Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Lamar Advertising Company (NASDAQ:LAMR). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lamar Advertising stock on August 24th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
- Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
- Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
- Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
- Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
- Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
- Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
- Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.
Lamar Advertising Stock Performance
Lamar Advertising stock traded up $1.38 during midday trading on Friday, reaching $149.08. 370,871 shares of the company’s stock were exchanged, compared to its average volume of 445,448. The stock’s 50-day simple moving average is $155.74 and its 200 day simple moving average is $146.48. The firm has a market cap of $15.14 billion, a price-to-earnings ratio of 27.20 and a beta of 1.17. The company has a debt-to-equity ratio of 3.29, a quick ratio of 0.63 and a current ratio of 0.63. Lamar Advertising Company has a 52 week low of $114.45 and a 52 week high of $166.33.
Lamar Advertising Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be paid a $1.65 dividend. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.60. The ex-dividend date is Monday, September 21st. This represents a $6.60 annualized dividend and a yield of 4.4%. Lamar Advertising’s dividend payout ratio (DPR) is 120.44%.
Analyst Ratings Changes
A number of research firms recently weighed in on LAMR. JPMorgan Chase & Co. increased their price target on Lamar Advertising from $153.00 to $160.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lamar Advertising in a research report on Wednesday, August 19th. Morgan Stanley set a $170.00 price objective on shares of Lamar Advertising in a report on Friday, August 7th. Wells Fargo & Company increased their price objective on shares of Lamar Advertising from $150.00 to $151.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 12th. Finally, Citigroup cut shares of Lamar Advertising from a “buy” rating to a “neutral” rating and raised their target price for the stock from $145.00 to $160.00 in a research note on Friday, July 10th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Lamar Advertising currently has an average rating of “Hold” and a consensus target price of $160.17.
View Our Latest Stock Report on LAMR
Hedge Funds Weigh In On Lamar Advertising
Several institutional investors and hedge funds have recently modified their holdings of LAMR. Tucker Asset Management LLC bought a new position in Lamar Advertising during the fourth quarter worth about $25,000. Parkside Financial Bank & Trust grew its position in shares of Lamar Advertising by 53.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 243 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 85 shares in the last quarter. Elevation Wealth Partners LLC grew its position in shares of Lamar Advertising by 451.1% during the 2nd quarter. Elevation Wealth Partners LLC now owns 259 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 212 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Lamar Advertising during the third quarter worth approximately $33,000. Finally, Western Wealth Management LLC bought a new position in shares of Lamar Advertising during the first quarter worth approximately $40,000. 93.78% of the stock is currently owned by institutional investors and hedge funds.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
Lamar Advertising Company Profile
Lamar Advertising Company is an outdoor advertising company that provides businesses and organizations with advertising displays across the United States. Its offerings include traditional and digital billboards, as well as advertising displays on buses, benches, shelters and other transit-related assets.
The company also provides advertising opportunities at airports and other specialty locations. Its digital display network enables advertisers to deliver changing messages and campaigns, while its traditional billboard inventory supports longer-term brand awareness and local advertising initiatives.
Founded in 1902, Lamar Advertising has grown from a regional sign and billboard business into one of North America’s major out-of-home advertising providers.
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