HF Advisory Group LLC Acquires 7,608 Shares of Lamar Advertising Company $LAMR

HF Advisory Group LLC increased its holdings in shares of Lamar Advertising Company (NASDAQ:LAMR) by 138.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,102 shares of the real estate investment trust’s stock after acquiring an additional 7,608 shares during the quarter. HF Advisory Group LLC’s holdings in Lamar Advertising were worth $1,658,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. SWS Partners raised its position in shares of Lamar Advertising by 10.6% in the fourth quarter. SWS Partners now owns 15,646 shares of the real estate investment trust’s stock valued at $1,980,000 after purchasing an additional 1,502 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Lamar Advertising during the fourth quarter worth approximately $396,000. Victory Financial Group LLC lifted its position in Lamar Advertising by 39.9% during the fourth quarter. Victory Financial Group LLC now owns 4,126 shares of the real estate investment trust’s stock worth $522,000 after acquiring an additional 1,177 shares during the last quarter. Fulcrum Capital LLC boosted its holdings in shares of Lamar Advertising by 3.0% during the fourth quarter. Fulcrum Capital LLC now owns 4,313 shares of the real estate investment trust’s stock worth $546,000 after acquiring an additional 125 shares during the period. Finally, Royal Fund Management LLC boosted its holdings in shares of Lamar Advertising by 21.4% during the fourth quarter. Royal Fund Management LLC now owns 44,296 shares of the real estate investment trust’s stock worth $5,607,000 after acquiring an additional 7,820 shares during the period. Institutional investors own 93.78% of the company’s stock.

Insider Transactions at Lamar Advertising

In other Lamar Advertising news, EVP Ross Lamar Reilly sold 5,969 shares of the firm’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 transaction, the executive vice president directly owned 15,850 shares of the company’s stock, valued at $2,039,102.50. This trade represents a 27.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 14.99% of the stock is owned by insiders.

Lamar Advertising Price Performance

Lamar Advertising stock opened at $126.01 on Thursday. The firm has a market cap of $12.77 billion, a PE ratio of 21.84 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 stock’s fifty day moving average price is $131.45 and its two-hundred day moving average price is $127.74. Lamar Advertising Company has a one year low of $99.84 and a one year high of $139.76.

Lamar Advertising (NASDAQ:LAMR) last released its 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). The company had revenue of $595.93 million for the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, research analysts expect that Lamar Advertising Company will post 7.92 EPS for the current fiscal year.

Lamar Advertising Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a dividend of $1.60 per share. This is a positive change from Lamar Advertising’s previous quarterly dividend of $1.55. This represents a $6.40 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Monday, March 16th. Lamar Advertising’s dividend payout ratio (DPR) is currently 110.92%.

Analyst Upgrades and Downgrades

LAMR has been the topic of a number of recent research reports. Wells Fargo & Company increased their target price on Lamar Advertising from $121.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 24th. TD Cowen restated a “buy” rating on shares of Lamar Advertising in a research note on Monday, February 23rd. Weiss Ratings raised Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a report on Monday, February 23rd. Morgan Stanley set a $140.00 price objective on Lamar Advertising in a research report on Tuesday, December 16th. Finally, UBS Group set a $150.00 target price on Lamar Advertising in a report on Monday, February 23rd. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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.