Amundi Trims Holdings in Lamb Weston $LW

Amundi cut its holdings in Lamb Weston (NYSE:LW) by 85.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,760 shares of the specialty retailer’s stock after selling 303,551 shares during the quarter. Amundi’s holdings in Lamb Weston were worth $2,706,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Romano Brothers AND Company grew its position in shares of Lamb Weston by 1.4% in the 1st quarter. Romano Brothers AND Company now owns 15,260 shares of the specialty retailer’s stock worth $813,000 after buying an additional 218 shares during the period. Teachers Retirement System of The State of Kentucky grew its position in shares of Lamb Weston by 2.0% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 10,971 shares of the specialty retailer’s stock worth $585,000 after buying an additional 219 shares during the period. Concurrent Investment Advisors LLC grew its position in shares of Lamb Weston by 4.0% in the 1st quarter. Concurrent Investment Advisors LLC now owns 5,984 shares of the specialty retailer’s stock worth $319,000 after buying an additional 230 shares during the period. Snowden Capital Advisors LLC grew its position in shares of Lamb Weston by 8.2% in the 4th quarter. Snowden Capital Advisors LLC now owns 3,393 shares of the specialty retailer’s stock worth $227,000 after buying an additional 256 shares during the period. Finally, Smith Thornton Advisors LLC grew its position in Lamb Weston by 6.8% during the 1st quarter. Smith Thornton Advisors LLC now owns 4,300 shares of the specialty retailer’s stock valued at $229,000 after purchasing an additional 275 shares during the last quarter. 89.56% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on LW. Bank of America cut their price objective on shares of Lamb Weston from $60.00 to $56.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 18th. JPMorgan Chase & Co. began coverage on shares of Lamb Weston in a research report on Wednesday, August 20th. They set a “neutral” rating and a $57.00 price objective on the stock. Wells Fargo & Company increased their price objective on shares of Lamb Weston from $65.00 to $66.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. Finally, Barclays increased 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. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Lamb Weston has an average rating of “Hold” and an average target price of $65.30.

Lamb Weston Price Performance

Shares of NYSE:LW opened at $57.20 on Friday. The firm’s 50 day moving average price is $54.54 and its 200-day moving average price is $53.62. Lamb Weston has a twelve month low of $47.87 and a twelve month high of $83.98. The company has a quick ratio of 0.68, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. The stock has a market capitalization of $7.97 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 2.30 and a beta of 0.49.

Lamb Weston (NYSE:LW) last released its earnings results on Wednesday, July 23rd. The specialty retailer reported $0.87 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter last year, the business earned $0.78 EPS. The firm’s revenue was up 4.0% compared to the same quarter last year. Lamb Weston has set its FY 2026 guidance at EPS. Equities research analysts expect that Lamb Weston will post 3.1 EPS for the current year.

Lamb Weston Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 1st were paid a dividend of $0.37 per share. The ex-dividend date was Friday, August 1st. This represents a $1.48 dividend on an annualized basis and a yield of 2.6%. Lamb Weston’s dividend payout ratio (DPR) is presently 58.96%.

Lamb Weston 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.