Vanguard Group Inc. Cuts Stock Holdings in Lamar Advertising Company $LAMR

Key Points

• Vanguard Group trimmed its stake in Lamar Advertising by 1.0% in Q4, selling 119,932 shares and now holds 11,916,902 shares (about 11.77%) valued at roughly $1.508 billion.
• Q4 results missed on EPS—$1.50 versus $2.18 expected—while revenue was roughly in line at $595.9 million; the company set FY2026 guidance of 5.720–5.830 EPS and analysts forecast about 8.23 EPS for the current year.
• Dividend increased to $1.60 quarterly (annualized $6.40) for a ~4.6% yield, but the payout ratio is high at about 110.9%, which could raise sustainability questions.

Vanguard Group Inc. trimmed its position in shares of Lamar Advertising Company (NASDAQ:LAMR - Free Report) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,916,902 shares of the real estate investment trust's stock after selling 119,932 shares during the quarter. Vanguard Group Inc. owned approximately 11.77% of Lamar Advertising worth $1,508,441,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LAMR. Quent Capital LLC acquired a new stake in Lamar Advertising during the 3rd quarter worth $26,000. Alpine Bank Wealth Management acquired a new stake in Lamar Advertising during the 3rd quarter worth $27,000. Sound Income Strategies LLC boosted its stake in 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 during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Lamar Advertising during the 3rd quarter worth $33,000. Finally, Beacon Financial Strategies CORP acquired a new stake in Lamar Advertising during the 4th quarter worth $35,000. Hedge funds and other institutional investors own 93.78% of the company's stock.

Lamar Advertising Stock Up 1.4%

Shares of NASDAQ:LAMR opened at $137.84 on Friday. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a market capitalization of $13.97 billion, a PE ratio of 23.89 and a beta of 1.20. The firm's 50-day moving average is $132.61 and its two-hundred day moving average is $129.23. Lamar Advertising Company has a 1 year low of $112.00 and a 1 year 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 for the quarter, missing analysts' consensus estimates of $2.18 by ($0.68). The firm had revenue of $595.93 million for the quarter, compared to analysts' expectations of $592.70 million. Lamar Advertising had a return on equity of 58.58% and a net margin of 25.91%.Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. Analysts predict that Lamar Advertising Company will post 8.23 EPS for the current year.

Lamar Advertising Increases Dividend

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

Insider Activity

In other news, EVP Ross Lamar Reilly sold 5,969 shares of the firm's stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $128.65, for a total transaction of $767,911.85. Following the transaction, the executive vice president directly owned 15,850 shares in the company, 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 legal filing with the SEC, which is accessible through this link. Company insiders own 15.24% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. UBS Group set a $150.00 price target on shares of Lamar Advertising in a research report on Monday, February 23rd. Wells Fargo & Company boosted their price target on shares of Lamar Advertising from $121.00 to $136.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 24th. 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, TD Cowen reissued a "buy" rating on shares of Lamar Advertising in a research report on Monday, February 23rd. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Lamar Advertising 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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