Valeo Financial Advisors LLC Invests $16.21 Million in Lamb Weston $LW

Key Points

• Valeo Financial Advisors LLC made a significant investment of approximately $16.21 million in Lamb Weston (NYSE:LW), acquiring 312,619 shares during the second quarter.
• The company recently reported an earnings per share (EPS) of $0.74 for the last quarter, surpassing analysts' expectations by $0.21.
• Wall Street analysts have an average target price of $65.70 for Lamb Weston, with four analysts rating the stock as a "Buy" and eight as a "Hold."

Valeo Financial Advisors LLC bought a new stake in shares of Lamb Weston (NYSE:LW - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 312,619 shares of the specialty retailer's stock, valued at approximately $16,209,000. Valeo Financial Advisors LLC owned about 0.22% of Lamb Weston at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of LW. Vanguard Group Inc. increased its holdings in shares of Lamb Weston by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 17,072,932 shares of the specialty retailer's stock worth $909,987,000 after purchasing an additional 426,045 shares during the period. Price T Rowe Associates Inc. MD grew its position in Lamb Weston by 49.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 4,500,503 shares of the specialty retailer's stock worth $239,877,000 after buying an additional 1,483,559 shares in the last quarter. Invesco Ltd. raised its holdings in Lamb Weston by 25.7% in the 1st quarter. Invesco Ltd. now owns 4,055,902 shares of the specialty retailer's stock valued at $216,180,000 after acquiring an additional 829,207 shares in the last quarter. Clarkston Capital Partners LLC raised its holdings in Lamb Weston by 21.1% in the 1st quarter. Clarkston Capital Partners LLC now owns 3,721,559 shares of the specialty retailer's stock valued at $198,359,000 after acquiring an additional 648,855 shares in the last quarter. Finally, Gates Capital Management Inc. lifted its position in shares of Lamb Weston by 49.8% in the 1st quarter. Gates Capital Management Inc. now owns 2,016,142 shares of the specialty retailer's stock worth $107,460,000 after acquiring an additional 670,611 shares during the period. 89.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on LW shares. Wells Fargo & Company upped their target price on Lamb Weston from $66.00 to $68.00 and gave the company an "overweight" rating in a research note on Wednesday. Weiss Ratings reissued a "hold (c-)" rating on shares of Lamb Weston in a report on Saturday, September 27th. Barclays raised their price objective on shares of Lamb Weston from $61.00 to $68.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Cowen reiterated a "hold" rating on shares of Lamb Weston in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of Lamb Weston from $59.00 to $61.00 and gave the stock a "hold" rating in a research report on Wednesday, October 1st. Four analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $65.70.

Lamb Weston Price Performance

NYSE:LW opened at $62.76 on Monday. The company has a quick ratio of 0.77, a current ratio of 1.49 and a debt-to-equity ratio of 2.05. The firm has a market cap of $8.75 billion, a PE ratio of 30.03, a price-to-earnings-growth ratio of 4.31 and a beta of 0.52. Lamb Weston has a 12 month low of $47.87 and a 12 month high of $83.98. The company's 50-day moving average price is $56.07 and its two-hundred day moving average price is $54.24.

Lamb Weston (NYSE:LW - Get Free Report) last posted its earnings results on Tuesday, September 30th. The specialty retailer reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.21. The company had revenue of $1.66 billion during the quarter, compared to analysts' expectations of $1.62 billion. Lamb Weston had a net margin of 4.56% and a return on equity of 28.08%. Lamb Weston's quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.88 earnings per share. Lamb Weston has set its FY 2026 guidance at EPS. On average, equities analysts anticipate that Lamb Weston will post 3.1 EPS for the current fiscal year.

Lamb Weston Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, October 31st will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, October 31st. Lamb Weston's dividend payout ratio (DPR) is currently 70.81%.

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.

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