Zacks Research Has Negative View of Lamb Weston Q3 Earnings

Key Points

• Zacks Research has lowered its Q3 2026 EPS estimate for Lamb Weston from $1.13 to $0.93, reflecting a negative outlook on the company’s earnings performance.
• Institutional investors hold a substantial portion of Lamb Weston, owning approximately 89.56% of the company's stock, indicating strong support from large stakeholders.
• Lamb Weston recently declared a quarterly dividend of $0.37 per share, translating to an annualized dividend yield of 2.9%.

Lamb Weston (NYSE:LW - Free Report) - Research analysts at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for Lamb Weston in a report issued on Wednesday, August 6th. Zacks Research analyst R. Department now forecasts that the specialty retailer will post earnings of $0.93 per share for the quarter, down from their prior estimate of $1.13. The consensus estimate for Lamb Weston's current full-year earnings is $3.10 per share. Zacks Research also issued estimates for Lamb Weston's Q4 2026 earnings at $0.88 EPS, Q2 2027 earnings at $0.81 EPS, Q3 2027 earnings at $1.04 EPS, Q4 2027 earnings at $0.86 EPS and FY2028 earnings at $4.13 EPS.

LW has been the topic of several other research reports. Stifel Nicolaus set a $56.00 target price on shares of Lamb Weston and gave the company a "hold" rating in a report on Thursday, April 24th. Barclays upped their price objective on shares of Lamb Weston from $61.00 to $68.00 and gave the company an "overweight" rating in a research report on Friday, July 25th. Wells Fargo & Company boosted their target price on shares of Lamb Weston from $65.00 to $66.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Bank of America decreased their target price on shares of Lamb Weston from $60.00 to $56.00 and set a "neutral" rating for the company in a research report on Wednesday, June 18th. Finally, Jefferies Financial Group cut their price objective on Lamb Weston from $80.00 to $75.00 and set a "buy" rating for the company in a report on Friday, April 11th. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $67.40.

Lamb Weston Price Performance

Shares of NYSE:LW traded down $0.42 on Friday, hitting $51.71. The company had a trading volume of 177,992 shares, compared to its average volume of 2,403,002. Lamb Weston has a 52-week low of $47.87 and a 52-week high of $83.98. The company has a market cap of $7.20 billion, a PE ratio of 20.60, a PEG ratio of 1.96 and a beta of 0.49. The business has a 50 day moving average of $53.87 and a 200 day moving average of $54.20. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 2.12.

Lamb Weston (NYSE:LW - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.87 EPS for the quarter, topping the consensus estimate of $0.64 by $0.23. Lamb Weston had a net margin of 5.54% and a return on equity of 27.99%. The company had revenue of $1.68 billion during the quarter, compared to analysts' expectations of $1.59 billion. During the same quarter in the previous year, the business posted $0.78 EPS. The firm's revenue was up 4.0% on a year-over-year basis.

Institutional Investors Weigh In On Lamb Weston

Institutional investors have recently made changes to their positions in the stock. ProShare Advisors LLC increased its holdings in shares of Lamb Weston by 12.1% during the second quarter. ProShare Advisors LLC now owns 24,173 shares of the specialty retailer's stock valued at $1,253,000 after acquiring an additional 2,616 shares in the last quarter. Midwest Trust Co bought a new stake in shares of Lamb Weston in the 2nd quarter worth approximately $979,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Lamb Weston during the 2nd quarter valued at about $939,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Lamb Weston by 20.5% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 150,571 shares of the specialty retailer's stock worth $7,807,000 after buying an additional 25,635 shares in the last quarter. Finally, Los Angeles Capital Management LLC purchased a new stake in Lamb Weston during the second quarter valued at about $1,423,000. Institutional investors own 89.56% of the company's stock.

Lamb Weston Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 1st will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, August 1st. This represents a $1.48 annualized dividend and a dividend yield of 2.9%. Lamb Weston's payout ratio is 58.96%.

Lamb Weston Company Profile

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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