Lamb Weston $LW Shares Sold by CI Investments Inc.

CI Investments Inc. lessened its stake in shares of Lamb Weston (NYSE:LW) by 66.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,634 shares of the specialty retailer’s stock after selling 13,002 shares during the quarter. CI Investments Inc.’s holdings in Lamb Weston were worth $280,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in Lamb Weston by 29.4% in the 1st quarter. Royal Bank of Canada now owns 185,038 shares of the specialty retailer’s stock valued at $9,862,000 after purchasing an additional 42,039 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Lamb Weston by 3.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,355 shares of the specialty retailer’s stock worth $872,000 after buying an additional 549 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Lamb Weston by 19.4% in the second quarter. EverSource Wealth Advisors LLC now owns 3,490 shares of the specialty retailer’s stock valued at $181,000 after buying an additional 567 shares during the last quarter. Amundi raised its position in shares of Lamb Weston by 405.9% in the second quarter. Amundi now owns 256,794 shares of the specialty retailer’s stock valued at $13,548,000 after buying an additional 206,034 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its stake in shares of Lamb Weston by 70.7% during the second quarter. Gamco Investors INC. ET AL now owns 18,116 shares of the specialty retailer’s stock valued at $939,000 after buying an additional 7,503 shares during the period. Institutional investors and hedge funds own 89.56% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on LW. Weiss Ratings restated a “sell (d+)” rating on shares of Lamb Weston in a research report on Wednesday, July 8th. Stifel Nicolaus reduced their price target on Lamb Weston from $50.00 to $45.00 and set a “hold” rating on the stock in a research note on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft reduced their price target on Lamb Weston from $46.00 to $40.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. BNP Paribas Exane lowered their price objective on Lamb Weston from $48.00 to $41.00 and set a “neutral” rating for the company in a research report on Thursday, April 2nd. Finally, Wells Fargo & Company lifted their price objective on Lamb Weston from $46.00 to $54.00 and gave the company an “overweight” rating in a research report on Wednesday, July 8th. Three investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Lamb Weston has a consensus rating of “Hold” and an average price target of $49.27.

Lamb Weston Trading Up 0.8%

Shares of LW stock opened at $49.57 on Friday. The firm’s 50-day simple moving average is $44.73 and its 200-day simple moving average is $44.25. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.46 and a quick ratio of 0.69. Lamb Weston has a 1-year low of $37.62 and a 1-year high of $67.07. The firm has a market cap of $6.84 billion, a P/E ratio of 23.83, a PEG ratio of 6.58 and a beta of 0.47.

Lamb Weston (NYSE:LW) last released its earnings results on Friday, July 24th. The specialty retailer reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.24. Lamb Weston had a net margin of 4.61% and a return on equity of 23.77%. The firm had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.70 billion. During the same period in the previous year, the firm earned $0.87 earnings per share. Lamb Weston’s revenue was up 5.6% compared to the same quarter last year. Lamb Weston has set its FY 2027 guidance at 2.950-3.250 EPS. As a group, equities analysts forecast that Lamb Weston will post 3.08 EPS for the current year.

Lamb Weston Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 7th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Friday, August 7th. Lamb Weston’s dividend payout ratio (DPR) is 71.03%.

Lamb Weston News Summary

Here are the key news stories impacting Lamb Weston this week:

• Positive Sentiment: Lamb Weston beat fiscal Q4 earnings and revenue estimates, with stronger North American volume driving the top line. Lamb Weston (LW) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: The company issued FY 2027 guidance that implies modest growth and revenue above consensus, suggesting management confidence in the turnaround. Lamb Weston earnings report
• Neutral Sentiment: Management said higher production and cost savings are helping offset inflation and geopolitical disruptions, but those headwinds are still affecting international sales. Seeking Alpha news
• Neutral Sentiment: Analysts remain cautious despite the beat, with at least one downgrade saying the stock may be past the worst but still faces meaningful challenges. Lamb Weston: Passing The Bottom, But Challenges Remain (Downgrade)
• Negative Sentiment: International weakness, inflation, and geopolitical volatility continue to pressure margins and could limit how quickly earnings improve. Lamb Weston Posts Higher Sales on North America Growth

Lamb Weston Profile

Lamb Weston, traded on the NYSE under the symbol LW, is a leading global processor and supplier of frozen potato products. The company’s portfolio includes a variety of potato-based items such as French fries, potato wedges, hash browns and specialty cuts tailored to the foodservice and retail grocery channels. Lamb Weston serves quick-service restaurants, full-service operators, grocery chains and food distributors, offering customized product formats, packaging solutions and seasoning options to meet evolving customer demands.

Founded in 1950 and headquartered in Eagle, Idaho, Lamb Weston has grown from a regional processor into one of the world’s largest producers of frozen potato products.