Three Seasons Wealth LLC Invests $2.19 Million in Lamar Advertising Company $LAMR

Three Seasons Wealth LLC acquired a new position in Lamar Advertising Company (NASDAQ:LAMR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 14,055 shares of the real estate investment trust’s stock, valued at approximately $2,192,000.

Other institutional investors have also recently modified their holdings of the company. Knights of Columbus Asset Advisors LLC acquired a new position in shares of Lamar Advertising in the 4th quarter valued at approximately $1,872,000. Legal & General Group Plc boosted its position in Lamar Advertising by 4.6% in the fourth quarter. Legal & General Group Plc now owns 232,235 shares of the real estate investment trust’s stock valued at $29,396,000 after buying an additional 10,265 shares in the last quarter. Markel Group Inc. grew its stake in shares of Lamar Advertising by 8.8% during the fourth quarter. Markel Group Inc. now owns 185,000 shares of the real estate investment trust’s stock worth $23,417,000 after buying an additional 15,000 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Lamar Advertising by 3.8% during the fourth quarter. HighTower Advisors LLC now owns 771,959 shares of the real estate investment trust’s stock worth $97,715,000 after buying an additional 27,907 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Lamar Advertising by 0.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,307,093 shares of the real estate investment trust’s stock worth $165,549,000 after buying an additional 11,586 shares in the last quarter. 93.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

LAMR has been the subject of a number of research reports. Wells Fargo & Company increased their price target on Lamar Advertising from $150.00 to $151.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 12th. Weiss Ratings restated a “buy (b)” rating on shares of Lamar Advertising in a research report on Wednesday, August 19th. Morgan Stanley set a $170.00 target price on Lamar Advertising in a research report on Friday, August 7th. JPMorgan Chase & Co. increased their target price on shares of Lamar Advertising from $153.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, TD Cowen raised their target price on Lamar Advertising from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $160.17.

Lamar Advertising Stock Down 0.5%

LAMR stock opened at $150.76 on Friday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 3.29. The stock’s 50 day moving average is $156.49 and its 200-day moving average is $145.91. Lamar Advertising Company has a twelve month low of $114.45 and a twelve month high of $166.33. The firm has a market capitalization of $15.31 billion, a PE ratio of 27.51 and a beta of 1.17.

Lamar Advertising (NASDAQ:LAMR) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $1.58 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.58. Lamar Advertising had a net margin of 23.90% and a return on equity of 54.94%. The firm had revenue of $616.75 million for the quarter, compared to the consensus estimate of $606.61 million. Lamar Advertising has set its FY 2026 guidance at 5.950-5.990 EPS. Sell-side analysts expect that Lamar Advertising Company will post 8.43 EPS for the current fiscal year.

Lamar Advertising Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be given a $1.65 dividend. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.60. This represents a $6.60 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Monday, September 21st. Lamar Advertising’s payout ratio is presently 116.79%.

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.