LFL Advisers LLC Has $37.42 Million Stake in Lamar Advertising Company $LAMR

LFL Advisers LLC lifted its position in Lamar Advertising Company (NASDAQ:LAMR) by 3.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 305,674 shares of the real estate investment trust’s stock after buying an additional 8,895 shares during the period. Lamar Advertising makes up about 13.0% of LFL Advisers LLC’s investment portfolio, making the stock its 4th biggest position. LFL Advisers LLC’s holdings in Lamar Advertising were worth $37,421,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of LAMR. HF Advisory Group LLC lifted its holdings in Lamar Advertising by 1.6% in the third quarter. HF Advisory Group LLC now owns 5,494 shares of the real estate investment trust’s stock valued at $673,000 after acquiring an additional 86 shares during the period. REAP Financial Group LLC grew its stake in shares of Lamar Advertising by 16.3% during the 3rd quarter. REAP Financial Group LLC now owns 622 shares of the real estate investment trust’s stock valued at $76,000 after purchasing an additional 87 shares during the period. Atalanta Sosnoff Capital LLC increased its position in shares of Lamar Advertising by 4.0% during the 2nd quarter. Atalanta Sosnoff Capital LLC now owns 2,475 shares of the real estate investment trust’s stock valued at $300,000 after purchasing an additional 96 shares during the last quarter. PFG Investments LLC lifted its stake in shares of Lamar Advertising by 5.4% in the 3rd quarter. PFG Investments LLC now owns 1,895 shares of the real estate investment trust’s stock worth $232,000 after purchasing an additional 97 shares during the period. Finally, Argent Advisors Inc. boosted its holdings in shares of Lamar Advertising by 0.7% in the third quarter. Argent Advisors Inc. now owns 14,122 shares of the real estate investment trust’s stock worth $1,729,000 after buying an additional 98 shares during the last quarter. Institutional investors own 93.78% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on LAMR. Citigroup upped their target price on shares of Lamar Advertising from $135.00 to $145.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Morgan Stanley set a $140.00 price objective on Lamar Advertising in a research note on Tuesday, December 16th. TD Cowen reaffirmed a “buy” rating on shares of Lamar Advertising in a report on Monday, February 23rd. Wells Fargo & Company boosted their price target on Lamar Advertising from $121.00 to $136.00 and gave the company an “equal weight” rating in a report on Tuesday, February 24th. Finally, Weiss Ratings upgraded Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research report on Monday, February 23rd. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Lamar Advertising presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.80.

Lamar Advertising Trading Down 0.8%

LAMR opened at $134.68 on Thursday. Lamar Advertising Company has a 12 month low of $99.84 and a 12 month high of $139.76. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 3.10. The stock has a 50-day moving average of $131.66 and a 200 day moving average of $127.59. The firm has a market cap of $13.65 billion, a P/E ratio of 23.34 and a beta of 1.21.

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 the consensus estimate of $2.18 by ($0.68). Lamar Advertising had a net margin of 25.91% and a return on equity of 58.58%. The company had revenue of $595.93 million for the quarter, compared to the consensus estimate of $592.70 million. Lamar Advertising has set its FY 2026 guidance at 5.720-5.830 EPS. As a group, research analysts forecast that Lamar Advertising Company will post 7.92 EPS for the current year.

Lamar Advertising Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a $1.60 dividend. This is a boost from Lamar Advertising’s previous quarterly dividend of $1.55. The ex-dividend date is Monday, March 16th. This represents a $6.40 annualized dividend and a dividend yield of 4.8%. Lamar Advertising’s dividend payout ratio (DPR) is 107.45%.

About Lamar Advertising

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.