Tudor Investment Corp ET AL Makes New Investment in Lamar Advertising Company $LAMR

Tudor Investment Corp ET AL acquired a new position in shares of Lamar Advertising Company (NASDAQ:LAMR) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 181,849 shares of the real estate investment trust’s stock, valued at approximately $22,262,000. Tudor Investment Corp ET AL owned approximately 0.18% of Lamar Advertising at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Allworth Financial LP increased its position in shares of Lamar Advertising by 21.5% during the third quarter. Allworth Financial LP now owns 1,935 shares of the real estate investment trust’s stock worth $237,000 after purchasing an additional 343 shares in the last quarter. Swiss Life Asset Management Ltd boosted its stake in Lamar Advertising by 79.1% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 4,084 shares of the real estate investment trust’s stock worth $500,000 after purchasing an additional 1,804 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in Lamar Advertising by 4.8% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 21,821 shares of the real estate investment trust’s stock worth $2,671,000 after purchasing an additional 997 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Lamar Advertising during the third quarter worth $2,793,000. Finally, Centaurus Financial Inc. acquired a new stake in shares of Lamar Advertising in the third quarter valued at about $323,000. Institutional investors and hedge funds own 93.78% of the company’s stock.

Lamar Advertising Stock Down 2.2%

Shares of LAMR opened at $124.57 on Friday. The company’s 50-day moving average price is $132.30 and its 200 day moving average price is $127.81. 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 firm has a market cap of $12.62 billion, a P/E ratio of 21.59 and a beta of 1.21.

Lamar Advertising (NASDAQ:LAMR) last announced its quarterly 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 analyst estimates 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. On average, sell-side analysts forecast that Lamar Advertising Company will post 7.92 earnings per share for the current year.

Lamar Advertising Increases Dividend

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

Wall Street Analysts Forecast Growth

LAMR has been the subject of several research reports. Weiss Ratings raised shares of Lamar Advertising from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday, February 23rd. UBS Group set a $150.00 target price on Lamar Advertising in a report on Monday, February 23rd. Morgan Stanley set a $140.00 price target on Lamar Advertising in a research report on Tuesday, December 16th. Wells Fargo & Company increased 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, TD Cowen reissued a “buy” rating on shares of Lamar Advertising in a research note on Monday, February 23rd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $139.80.

Lamar Advertising 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.