Revisor Wealth Management LLC Grows Stock Holdings in Lamar Advertising Company $LAMR

Revisor Wealth Management LLC lifted its position in shares of Lamar Advertising Company (NASDAQ:LAMR) by 101.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,512 shares of the real estate investment trust’s stock after purchasing an additional 5,798 shares during the period. Revisor Wealth Management LLC’s holdings in Lamar Advertising were worth $1,475,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LAMR. AQR Capital Management LLC lifted its position in shares of Lamar Advertising by 123.8% during the 2nd quarter. AQR Capital Management LLC now owns 1,475,525 shares of the real estate investment trust’s stock worth $177,152,000 after purchasing an additional 816,217 shares during the last quarter. Egerton Capital UK LLP purchased a new stake in shares of Lamar Advertising during the 3rd quarter worth $88,615,000. Invesco Ltd. lifted its position in shares of Lamar Advertising by 97.8% during the 3rd quarter. Invesco Ltd. now owns 991,990 shares of the real estate investment trust’s stock worth $121,439,000 after purchasing an additional 490,463 shares during the last quarter. Northern Trust Corp lifted its position in shares of Lamar Advertising by 23.9% during the 3rd quarter. Northern Trust Corp now owns 1,629,554 shares of the real estate investment trust’s stock worth $199,490,000 after purchasing an additional 314,235 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Lamar Advertising by 22.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,064,441 shares of the real estate investment trust’s stock worth $130,309,000 after purchasing an additional 197,175 shares during the last quarter. 93.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Lamar Advertising

In other 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 completion of the sale, the executive vice president directly owned 15,850 shares of the company’s stock, valued at approximately $2,039,102.50. This represents a 27.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 15.24% of the company’s stock.

Lamar Advertising Price Performance

Shares of LAMR opened at $135.04 on Monday. Lamar Advertising Company has a 1-year low of $105.78 and a 1-year high of $139.76. The stock has a market cap of $13.68 billion, a PE ratio of 23.40 and a beta of 1.20. The company has a debt-to-equity ratio of 3.10, a current ratio of 0.58 and a quick ratio of 0.58. The firm has a fifty day moving average price of $132.21 and a 200 day moving average price of $128.45.

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). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The company had revenue of $595.93 million during the quarter, compared to analysts’ expectations of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, sell-side analysts anticipate that Lamar Advertising Company will post 7.92 EPS for the current year.

Lamar Advertising Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were issued a $1.60 dividend. The ex-dividend date of this dividend was Monday, March 16th. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.55. This represents a $6.40 dividend on an annualized basis and a dividend yield of 4.7%. Lamar Advertising’s dividend payout ratio is currently 110.92%.

Analysts Set New Price Targets

Several research firms have recently issued reports on LAMR. TD Cowen reaffirmed a “buy” rating on shares of Lamar Advertising in a research report on Monday, February 23rd. Wells Fargo & Company boosted 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 report on Tuesday, February 24th. Weiss Ratings raised shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research report on Monday, February 23rd. Finally, UBS Group set a $150.00 price target 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 issued a Hold rating to the stock. According to MarketBeat, Lamar Advertising currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.80.

Lamar Advertising Company 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.