GAMMA Investing LLC Raises Stock Position in Lamb Weston $LW

GAMMA Investing LLC grew its holdings in Lamb Weston (NYSE:LW) by 96.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,449 shares of the specialty retailer’s stock after buying an additional 1,201 shares during the period. GAMMA Investing LLC’s holdings in Lamb Weston were worth $127,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in LW. Price T Rowe Associates Inc. MD boosted its stake in shares of Lamb Weston by 49.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,500,503 shares of the specialty retailer’s stock worth $239,877,000 after purchasing an additional 1,483,559 shares during the period. Citigroup Inc. boosted its stake in shares of Lamb Weston by 324.4% during the 1st quarter. Citigroup Inc. now owns 1,126,982 shares of the specialty retailer’s stock worth $60,068,000 after purchasing an additional 861,417 shares during the period. Invesco Ltd. boosted its stake in shares of Lamb Weston by 25.7% during the 1st quarter. Invesco Ltd. now owns 4,055,902 shares of the specialty retailer’s stock worth $216,180,000 after purchasing an additional 829,207 shares during the period. Gates Capital Management Inc. boosted its stake in shares of Lamb Weston by 49.8% during the 1st quarter. Gates Capital Management Inc. now owns 2,016,142 shares of the specialty retailer’s stock worth $107,460,000 after purchasing an additional 670,611 shares during the period. Finally, Clarkston Capital Partners LLC boosted its stake in shares of Lamb Weston by 21.1% during the 1st quarter. Clarkston Capital Partners LLC now owns 3,721,559 shares of the specialty retailer’s stock worth $198,359,000 after purchasing an additional 648,855 shares during the period. 89.56% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on LW. Wells Fargo & Company lifted their price target on shares of Lamb Weston from $65.00 to $66.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. Bank of America dropped their price target on shares of Lamb Weston from $60.00 to $56.00 and set a “neutral” rating for the company in a research note on Wednesday, June 18th. JPMorgan Chase & Co. began coverage on shares of Lamb Weston in a research note on Wednesday, August 20th. They set a “neutral” rating and a $57.00 price target for the company. Finally, Barclays lifted their price target on shares of Lamb Weston from $61.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, July 25th. Three research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $65.33.

Lamb Weston Trading Up 4.4%

Shares of LW stock opened at $58.14 on Wednesday. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 0.68. The firm has a market cap of $8.10 billion, a PE ratio of 23.16, a price-to-earnings-growth ratio of 2.27 and a beta of 0.49. The company has a 50-day moving average of $55.86 and a two-hundred day moving average of $54.03. Lamb Weston has a 1-year low of $47.87 and a 1-year high of $83.98.

Lamb Weston (NYSE:LW) last announced its earnings results on Tuesday, September 30th. The specialty retailer reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.21. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.62 billion. Lamb Weston had a net margin of 5.54% and a return on equity of 27.99%. Lamb Weston’s revenue was up .3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.88 earnings per share. Lamb Weston has set its FY 2026 guidance at EPS. On average, analysts predict that Lamb Weston will post 3.1 EPS for the current year.

Lamb Weston Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, October 31st will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, October 31st. Lamb Weston’s dividend payout ratio (DPR) is 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.