Lamb Weston $LW Shares Sold by Westhampton Capital LLC

Westhampton Capital LLC reduced its position in Lamb Weston (NYSE:LW) by 6.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,824 shares of the specialty retailer’s stock after selling 500 shares during the quarter. Westhampton Capital LLC’s holdings in Lamb Weston were worth $406,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Lamb Weston by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 17,072,932 shares of the specialty retailer’s stock worth $909,987,000 after acquiring an additional 426,045 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Lamb Weston by 49.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,500,503 shares of the specialty retailer’s stock valued at $239,877,000 after acquiring an additional 1,483,559 shares during the period. Invesco Ltd. boosted its stake in shares of Lamb Weston by 25.7% in the 1st quarter. Invesco Ltd. now owns 4,055,902 shares of the specialty retailer’s stock valued at $216,180,000 after buying an additional 829,207 shares during the period. Clarkston Capital Partners LLC boosted its stake in shares of Lamb Weston by 21.1% in the 1st quarter. Clarkston Capital Partners LLC now owns 3,721,559 shares of the specialty retailer’s stock valued at $198,359,000 after buying an additional 648,855 shares during the period. Finally, Gates Capital Management Inc. raised its position in shares of Lamb Weston by 49.8% during the 1st quarter. Gates Capital Management Inc. now owns 2,016,142 shares of the specialty retailer’s stock worth $107,460,000 after acquiring an additional 670,611 shares in the last quarter. 89.56% of the stock is owned by institutional investors and hedge funds.

Lamb Weston Stock Performance

Lamb Weston stock opened at $55.73 on Tuesday. The firm has a market capitalization of $7.77 billion, a P/E ratio of 22.20, a PEG ratio of 2.25 and a beta of 0.49. The stock has a fifty day moving average price of $55.68 and a 200 day moving average price of $54.00. Lamb Weston has a 52 week low of $47.87 and a 52 week high of $83.98. The company has a current ratio of 1.38, a quick ratio of 0.68 and a debt-to-equity ratio of 2.12.

Lamb Weston (NYSE:LW) last announced its quarterly earnings results on Wednesday, July 23rd. The specialty retailer reported $0.87 EPS for the quarter, topping the consensus estimate of $0.64 by $0.23. The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. Lamb Weston had a return on equity of 27.99% and a net margin of 5.54%.The firm’s revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.78 earnings per share. Lamb Weston has set its FY 2026 guidance at EPS. Equities research analysts anticipate that Lamb Weston will post 3.1 earnings per share for the current year.

Lamb Weston Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, October 31st will be paid a dividend of $0.37 per share. The ex-dividend date is Friday, October 31st. This represents a $1.48 annualized dividend and a yield of 2.7%. Lamb Weston’s dividend payout ratio is currently 58.96%.

Wall Street Analyst Weigh In

Several research firms have commented on LW. JPMorgan Chase & Co. began coverage on Lamb Weston in a research report on Wednesday, August 20th. They set a “neutral” rating and a $57.00 price target on the stock. Barclays lifted their price target on Lamb Weston from $61.00 to $68.00 and gave the company an “overweight” rating in a research note on Friday, July 25th. Bank of America decreased their target price on Lamb Weston from $60.00 to $56.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 18th. Finally, Wells Fargo & Company boosted their target price on Lamb Weston from $65.00 to $66.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Three analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Lamb Weston currently has an average rating of “Hold” and an average price target of $65.33.

Lamb Weston Profile

Lamb Weston Holdings, Inc produces, distributes, and markets frozen potato products worldwide. The company operates through four segments: Global, Foodservice, Retail, and Other. It offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels.