34. The business's 50 day moving average is $13.52 and its two-hundred day moving average is $10.97. The company has a current ratio of 1.62, a quick ratio of 0.41 and a debt-to-equity ratio of 1.13. Lands' End, Inc. has a 12-month low of $7.65 and a 12-month high of $19.88.

Lands' End (NASDAQ:LE - Get Free Report) last issued its quarterly earnings results on Tuesday, September 9th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.03). The business had revenue of $294.08 million for the quarter, compared to analysts' expectations of $323.96 million. Lands' End had a return on equity of 5.32% and a net margin of 0.46%.During the same quarter in the prior year, the company posted ($0.02) EPS. Lands' End has set its Q3 2025 guidance at 0.100-0.220 EPS. FY 2025 guidance at 0.620-0.88 EPS. Analysts expect that Lands' End, Inc. will post 0.41 EPS for the current fiscal year.

Lands' End 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.

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