Lamb Weston (NYSE:LW) Given Consensus Recommendation of “Hold” by Analysts

Shares of Lamb Weston (NYSE:LW) have received an average rating of “Hold” from the ten research firms that are presently covering the firm, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $65.30.

LW has been the topic of a number of research reports. Bank of America dropped their price target on shares of Lamb Weston from $60.00 to $56.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 18th. JPMorgan Chase & Co. initiated coverage on shares of Lamb Weston in a report on Wednesday, August 20th. They issued a “neutral” rating and a $57.00 price objective for the company. Wells Fargo & Company upped their price objective on shares of Lamb Weston from $65.00 to $66.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Finally, Barclays upped 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.

Institutional Investors Weigh In On Lamb Weston

A number of large investors have recently bought and sold shares of LW. Valeo Financial Advisors LLC bought a new stake in Lamb Weston during the second quarter valued at about $16,209,000. Osaic Holdings Inc. boosted its holdings in Lamb Weston by 77.2% during the second quarter. Osaic Holdings Inc. now owns 57,590 shares of the specialty retailer’s stock valued at $2,990,000 after acquiring an additional 25,095 shares during the period. Marex Group plc bought a new stake in Lamb Weston during the second quarter valued at about $259,000. Advisory Services Network LLC boosted its holdings in Lamb Weston by 6.3% during the second quarter. Advisory Services Network LLC now owns 7,440 shares of the specialty retailer’s stock valued at $425,000 after acquiring an additional 440 shares during the period. Finally, State of Wyoming bought a new stake in Lamb Weston during the second quarter valued at about $73,000. 89.56% of the stock is currently owned by institutional investors.

Lamb Weston Trading Down 1.1%

NYSE LW opened at $56.51 on Monday. Lamb Weston has a 1-year low of $47.87 and a 1-year high of $83.98. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 2.12. The company has a market capitalization of $7.87 billion, a PE ratio of 22.51, a price-to-earnings-growth ratio of 2.33 and a beta of 0.49. The firm’s fifty day simple moving average is $54.61 and its 200-day simple moving average is $53.68.

Lamb Weston (NYSE:LW) last posted its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.87 earnings per share 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 business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the prior year, the business posted $0.78 earnings per share. Lamb Weston’s revenue for the quarter was up 4.0% compared to the same quarter last year. Lamb Weston has set its FY 2026 guidance at EPS. As a group, sell-side analysts anticipate that Lamb Weston will post 3.1 earnings per share for the current fiscal year.

Lamb Weston Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 1st were issued a $0.37 dividend. 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 is currently 58.96%.

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.