Signaturefd LLC Boosts Position in Lamb Weston $LW

Signaturefd LLC grew its position in shares of Lamb Weston (NYSE:LW) by 40.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,195 shares of the specialty retailer’s stock after acquiring an additional 342 shares during the quarter. Signaturefd LLC’s holdings in Lamb Weston were worth $62,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LW. American National Bank & Trust acquired a new stake in Lamb Weston during the second quarter worth about $25,000. Wayfinding Financial LLC acquired a new stake in Lamb Weston during the first quarter worth about $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Lamb Weston during the first quarter worth about $28,000. ST Germain D J Co. Inc. increased its stake in Lamb Weston by 64.2% during the second quarter. ST Germain D J Co. Inc. now owns 537 shares of the specialty retailer’s stock worth $28,000 after acquiring an additional 210 shares during the last quarter. Finally, CX Institutional acquired a new stake in Lamb Weston during the first quarter worth about $48,000. 89.56% of the stock is currently owned by institutional investors and hedge funds.

Lamb Weston Trading Up 1.0%

NYSE:LW opened at $62.76 on Monday. The company has a quick ratio of 0.77, a current ratio of 1.49 and a debt-to-equity ratio of 2.05. The business’s 50 day moving average is $56.07 and its two-hundred day moving average is $54.24. 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 $8.75 billion, a PE ratio of 30.03, a P/E/G ratio of 4.31 and a beta of 0.52.

Lamb Weston (NYSE:LW) last released its earnings results on Tuesday, September 30th. The specialty retailer reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.21. Lamb Weston had a return on equity of 28.08% and a net margin of 4.56%.The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter last year, the business posted $0.88 EPS. Lamb Weston’s quarterly revenue was up .3% compared to the same quarter last year. 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 company also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, October 31st will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 31st. Lamb Weston’s dividend payout ratio (DPR) is currently 70.81%.

Wall Street Analysts Forecast Growth

LW has been the subject of several research analyst reports. Sanford C. Bernstein set a $65.00 price target on Lamb Weston and gave the stock a “market perform” rating in a research note on Wednesday. JPMorgan Chase & Co. initiated coverage on Lamb Weston in a research note on Wednesday, August 20th. They set a “neutral” rating and a $57.00 price target for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lamb Weston in a research report on Saturday, September 27th. Wells Fargo & Company upped their target price on Lamb Weston from $66.00 to $68.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Lamb Weston from $59.00 to $61.00 and gave the stock a “hold” rating in a research report on Wednesday, October 1st. Four equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $65.70.

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.