Aaron Wealth Advisors LLC Has $924,000 Position in Lamar Advertising Company $LAMR

Aaron Wealth Advisors LLC raised its stake in Lamar Advertising Company (NASDAQ:LAMR) by 136.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,297 shares of the real estate investment trust’s stock after purchasing an additional 4,208 shares during the period. Aaron Wealth Advisors LLC’s holdings in Lamar Advertising were worth $924,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sound Income Strategies LLC lifted its holdings in Lamar Advertising by 151.0% during the 4th quarter. Sound Income Strategies LLC now owns 251 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 151 shares during the last quarter. Signaturefd LLC lifted its holdings in Lamar Advertising by 15.0% during the 4th quarter. Signaturefd LLC now owns 1,637 shares of the real estate investment trust’s stock worth $207,000 after purchasing an additional 213 shares during the last quarter. First American Bank grew its stake in shares of Lamar Advertising by 18.2% in the fourth quarter. First American Bank now owns 13,948 shares of the real estate investment trust’s stock valued at $1,766,000 after acquiring an additional 2,152 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Lamar Advertising by 271.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 4,033 shares of the real estate investment trust’s stock valued at $510,000 after acquiring an additional 2,948 shares in the last quarter. Finally, HF Advisory Group LLC grew its stake in shares of Lamar Advertising by 138.5% in the fourth quarter. HF Advisory Group LLC now owns 13,102 shares of the real estate investment trust’s stock valued at $1,658,000 after acquiring an additional 7,608 shares in the last quarter. 93.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Lamar Advertising Trading Up 2.6%

LAMR opened at $132.12 on Thursday. Lamar Advertising Company has a twelve month low of $99.84 and a twelve month high of $139.76. The company has a 50-day simple moving average of $131.49 and a 200 day simple moving average of $127.84. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 3.10. The stock has a market capitalization of $13.39 billion, a price-to-earnings ratio of 22.90 and a beta of 1.20.

Lamar Advertising (NASDAQ:LAMR) last posted its quarterly earnings data on Friday, February 20th. The real estate investment trust reported $1.50 earnings per share for the quarter, missing the consensus estimate of $2.18 by ($0.68). Lamar Advertising had a return on equity of 58.58% and a net margin of 25.91%.The firm had revenue of $595.93 million for 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. Analysts predict that Lamar Advertising Company will post 7.92 EPS for the current fiscal year.

Lamar Advertising Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a dividend of $1.60 per share. 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 4.8%. The ex-dividend date of this dividend was Monday, March 16th. Lamar Advertising’s dividend payout ratio (DPR) is currently 110.92%.

Insiders Place Their Bets

In related 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 transaction of $767,911.85. Following the completion of 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 14.99% of the stock is owned by corporate insiders.

Lamar Advertising Profile

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.