Advisors Management Group Inc. ADV Sells 6,752 Shares of Lamar Advertising Company $LAMR

Advisors Management Group Inc. ADV lessened its stake in Lamar Advertising Company (NASDAQ:LAMR) by 15.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,272 shares of the real estate investment trust’s stock after selling 6,752 shares during the quarter. Advisors Management Group Inc. ADV’s holdings in Lamar Advertising were worth $4,844,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc bought a new stake in Lamar Advertising in the 2nd quarter valued at approximately $141,931,000. Norges Bank bought a new position in shares of Lamar Advertising during the 2nd quarter worth approximately $116,240,000. AQR Capital Management LLC raised its holdings in shares of Lamar Advertising by 123.8% in the second quarter. AQR Capital Management LLC now owns 1,475,525 shares of the real estate investment trust’s stock valued at $177,152,000 after purchasing an additional 816,217 shares during the last quarter. Egerton Capital UK LLP acquired a new stake in Lamar Advertising in the 3rd quarter valued at $88,615,000. Finally, Invesco Ltd. increased its stake in Lamar Advertising by 97.8% in the 3rd quarter. Invesco Ltd. now owns 991,990 shares of the real estate investment trust’s stock valued at $121,439,000 after buying an additional 490,463 shares during the last quarter. Institutional investors own 93.78% of the company’s stock.

Lamar Advertising Stock Down 2.2%

Shares of LAMR opened at $123.77 on Friday. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 3.10. Lamar Advertising Company has a 12 month low of $99.84 and a 12 month high of $139.76. The stock has a market capitalization of $12.54 billion, a PE ratio of 21.45 and a beta of 1.21. The firm’s 50 day moving average is $131.82 and its 200-day moving average is $127.78.

Lamar Advertising (NASDAQ:LAMR) last released its earnings results on Friday, February 20th. The real estate investment trust reported $1.50 EPS for the quarter, missing the consensus estimate of $2.18 by ($0.68). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The firm had revenue of $595.93 million during the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. Equities research analysts forecast that Lamar Advertising Company will post 7.92 EPS for the current year.

Lamar Advertising Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $1.60 per share. The ex-dividend date of this dividend is Monday, March 16th. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.55. This represents a $6.40 annualized dividend and a yield of 5.2%. Lamar Advertising’s payout ratio is presently 110.92%.

Insider Activity at Lamar Advertising

In related news, EVP Ross Lamar Reilly sold 5,969 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $128.65, for a total transaction of $767,911.85. Following the completion of the transaction, the executive vice president directly owned 15,850 shares in the company, valued at $2,039,102.50. This represents a 27.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 14.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Morgan Stanley set a $140.00 price objective on Lamar Advertising in a report on Tuesday, December 16th. Weiss Ratings raised shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a report on Monday, February 23rd. UBS Group set a $150.00 target price on shares of Lamar Advertising in a research note on Monday, February 23rd. TD Cowen reiterated a “buy” rating on shares of Lamar Advertising in a report on Monday, February 23rd. Finally, Wells Fargo & Company boosted their target price on Lamar Advertising from $121.00 to $136.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 24th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $139.80.

About Lamar Advertising

Lamar Advertising Company (NASDAQ: LAMR) is one of North America’s largest outdoor advertising firms, specializing in out-of-home media solutions. Since its founding in 1902, the company has grown through a combination of organic expansion and strategic acquisitions to offer a broad portfolio of advertising products. Its core business centers on billboard advertising, encompassing traditional static billboards and a rapidly expanding network of digital displays. These assets enable advertisers to reach consumers with high-impact messaging along highways, in urban centers, and at high-traffic intersections.

In addition to highway billboards, Lamar offers a variety of supplemental out-of-home formats, including transit advertising on buses and shelters, and logo signage at travel plazas and gas stations.