Lamar Advertising Company $LAMR Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in Lamar Advertising Company (NASDAQ:LAMR) by 323.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,297 shares of the real estate investment trust’s stock after purchasing an additional 57,520 shares during the quarter. SG Americas Securities LLC owned 0.07% of Lamar Advertising worth $9,531,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Glenmede Investment Management LP lifted its holdings in shares of Lamar Advertising by 3.2% in the 3rd quarter. Glenmede Investment Management LP now owns 2,590 shares of the real estate investment trust’s stock valued at $317,000 after buying an additional 81 shares during the period. HF Advisory Group LLC grew its holdings in Lamar Advertising by 1.6% during the third quarter. HF Advisory Group LLC now owns 5,494 shares of the real estate investment trust’s stock worth $673,000 after acquiring an additional 86 shares during the period. REAP Financial Group LLC grew its holdings in Lamar Advertising by 16.3% during the third quarter. REAP Financial Group LLC now owns 622 shares of the real estate investment trust’s stock worth $76,000 after acquiring an additional 87 shares during the period. PFG Investments LLC raised its position in Lamar Advertising by 5.4% in the third quarter. PFG Investments LLC now owns 1,895 shares of the real estate investment trust’s stock worth $232,000 after acquiring an additional 97 shares in the last quarter. Finally, Argent Advisors Inc. raised its position in Lamar Advertising by 0.7% in the third quarter. Argent Advisors Inc. now owns 14,122 shares of the real estate investment trust’s stock worth $1,729,000 after acquiring an additional 98 shares in the last quarter. 93.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Lamar Advertising

In other Lamar Advertising news, EVP Ross Lamar Reilly sold 5,969 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $128.65, for a total value of $767,911.85. Following the sale, the executive vice president owned 15,850 shares of the company’s stock, valued at $2,039,102.50. This represents a 27.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 14.99% of the company’s stock.

Lamar Advertising Price Performance

LAMR opened at $123.77 on Monday. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.58 and a current ratio of 0.58. The company has a market cap of $12.54 billion, a price-to-earnings ratio of 21.45 and a beta of 1.21. Lamar Advertising Company has a one year low of $99.84 and a one year high of $139.76. The business’s fifty day moving average is $131.82 and its two-hundred day moving average is $127.79.

Lamar Advertising (NASDAQ:LAMR) last announced its quarterly earnings results on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.68). The firm had revenue of $595.93 million during the quarter, compared to analysts’ expectations of $592.70 million. Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. Analysts anticipate that Lamar Advertising Company will post 7.92 EPS for the current fiscal 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 issued a dividend of $1.60 per share. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.55. The ex-dividend date is Monday, March 16th. This represents a $6.40 annualized dividend and a yield of 5.2%. Lamar Advertising’s payout ratio is 110.92%.

Analyst Upgrades and Downgrades

LAMR has been the topic of several research analyst reports. Weiss Ratings upgraded shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research report on Monday, February 23rd. Wells Fargo & Company increased their price target on shares of Lamar Advertising from $121.00 to $136.00 and gave the company an “equal weight” rating in a report on Tuesday, February 24th. UBS Group set a $150.00 price objective on shares of Lamar Advertising in a research note on Monday, February 23rd. Morgan Stanley set a $140.00 price objective on shares of Lamar Advertising in a report on Tuesday, December 16th. Finally, TD Cowen restated a “buy” rating on shares of Lamar Advertising in a research report on Monday, February 23rd. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company 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.