Van ECK Associates Corp Acquires 399,969 Shares of Louisiana-Pacific Corporation $LPX

Posted by George Bondi on Aug 31st, 2026

Van ECK Associates Corp increased its stake in Louisiana-Pacific Corporation (NYSE:LPX – Free Report) by 615.1% during the second quarter, according to its most recent filing with the SEC. The fund owned 464,995 shares of the building manufacturing company’s stock after buying an additional 399,969 shares during the quarter. Van ECK Associates Corp owned 0.67% of Louisiana-Pacific worth $36,577,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in LPX. BlackRock Inc. bought a new stake in Louisiana-Pacific in the second quarter worth about $506,638,000. Berkshire Hathaway Inc bought a new position in shares of Louisiana-Pacific during the 2nd quarter valued at approximately $445,593,000. Eminence Capital LP grew its position in shares of Louisiana-Pacific by 29.9% during the 4th quarter. Eminence Capital LP now owns 4,048,136 shares of the building manufacturing company’s stock valued at $326,927,000 after acquiring an additional 932,177 shares during the period. 59 North Capital Management LP increased its stake in shares of Louisiana-Pacific by 26.3% during the 4th quarter. 59 North Capital Management LP now owns 3,536,884 shares of the building manufacturing company’s stock worth $285,639,000 after purchasing an additional 737,406 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Louisiana-Pacific by 1.3% during the 4th quarter. State Street Corp now owns 2,171,315 shares of the building manufacturing company’s stock worth $175,355,000 after purchasing an additional 27,710 shares during the last quarter. Institutional investors own 94.73% of the company’s stock.

Louisiana-Pacific Trading Up 0.1%

Shares of LPX stock opened at $71.32 on Monday. The stock has a market capitalization of $4.99 billion, a price-to-earnings ratio of 90.28, a PEG ratio of 10.08 and a beta of 1.62. The company’s fifty day simple moving average is $74.81 and its two-hundred day simple moving average is $75.71. Louisiana-Pacific Corporation has a 1 year low of $66.12 and a 1 year high of $101.28. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.22 and a quick ratio of 1.67.

Louisiana-Pacific (NYSE:LPX – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The building manufacturing company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.16). The company had revenue of $665.00 million during the quarter, compared to analysts’ expectations of $667.31 million. Louisiana-Pacific had a net margin of 2.19% and a return on equity of 4.67%. Louisiana-Pacific’s revenue for the quarter was down 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.99 earnings per share. As a group, analysts anticipate that Louisiana-Pacific Corporation will post 1.17 earnings per share for the current year.

Louisiana-Pacific Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, August 14th. Louisiana-Pacific’s dividend payout ratio is presently 151.90%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Zacks Research downgraded Louisiana-Pacific from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 30th. Bank of America increased their price objective on Louisiana-Pacific from $85.00 to $101.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. TD Securities raised Louisiana-Pacific from a “hold” rating to a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings cut Louisiana-Pacific from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 19th. Finally, Truist Financial cut their price target on Louisiana-Pacific from $91.00 to $89.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Eleven research analysts have rated the stock with a Buy rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.00.

View Our Latest Research Report on Louisiana-Pacific

Louisiana-Pacific Company Profile

(Free Report)

Louisiana-Pacific Corporation (NYSE: LPX) is a leading manufacturer of building materials and engineered wood products for residential, industrial and light commercial construction. The company produces a diverse portfolio of products, including oriented strand board (OSB), engineered wood siding, trim, molding, sheathing panels and subflooring. Its flagship product lines, such as LP® SmartSide® trim and siding, are designed to offer enhanced durability, moisture resistance and ease of installation, helping builders and homeowners achieve long-lasting performance in a variety of climates.

Founded in 1973 as a spin-off from Georgia-Pacific, Louisiana-Pacific established its reputation by pioneering innovative manufacturing techniques for OSB, becoming one of the first companies to bring the product to market in the 1980s.