SummerHaven Investment Management LLC Acquires New Stake in Lands’ End, Inc. $LE

SummerHaven Investment Management LLC bought a new position in Lands’ End, Inc. (NASDAQ:LE) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 74,671 shares of the company’s stock, valued at approximately $1,053,000. Lands’ End comprises approximately 0.6% of SummerHaven Investment Management LLC’s portfolio, making the stock its 26th biggest holding.

A number of other large investors have also recently modified their holdings of the business. Bailard Inc. bought a new position in shares of Lands’ End in the third quarter worth approximately $157,000. Ritholtz Wealth Management bought a new position in shares of Lands’ End in the 3rd quarter worth $293,000. Sage Investment Counsel LLC raised its position in shares of Lands’ End by 19.6% during the 3rd quarter. Sage Investment Counsel LLC now owns 19,140 shares of the company’s stock valued at $270,000 after buying an additional 3,140 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of Lands’ End by 20.8% during the 2nd quarter. Bridgeway Capital Management LLC now owns 118,651 shares of the company’s stock worth $1,271,000 after acquiring an additional 20,394 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in Lands’ End by 27.4% in the second quarter. Ameriprise Financial Inc. now owns 36,670 shares of the company’s stock worth $393,000 after acquiring an additional 7,895 shares in the last quarter. Institutional investors own 37.46% of the company’s stock.

Lands’ End Stock Performance

Lands’ End stock opened at $19.15 on Wednesday. The firm has a fifty day simple moving average of $15.27 and a two-hundred day simple moving average of $14.70. The company has a quick ratio of 0.43, a current ratio of 1.76 and a debt-to-equity ratio of 1.26. Lands’ End, Inc. has a twelve month low of $7.65 and a twelve month high of $20.04. The company has a market capitalization of $585.03 million, a PE ratio of 51.76 and a beta of 2.25.

Lands’ End (NASDAQ:LE) last released its quarterly earnings data on Tuesday, December 9th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. The firm had revenue of $317.49 million for the quarter, compared to the consensus estimate of $330.93 million. Lands’ End had a return on equity of 7.32% and a net margin of 0.89%.During the same quarter in the previous year, the business earned $0.06 earnings per share. Lands’ End has set its FY 2025 guidance at 0.680-0.810 EPS and its Q4 2025 guidance at 0.710-0.840 EPS. Research analysts expect that Lands’ End, Inc. will post 0.41 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded Lands’ End from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Lands’ End in a research report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Lands’ End presently has a consensus rating of “Hold”.

Lands’ End Profile

Lands’ End, Inc (NASDAQ: LE) is an American retailer specializing in casual apparel, accessories and home goods. Headquartered in Dodgeville, Wisconsin, the company sells its products through a combination of direct-to-consumer channels including e-commerce, catalogues and a network of outlet stores. Lands’ End is known for its nautical-inspired designs, functional outerwear and commitment to quality fabrics.

Founded in 1963 by Gary Comer as a mail-order sailing supply business, Lands’ End rapidly expanded its product offering beyond marine gear.