1834 Investment Advisors Co. Invests $734,000 in Lamar Advertising Company $LAMR

1834 Investment Advisors Co. bought a new position in shares of Lamar Advertising Company (NASDAQ:LAMR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,798 shares of the real estate investment trust’s stock, valued at approximately $734,000.

A number of other large investors have also added to or reduced their stakes in LAMR. Quent Capital LLC bought a new position in shares of Lamar Advertising in the third quarter valued at about $26,000. Alpine Bank Wealth Management acquired a new stake in shares of Lamar Advertising during the 3rd quarter worth about $27,000. Sound Income Strategies LLC boosted its holdings in shares of 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 buying an additional 151 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Lamar Advertising in the 3rd quarter valued at about $33,000. Finally, Beacon Financial Strategies CORP acquired a new position in Lamar Advertising in the 4th quarter valued at about $35,000. Institutional investors own 93.78% of the company’s stock.

Lamar Advertising Stock Performance

Shares of NASDAQ:LAMR opened at $135.75 on Tuesday. Lamar Advertising Company has a 12-month low of $111.64 and a 12-month high of $139.76. The company’s 50 day moving average price is $132.42 and its two-hundred day moving average price is $129.00. The firm has a market cap of $13.76 billion, a PE ratio of 23.53 and a beta of 1.20. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 3.10.

Lamar Advertising (NASDAQ:LAMR) last released 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). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The business had revenue of $595.93 million during the quarter, compared to analyst estimates of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. Equities research analysts predict that Lamar Advertising Company will post 8.23 earnings per share for the current year.

Lamar Advertising Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were 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 of this dividend was Monday, March 16th. This represents a $6.40 annualized dividend and a dividend yield of 4.7%. Lamar Advertising’s payout ratio is currently 110.92%.

Insider Activity at Lamar Advertising

In related news, EVP Ross Lamar Reilly sold 5,969 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $128.65, for a total value of $767,911.85. Following the transaction, the executive vice president owned 15,850 shares in the company, valued at approximately $2,039,102.50. This trade 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 this link. Insiders own 15.24% of the company’s stock.

Analyst Ratings Changes

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

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.