Miller Howard Investments Inc. NY Has $59.28 Million Stock Holdings in Lamar Advertising Company $LAMR

Posted by Stanley Muller on Jun 24th, 2026

Miller Howard Investments Inc. NY raised its holdings in shares of Lamar Advertising Company (NASDAQ:LAMR – Free Report) by 48.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 468,026 shares of the real estate investment trust’s stock after acquiring an additional 152,833 shares during the period. Lamar Advertising makes up 1.6% of Miller Howard Investments Inc. NY’s holdings, making the stock its 21st largest position. Miller Howard Investments Inc. NY owned 0.46% of Lamar Advertising worth $59,280,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Sivia Capital Partners LLC bought a new stake in Lamar Advertising in the second quarter valued at about $510,000. Arrowstreet Capital Limited Partnership boosted its holdings in Lamar Advertising by 250.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 47,604 shares of the real estate investment trust’s stock worth $5,777,000 after buying an additional 34,002 shares during the last quarter. Amundi boosted its holdings in Lamar Advertising by 224.6% during the second quarter. Amundi now owns 2,048 shares of the real estate investment trust’s stock worth $255,000 after buying an additional 1,417 shares during the last quarter. Gamco Investors INC. ET AL acquired a new position in shares of Lamar Advertising during the 2nd quarter worth about $873,000. Finally, Cerity Partners LLC grew its position in shares of Lamar Advertising by 39.0% during the 2nd quarter. Cerity Partners LLC now owns 37,166 shares of the real estate investment trust’s stock worth $4,510,000 after buying an additional 10,423 shares during the period. Institutional investors and hedge funds own 93.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on LAMR shares. Wells Fargo & Company increased their price target on shares of Lamar Advertising from $136.00 to $150.00 and gave the company an “equal weight” rating in a research report on Friday, May 8th. Morgan Stanley set a $145.00 price objective on shares of Lamar Advertising in a report on Thursday, May 7th. TD Cowen upped their target price on shares of Lamar Advertising from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Lamar Advertising in a report on Friday, May 22nd. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $148.00.

Read Our Latest Stock Analysis on Lamar Advertising

Lamar Advertising Stock Performance

Shares of LAMR stock opened at $152.38 on Wednesday. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.58 and a current ratio of 0.58. The company has a market capitalization of $15.46 billion, a P/E ratio of 28.11 and a beta of 1.20. The company’s 50 day moving average price is $146.03 and its two-hundred day moving average price is $135.85. Lamar Advertising Company has a 52 week low of $113.66 and a 52 week high of $158.69.

Lamar Advertising (NASDAQ:LAMR – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The real estate investment trust reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.18. Lamar Advertising had a net margin of 24.01% and a return on equity of 55.53%. The company had revenue of $528.00 million during the quarter, compared to analysts’ expectations of $522.86 million. On average, analysts expect that Lamar Advertising Company will post 8.41 earnings per share for the current fiscal year.

Lamar Advertising Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 16th will be paid a $1.60 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $6.40 dividend on an annualized basis and a yield of 4.2%. Lamar Advertising’s dividend payout ratio is presently 118.08%.

Lamar Advertising Company Profile

(Free Report)

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.